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

TOP STORIES

: In Depth: China’s First Gene Therapy Struggles to Find Buyers Despite Price Cut
Belief BioMed’s hemophilia treatment can work for years after one injection, but insurers and patients are grappling with its upfront cost

: Analysis: China’s Green Lending Boom Leaves Polluting Industries Struggling for Funds
Banks are competing for established pure green projects, while financing the decarbonization of high-emission industries remains costly and risky

China Will Be Carbon Neutral By 2060, President Xi Says

Chinese Firm Fakes Pig Trades to Defraud State-Owned Enterprises

After gaining SOEs’ trust, company persuades them to borrow from banks and pay upfront for pig supplies

: In Depth: China’s Offshore Trust Tax Grace Period Ends as Questions Linger
Some wealthy taxpayers are selling assets to cover substantial bills, while disputes persist over valuations and how far back authorities can collect unpaid taxes

U.S. Audit Watchdog Chief Visits China Amid Renewed Scrutiny

PCAOB Chairman Demetrios Logothetis observed inspections in Shanghai and met senior regulators in Beijing as Washington scrutinizes a 2022 audit oversight agreement

INSIGHT

In Depth: What’s in the China-U.S. Tariff Truce, and What’s Left Unsettled

Cover Story: China’s Power Retailers Reel as Cheap Deals Backfire

Analysis: China Seeks Private Capital to Help Fund Its Infrastructure Push

Caixin Explains: What China’s Proposed Shift to an Overnight Policy Rate Would Mean

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China Business Uncovered Podcast: Exposing China’s Youth Correction Camps

Sep 11, 2026 03:46 PM

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LATEST NEWS

: China Wind Power to Pivot From Growth to Grid Reliability, Goldwind President Says
The industry must move beyond aggressive capacity expansion to secure market-driven returns and stabilize the power grid, Cao Zhigang says
Oct 23, 2026 12:32 PM

: Analysis: What China’s Economic Statistics Are Missing
Digitalization and changing employment patterns are challenging traditional measures of the economy
Oct 23, 2026 12:26 PM

: Xi Orders All-Out Rescue After Magnitude 7.0 Quake Strikes Xizang
State media report heavy casualties in Baqing county as the president urges rescuers to find survivors and treat the injured
Oct 23, 2026 11:19 AM

: Commentary: Stabilizing China’s Stocks Will Take More Than ETF Buying
State-backed funds can help contain market declines, but a durable recovery depends on rebuilding risk appetite through clearer improvements in private-sector investment, housing and household demand
Oct 23, 2026 11:06 AM

: Weekly Must-Read: China’s Power Retailers Reel as Cheap Deals Backfire
Surging wholesale costs squeeze suppliers across southern China, with Guangxi’s power retailers facing 5 billion yuan in projected losses
Oct 23, 2026 10:00 AM

: CX Daily: China’s Green Lending Boom Leaves Polluting Industries Struggling for Funds
Banks are competing for established pure green projects, while financing the decarbonization of high-emission industries remains costly and risky
Oct 23, 2026 09:00 AM

: China’s Bank Wealth Management Market Reaches 35.4 Trillion Yuan
Outstanding balances rose 10.1% from a year earlier as investors favored fixed-income products, though low yields could weigh on fourth-quarter growth
Oct 23, 2026 05:35 AM

: China’s Battery Makers Expand Sodium-Ion Push for Light Electric Vehicles
Tianneng joins rivals seeking an alternative to lead-acid and lithium-ion batteries, but lower costs will be key to gaining market share
Oct 23, 2026 02:25 AM

: MiniMax Shares Fall Below IPO Price Amid AI Sector Sell-Off
Shares have fallen from their March peak as Chinese developers contend with new models and price cuts from U.S. rivals
Oct 23, 2026 12:03 AM

: PBOC Details Yuan Access as Cross-Border Use Grows
The framework covers revenue, fundraising, borrowing and currency exchange, alongside options for investing yuan holdings and managing risk
Oct 22, 2026 11:35 PM

: Shenzhen’s Existing-Home Prices Fall in October
A new loan subsidy policy fueled a surge in sales of lower-priced properties as listings continued to rise
Oct 22, 2026 07:08 PM

: China Moves to Bundle Coal Plants With Renewables as Grid Pressures Grow
The new guidelines aim to address the growing problem of renewable power curtailment as China’s rapidly expanding wind and solar capacity overwhelms the traditional grid
Oct 22, 2026 06:28 PM

: Micron Taiwan Workers Stage Strike Seeking Bigger Share of AI Profits
Workers at the Taoyuan plant are demanding 15% of operating profit as a guaranteed quarterly bonus, rejecting management’s offer of one-time payouts
Oct 22, 2026 05:57 PM

: Beijing Executive Vice Mayor Xia Linmao Falls in Anticorruption Drive
Xia Linmao, who oversaw Beijing’s day-to-day government operations, is the 56th centrally managed official publicly targeted in China’s 2026 anticorruption campaign
Oct 22, 2026 04:54 PM

: China Proposes Exterior Lights to Indicate Vehicles Using Self-Driving
The draft rules are the government’s latest effort to curb potentially distracting designs of smart vehicles as large-scale commercialization of self-driving technology accelerates
Oct 22, 2026 04:47 PM

: China Overhauls Graduate Degrees, Allowing Practical Work to Replace the Traditional Thesis
In a major pivot toward application-oriented education, master’s and doctoral candidates in five professional fields — including medicine and agriculture — can now earn their degrees based on real-world achievements rather than academic papers
Oct 22, 2026 04:46 PM