Get it on Android — 7-day free trial, or $199.99 for the first year. Trusted by 1.2 million readers worldwide, Caixin Global delivers the China business and financial news you need — anytime, anywhere.play.google.com/store/apps/d…
When sending a #coronavirus patient to a CT scan, a doctor in Wuhan stopped by the sunset and enjoyed the moment with his 87-year old patient who had been in hospital for nearly a month. (Via Weibo)
In China’s Guangdong province, 14% of recovered Covid-19 patients tested positive for the virus in later checkups, raising the question whether recovered patients can still infect others. caixinglobal.com/2020-02-26/…
Biggest coronavirus study finds more than 3,000 infected Chinese medics, almost double the official total, as almost half of patients in critical condition die.
caixinglobal.com/2020-02-18/…
I stayed in Wuhan as the last trains pulled out, along with a few Caixin colleagues who decided despite the risks to continue documenting the unfolding deadly epidemic. caixinglobal.com/2020-01-23/…
Another doctor in #Wuhan has succumbed to the #coronavirus. Zhu Heping, a colleague of whistleblower doctor Li Wenliang, is the fourth doctor from Wuhan Central Hospital to die from #COVID2019.
“No words can adequately describe the sacrifices of the people of Wuhan. I say to the government: You need to rein in your arrogance and humbly offer thanks to your masters — in this case, the millions of people in Wuhan,” writes local writer Fang Fang. caixinglobal.com/2020-03-12/…
A key test used to confirm new #coronavirus cases is failing to catch large numbers of people with the disease. A critical diseases expert said that patients who take the test in question “only come back positive 30% to 50% of the time.”
bit.ly/38b8UCO
Local Chinese governments were found to be inflating fiscal revenue, adding new hidden debts and carrying out poor financial management, the national auditor said in a report.
caixinglobal.com/2023-06-27/…
As early as Dec. 27, test results from labs suggested there was an outbreak of a highly infectious virus in Wuhan. That was more than three weeks before Chinese authorities confirmed publicly that the virus was spreading between people.
#coronavirusbit.ly/3adC5pe
Evergrande is racing to restart projects across China as debt repayments loom, employing 89,000 workers to quadruple production this month. caixinglobal.com/2021-12-28/…
The quickening speed of bond defaults in China, especially among ailing private firms, highlights the growing financial strain triggered by the country’s worst economic slowdown in three decades and unabated trade tensions with the U.S. caixinglobal.com/2019-12-03/…
As of Sunday, Hubei province said it had zero new “confirmed cases” for four days. However, a member of a disease prevention team said Wuhan continues to find cases every day, but they’re left out of the public figures as the patients show no symptoms caixinglobal.com/2020-03-23/…
In depth: How Wuhan lost the fight to contain the coronavirus as early official efforts to downplay risks delayed response while contagion mushroomed. caixinglobal.com/2020-02-03/…
The Wuhan Institute of Virology, the only P4 level biosafety laboratory in China, has denied that one of its graduates was “patient zero” of the #coronavirus outbreak. The institute has been the subject of rumors and conspiracy theories. Patient zero remains unknown.
Robots are deployed by hospitals in China in their fight against the #coronavirus. These high-tech machines can talk to patients, perform basic diagnostic functions and disinfect rooms. This one is delivering food to coronavirus patients in a hospital.
China needs an institutional framework to protect whistleblowers, ensuring they won’t be punished or bear excessive, harsh consequences for their actions caixinglobal.com/2020-02-07/…
Zhong Nanshan, China’s top epidemiologist, said countries can’t rely on herd immunity to curb the #Covid19 pandemic. “There is no evidence of immunity for life after one infection of the virus,” Zhong said Wednesday at a press conference:
bit.ly/33vL8j6
Palestinians trust China to be a “neutral and unbiased” mediator in peace talks to help resolve the ongoing conflict between Palestine and Israel, Palestinian Ambassador to China Fariz Mehdawi told Caixin on Monday.
caixinglobal.com/2021-05-21/…
“Even when they fell ill, they could not report it. They could not alert their colleagues and the public in time despite their sacrifice. This is the most painful loss and lesson,” a department head from the Wuhan hospital hit by Covid-19 told Caixin. caixinglobal.com/2020-03-10/…
#nCoV2019 update:
- Worldwide confirmed #coronavirus cases rise to 2,096 as of Sunday evening.
