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Caixin Global

@caixinglobal.bsky.social
243 followers 9 following 247 posts

Award-winning journalism from China's most respected newsroom. App: caixinglobal.com/app

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Caixin Global @caixinglobal.bsky.social · 19/06/2025
In Depth: The U.S. SEC is weighing stricter rules for foreign private issuers, a move that could impact many U.S.-listed Chinese firms and further test deteriorating bilateral relations. www.caixinglobal.com/2025-06-18/i...
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In Depth: Chinese Companies’ Route to Wall Street Faces SEC Scrutiny
The U.S. stock regulator wants to change the criteria for foreign private issuer status, which has given overseas companies exemptions from stricter disclosure requirements
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Caixin Global @caixinglobal.bsky.social · 19/06/2025
In Depth: Whether you think it’s creepy or cute, Labubu has been a runaway success. Here’s how Chinese trendy toy retailer Pop Mart turned the fleecy, grinning elf dolls into the must-have toy of the year. www.caixinglobal.com/2025-06-18/i...
caixinglobal.com
In Depth: How Labubu Became a Monster of a Business
Chinese retailer Pop Mart’s success with the creepy-cute elves offers a case study in how to turn a little-known character into the must-have toy of the year
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Caixin Global @caixinglobal.bsky.social · 18/06/2025
Japan’s leading business group has called on China to streamline its rare earth export procedures as delays in license approvals has forced Suzuki to halt production a factory and more disruption is feared. www.caixinglobal.com/2025-06-18/j...
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Japan’s Business Leaders Call on China to Streamline Rare Earth Export Rules as Delays Hit Supply Chains
Calls for reform as shortage of rare earth materials forces closure of Suzuki auto factory
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Caixin Global @caixinglobal.bsky.social · 13/06/2025
An Air India Boeing 787-8 passenger jet carrying 242 people bound for London crashed less than a minute after taking off from the western Indian state of Gujarat. Only one person survived what was the first fatal crash of a Boeing Dreamliner. www.caixinglobal.com/2025-06-13/a...
caixinglobal.com
Air India Boeing Crash Kills Hundreds, Leaves Sole Survivor
787 Dreamliner crashed in residential area shortly after takeoff, investigators to probe cause
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Caixin Global @caixinglobal.bsky.social · 12/06/2025
China's economic growth has held steady, but tax revenue is falling. Why? A mix of falling prices, value-added tax refunds, industrial shifts, and tax incentives are reshaping fiscal dynamics, driving a GDP-tax revenue disconnect. www.caixinglobal.com/2025-06-11/i...
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In Depth: Why China Is Taking In Less Tax as GDP Growth Stays Steady
Falling producer prices, economic restructuring and an array of tax breaks have all played a part in the ongoing decline in national tax revenue
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Caixin Global @caixinglobal.bsky.social · 11/06/2025
Chinese and American negotiators have struck a handshake deal on a framework to implement the Geneva trade agreement following two days of talks in London this week, China’s top trade negotiator said. www.caixinglobal.com/2025-06-11/c...
caixinglobal.com
China, U.S. Strike Deal to Cement Trade Truce
Negotiators in London agree to build on the agreement reached in Geneva last month that ratcheted down tensions between the world’s two largest economies
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Caixin Global @caixinglobal.bsky.social · 06/06/2025
Citigroup is to cut 3,500 technology jobs in China, a move that has drawn attention to the retreat of foreign financial institutions. Citi emphasized it would continue to invest in its China business. www.caixinglobal.com/2025-06-06/c...
caixinglobal.com
Citigroup to Cut 3,500 Tech Jobs in China as Foreign Financial Firms Streamline Operations
Citi emphasized it will continue to invest in its China business to support local and multinational clients
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Caixin Global @caixinglobal.bsky.social · 05/06/2025
Beijing’s judicial system has been rocked after an assistant judge vanished with at least $18 million of enforcement funds. He is believed to have obtained Greek citizenship and funneled the funds abroad www.caixinglobal.com/2025-06-05/j...
