Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments

TOP STORIES

: In Depth: How a Ponzi Scheme Fleeced China’s Elderly
Shanhai Group lured isolated seniors with complimentary trips and feigned affection, building a 24.4 billion yuan illegal fundraising empire

: China Tax on Offshore Insurance Returns Triggers Prudential, HSBC Selloff
Cases involving a 20% levy raise concerns that tighter enforcement could weaken mainland demand for Hong Kong insurance products and hurt insurers’ growth

In Depth: China Hunts for a New Auto Engine

As car sales suffer their sharpest drop among consumer goods, Beijing turns its focus from purchase incentives to lowering the cost of driving and repairing vehicles

: Exclusive: Chinese Supertankers Take Africa Detour to Avoid Red Sea Attacks
State-owned vessels resume loading Saudi crude via an Egyptian pipeline, adding thousands of miles and an extra month to avoid Houthi attacks

GM, SAIC Renew China Venture Through 2047 as Chevrolet Faces Exit

Early renewal of the long-running partnership comes with a strategic reset centered on Buick, Cadillac, localized EV development and exports

INSIGHT

In Depth: Thai Buddhist Amulets Draw China’s Anxious Youth — and Laundering Networks

Cover Story: China’s AI-Driven Robotics Boom Faces IPO Reality Check

Analysis: How Active ETFs Will Reshape Asset Management in China

Caixin Explains: How China Plans to Pay for Its Urban Renewal Push

A-Share Database >>

Darers & Doers Podcast: Making Solar Power Work Smarter

Jul 31, 2026 04:23 PM

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LATEST NEWS

: Yuan Advances to Three-and-a-Half-Year High
The onshore yuan opened above 6.75 per U.S. dollar on Thursday, supported by cooling U.S. inflation data and solid domestic trade figures
Aug 06, 2026 02:32 PM

: Business Brief (Aug. 6): China Announces Trade Countermeasures Against the U.S.
Moonshot AI seeks $50 billion valuation in new funding round, Chinese mainland tax authorities begin levying returns from offshore insurance policies
Aug 06, 2026 12:30 PM

: CX Daily: China Hunts for a New Auto Engine
As car sales plummet, Beijing turns its focus from purchase incentives to lowering the cost of driving and repairing vehicles
Aug 06, 2026 09:00 AM

: Chinese AI Startups Turn to World Models to Reimagine Video Games
Developers are betting China’s vast gaming market can serve as a proving ground for AI systems that generate dynamic, physics-based worlds, though commercialization challenges remain
Aug 06, 2026 03:48 AM

: Japanese Officer Expresses Regret in Court Over Knife-Wielding Breach at Chinese Embassy
Lt. Kodai Murata admitted the charges and said he regretted the impact on his family and military unit, as the case adds to tensions between Tokyo and Beijing
Aug 06, 2026 01:41 AM

: China’s Green Jet Fuel Expansion Raises Pressure on Global Feedstock Supply
A surge in projects by state-owned energy groups could curb exports of used cooking oil, a critical raw material for European airlines seeking to meet blending mandates
Aug 06, 2026 01:21 AM

: Unitree IPO Opens With Bids Implying Up to 55 Billion Yuan Valuation
The offering is emerging as an early test of whether public markets will support the lofty valuations attached to China’s humanoid-robot sector
Aug 06, 2026 12:26 AM

: Former Chinese Defense Industry Official Sentenced to 10 Years for Bribery
Zhang Jianhua was convicted of accepting illicit payments during and after his tenure at the state defense industry regulator
Aug 05, 2026 08:29 PM

: Hong Kong Enacts Landmark Law Allowing Terminally Ill Patients to Refuse Resuscitation
The Advance Decision on Life-sustaining Treatment Ordinance establishes a legal framework for advance directives, addressing an aging population’s demand for end-of-life dignity while protecting medical professionals from liability
Aug 05, 2026 08:25 PM

: Chinese Robotics Startup PokeBot Raises Hundreds of Millions of Dollars
The fundraising could underpin the months-old firm’s ambition to build household robots to perform complex tasks like cooking
Aug 05, 2026 07:38 PM

: Business Brief (Aug. 5): China Mandates Strict Safety Rules for Self-Driving Cars
PCs and smartphones get pricier on AI memory demand and raw material costs
Aug 05, 2026 06:55 PM

: Exclusive: China Widens Tax Net to Offshore Insurance
Chinese mainland authorities have levied a 20% personal income tax on Hong Kong policy dividends and prepaid premium interest in early cases
Aug 05, 2026 06:31 PM

: Analysis: As Trade-In Subsidies Fade, China Bets on Services to Keep Consumers Spending
Reduced rebates and narrower product eligibility have muted the impact of the government’s stimulus policy, prompting it to transition to supporting sectors like the auto aftermarket
Aug 05, 2026 06:11 PM

: Record 10 Brand-Name Drugs Win China Bulk-Buying Bids
Multinational drugmakers are returning to China’s centralized procurement program after rule changes gave originator medicines a second path to selection, though stronger price pressure still looms
Aug 05, 2026 06:06 PM

: China Beats U.S. in Approving Takeda’s Breakthrough Narcolepsy Drug
The milestone marks the first time a first-in-class drug using global clinical data has been filed and approved in China ahead of the rest of the world
Aug 05, 2026 05:50 PM

: Chinese Fund Managers Flock Overseas for AI Research — and Luxury Junkets
Lavish international trips paid for via illicit commission payments draw compliance scrutiny
Aug 05, 2026 05:43 PM