- China officials confirm 2,058 infections and 56 deaths
- 12 foreign countries report 38 cases
- Thailand confirmed eighth case
- Japan reported its fourth
caixinglobal.com/2020-01-26/…
Trending in China: Japan’s Yuzuru Hanyu ended his third Winter Games without a medal, but the former Olympic figure skating champion’s courage in pushing his limits in Beijing won the praise of Chinese fans. caixinglobal.com/2022-02-15/…
Our reporters are at the front lines reporting China’s flooding along the Yangtze River. China raised its #flood response alert Sunday to the second-highest level. Stay tuned for the latest on China’s 2020 flood: caixinglobal.com/newsletter/
#Coronavirus latest:
- Signs of stabilizing emerge in China;
- China had confirmed 78,190 cases of infection, including 2,718 deaths;
- About 38% of the confirmed cases had recovered, indicating that medical efforts were proving effective to some extent.
bit.ly/2VmVwrB
Dr. Li Wenliang, a whistleblower who was punished for warning of China’s novel coronavirus outbreak, died Friday of the disease, a Wuhan hospital said. caixinglobal.com/2020-02-07/…
At least five of China’s prisons have confirmed a whopping 512 cases of Covid-19 infections by Friday, stoking fears that the country’s penitentiaries risk becoming incubators of a virus that appears to run rampant in close quarters. caixinglobal.com/2020-02-21/…
Gallery: Figure skating icon Yuzuru Hanyu announced his retirement from the sport at a press conference in Tokyo. The 27-year-old had gained global renown with his elegant and technically impressive moves on the ice. caixinglobal.com/2022-07-19/…
China’s central bank governor says quantitative easing implemented by global peers can be damaging over the long term, vowing keep monetary policy normal for as long as possible.
caixinglobal.com/2021-09-29/…
Meet the contactless elevator button system which allows riders to “press” buttons on a virtual control board. Its electric sensor can detect hand movements and receive orders. The buttons came as part of the efforts to prevent cross-infection amid the #covid19 pandemic
Via Weibo
Exclusive: A cluster of 19 deaths since Dec. 23 was found at a nursing home near the Wuhan seafood market with only one Covid-19 case reported though 10 others died of respiratory failure. caixinglobal.com/2020-02-25/…
Li Yundi, a well-known Chinese pianist, has been detained by Beijing police on suspicion of solicitation of prostitution. Li is famous for being the youngest pianist, at the age of 18, to win the XIV International Chopin Piano Competition in 2000.
caixinglobal.com
After nearly a two-month lockdown across the central Chinese city of #Wuhan in the wake of the #coronavirus outbreak, a driver found grass growing out of her car.
(Via Weibo)
🍔Unlike your usual mukbang video, this one contains no food. This livestremaing video comes out as China’s state media criticized mukbangers for “wasting an incredible amount of food,” and urged people to reduce food waste.
The record of the highest one-day rise in new reported infections and deaths was broken, again. As of the end of Tuesday, 3,800 new cases of #coronavirus infection were reported in China, bringing the total number to 24,363. 66 new deaths were reported, bringing the total to 491.
Despite official figures reporting few to no new domestic #Covid19 cases on the Chinese mainland in recent days, authorities continue to detect more non-symptom infections, with those in the city at the heart of the country's outbreak often amounting to more than a dozen a day.