caixinglobal.com
Junior Judge Disappears With Millions in Beijing Court Scandal
Sources say Bai Bin obtained Greek citizenship and funneled the funds abroad
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Caixin Global @caixinglobal.bsky.social · 05/06/2025
Growth in China’s services sector accelerated in May, with demand and business confidence improving. But foreign demand contracted for the first time this year amid continued trade uncertainties, a Caixin PMI survey showed. www.caixinglobal.com/2025-06-05/c...
caixinglobal.com
China Services Growth Accelerates on Domestic Demand Uptick, Caixin PMI Shows
The index came in at 51.1 in May, boosted also by stronger business confidence
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Caixin Global @caixinglobal.bsky.social · 04/06/2025
In Depth: China’s humanoid robotics niche has repeatedly made headlines, with stunts like robots running a marathon in Beijing. But investors are growing cautious, demanding to see what commercial reality lies behind the hype. www.caixinglobal.com/2025-06-03/i...
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In Depth: Investors Warn Developing Humanoid Robots Will Be a Marathon, Not a Sprint
Most companies don’t yet have a viable business model, and widespread adoption is likely years away, observers say
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Caixin Global @caixinglobal.bsky.social · 03/06/2025
China’s manufacturing shrank in May at the fastest pace since September 2022, with overseas demand falling at an even quicker clip, a Caixin #PMI survey showed. www.caixinglobal.com/2025-06-03/p...
caixinglobal.com
Plunge in Overseas Demand Hits China Manufacturing, Caixin PMI Shows
The index fell to 48.3 in May, marking the biggest slowdown since September 2022
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Caixin Global @caixinglobal.bsky.social · 29/05/2025
May 29 CX Daily: - Foreign carmakers tap local expertise to regain China market share - European firms in China are more downbeat than ever, a new survey shows - China’s central bank is dialing back efforts to support the yuan www.caixinglobal.com/2025-05-29/c...
caixinglobal.com
CX Daily: Foreign Carmakers Tap Local Expertise to Regain China Market Share
European firms in China are more downbeat than ever, a new survey shows. China’s central bank is dialing back efforts to support the yuan.
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Caixin Global @caixinglobal.bsky.social · 28/05/2025
China is set to implement a national digital ID system in July that aims to improve public security management, protect personal data and support the digital economy. Experts, however, warn of privacy risks. www.caixinglobal.com/2025-05-27/c...
caixinglobal.com
China Stresses Soon-to-Launch National Digital ID Will Be Voluntary
Experts cautioned the system could become mandatory in practice, posing a risk to privacy, if required by government departments and key industries
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Caixin Global @caixinglobal.bsky.social · 26/05/2025
Cover Story: Reshoring U.S. manufacturing under Trump faces major hurdles. Shifting tariffs and retreat from Biden-era subsidies, combine with skilled labor shortages to complicate goals for semiconductor, pharma and auto industries. www.caixinglobal.com/2025-05-26/c...
caixinglobal.com
Cover Story: Trump’s Industrial Revival Plan Faces Hurdles, Including His Policies
Shifting tariffs and retreat from Biden-era CHIPS subsidies complicate strategy
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Caixin Global @caixinglobal.bsky.social · 20/05/2025
Huawei enters the PC market with machines powered by its own chips and HarmonyOS operating system, challenging the dominance of Microsoft, Intel and Apple. The new PCs, which start at 7,999 yuan ($1,109), come as access to U.S. technology tightens. www.caixinglobal.com/2025-05-20/h...
caixinglobal.com
Huawei Unveils HarmonyOS PCs in Challenge to Windows–MacOS Duopoly
The new products arrive as access to U.S. technology tightens
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Caixin Global @caixinglobal.bsky.social · 19/05/2025
Lei Jun, Xiaomi CEO, has broken his silence after the fatal SU7 accident in which three people died in March, pledging to make Xiaomi’s cars the safest on the road. He was addressing staff in an internal video. www.caixinglobal.com/2025-05-17/x...
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Xiaomi CEO Breaks Silence After Fatal SU7 Crash, Pledging to Make Safety a Top Priority
Xiaomi has yet to release any technical explanation for the SU7 accident in which three people died
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Caixin Global @caixinglobal.bsky.social · 19/05/2025
Hong Kong has bid a “living farewell” to David Webb, the fearless advocate who challenged the city’s tycoons and unveiled the “Enigma Network.” His battle with terminal cancer is set to mark the end of an era of market transparency. www.caixinglobal.com/2025-05-17/w...
