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Caixin Global
@caixinglobal.bsky.social
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Award-winning journalism from China's most respected newsroom. App: http://caixinglobal.com/app/
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caixinglobal.bsky.social
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...
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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June 19, 2025 at 9:10 AM
caixinglobal.bsky.social
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...
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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June 19, 2025 at 7:46 AM
caixinglobal.bsky.social
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...
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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June 18, 2025 at 9:56 AM
caixinglobal.bsky.social
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...
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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June 13, 2025 at 6:43 AM
caixinglobal.bsky.social
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...
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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June 12, 2025 at 9:03 AM
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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...
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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June 11, 2025 at 6:51 AM
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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...
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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June 6, 2025 at 6:29 AM
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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...
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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June 5, 2025 at 7:32 AM
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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...
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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June 5, 2025 at 3:13 AM
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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...
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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June 4, 2025 at 9:34 AM
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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...
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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June 3, 2025 at 6:43 AM
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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...
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
May 29, 2025 at 7:01 AM
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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...
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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May 28, 2025 at 7:01 AM
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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...
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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May 26, 2025 at 9:51 AM
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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...
Huawei Unveils HarmonyOS PCs in Challenge to Windows–MacOS Duopoly
The new products arrive as access to U.S. technology tightens
www.caixinglobal.com
May 20, 2025 at 8:51 AM
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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...
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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May 19, 2025 at 9:14 AM
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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...
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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May 19, 2025 at 6:27 AM
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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...
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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May 19, 2025 at 3:32 AM
caixinglobal.bsky.social
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...
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
May 16, 2025 at 7:24 AM
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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...
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
www.caixinglobal.com
May 15, 2025 at 10:25 AM
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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...
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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May 15, 2025 at 6:35 AM
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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...
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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May 15, 2025 at 4:19 AM
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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...
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
www.caixinglobal.com
May 14, 2025 at 3:58 AM
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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...
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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May 13, 2025 at 9:31 AM
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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...
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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May 13, 2025 at 8:16 AM