Caixin Media

In the financial documents for a Guangdong province grower and processor of tea seed oil is a list of key shareholders who also happen to be the relatives of local government officials.Off the record, Guangdong Xindadi Biotechnology Co. Ltd. and its...

Capital flows out of China may be accelerating, a phenomenon commonly associated with waning confidence in a nation’s economy. But the foreign exchange regulator says the change is a step in the right direction.In the first six months of the year,...

China’s titans of online retailing have unsheathed their marketing swords for a war in cyberspace that industry watchers say will decide the future of everyday shopping habits for nearly a billion consumers.Dozens of retail companies have staked out...

Most shop owners in a city of roughly 8 million people have pulled down their shutters to avoid what they fear will be stringent enforcement of a city ordinance tied to the hosting of the 2013 National Games.Small business owners in Shenyang,...

Debt-ridden Jiangxi LDK Solar has defaulted on at least 600 million yuan in unpaid bills for raw materials and equipment, twenty suppliers say.“Starting from late last year, LDK Solar was delinquent on 15 million yuan to our company,” Liu Qingfeng,...

The Chinese economy’s rapid growth over the past thirty years has fundamentally changed global economic structures. But our achievements have come at a price: We have run up against hard limits in many areas, including factor investment costs and...

The dark clouds over bankrupt Swedish car maker Saab have finally cleared.Saab Automobile AB’s liquidator signed an agreement in mid-June with National Electric Vehicle Sweden AB (NEVS) to sell the company’s main assets to the Sino-Japanese...

Increasing government spending would be a disservice to society rather than a benefit if Beijing wants to create a consumption-led economy, one economist says in a recent research report.“The so-called ‘structural optimization,’ which refers to...

Whether measured in terms of gross domestic product, tax contributions or job creation, statistics prove that the private economy plays a crucial role in China.In some well-developed parts of the country the private sector, when factoring in...

On May 9, China National Offshore Oil Corp.’s (CNOOC) first deepwater drilling platform began operating in the South China Sea. The world-class vessel is stationed in the Liwan 6-1-1 field, about 320 kilometers southeast of Hong Kong, in waters...

Imagine discovering on your first day as a new CEO that your employer is merely a shell that may be destined for a shameful delisting on the Nasdaq Stock Market.That’s what happened recently to ChinaCast Education Corp. CEO Feng Yiyi, who is now...

Walls inside Zhang Haomin’s home in Zhenxi Township, in Chongqing, started cracking in 2008, around the time the reservoir behind the new Three Gorges Dam neared capacity.“Early on, the cracks were small,” said Zhang, whose home is about three...

(Beijing)—In much of the world, admiration and envy are common reactions to China’s consistently high GDP growth rates. But closer to home, the Chinese public’s admiration of their own economic miracle is shadowed by tax increases that...

(Beijing)—In an odd twist for China’s powerful banks, the biggest state-owned lenders last year started running low on the foreign currency needed for loans to enterprises investing overseas.“Some commercial banks suspended U.S. dollar loans” after...

(Dalian)—The sudden disappearance of a self-made billionaire in the coastal city of Dalian has unnerved not only bank executives concerned about loans they made to his companies, but also government officials who have lent generous support to the...

Roughly 1 million Chinese nationals are working or doing business in Africa, from Egypt’s Mediterranean shore to the Cape of Good Hope.Theirs are the faces behind China’s soaring direct investment in Africa, which, according to the Ministry of...

At a time when China was bursting with an urge to cover buildings in shimmering silver and gray, Wang Shu, the first Chinese winner of the Pritzker Prize, was an architect who felt that changing tastes didn’t have to mean changing one’s sense of...