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Weekend Long Read: Hong Kong Bids Farewell to Legendary Investor and Transparency Advocate
Independent investor and corporate governance advocate David Webb, now suffering from terminal cancer, has spent much of his life exposing hidden networks and fighting for minority shareholders in Asi...
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Caixin Global @caixinglobal.bsky.social · 19/05/2025
The 90-day suspension of reciprocal tariffs between the U.S. and China was welcomed by the markets, but experts warn the path to a comprehensive resolution is unclear, while global trade has changed forever. www.caixinglobal.com/2025-05-19/c...
caixinglobal.com
Cover Story: U.S.-China Call a Truce, But Global Trade Has Changed Forever
90-day U.S.-China tariff suspension is met with relief, ‘but this is not a return to normal’
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Caixin Global @caixinglobal.bsky.social · 16/05/2025
May 16 CX Daily: - China’s public hospitals face debt crisis amid health care reforms - China expands the number of nationalities that can visit visa-free - The country’s car exports to Russia are reversing sharply www.caixinglobal.com/2025-05-16/c...
caixinglobal.com
CX Daily: China’s Public Hospitals Face Debt Crisis Amid Health Care Reforms
China expands the number of nationalities that can visit visa-free. The country’s car exports to Russia are reversing sharply.
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Caixin Global @caixinglobal.bsky.social · 15/05/2025
China is turbocharging trade credit insurance to shield exporters from U.S. tariff shocks — even as talks with Washington have eased tensions. With risks still high, Beijing’s message is clear: support for exporters is here to stay. www.caixinglobal.com/2025-05-14/i...
caixinglobal.com
In Depth: China’s Exporters Get More Help to Withstand Trump’s Trade War
Regulators are expanding two credit insurance programs to shield businesses from the onslaught and help them shift sales to the domestic market
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Caixin Global @caixinglobal.bsky.social · 15/05/2025
Zhao Weiguo, ex-chairman of once high-flying chipmaking conglomerate Tsinghua Unigroup, has been given a suspended death sentence after being convicted of corruption and embezzlement. www.caixinglobal.com/2025-05-15/c...
caixinglobal.com
China Sentences Former Chip Magnate to Death With Reprieve for Corruption
Zhao Weiguo found guilty of colluding to embezzle $65 million over three years, court says
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Caixin Global @caixinglobal.bsky.social · 15/05/2025
The U.S. government is attempting to limit the use of Huawei’s advanced computing chips worldwide, introducing a new restriction as part of a years-long effort to curb the Chinese tech giant’s ambitions. www.caixinglobal.com/2025-05-14/u...
caixinglobal.com
U.S. Blocks Use of Huawei’s Most Advanced Chips
The Chinese tech giant’s Ascend series, which can power AI models, were likely developed or produced in violation of U.S. export controls, the commerce department says
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Caixin Global @caixinglobal.bsky.social · 14/05/2025
CATL is teaming up with Changan Mazda to co-develop electric vehicles using the battery maker's integrated skateboard chassis. The partnership marks CATL’s first such deal with a foreign auto brand. www.caixinglobal.com/2025-05-14/c...
caixinglobal.com
CATL Partners With Changan Mazda in Breakthrough EV Chassis Tie-up
CATL’s says its integrated skateboard chassis will reduce development time and costs for automakers
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Caixin Global @caixinglobal.bsky.social · 13/05/2025
Hong Kong is in the grip of another Covid flareup that's hitting children especially hard. Experts are urging people get vaccinated to protect themselves from new variants spreading through the city. www.caixinglobal.com/2025-05-13/n...
caixinglobal.com
New Covid Wave in Hong Kong Is Causing Severe Infections in Children
Health officials have reported a sharp increase in severe pediatric cases as the city enters a peak infection period, highlighting risks for the unvaccinated despite the public's perception that the v...
