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 Tightens Rules for Freewheeling Drone Hobbyists
New regulation could help lay the groundwork for the low-altitude economy, which the central government has named as an emerging pillar industry

: China’s Factory Activity Returns to Expansion in March Amid Surging Costs
Manufacturing and services gauges both rose back above the 50-point expansion threshold, driven by post-holiday demand, though soaring commodity prices squeezed businesses

In Depth: How the Iran War Set Off a Global Scramble for Strategic Metals

The conflict has sent prices of ‘war metals’ like nickel and cobalt soaring, accelerating a global race to control the minerals critical for making everything from missiles to AI

: China Expands Cross-Border Tax Push to Offshore Trusts
Local tax bureaus are asking wealthy individuals to disclose trust dividends and investment gains, using cross-border data to narrow a long-standing enforcement gray zone

China Tightens Grip on Consumer Lending Platforms to Force Down Interest Rates

Financial regulators are drafting unified pricing guidelines to cap borrowing costs at 12%, pushing tech giants like Ant Group and Tencent to stress-test their massive credit portfolios

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Mar 19, 2026 06:38 PM

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LATEST NEWS

: Vanke 2025 Net Loss Widens 79% to $13 Billion on Massive Impairments
The embattled developer is scrambling for long-term debt solutions as off-balance-sheet investments and plummeting property sales drain its cash reserves
Apr 02, 2026 12:25 AM

: Baidu’s Apollo Go Robotaxis Suffer Mass Malfunction on Wuhan Roads
A sudden system failure left multiple autonomous vehicles stranded across the central Chinese city, raising new safety questions as Baidu scales up its unmanned fleet
Apr 02, 2026 12:01 AM

: South Korea Eases Entry Rules for Chinese Visitors
South Korea extends multiple-entry visa validity for Chinese citizens, cementing its status as the top overseas destination for Chinese tourists
Apr 01, 2026 11:20 PM

: Former State Grid Chief Sentenced to Death With Reprieve for $22 Million Bribery
Kou Wei, who briefly led the world’s largest utility company, was convicted of taking bribes, siphoning state funds, and abusing his power over a career spanning nearly three decades
Apr 01, 2026 10:28 PM

: Fosun Posts $3.4 Billion Loss on Property, Asset Write-Downs
The massive write-downs drove Fosun’s liability-to-asset ratio to a 10-year high, prompting the conglomerate to accelerate asset divestments and debt reduction
Apr 01, 2026 10:06 PM

: TCL Tech to Buy Back Panel Unit Stake for $1.3 Billion
Deal highlights common China financing model as manufacturers repurchase government-backed equity after projects mature
Apr 01, 2026 09:17 PM

: China Sweeps Cultural Heritage Sector in Widening Anti-Graft Crackdown
The National Cultural Heritage Administration is ordering a yearlong inventory of antiquities after an insider-trading scandal at the Nanjing Museum exposed a booming black market
Apr 01, 2026 08:55 PM

: China’s Pork Prices Plunge to Eight-Year Low Amid Severe Glut
Wholesale prices have dropped to levels not seen since 2018, pushing authorities to mandate aggressive herd reductions and launch state stockpiling
Apr 01, 2026 08:11 PM

: Chinese Brokerages Post Best Earnings Since 2015
China’s 150 brokerages saw combined net profit surge 46% to 219.4 billion yuan in 2025, driven by surging market turnover and lucrative proprietary trading
Apr 01, 2026 07:50 PM

: U.K. Moves to Seize $108 Million in London Property From Chinese Fugitive
Su Jiangbo, sought by Chinese police for allegedly operating a massive cross-border gambling network, used shell companies to amass a sprawling real estate portfolio in London
Apr 01, 2026 07:30 PM

: Analysis: BASF’s Bet on China Could Pay Off as Gulf Crisis Reshapes Global Chemical Market
The German giant’s $10 billion Zhanjiang complex underscores a shift toward Asian growth markets as the war strains global supply chains and erode Europe’s competitiveness
Apr 01, 2026 07:11 PM

: Tech Brief (April 1): Huawei’s Revenue Growth Slows in 2025
U.S. chipmaker Onsemi increases investment in China, Chinese satellite startup GalaxySpace kicks off IPO
Apr 01, 2026 06:29 PM

: CAS Space Seeks IPO as China’s Reusable Rocket Race Heats Up
The rocket-maker plans to raise $607 million in Shanghai as private aerospace firms compete to develop launch vehicles to meet booming satellite demand
Apr 01, 2026 05:52 PM

: Chinese Airlines to Hike Fuel Surcharges as Iran War Fallout Hits Home
Carriers will raise domestic fees by 500% from April 5 as Middle East tensions push jet fuel prices higher, adding pressure to an industry still in the red
Apr 01, 2026 04:53 PM

: Hong Kong Sentences 13 Parents to Prison in Kindergarten Bribery Case
A Hong Kong court handed down prison sentences of up to 14 months to 13 parents and a middleman for bribing an English Schools Foundation kindergarten administrator to bypass admission waitlists
Apr 01, 2026 01:23 PM

: China’s Economy Better Insulated Than U.S. Against Oil Shock, Goldman Sachs Says
A diversified energy mix and robust stockpiles provide Beijing with a buffer against supply disruptions in the Strait of Hormuz, while the U.S. and other nations face steeper growth downgrades
Apr 01, 2026 12:28 PM