The Latest Breaking News from Caixin Global

The unit will be the second wholly foreign-owned company operating in a market that generated a turnover of $80 trillion last year

Ex-deputy director of Northwest China’s Shaanxi province Li Jinzhu has been placed under investigation by the country’s top graft watchdog

Shenzhen Component Index closed up 0.44%

Chinese people from mainland and Hong Kong ‘should understand and tolerate each other,’ Executive Council Convenor Regina Ip says in social media post

A court in Southwest China ruled that New China Trust’s assets weren’t able to cover all of its liabilities

The Sinocelltech-developed jab against the alpha, beta, delta and omicron variants is being offered in Beijing and several other cities

The country also aims to master short-term habitation and human-machine exploration on the lunar surface by the same date, China Manned Space Engineering Office says

Shenzhen Component Index closed down 0.8%

The move comes amid belt tightening due to shifting market demand in the electric vehicle market

Projects will be able to skip lengthy approval process as authorities substitute a simpler registration system to spur renewable energy

Wang Wentao expressed concerns about U.S. semiconductor policy and export controls, while his American counterpart Gina Raimondo flagged China’s recent actions against U.S. companies operating in the country