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Caixin Global @caixinglobal.bsky.social · 13/05/2025
China and the EU could work on the green transition together in other countries, as the current political landscape is making it hard for them to work together on each other’s home turf, says AIIB chief economist Erik Berglöf. www.caixinglobal.com/2025-05-12/c...
caixinglobal.com
China, EU Could Keep Clean Tech Partnership Alive in Other Countries, Economist Says
This cooperation would likely unlock unprecedented financing for developing nations, AIIB’s Erik Berglöf says
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Caixin Global @caixinglobal.bsky.social · 12/05/2025
China and the U.S. agreed to suspend most of the punitive goods tariffs they had imposed on each other for 90 days, while they continue negotiations to resolve bilateral economic and trade disputes. www.caixinglobal.com/2025-05-12/c...
caixinglobal.com
China, U.S. Cool Trade Row With Temporary Cut in Tariffs
The agreement was announced after the two sides held trade talks in Geneva, Switzerland, after weeks of tit-for-tat tariff hikes that had roiled global markets since early April
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Caixin Global @caixinglobal.bsky.social · 12/05/2025
China’s decade-long reform of the Gaokao was meant to ease the pressure on pupils sitting a high-stakes exam that will shape their future, while encouraging a more balanced education. But has it worked? www.caixinglobal.com/2025-05-12/c...
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Cover Story: China’s Decade-Long Quest to Ease the Pressure on Pupils From an Exam That Shapes Their Life
Reform of the Gaokao was meant to ease the burden on pupils and provide a more holistic education. But has it worked?
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Caixin Global @caixinglobal.bsky.social · 09/05/2025
The curious rise, and predicted fall, of DHgate in a U.S. download ranking illustrates just how much Chinese cross-border e-commerce platforms had come to depend on a now-closed loophole in American tariff policy. www.caixinglobal.com/2025-05-08/c...
caixinglobal.com
Chinese E-Commerce App DHgate Tumbles From Top of U.S. Download Ranking
The wholesale marketplace app falls to 29th place on Apple’s U.S. App Store after Washington closes crucial tariff loophole
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Caixin Global @caixinglobal.bsky.social · 07/05/2025
China and the U.S. on Wednesday announced they will hold trade talks in Switzerland this week, after weeks of tit-for-tat tariff hikes between the world’s two largest economies that rocked the global market. www.caixinglobal.com/2025-05-07/c...
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China, U.S. to Hold Trade Talks in Switzerland This Week
Beijing demands that Washington should demonstrate sincerity, rectify its erroneous practices and meet China halfway in negotiations
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Caixin Global @caixinglobal.bsky.social · 07/05/2025
China’s central bank has announced a broad monetary easing package as part of its intensified efforts to boost domestic demand, as the China-U.S. tariff row is set to weigh on economic growth. www.caixinglobal.com/2025-05-07/p...
caixinglobal.com
PBOC Unveils Monetary Support to Stem U.S. Tariff Impact
Measures include injecting about 1 trillion yuan in long-term liquidity into the financial system and cutting its key policy interest rate by 10 basis points
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Caixin Global @caixinglobal.bsky.social · 06/05/2025
In Depth: Fierce bidding wars for prime urban land are re-emerging across Chinese cities as developers snap up modest-sized plots in prime areas for upmarket housing. But is this property market rebound sustainable? www.caixinglobal.com/2025-04-30/i...
caixinglobal.com
In Depth: Record Land Prices Return as Developers Bet on Prime Plots
Bidding wars for small plots in coveted areas are fueling a resurgence of ‘Land King’ deals, a sign of recovery for China’s struggling property market
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Caixin Global @caixinglobal.bsky.social · 06/05/2025
Activity in China’s services sector saw a muted expansion in April, with demand growth slowing and optimism weakening as the impact of the intensified China-U.S. trade war began to be felt, a Caixin #PMI shows. www.caixinglobal.com/2025-05-06/t...