The deaths of a film director, his parents and sister starkly illuminates how Wuhan may have mishandled the spread of the coronavirus by initially pursuing a policy of home quarantine in a bid to relieve pressure on overburdened, undersupplied hospitals. caixinglobal.com/2020-02-17/…
Saudi Arabia’s $450 billion sovereign wealth fund has applied for a Qualified Foreign Institutional Investor license in China, which will allow it to start making major investments in Chinese companies directly. caixinglobal.com/2021-11-05/…
The death of a Wuhan Covid-19 patient days after he was declared recovered is challenging the criteria for defining recovery and releasing people from hospitals. caixinglobal.com/2020-03-06/…
TCL Technology Group will acquire two display factories in Guangzhou from South Korea’s LG for 10.8 billion yuan ($1.54 billion) as Chinese companies boost their dominance in LCDs caixinglobal.com/2024-09-28/…
"I believe there should be more than one voice in a healthy society. I don’t agree with the use of public power to overly interfere,” said #LiWenliang in the interview: bit.ly/2Oxp55m#coronavirus
Meituan Dianping, the Chinese online services platform, joins other tech companies in making job cuts, while denying reports of large-scale terminations. caixinglobal.com/2018-12-20/…
Singapore has contained its Covid-19 outbreak to 345 cases and no deaths thanks to lessons learned from the 2003 SARS crisis. caixinglobal.com/2020-03-20/…
Cover Story: Chinese lenders and authorities are investigating the mystery of $2 billion of loans backed by 83 tons of purported gold, but at least some of it is just gilded copper. caixinglobal.com/2020-06-29/…
SPECIAL CORONAVIRUS PODCAST. We're launching long reads of Caixin's exclusive four-part in-depth report on the epidemic. Part one explores how official efforts in Wuhan to downplay the risks delayed initial responses to contain the virus.
caixinglobal.com/2020-02-08/…
#Coronavirus latest:
- Confirmed cases in China rose to 34,621, including 723 deaths;
- A total of 24 other countries have confirmed a combined 278 infections, as Japan and the United Arab Emirates respectively reported three and two additional cases
More: bit.ly/31LZOdr
Tesla has loopholes in its safety measures and should be punished for the death of a worker Feb. 4 at its giant electric-vehicle factory in Shanghai, according to an investigation report issued by city authorities.
caixinglobal.com/2023-04-19/…
Dr. Peng Zhiyong, a director of ICU at a #Wuhan hospital, had the lowest fatality rates in his ICU in Wuhan’s fight against #Covid19, and he will speak at our webinar tomorrow. Register and submit questions for Dr. Peng. Attend the webinar and have your questions answered:
Hong Kong’s first #coronavirus-related fatality, a 39-year-old man, is one of the youngest victims so far recorded in the epidemic, raising concerns that the viral disease may be more lethal for young patients than was previously thought. bit.ly/374Tu1G
A Chinese government-affiliated institution said it has confirmed the efficacy of Avigan against coronavirus infection in clinical trials, and there are growing expectations that it will help prevent the spread of the pandemic. caixinglobal.com/2020-04-03/…
Tesla Inc.’s price cuts in China could cost the carmaker all its operating profit in the world’s biggest electric-vehicle market, Evercore ISI warned in a new report caixinglobal.com/2024-04-23/…
Guangdong Zhenrong defaulted on 21.5 billion yuan of loans to more than 20 banks as of April 2017, with billions of yuan disappearing from its books caixinglobal.com/2018-10-29/…
As of Feb. 13, Wuhan Iron and Steel had reported 69 confirmed infections at the company, while Baowu Steel had reported 119 infections, two deaths and 51 suspected cases at its headquarters in Wuhan, according to company documents obtained by Caixin. caixinglobal.com/2020-02-22/…
Cover Story: A chill is setting in across China’s housing market as the government sticks with tough policies to head off overheating, resulting in plunging home sales and values.
caixinglobal.com/2021-10-18/…
China’s residential property slowdown deepened in August as home sales by value fell 20% amid curbs on the industry and Evergrande’s escalating crisis. caixinglobal.com/2021-09-16/…
"I thought people in the U.S. would become more cautious as the epidemic got worse... It turned out that I was wrong. A few of my peers later admitted they had brought masks in their bags, but didn’t have the guts to put them on," writes @Caixin reporter @zhang_qiii.
