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

TOP STORIES

: In Depth: ‘Parrot Fever’ Outbreaks Expose Gaps in How China Regulates Pet Sales
As the exotic pet market grows, a rise in cases of Chlamydia psittaci is revealing a system where oversight is fragmented, enforcement is weak, and it’s unclear who is in charge

: In Depth: When AI Spends, Card Networks Scramble to Keep Payments Safe
As autonomous agents begin making payments, card networks are rushing to build new systems to verify identity, intent and liability

In Depth: Deepening Profit Squeeze Strains Chinese Automakers

As strong deliveries no longer translate into earnings, price wars intensify, and the shift to EVs raises costs, automakers are focusing on profitability to survive

: Chinese Courts Rule Companies Cannot Fire Workers Simply to Replace Them With AI
Judges classify AI adoption as a controllable business strategy rather than an unavoidable disruption, shielding employees from automation-driven layoffs

Trip.com Sees $300 Billion Opportunity in Bringing Tourists to China

Online travel giant aims to attract 200 million visitors from abroad over five years with the goal of turning the country into the world’s top tourism destination

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China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning

Apr 24, 2026 06:57 PM

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LATEST NEWS

: Former Shanghai Insurance Exchange Chairman Gets 12 Years for Bribery
Court also fines Ren Chunsheng and orders confiscation of illicit gains after corruption probe began in 2024
Apr 30, 2026 03:46 PM

: Analysis: The Middle East Navigates a New Diplomatic Reality — From Autopilot to Autonomy
As the conflict between regional adversaries drags into its third month, emerging powers are uniting to secure shipping lanes and assert diplomatic autonomy
Apr 30, 2026 03:19 PM

: China Factory Activity Slows
Mixed PMI data underscore uneven recovery
Apr 30, 2026 02:12 PM

: Beijing Prepares New Air Quality Action Plan as Pollution Reduction Plateaus
Authorities plan to expand carbon markets and tighten regulatory oversight on retired green-tech waste like electric vehicle batteries
Apr 30, 2026 12:20 PM

: Former Chinese Drug Regulator Sentenced to 14 Years for Bribery
Chen Shifei, who oversaw China’s drug approvals during the pandemic, took more than $6.8 million in bribes over two decades
Apr 30, 2026 11:43 AM

: China Appoints New Ministers for Agriculture and Emergency Management
The dual cabinet appointments follow unexpected leadership vacuums, installing seasoned regional officials at the helm of two critical ministries
Apr 30, 2026 11:07 AM

: Commentary: Why China’s Private Firms Need Civil Remedies, Not Criminal Charges
Recent legal amendments to align criminal penalties for private and state-sector executives risk turning the police into a weapon for bitter shareholder disputes. Criminal justice must be an absolute last resort if China's private sector is to truly thrive
Apr 30, 2026 10:48 AM

: Top Stories of the Month: Six Things to Know About China’s Fiscal Plan to Reignite the Economy
Policymakers aim to make fiscal policy do more of the heavy lifting to boost sluggish domestic demand, employing a mix of interest subsidies, financing guarantees and risk-compensation tools
Apr 30, 2026 10:00 AM

: CX Daily: Deepening Profit Squeeze Strains Chinese Automakers
China’s automotive industry entered 2026 under mounting strain, as a bruising price war, chronic overcapacity and the high cost of an electric-vehicle (EV) transition left many carmakers selling more cars while making less money — or none at all
Apr 30, 2026 09:00 AM

: Bright Smart Rules Out Mainland Brokerage, Web3 Ventures After Ant Deal
Hong Kong brokerage says it will focus on local clients and compliance as it pursues a tech-driven overhaul under new ownership
Apr 29, 2026 11:59 PM

: China’s Wind Turbine Makers Rebuild Margins as Price Wars Ease
Ming Yang’s profit nearly doubles as rising prices and strong deliveries signal recovery across the sector
Apr 29, 2026 11:35 PM

: Insta360 Profit Falls as R&D Surge Meets Rising DJI Competition
Camera maker’s revenue jumps but margins shrink amid heavy investment and intensifying competition with DJI
Apr 29, 2026 11:13 PM

: China Steel Profits Shrink as Costs Rise and EU Carbon Tariff Bites
Weak demand and higher raw-material prices squeeze margins, while Europe’s CBAM adds fresh pressure on exports
Apr 29, 2026 10:38 PM

: Rolls-Royce Boosts China Sourcing to Ease Global Supply Bottlenecks
British engine maker ramps up procurement and expands Beijing maintenance hub to cut parts shortages and turnaround times
Apr 29, 2026 10:07 PM

: HKEX Shareholders Back KPMG as Auditor, Ousting PwC After Evergrande Fallout
Audit change underscores mounting pressure on PwC Hong Kong following regulatory penalties and client departures
Apr 29, 2026 09:44 PM

: BYD Hikes Price of Driver-Assistance System as Memory Chip Costs Surge
Soaring DRAM costs and rising demand for smart-driving hardware push automakers to pass on expenses despite razor-thin margins
Apr 29, 2026 09:16 PM