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Tariffs Smother China’s Services Sector Expansion, Caixin PMI Shows
As levies dent demand and optimism, growth in total new orders falls to a 28-month low in April
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Caixin Global @caixinglobal.bsky.social · 06/05/2025
China’s National Health Commission began Thursday investigating a sex scandal at one of Beijing’s most prestigious hospitals that has sparked questions about the fairness and standards of an atypical pilot medical degree program. www.caixinglobal.com/2025-05-01/b...
caixinglobal.com
Beijing Hospital Scandal Sparks Debate About Pilot Medical Degree Program
The so-called ‘4+4’ education model has drawn criticism for bypassing standardized graduate school tests like the MCAT and raised questions about the competence of its graduates
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Caixin Global @caixinglobal.bsky.social · 30/04/2025
China's manufacturing activity slowed in April, with foreign demand declining at the quickest pace since July 2023 as the China-U.S. trade row intensified, a Caixin #PMI survey showed. www.caixinglobal.com/2025-04-30/c...
caixinglobal.com
China Manufacturing Downshifts as Tariffs Bite, Caixin PMI Shows
The index tracking the factory sector fell to 50.4 in April as foreign demand declined at the quickest pace since July 2023
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Caixin Global @caixinglobal.bsky.social · 25/04/2025
China’s low-altitude economy needs a new breed of battery to fuel its fleets of flying cars. The race is now on among battery makers to come up with power packs capable of vertical take-offs and landings. www.caixinglobal.com/2025-04-25/r...
caixinglobal.com
Race Is on to Design a New Breed of Battery to Power China’s Fleet of Flying Cars
China’s eVTOL fleet needs more powerful batteries if the low-altitude economy is to take off
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Caixin Global @caixinglobal.bsky.social · 25/04/2025
📢 Last call! Join us tonight for our exclusive subscriber webinar: Global Trade in Pieces: How Economies and Businesses Survive www.caixinglobal.com/2025-04-21/c... With global trade under pressure and supply chains in flux, now’s the time to understand what’s next — and how to prepare.
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Caixin Global @caixinglobal.bsky.social · 25/04/2025
Apr. 25 CX Daily: - Global buyers flock to China’s biggest trade fair - Temu and Shein raise prices for U.S. shoppers - The São Paulo mayor talks with Caixin www.caixinglobal.com/2025-04-25/c...
caixinglobal.com
CX Daily: China’s Pet Boom Bites Back
Global buyers flock to China’s biggest trade fair. Temu and Shein raise prices for U.S. shoppers. Plus, the São Paulo mayor talks with Caixin.
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Caixin Global @caixinglobal.bsky.social · 24/04/2025
A wave of viral videos claiming Chinese factories can supply customers with branded luxury goods — from handbags to apparel — at a fraction of their retail prices has ignited debate over the authenticity of these claims. www.caixinglobal.com/2025-04-23/v...
caixinglobal.com
Viral Videos Promising Dirt-Cheap Luxury Goods Spark Doubts
Genuine suppliers probably wouldn’t throw away lucrative deals with brands to chase retail customers, industry players say
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Caixin Global @caixinglobal.bsky.social · 23/04/2025
China’s commerce ministry has released a plan to expand a pilot program to further open its service industries across 15 provincial regions, aimed at liberalizing sectors from telecom to health care and finance. www.caixinglobal.com/2025-04-22/c...
caixinglobal.com
China Expands Pilot to Liberalize Service Sector Amid Trade Tensions
New measures will apply to industries including telecom, health care, finance, transportation, commerce and tourism in 15 regions
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Caixin Global @caixinglobal.bsky.social · 23/04/2025
Apr. 23 CX Daily: - How China can counter Trump’s tariffs - Beijing expresses condolences over the death of Pope Francis - China expands a pilot to liberalize its service sector www.caixinglobal.com/2025-04-23/c...
caixinglobal.com
CX Daily: How China Can Counter Trump’s Tariffs
Beijing expresses condolences over the death of Pope Francis. China expands a pilot to liberalize its service sector.
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Caixin Global @caixinglobal.bsky.social · 23/04/2025
Analysis: Although China’s first-quarter GDP grew 5.4%, tax revenue fell 3.5%. What accounts for the divergence? www.caixinglobal.com/2025-04-22/a...
caixinglobal.com
Analysis: Why China’s Tax Revenue Is Falling Even as GDP Jumps
The 3.5% drop in revenue can be attributed to factors including falling prices and tax cuts, but a source says that a jump in VAT refunds also plays a role
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Caixin Global @caixinglobal.bsky.social · 22/04/2025
Robots made history at Beijing’s Yizhuang half-marathon, running beside humans for the first time. But when code meets chaos… not everything goes as planned. www.caixinglobal.com/2025-04-22/b...
