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

TOP STORIES

: In Depth: AI Agents Ignite Global Battle for the Future of Payments
From Alibaba to Google, companies are racing to control AI-driven payments — a shift that could redefine commerce and upend financial gatekeepers

: Hormuz Insurance Crunch Sends Shipping Costs Soaring
War risk premiums jump to as high as 10% as insurers pull back and coverage becomes scarce

In Depth: China Looks to ‘Experience Economy’ for a Consumption Lift

Record-breaking Lunar New Year data reveal a structural pivot as travelers prioritize local traditions and immersive attractions over traditional sightseeing, sparking hopes for a new engine for domestic consumption

: In Depth: Influential Economist Ba Shusong Goes Silent After Months of Travel Ban Rumors
Sudden silence from well-connected academic and former HKEX adviser sparks speculation amid broader financial-sector scrutiny

PDD Bets on In-House Brands in 100 Billion Yuan Expansion Plan

New venture will develop curated in-house brands and “go-global” services for manufacturers; fourth-quarter non-GAAP profit fell on higher costs

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China Business Uncovered Podcast: Inside the Fall of ‘China’s LVMH’

Mar 19, 2026 06:38 PM

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LATEST NEWS

: Former Head of China Defense Giant AVIC Gets Suspended Death Sentence for Graft
Tan Ruisong was found guilty of embezzlement, bribery and insider trading involving more than 700 million yuan
Mar 25, 2026 11:11 PM

: COSCO Restarts Middle East Container Bookings, Skirting Hormuz
COSCO Shipping Lines is routing boxes to ports east of the strait and moving them overland after Iran’s blockade
Mar 25, 2026 10:40 PM

: Kuaishou Ramps Up AI Commercialization as Kling Revenue Hits $150 Million
Kling remains a small share of sales but is scaling quickly; CEO says annualized run rate rose above $300 million in January
Mar 25, 2026 10:23 PM

: China Vows Equal Treatment to Woo Foreign Investors
Officials tout talent pool and market scale as Beijing seeks to counter rising costs and supply-chain shifts
Mar 25, 2026 10:06 PM

: Alibaba Launches AI Agent for Small Businesses With International Ambitions
The tech giant’s new Accio Work platform boasts the ability to create a digital workforce that can handle both simple and complex tasks, with the aim of simplifying cross-border e-commerce
Mar 25, 2026 07:41 PM

: Xiaomi EV Unit Posts Profit, but Smartphone Business Falters
Despite strong 2025 earnings companywide, revenue growth slowed to 7.3% and profit dropped 23.7% in the fourth quarter as rising memory costs hit its core handset division
Mar 25, 2026 07:16 PM

: Energy Insider: Geopolitical Tensions Drive Calls for Deeper Energy Cooperation
Middle East conflict disrupts global aviation market, Chinese-owned freighter uses Iran’s maritime ‘safe corridor’
Mar 25, 2026 06:44 PM

: Humanoid Robots and AI Agents Drive Spring Hiring in China, Report Says
Zhaopin data show job postings rose fastest in robotics, while AI-agent listings topped five times last year’s pace
Mar 25, 2026 06:42 PM

: Exclusive: CCB May Add Party Official as China Tightens Financial Oversight
Move would make it the last of China’s ‘Big Four’ banks to establish the role
Mar 25, 2026 06:02 PM

: Veteran Shanghai Economic Official Named Vice Governor in China’s Northeast
Gu Jun brings decades of experience from China’s financial hub to Liaoning, where he will oversee commerce and the local business environment
Mar 25, 2026 05:42 PM

: China’s ‘Fixed-Income Plus’ Funds Hit by Redemptions on Profit-Taking
Outflows persist as market volatility and geopolitical tensions prompt investors to cut exposure
Mar 25, 2026 03:25 PM

: Business Brief (March 25): China Discovers World’s Second-Largest Light Rare Earth Mine
China’s AI token calls hit 140 trillion in March; Chinese banks cut long-term deposit rates
Mar 25, 2026 03:12 PM

: Japanese Military Officer Arrested After Breaking Into Premises of China Embassy in Tokyo
Beijing demands a thorough investigation and severe punishment after an active-duty Japanese Ground Self-Defense Force officer infiltrated its Tokyo diplomatic compound armed with an 18-centimeter blade
Mar 25, 2026 01:48 PM

: Tech Brief (March 25): Xiaomi Logs First Quarterly Profit Drop Since 2022
China’s daily AI token calls surpass 140 trillion, China Telecom cuts 2026 capital expenditure
Mar 25, 2026 12:08 PM

: Former Peking University Vice President Indicted in Bribery Probe
Prosecutors say Ren Yuzhong, once the youngest vice president at China’s premier academic institution, used senior posts to secure favors for others and accepted ‘especially huge’ sums
Mar 25, 2026 11:23 AM

: CX Daily: China Looks to ‘Experience Economy’ for a Consumption Lift
Record-breaking Lunar New Year data reveal a structural pivot as travelers prioritize local traditions and immersive attractions
Mar 25, 2026 09:00 AM