Caixin

In Depth: In China’s Youth Rehabilitation Industry, Abduction and Abuse Run Rampant

A shadow business of ‘behavior correction’ centers in China charges thousands of yuan to cure burnt-out young people suffering from what their parents consider a lack of ambition. Treatment includes forced confinement and beatings

Yuan Hits Highest Level Since May 2023 Despite Dollar Rebound

The Chinese yuan strengthens past the 6.94 mark as the greenback recovers globally. A divergence in policy outlooks fuels the currency’s resilience

Prominent Chinese Journalist Liu Hu Detained by Police in Chengdu

Liu Hu, known for exposing official corruption, faces charges of false accusation and illegal business operations following a critical blog post

Nov 19, 2025 05:38 PM
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Electric Two-Wheeler Maker TAILG Files for Hong Kong IPO

The firm reported a 122% surge in nine-month profit but faces shrinking market share as tech-savvy rivals capitalize on new smart-vehicle regulations

Feb 04, 2026 03:36 AM

Chinese Gold Retailer Curbs Buybacks as Prices Fluctuate Sharply

Beijing Caibai limits repurchase services amid volatility in global gold markets, signaling the risks faced by retailers during sudden price swings

Feb 04, 2026 02:51 AM

Beijing Eyes Fresh Capital for Big Insurers as Yield Rules Bite

Preventive recapitalization would echo last year’s bank bailout and help insurers maintain long-term equity

Feb 04, 2026 01:20 AM

Mercedes Cuts China Sticker Prices to Ease Dealer Losses

Automaker trims suggested prices about 10% as inventory piles up and rebates lag in a brutal price war

Feb 04, 2026 12:50 AM

Beijing Humanoid Robotics Hub Raises $100 Million in First Funding Round

State-backed funds and Baidu back the embodied AI developer as China accelerates commercialization of humanoid robots

Feb 04, 2026 12:15 AM

Former Top Provincial Political Adviser Sentenced to Life for 117 Million Yuan Graft

Li Weiwei, formerly chairwoman of the Hunan provincial political consultative committee in Hunan, is the latest senior official jailed as investigators target ‘family corruption’ in the province

Feb 03, 2026 08:53 PM

Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success

The tech giant’s cloud and AI ecosystem has enabled its newly released Zhenwu 810E chip to gain traction, in contrast to peers still struggling to secure stable demand

Feb 03, 2026 07:40 PM

Chinese Robot Startup LimX Dynamics Raises $200 Million

The embodied intelligence company, which specializes in general-purpose humanoid robots, plans to use the funding to fuel its expansion in China and abroad

Feb 03, 2026 06:39 PM

China New Economy Gauge Slips on Weaker Capital, Tech Inputs

High value-added industries accounted for 32.7% of total economic inputs in January, a Caixin index shows

Feb 03, 2026 06:17 PM

China Citic Bank Executive Turns Himself In for Graft Probe

Jiang Yulin, head of the lender’s Shanghai audit center, is under investigation

Feb 03, 2026 05:48 PM

Aerofugia Raises Nearly $150 Million to Get Flying Taxis Certified

Backed by Geely and state-linked funds, the flying vehicle developer is racing to secure airworthiness approval to get in on China’s low-altitude economy

Feb 03, 2026 04:58 PM

Analysis: China’s Provinces Set a Pragmatic Floor for 2026 Growth

With a weighted average GDP target of 5.1%, local governments are balancing the need for stability with aggressive moves into AI, green energy and the 'silver economy'

Feb 03, 2026 04:33 PM

Hong Kong Police Bust ‘Suicide Script’ Scam Ring That Swindled Millions

A sophisticated fraud ring utilized a narrative of tragic suicide and fake bequests to steal more than HK$44 million, highlighting the evolving tactics of digital crime in the deployment of ‘pig-butchering’ schemes

Feb 03, 2026 04:15 PM

Simandou Faces Uphill Battle Reaching Its Full Production Target, Analyst Says

Port, rail and other infrastructure bottlenecks are holding back Guinea’s flagship iron ore mine from ramping up to full output within 30 months, CRU’s Erik Hedborg says

Feb 03, 2026 03:37 PM

China Forecasts Record 9.5 Billion Trips During Spring Festival Travel Rush

Passenger traffic is expected to rise 5.3% over the 40-day period, with rail and aviation volumes reaching new peaks

Feb 03, 2026 12:52 PM

Former Justice Minister Sentenced to Life in Prison for Corruption

Tang Yijun accepted over 137 million yuan in bribes spanning 17 years, leveraging his wife’s business dealings to hide illicit gains

Feb 03, 2026 09:30 AM



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