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Caixin Global @caixinglobal.bsky.social · 22/04/2025
Analysis: China could see nearly 6.9 million jobs affected as a result of Trump’s “reciprocal tariffs.” But the government has options to mitigate the impact. www.caixinglobal.com/2025-04-21/a...
caixinglobal.com
Analysis: How China Can Cushion Jobs Blow From Trump’s Trade War
Policies should include a subsidy program to boost demand for services, which will deliver a far greater bang for its buck than the consumer-goods trade-in program
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Caixin Global @caixinglobal.bsky.social · 21/04/2025
The latest wave of U.S. tariffs has shattered the global trade system, sending shockwaves through supply chains worldwide. What does this mean for us all? Join us for an exclusive subscriber webinar: Global Trade in Pieces: How Economies and Businesses Survive www.caixinglobal.com/2025-04-21/c...
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China Chat: Global Trade in Pieces: How Economies and Businesses Survive
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Caixin Global @caixinglobal.bsky.social · 21/04/2025
U.S. tariffs are testing China’s medtech industry. While some parts of the domestic market will be relatively unscathed, specialized areas dependent on U.S. imports will feel the bite. www.caixinglobal.com/2025-04-18/p...
caixinglobal.com
Parts of China’s Medtech Industry Will Weather Trump’s Tariffs Better Than Others
Hospitals remain dependent on U.S. imports for devices used in neurological intervention procedures, but less so for equipment like MRI machines
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Caixin Global @caixinglobal.bsky.social · 21/04/2025
Cover story: China is fast-tracking a new law to boost its vital private sector. Will legal promises of fair play and property protection be enough to restore confidence? www.caixinglobal.com/2025-04-21/c...
caixinglobal.com
Cover Story: China Writes a First Legal Rulebook to Strengthen Its Vital Private Sector
China fast-tracks landmark law to iron out obstacles to growth of private businesses
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Caixin Global @caixinglobal.bsky.social · 18/04/2025
In Depth: As Chinese banks face slowing profits and rising nonperforming loans at home, their overseas expansion offers new opportunities, including international mergers and supporting globalizing businesses. www.caixinglobal.com/2025-04-16/i...
caixinglobal.com
In Depth: Chinese Banks Chase Opportunities Overseas Amid Struggles at Home
Lenders see promise in M&A and cross-border financial services as their domestic business has been battered by falling interest rates and threatened by souring retail loans
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Caixin Global @caixinglobal.bsky.social · 18/04/2025
Nvidia’s CEO, Jensen Huang held talks with Ren Hongbin, head of China’s trade promotion agency, in Beijing on Thursday, to reaffirm the company's commitment to China despite increasing U.S. export restrictions on AI chips, imposed by Donald Trump. www.caixinglobal.com/2025-04-18/n...
caixinglobal.com
Nvidia Chief Holds Rare Meeting with Chinese Official to Reaffirm Commitment to Collaboration
China remains a key market for Nvidia, says CEO, despite U.S. restrictions on H20 chip exports
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Caixin Global @caixinglobal.bsky.social · 17/04/2025
Chinese tech firms are rapidly expanding into the booming global market for smart lawn-mowing robots — especially in Europe — driven by rising demand for intelligent, eco-friendly gardening tools and advances in boundary-free navigation technology. www.caixinglobal.com/2025-04-17/e...
caixinglobal.com
Exports Boom for China’s Smart Lawn-Mowing Robots, a Cut Above the Rest
Boundary-free navigation gives China’s lawn-mowing robots the edge in growing global market
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Caixin Global @caixinglobal.bsky.social · 17/04/2025
Apr. 17 CX Daily: - Chinese banks chase opportunities overseas - DHgate sees surge in U.S. downloads - L'Oréal plans major job cuts in China www.caixinglobal.com/2025-04-17/c...
caixinglobal.com
CX Daily: China’s First-Quarter GDP Jumps 5.4% Ahead of Tariff Storm
DHgate sees surge in U.S. downloads. L'Oréal plans major job cuts in China.
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