The Latest Breaking News from Caixin Global

Couriers heading home ahead of the Lunar New Year holiday and a backlog of Double 12 deliveries are also slowing logistics

‘Avatar: The Way of Water,’ the follow-up to the American sci-fi blockbuster, raked in $65 million after four days, as people headed back to theaters following the relaxation of Covid restrictions

Shenzhen Component Index closed down 1.58%

Xiao Yaqing, accused of bribery, is demoted and sent into retirement after admitting wrongdoing and giving up all illegal income

Providing medical care for infections is a major undertaking that demands proactive cooperation and systematic top-down deployment

Wu Zunyou, chief epidemiologist at the China CDC, predicts the first wave will run until mid-January, while subsequent ones will result from traveling for the Lunar New Year

Ainiwaer Siyiti, who is also the deputy secretary of the agency’s party committee, is suspected of ‘serious violations of discipline and law,’ a euphemism for corruption

Shenzhen Component Index closed down 1.51%

Stabilizing growth is the top priority, with measures to boost the real estate sector and a supportive tone for non-SOEs, foreign investors and online platforms

Tourists can see the city while floating down the Suzhou Creek, after two sightseeing cruise routes opened in the financial hub. Each route, which lasts either one hour or 30 minutes, passes by several historic buildings, including the Sihang Warehouse Battle Memorial and the General Post Office Building. The 78-mile…

Shenzhen Component Index closed down 0.56%