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Caixin Global provides the latest China news headlines on politics, economy, business and finance with insight and in-depth analysis.
- 169articles · 30d
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News
China Defends Export-Fueled Surplus
2+ day, 18+ hour ago (164+ words) Caixin Global China Defends Export-Fueled Surplus China defended its large current-account surplus, saying the funds generated by its export strength are recycled into overseas investments that support industries and financial markets abroad. Li Bin, deputy head of the State Administration…...
Moonshot AI Expands Enterprise Push Through IT Services Partnerships
3+ day, 5+ hour ago (191+ words) Caixin Global Moonshot AI Expands Enterprise Push Through IT Services Partnerships Chinese artificial intelligence startup Moonshot AI, developer of the Kimi model, has launched a partnership program with IT service providers aimed at embedding its technology into corporate clients’ core…...
China Pauses New Battery Projects Pending Capacity Review
3+ day, 5+ hour ago (138+ words) caixinglobal.com China Pauses New Battery Projects Pending Capacity Review China has temporarily suspended construction of new power and energy-storage battery projects pending a year-end review of industry capacity, as authorities intensify efforts to rein in severe overcapacity. The move…...
China Regulators Scrutinize Offshore Debt-Swap Bonds Used by Distressed Developers
3+ day, 2+ hour ago (169+ words) Caixin Global China Regulators Scrutinize Offshore Debt-Swap Bonds Used by Distressed Developers China’s securities regulator has recently returned offshore filing applications from several defaulted property developers seeking to issue mandatory convertible bonds for debt restructuring, requesting supplementary materials, Caixin learned…...
Fresh Bridgewater China Quotas Draw Frenzied Demand From Affluent Investors
3+ day, 2+ hour ago (172+ words) Caixin Global Fresh Bridgewater China Quotas Draw Frenzied Demand From Affluent Investors Wealthy Chinese investors are scrambling to secure allocations in Bridgewater (China) Investment Management Co. Ltd.’s newly launched private fund products, with some distributors requiring clients to buy…...
China Aims to Make Local Exchanges the Top Choice for Quality Companies
3+ day, 11+ hour ago (176+ words) Caixin Global China Aims to Make Local Exchanges the Top Choice for Quality Companies China plans to optimize its stock market rules to make local exchanges the preferred listing destination for high-quality domestic companies, according to a top securities regulator....
Southeast Asia’s Imports of Chinese Clean-Energy Products Reach Record $20 Billion
3+ day, 6+ hour ago (157+ words) caixinglobal.com Southeast Asia’s Imports of Chinese Clean-Energy Products Reach Record $20 Billion Southeast Asian countries bought a record $20 billion of Chinese clean-energy products so far this year, up 50% from a year earlier, as rising power demand in the region coincided…...
Foreign Holdings of China’s Onshore Yuan Assets Top 11 Trillion Yuan
3+ day, 6+ hour ago (177+ words) Caixin Global Foreign Holdings of China’s Onshore Yuan Assets Top 11 Trillion Yuan Foreign holdings of China’s onshore yuan-denominated financial assets have exceeded 11 trillion yuan ($1.6 trillion), as Beijing steps up efforts to expand the currency’s global role. At a Thursday press…...
Mubadala Buys Minority Stake in Luckin Coffee in $1 Billion Deal
3+ day, 7+ hour ago (146+ words) Caixin Global Mubadala Buys Minority Stake in Luckin Coffee in $1 Billion Deal Abu Dhabi sovereign wealth fund Mubadala Investment Co. has acquired a minority stake in Luckin Coffee Inc. through a roughly $1 billion transaction involving the Chinese coffee chain’s controlling…...
Tech Monopolies Could Blunt AI’s Economic Gains, Warns Nobel Laureate Aghion
3+ day, 10+ hour ago (189+ words) Caixin Global Tech Monopolies Could Blunt AI’s Economic Gains, Warns Nobel Laureate Aghion Nobel-winning economist Philippe Aghion said AI could lift annual productivity growth by more than 1 percentage point over the next decade, but warned that its economic gains could…...