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Caixin Media

03.24.2015

Kissinger: China, U.S. Must ‘Lead in Cooperation’

Henry Kissinger, the former U.S. Secretary of State and the architect of former president Richard Nixon's historic visit to China in 1972, has continued to influence the shaping of the two countries' relations and America's foreign policy...

Caixin Media

03.17.2015

Chinese Businesses Eye Purchasing Power of LGBT Community

Chinese businesses are starting to show interest in the purchasing power of the lesbian, gay, bisexual, and transgender (LGBT) consumer market, often referred to as the “pink dollar,” a trend led by e-commerce giant Alibaba Group Holding...

Caixin Media

03.10.2015

China’s Factories Are Building a Robot Nation

Every day, two quality-control supervisors monitor four robots tirelessly assembling remote-control devices for home appliances at a Midea Group factory in Foshan, in the southern province of Guangdong. The robots recently replaced 14...

Caixin Media

03.03.2015

Can Market Mechanisms Clear China’s Air?

The Chinese government recently responded to rising public discontent over environmental degradation by introducing tougher rules for industrial emissions.Meanwhile, a non-governmental organization and a state-run newspaper are...

Caixin Media

02.25.2015

Apple Pay Stalled, Frustrated in China

The central bank, UnionPay bank card service, and e-commerce giant Alibaba Group Holding Ltd. are standing up to Apple Inc.'s effort to bring the Apple Pay no-card, no-cash payment system to iPhone users in China. "Apple is seeking to...

Caixin Media

02.17.2015

Prosperity, International Cooperation, Civil Rights Key to Defeating Terror

The global fight against terrorism has entered a new stage with the emergence of the Islamic State (IS), and the battle lines have never been so clearly drawn all over the world.On February 18, Washington will host the Summit on Countering...

Caixin Media

02.09.2015

In China, Quantum Communications Comes of Age

This may be a quantum leap year for an initiative that accelerates data transfers close to the speed of light with no hacking threats through so-called quantum communications technology. Within months, China plans to open the world's...

Caixin Media

02.03.2015

Minsheng Bank President Resigns Amid Corruption Investigation

China Minsheng Banking Corp. said on January 31 that its president has resigned, shortly after people close to the matter said the Communist Party is investigating him for corruption. Minsheng said in a statement that Mao Xiaofeng had quit...

Caixin Media

01.27.2015

China Boots Up an Internet Banking Industry

Premier Li Keqiang recently launched a new era for banking in China by ceremonially pressing the "confirm" button for a 35,000 yuan loan issued to a Shenzhen truck driver. Li's gesture on January 4 on behalf of Shenzhen Qianhai WeBank was...

Caixin Media

01.20.2015

Good Times Are Over for Local Governments

Two pieces of recent news have piqued the public's interest. First, local governments reported their latest debt figures to the Ministry of Finance. The numbers have not been made public, but sources say many officials reported large...

Caixin Media

01.12.2015

China Turning Gray Over Pension Reform Stress

About 8,000 teachers in the northeastern city of Zhaodong stayed home for three days in November to protest an experimental pension scheme they called tantamount to a pay cut. The teachers claimed they'd been illegally forced to...

Caixin Media

01.09.2015

Baby Hatch Programs Struggle to Cope With Number of Infants With Birth Defects

Giving birth to her first baby granted Zheng Yuling no happiness, but instead brought pain and sadness. The seriously ill girl died hours after birth, and Zheng's husband, Chen Dafu, was arrested on suspicion he abandoned the newborn....

Caixin Media

01.06.2015

In Praise of Hu Feng

Sheila Melvin
Hu Feng (1902-85) is a name that most students of P.R.C. history have undoubtedly encountered at one time or another. I remember reading it for the first time years ago in Jonathan Spence's "The Search for Modern China." It stuck in my...

Caixin Media

12.30.2014

Nephew of Disgraced Official Ling Jihua Involved in Tangled Web of Businesses

The investigations into Ling Jihua, Vice Chairman of the Chinese People's Political Consultative Conference, and his two brothers, Ling Zhengce and Ling Wancheng, have shed light on a powerful family that had a grip on both government...

Caixin Media

12.22.2014

Wild Stock Market Is Detrimental to Reform Efforts

Chinese leaders' pledge to strengthen risk control at last week's Central Economic Work Conference could not be more timely, given the frenzied exuberance in the stock market. In a statement released after three days of meetings, the...

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