The Latest Breaking News from Caixin

Institutions are rushing to bring investment products to market in wake of government plan to grow the underdeveloped sector

China and its trading partners are doing more business in yuan, Belt and Road investment is increasingly being funded in the Chinese currency, and ‘dim sum’ bond sales are booming

The contribution of high value-added industries such as biotechnology to the country’s total economic inputs slipped in October

China's largest city of Shanghai is ordering mass testing on all 1.3 million residents of its downtown Yangpu district and confining them to their homes at least until results are known

Asian stocks have sunk again after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and Chinese manufacturing weakened

A nighttime bus crash that killed 27 people in southwest China this week has set off a storm of anger online over the harshness of the country’s strict COVID-19 policies

China's scorched southwestern regions extended curbs on power consumption on Monday as they deal with dwindling hydropower output and surging household electricity demand during a long drought and heatwave.

Authorities say some customers will start getting their money back after angry crowd in Henan was broken up by heavy-handed security guards

Defaulted Chinese developer taps long-term creditor Citic for bailout linked to properties and gets new funds to complete underlying projects

Asian benchmarks are lower, echoing a decline on Wall Street, after a quarterly report by Japan’s central bank rekindled worries about the world’s third largest economy

While disruptions from pandemic controls threaten to add impetus to the outflow, China retains tremendous advantages over India and Southeast Asia