The Latest Breaking News from Caixin

Draft regulations to strengthen supervision may be difficult to enforce and could even put unnecessary burdens on market participants, experts say

The share of high-value added industries in China’s overall economic inputs dropped to 28.8% in April from 30.6% the previous month, the NEI shows

The figures come as Beijing doggedly pursues a zero-Covid response leading to lockdown measures in several cities.

China’s financial, logistics and manufacturing giant struggles to get back on its feet as Covid lockdowns snarl logistics and restrict the workforce

The new framework comes as the country has opened the market to greater overseas participation

A handful of major bank branches in Beijing have said that they will lower upper limit on interest rates for some fixed deposits by around 10 basis points, Caixin has learned

Volunteers and low-level government workers in Shanghai have erected metal barriers in multiple districts to block off small streets and entrances to apartment complexes, as China hardens its strict “zero-COVID” approach in the metropolis

How the city’s Covid flare-up is throwing a wrench into the gears of China’s business engine as 25 million residents struggle to meet basic needs

Ping An Annuity Insurance is seeking $1.6 billion from its parent, as it aims to further develop a business central to China’s plans to change how people save for retirement

Preparations after three weeks of Covid lockdowns focus on ensuring personnel and supply chains with virus-control measures

International arrivals will face 10 days of isolation instead of 14 in four-week test involving Shanghai, Guangzhou and six other cities