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THE TRUTH ABOUT: 48 - Caught on Camera

China Raises Overseas Borrowing Cap to Bolster Weakening Yuan

The country allows financial institutions and nonfinancial businesses to have more cross-border financing, in a move to increase the domestic forex supply

Caixin Global · Jul 20, 2023

Xi Praises Kissinger’s ‘Historic Contribution’ to U.S.-China Ties

The president met the former U.S. Secretary of State in the same villa where the veteran diplomat met then-Premier Zhou Enlai in July 1971

Caixin Global · Jul 20, 2023

Shanghai Composite Index Fell 0.92% on Thursday

Shenzhen Component Index closed down 1.06%

Caixin Global · Jul 20, 2023

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Hainan Airlines Operator Plans Jet Buying Spree

Liaoning Fangda aims to expand the fleet from more than 800 to 1,000 in six years, as it attempts to turn around the former flagship carrier of bankrupt HNA Group

Caixin Global · Jul 19, 2023

Former Top Provincial Lawmaker Gets Life for Taking 1 Billion Yuan in Bribes

Sun Guoxiang, ex-deputy head of the Liaoning legislature’s standing committee, accepted money in exchange for favors that included helping companies obtain bank loans

Caixin Global · Jul 19, 2023

Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed down 0.37%

Caixin Global · Jul 19, 2023

Former Top City Prosecutor Booted From Communist Party on Graft Charges

Zhao Jianwei, based in Dalian, Liaoning province, was found to have faked a divorce, used his positions to benefit his wife’s business, and helped

Caixin Global · Jul 18, 2023

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Shanghai Composite Index Fell 0.37% on Tuesday

Shenzhen Component Index closed down 0.34%

Caixin Global · Jul 18, 2023

Shanghai Composite Index Fell 0.87% on Monday

Shenzhen Component Index closed down 0.63%

Caixin Global · Jul 17, 2023

U.S. and China’s Top Diplomats Meet in Indonesia

Wang Yi, director of the party Central Committee’s foreign affairs office, says meeting with U.S. Secretary of State Antony Blinken was ‘an important step’ toward repairing ties

Caixin Global · Jul 14, 2023

China Plans to Boost Researcher Salaries in Areas Aligned With National Innovation Goals

The world’s second-largest economy is striving for greater self-sufficiency, especially in certain core industries, such as semiconductors, amid growing geopolitical concerns

Caixin Global · Jul 14, 2023

Shanghai State Media Veteran Investigated for Suspected Graft

Cheng Feng, a senior manager of Shanghai United Media Group, is suspected of ‘serious violations of discipline and law’

Caixin Global · Jul 14, 2023

Shanghai Composite Index Ended Nearly Flat on Friday

Shenzhen Component Index closed down 0.14%

Caixin Global · Jul 14, 2023

Weekly Must-Read: China Looks to Saudi Arabia Amid Shifting Sands in U.S. Economic Ties

A recent flurry of political and business exchanges represents Beijing’s highest-level diplomatic engagement with Arab nations since the founding of the People’s Republic of China

Caixin Global · Jul 14, 2023

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Caixin Global · Jul 13, 2023

Beijing Office Vacancy Rate Rises to 13-Year High

Figures show hesitancy among businesses to put up the cash to rent workspaces amid an economic recovery

Caixin Global · Jul 13, 2023

Imax Proposes $124 Million Buyout Plan for China Unit

The transaction, expected to close later this year, will give the Canadian firm greater flexibility to pursue new opportunities and applications of its big screen technology in China

Caixin Global · Jul 13, 2023

Shanghai Composite Index Rose 1.26% on Thursday

Shenzhen Component Index closed up 1.61%

Caixin Global · Jul 12, 2023

Major Chinese Banks Launch Digital Currency Payments That Don’t Need the Internet

The feature works through special SIM cards that allow users of the lenders’ e-CNY wallets to make transactions even when their phones are offline or dead

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Caixin Global · Jul 12, 2023

U.S. Climate Envoy Set to Visit China Next Week

John Kerry’s trip from July 16 to 19 follows high-profile visits by Treasury Secretary Janet Yellen and Secretary of State Antony Blinken

Caixin Global · Jul 12, 2023

Shanghai Composite Index Fell 0.78% on Wednesday

Shenzhen Component Index closed down 0.99%

Caixin Global · Jul 11, 2023

China’s New Office for Hong Kong and Macao Affairs Has Its First Head

Xia Baolong chaired a meeting on Tuesday of the recently created body overseeing the two special administrative regions, according to a government statement

Caixin Global · Jul 11, 2023

Shanghai Composite Index Rose 0.55% on Tuesday

Shenzhen Component Index closed up 0.78%

Caixin Global · Jul 10, 2023

China’s Car Sales Slow as Price War Disrupts Market

Passenger vehicle sales may be slightly up from a year ago, but figures are still lower than the same period in 2021, new industry data shows

Caixin Global · Jul 10, 2023

Editorial: A Shared Understanding of ‘Competition’ and ‘Cooperation’ Will Better Serve China-U.S. Relations

It is crucial for the two countries to mark where both competition and collaboration begin and end to prevent their relationship from spiraling

Caixin Global · Jul 10, 2023

Six Killed in South China Kindergarten Attack

A 25-year-old male suspect has been arrested in connection with the ‘intentional assault’ in Lianjiang, Guangdong province, authorities say

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