Caixin

New Business

China’s cruise industry makes waves as new deal creates Asia’s largest fleet

China has announced plans to consolidate the cruise operations of four central state-owned enterprises into a single entity that will…

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New Business

Ships divert, directors resign as US-China port fees rock shipping industry

Shipping companies are rushing to divert vessels and adjust their corporate structures, as they strive to minimise their exposure to…

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New Business

Wahaha heiress Kelly Zong’s inheritance battle puts Chinese family firms in spotlight

Kelly Zong Fuli, chairwoman and CEO of mainland China’s largest soft-drinks producer Hangzhou Wahaha Group, is embroiled in a wealth-inheritance…

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New Business

China’s factory activity speeds up on export boost, Caixin PMI shows

China’s factory activity expanded at its fastest pace in four months in March, buoyed by stronger demand and robust export…

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New Business

China’s factory activity growth slows again as Trump tariffs loom

China’s manufacturing activity unexpectedly declined for a second straight month in January, underlining the need for Beijing to step up…

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New Business

ByteDance board member ‘optimistic’ TikTok will find non-sale options in US, report says

TikTok is considering alternative solutions to selling its US business, as owner ByteDance continues the fight to keep its 170…

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New Business

Shanghai issues more consumption vouchers after shock fall in retail sales

Shanghai has announced plans to issue another round of consumption vouchers, as the Chinese metropolis tries to reverse a downturn…

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New Business

Salary caps spread in China’s finance sector amid ‘common prosperity’ drive

Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post has learned,…

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New Business

China’s factory-activity growth slows as recovery remains bumpy, Caixin PMI shows

China’s factory activity grew in December, but at a slower-than-expected pace, as overall sales were dampened by falling export orders…

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New Business

UBS names ex-Credit Suisse manager Janice Hu as China vice-chair

Swiss bank UBS Group has named Janice Hu, the former China chief of Credit Suisse, as vice-chair of its mainland…

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