INSANE: 23 | Vintage Vibes

Nine Carmakers Given Green Light to Start Advanced Autonomous Driving Tests

Approval given to test Level 3 autonomous driving capabilities in restricted areas of a number of Chinese cities

Caixin Global · Jun 5, 2024

New Funding Flows in for China Startup Rivaling OpenAI’s Sora

Shengshu says the funds will be used to support the development of its multimodal technology

Caixin Global · Jun 5, 2024

Shanghai Composite Index Fell 0.83% on Wednesday

Shenzhen Component Index closed down 0.8%

Caixin Global · Jun 5, 2024

Beijing Dismisses Vice Mayor Investigated for Graft

Gao Peng is the target of graft busters for ‘serious violations of discipline and law’

Caixin Global · May 31, 2024

Suning to Get $66 Million Lifeline From Citic

The struggling retailer plans to use the proceeds from the loan to develop its retail cloud business

Caixin Global · May 31, 2024

Caixin Top Stories of the Month: China Set to Ease Controls on Genetic Resources to Plug Biotech Innovation Gap

The National Health Commission is spearheading the reform, Caixin has learned, in response to complaints that overly tough restrictions are choking innovation, particularly in the biotech and pharmaceutical sectors

Caixin Global · May 31, 2024

Shanghai Composite Index Fell 0.16% on Friday

Shenzhen Component Index closed down 0.22%

Caixin Global · May 31, 2024

Weekly Must-Read: China Tests Whether State Purchases Can Lift Housing Market

Government offers $41.6 billion in financing to help cities buy unsold homes

Caixin Global · May 31, 2024

Tencent Joins the Chatbot Race with Launch of ‘Yuanbao’

Yuanbao allows users to perform tasks such as AI searches, document summarization and the creation of personalized AI entities

Caixin Global · May 30, 2024

Nine Out of Ten Cars Sold in China Will Be NEVs by 2035, Report Says

Global sales expected to pass 70 million by 2035, although concerns raised over slowing momentum

Caixin Global · May 30, 2024