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

TOP STORIES

: In Depth: In China’s Youth Rehabilitation Industry, Abduction and Abuse Run Rampant
A shadow business of ‘behavior correction’ centers in China charges thousands of yuan to cure burnt-out young people suffering from what their parents consider a lack of ambition. Treatment includes forced confinement and beatings

: China Officials Dismiss Tax Hike Rumors After Tech Selloff
Local tax officials say there is no legal or policy basis for VAT hikes affecting the internet or financial industries

Cover Story: How Gutter Oil Became a Prized Fuel for International Airlines

Used cooking oil, once a food safety liability, is now a strategic asset in the global race to find a cleaner, sustainable aviation fuel

: Prominent Chinese Journalist Liu Hu Detained by Police in Chengdu
Liu Hu, known for exposing official corruption, faces charges of false accusation and illegal business operations following a critical blog post

Aerofugia Raises Nearly $150 Million to Get Flying Taxis Certified

Backed by Geely and state-linked funds, the flying vehicle developer is racing to secure airworthiness approval to get in on China’s low-altitude economy

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Caixin Deep Dive: Chinese Local Governments Risk Replicating Mistakes of LGFVs

Nov 19, 2025 05:38 PM

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LATEST NEWS

: Former Top Provincial Political Adviser Sentenced to Life for 117 Million Yuan Graft
Li Weiwei, formerly chairwoman of the Hunan provincial political consultative committee in Hunan, is the latest senior official jailed as investigators target ‘family corruption’ in the province
Feb 03, 2026 08:53 PM

: Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
The tech giant’s cloud and AI ecosystem has enabled its newly released Zhenwu 810E chip to gain traction, in contrast to peers still struggling to secure stable demand
Feb 03, 2026 07:40 PM

: Chinese Robot Startup LimX Dynamics Raises $200 Million
The embodied intelligence company, which specializes in general-purpose humanoid robots, plans to use the funding to fuel its expansion in China and abroad
Feb 03, 2026 06:39 PM

: China New Economy Gauge Slips on Weaker Capital, Tech Inputs
High value-added industries accounted for 32.7% of total economic inputs in January, a Caixin index shows
Feb 03, 2026 06:17 PM

: China Citic Bank Executive Turns Himself In for Graft Probe
Jiang Yulin, head of the lender’s Shanghai audit center, is under investigation
Feb 03, 2026 05:48 PM

: Analysis: China’s Provinces Set a Pragmatic Floor for 2026 Growth
With a weighted average GDP target of 5.1%, local governments are balancing the need for stability with aggressive moves into AI, green energy and the 'silver economy'
Feb 03, 2026 04:33 PM

: Hong Kong Police Bust ‘Suicide Script’ Scam Ring That Swindled Millions
A sophisticated fraud ring utilized a narrative of tragic suicide and fake bequests to steal more than HK$44 million, highlighting the evolving tactics of digital crime in the deployment of ‘pig-butchering’ schemes
Feb 03, 2026 04:15 PM

: Simandou Faces Uphill Battle Reaching Its Full Production Target, Analyst Says
Port, rail and other infrastructure bottlenecks are holding back Guinea’s flagship iron ore mine from ramping up to full output within 30 months, CRU’s Erik Hedborg says
Feb 03, 2026 03:37 PM

: China Forecasts Record 9.5 Billion Trips During Spring Festival Travel Rush
Passenger traffic is expected to rise 5.3% over the 40-day period, with rail and aviation volumes reaching new peaks
Feb 03, 2026 12:52 PM

: Former Justice Minister Sentenced to Life in Prison for Corruption
Tang Yijun accepted over 137 million yuan in bribes spanning 17 years, leveraging his wife’s business dealings to hide illicit gains
Feb 03, 2026 09:30 AM

: CX Daily: How Gutter Oil Became a Prized Fuel for International Airlines
Used cooking oil, once a food safety liability, is now a strategic asset in the global race to find a cleaner, sustainable aviation fuel
Feb 03, 2026 09:00 AM

: Alibaba Pledges $432 Million in Lunar New Year AI Subsidy War
The tech giant plans to use the investment to promote its chatbot Qwen, outstripping subsidies from Tencent and Baidu
Feb 02, 2026 07:06 PM

: China Insurance Assets Jump 15% in 2025
Life insurance and bancassurance underpin premium growth
Feb 02, 2026 06:48 PM

: Commentary: China’s Economy Hits 5%, but the Map Is Changing
While the nation hit its 5% growth target, a look at the provinces reveals a widening north-south divide, a property-driven investment collapse in the East and a massive pivot toward manufacturing in the central heartland
Feb 02, 2026 06:12 PM

: PAG, State Firm Eye Evergrande’s Property Management Business
The Hong Kong-based private equity firm and Guangdong Provincial Tourism have contacted the collapsed developer’s liquidators over a purchase that is seen as crucial for offshore creditors
Feb 02, 2026 06:06 PM