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

TOP STORIES

: Weekend Long Read: Breaking Ground for a Soccer Dream in the Clouds
In the remote mountains of Sichuan province, viral online soccer star Jifu Lama is spreading his love of the game to help ’left behind’ Yi ethnic children find a sense of purpose

: Tokopedia Downsizing Sparks Indonesian Government Concerns Over Mass Layoffs
About 200 workers at the TikTok-owned e-commerce platform left the company after accepting severence packages as part of a corporate restructuring

In Depth: China Tech Giants Battle to Build the Ultimate AI Concierge

Tencent, Alibaba and major smartphone-makers are transforming their software into autonomous digital assistants in a race to control how users interact with technology

: China Bans Helium Exports as Global Supply Crunch Hits Chipmaking Gas
Beijing moves to conserve the critical gas as disruptions in Qatar and Russian export controls tighten global supply

Bank of Shanghai Wins Appeal Against Baoneng Over 2.6 Billion Yuan Debt

The ruling is part of the lender’s broader push to recover about 13 billion yuan in overdue principal from the embattled property conglomerate

INSIGHT

In Depth: Chinese Brands Tear Up Playbook for World Cup Sponsorship

Cover Story: The AI Token Takeover in China

Analysis: AI Demand Propels China Back to the Fore of Asian Private Equity

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

A-Share Database >>

China Business Uncovered Podcast: How China’s Tech Elite Got Burned by a Failing Luxury-Car Dealer

Jul 03, 2026 05:19 PM

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LATEST NEWS

: Volkswagen Plans 1 Million Vehicle Capacity Cut in China and Europe
The restructuring would further scale back production, reduce model complexity and consolidate R&D as the automaker seeks to improve margins and resilience
Jul 11, 2026 03:32 AM

: Tencent Expands AI Computing Capacity After Hy3 Demand Surge
Surging demand for the newly launched model highlights the computing-power squeeze facing China’s AI developers
Jul 11, 2026 02:30 AM

: The Week Ahead (July 13-19): Fed Chair Warsh to Testify Before Congress
ByteDance and Alibaba to take their personalized AI agent features offline; Shanghai to host the 2026 World Artificial Intelligence Conference
Jul 10, 2026 11:10 PM

: Meituan Cuts Jobs After Costly Instant-Retail Price War
The Chinese food-delivery giant says fewer than 2,000 employees have left, while workers describe the reductions as its largest personnel adjustment in years
Jul 10, 2026 10:52 PM

: Xiaomi Cuts Jobs Across Divisions as Earnings Come Under Pressure
The Chinese tech company denies large-scale layoffs, calling the moves normal team adjustments
Jul 10, 2026 10:13 PM

: Chinese AI Developer MiniMax Raises HK$16 Billion From Equity, Convertible Bond Sale
The company plans to use the proceeds to expand its AI infrastructure and accelerate the global rollout of its agent products
Jul 10, 2026 07:38 PM

: In Depth: New Gulf Oil Shipping Model Emerges as Supertankers Shun Strait of Hormuz
With many Chinese and international supertankers unwilling to risk the volatile passage, a new offshore ship-to-ship transfer model is emerging in the Gulf of Oman to move crude from Persian Gulf producers to global buyers
Jul 10, 2026 07:11 PM

: Business Brief (July 10): Chinese AI Stocks Surge After Goldman Sachs Report
China issues guidelines to boost retail innovation, MiniMax shares plummet as lockup period expires
Jul 10, 2026 06:53 PM

: In Depth: China Tech Giants Battle to Build the Ultimate AI Concierge
Tencent, Alibaba and major smartphone-makers are transforming their software into autonomous digital assistants in a race to control how users interact with technology
Jul 10, 2026 05:08 PM

: China Pushes for More Clean Energy With New Carbon Plan
Beijing targets deeper emissions cuts by 2030, expanding renewable power, storage and electric vehicles as it navigates challenges in its green transition
Jul 10, 2026 04:57 PM

: Former Transport Ministry Anti-Graft Chief Investigated in New Corruption Probe
Li Jianbo, who once led disciplinary efforts at the ministry and warned colleagues against graft, faces severe violation charges years after his own demotion and retirement
Jul 10, 2026 04:53 PM

: Chinese Driverless Mining Truck Specialist Surges on Hong Kong Debut
Eacon’s stock closes up about 10% on the first day of trading, pushing the company’s market capitalization above HK$14 billion
Jul 10, 2026 03:26 PM

: China’s Gig Worker Healthcare Enrollment Slows Under Weight of High Premiums
Despite a national health coverage rate above 95%, an estimated 60% of the country’s flexible workforce remains outside the comprehensive employee insurance scheme as prohibitive contribution costs force many to opt out or downgrade
Jul 10, 2026 10:53 AM

: Weekly Must-Read: The AI Token Takeover in China
Explosive demand for the foundational unit of AI processing has forced tech giants and startups into a battle over pricing, computing power and the lucrative business market
Jul 10, 2026 10:00 AM

: CX Daily: In Custody Battles, Parental Child Abductions Test China’s Justice System
With divorce on the rise, parents are using new legal tools to reclaim children snatched by estranged spouses
Jul 10, 2026 09:00 AM

: China Floods Leave 39 Dead and Spark Warnings Over Escaped Animals
Floodwaters in Guangxi breached reservoirs, submerged roads and swept through a zoo, while officials cautioned residents about venomous snakes displaced from breeding facilities
Jul 10, 2026 04:47 AM