CX DAILY

CX Daily: How the Gree Windfall Got Squandered

Published: May. 20, 2026 9:00 a.m. GMT+8

00:00

00:00/00:00

Listen to this article 1x

TOP STORIES

In Depth: How the Gree Windfall Got Squandered

A widening corruption probe in the southern Chinese manufacturing city of Zhuhai is casting new scrutiny on how local officials and state-owned companies deployed billions of yuan after selling control of one of China’s most valuable home-appliance makers.

FINANCE & ECONOMY

Analysis: Chinese Savers Move Beyond Bank Deposits as Rates Fall

Register to read this article for free.

Register

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Save an extra $50. Introductory offer for new readers. Subscribe now.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Huaiyang Cuisine Takes Center Stage at Trump Banquet

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

Darers & Doers Podcast: Making Solar Power Work Smarter

00:00

00:00/00:00

MOST POPULAR

1: Covid-19 Infections Surge Across China as Virus Reclaims Dominance

2: Analysis: China Likely to Forgo Major Stimulus as Growth Target Remains in Reach

3: In Depth: Thai Buddhist Amulets Draw China’s Anxious Youth — and Laundering Networks

4: DeepSeek Releases Official V4-Flash Model as China’s AI Race Intensifies

5: Exclusive: Over 310 Accounts Unmasked in U.S. Insider Trading Suit Linked to Chinese Brokerages

SPONSORED

OR