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China could completely sever diplomatic ties with Lithuania, experts warn. A Kangmei verdict spurs a wave of independent directors to quit. Shares of Evergrande's electric car unit jump on its fundraising plan. Plus, the country will open its coastal shipping market to international capital for the first time.
An in-person Xi-Biden summit would be better to “work out more problems,” Michael Bloomberg says. Citic Group is likely to become Huarong's biggest shareholder. China discloses a list of fake SOEs. Alibaba slashes its full-year revenue forecast. Plus, CATL loses its bid to buy Canada's Millennial Lithium.
Kissinger calls the Xi-Biden summit a good start for avoiding a conflict. Allianz becomes China's first wholly foreign-owned life insurer. Three foreign Winter Olympic athletes test positive for Covid-19. Plus, another step toward the Boeing 737 Max's return to China's skies.
Huarong gets the green light to sell bonds to raise as much as 70 billion yuan. An exclusive interview with Rajeev Mittal, a Fidelity International executive. Investors disagree on Chinese tech stocks. Both Missfresh and Dingdong suffer widening losses. Plus, Beijing will limit domestic flights from regions with Covid-19 cases.
China offers more details about its next phase in crypto mining crackdown. The country's housing prices continue to drop. China Telecom asks a court to overturn the U.S. ban. Plus, Temasek launches a new investment and advisory vehicle for food startups.
Xi and Biden will hold a virtual summit. APEC economies now share the ambition for broader free trade pacts, Jacinda Ardern says. Shares start trading on the new Beijing Stock Exchange. What big tech wants from its regulators? Plus, travelers into Beijing must present a recent negative test.
Two top world leaders call for actions on climate change. Citadel CEO warns that tighter U.S. monetary policy next year will put pressure on the Chinese economy and global growth. China opens bond market to foreign social and sustainable borrowers. Alibaba's Double 11 sales growth falls to a new low. Plus, the Caixin Summit is underway. Check out our deep dive.
Yuan hits a five-year high as exports surge. The country's October mortgage lending jumps. Chinese regulators take a step toward clearing the use of mRNA vaccines. China and the U.S. pledge to cut methane emissions this decade. Plus, the 12th Caixin Summit will begin today. Check out our deep dive.
China's central bank will improve connectivity between the digital yuan and existing payment apps. A court in Shenzhen approves the country's first personal bankruptcy liquidation. Xiaohongshu is valued at about $18 billion. Plus, the U.S. embassy and consulates resume visa services in China.
China's carbon-reduction lending program has a modest start but great potential, analysts say. The country bans online influencers from recommending stocks through livestreaming. Ant-backed Paytm opens its IPO for subscriptions.
Ant Group reshuffles its consumer lending business. Another executive at China's biggest policy bank is probed. EDward Gaming wins the League of Legends World Championship. Sinopec and Sinochem sign long-term U.S. LNG contracts. Westminster School abandons its plan to set up branches in China. Plus, more about the Communist Party's sixth plenum.
China and the EU formulate a jointly recognized set of standards for defining green projects. Regulators tell city commercial banks to cap their wealth management assets. Muji loses its latest legal case in the country. Plus, Hong Kong could reopen its mainland border in February.
Local Covid-19 outbreaks in the Chinese mainland have spread to 19. The country's top anti-graft agency tackles 36 PBOC-linked cases. Internet companies' market values fall by a record amount. Plus, Zhang Yiming relinquishes his board seat at ByteDance.
China's climate envoy expects a deal on carbon market rules in Glasgow. Yi Gang speaks about protecting personal data from big tech companies. Byton misses payments to workers. Chinese food giants hike prices. Plus, factory gas is transformed into pig food.
A top infectious disease expert defends China's “zero tolerance” policy. Don't read too much into the commerce ministry's statement, sources say. The country's “Big Four” airline companies report heavy losses. Plus, more about this year's Double 11.
China will issue its carbon reduction plans for specific sectors, Xi says. Chinese property companies report rapid contraction in sales and financing. The country's manufacturing activity expands, Caixin data shows. Gree is fined by U.S. regulators. Plus, Shanghai Disneyland temporarily shuts down.
China's top cross-border brokers plummet after a central bank official called them illegal. Three of the country's biggest power producers show a loss. Boeing expects to resume deliveries of its 737 Max jetliners to China in early 2022. Guangdong province plans to offer free HPV vaccines.
Overseas investors in Chinese bonds get four more years of tax breaks. Micro, small and midsize manufacturers are given more time to pay their taxes. Yili tries to buy a 34.33% stake in Ausnutria. Plus, an associate of Hui Ka Yan puts up a luxury house in Hong Kong for loan collateral.
China's regulators step up efforts to ensure property developers to repay their debts on time. Shanghai and Guangdong province vow to clear their implicit government debts. Plus, TSMC says that it will not hand over “confidential client information” to the U.S. government.
Chinese policymakers are working to restore confidence in the property market. Walmart denies pressuring its Chinese suppliers into forced exclusivity. Xpeng unveils plans for its $150,000 flying car. Plus, more about China's economy.
China issues the roadmap for carbon neutrality by 2060. The country asks local governments to speed up borrowing via special purpose bonds. Joseph Lau absorbs losses on Kaisa Bonds. Plus, Beijing imposes entry restrictions on travelers from targeted regions with confirmed Covid-19 cases.
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