#coronavirus
China’s “no-limit” cooperation with Russia has a bottom line — “the tenets and principles” of the UN Charter, Ambassador to the U.S. Qin Gang told China’s Phoenix TV. caixinglobal.com/2022-03-25/…
Promotion:⌛ Noah Holdings and @ArkWealth_'s new NOAH | ARK H2 2025 CIO Report reveals how geopolitical shifts and new technologies, especially AI, are transforming capital markets.
Noah Holdings | ARK Wealth CIO Office stated, “For global investors, the key question is not how to avoid deflation, but how to harness the deflationary dividends of technology to restructure portfolios—balancing defensive positioning today with offensive opportunities for tomorrow.”
The report explores the trend of technology-driven deflation and unveils a three-pillar asset allocation model with inflation-hedged, deflation-hedged, and bridge assets to balance risk, growth, and flexibility.
Full Report: promotion.arkwealth.com/acti…#Noah#ARKWealth#WealthManagement#WealthAllocation#CIOReport#AI#DigitalAssets
“... Two-thirds of the medical staff in the ICU of a hospital in Wuhan were infected. Doctors there were running “naked” as they knew they were set to be infected given the shortage of protective gear. They still worked there nonetheless.” said Peng in the interview
#coronavirus
An ICU doctor in #Wuhan described in extensive details what determines the difference between life and death in the fight against #coronavirus. Read here his tears, regrets and desperate fights to save the acute patients. bit.ly/3bpfRSO
#Coronavirus Latest:
- China has confirmed 31,211 cases of infection;
- 24 countries outside China have reported a combined 266 infections;
- 73 additional deaths were recorded in China on Thursday, bringing the official death toll to 637.
More: bit.ly/2H4l6cp
Promotion: Midea Group’s Brazil factory blends innovation and sustainability. With automated production and AI-driven quality control, efficiency is at the core of its operations. Midea’s eco-friendly practices, including water recycling, reflect its dedication to protecting the environment. Guided by its “Local for Local” philosophy, Midea is focused on creating a smarter, more sustainable future for Brazil and beyond.
Click to watch the video. @Mideacaixinglobal.com/2025-01-21/…
Trending in China: Reports that people who wanted to withdraw their cash from rural banks in Henan province had their movement curtailed by the country’s anti-Covid location-tracking software were met with outrage. caixinglobal.com/2022-06-14/…
From the Middle East to Southeast Asia, countries are rolling out the red carpet for China’s capital to fuel their next stage of growth. For example, Saudi Arabia is luring Chinese investment to diversify beyond oil — building solar plants, data centers, and hosting the first Olympic Esports Games in 2027.
caixinglobal.com/2025-03-14/…
Chinese retail giant Suning, owner of leading football club Inter Milan, will receive a temporary $500 million bailout from a state-controlled fund to help it pull out of a liquidity crisis.
caixinglobal.com/2021-06-03/…
#nCoV2019 update:
- Chinese officials confirm 2,755 cases of #coronavirus infection, 80 deaths
- 40 overseas cases
- U.S. confirmed 2 more cases, total now 5
- S. Korea reported 4th
- 5 million+ people have left Wuhan, the epicenter of the virus outbreak
caixinglobal.com/2020-01-27/…
There is “no way” e-commerce giant @AlibabaGroup can meet its pledge to create 1 mil U.S. jobs due to deteriorating U.S.-China trade relations, Jack Ma has said. The plan was announced in 2017 at a landmark meeting with then-incoming U.S. President Trump
caixinglobal.com/2018-09-20/…
A TV series has triggered heated debate in China, portraying the “true” driving force behind Chinese families: to raise children as products to satisfy parents' needs, and to conduct familial relations like "business deals.” caixinglobal.com/2019-03-14/…
“All the places we visited in Wuhan looked like they were putting on a show,” Hong Kong microbiologist Yuen Kwok-yung told @Caixin. caixinglobal.com/2020-03-09/…
Justin Sun, controversial Chinese blockchain tycoon who bid $4.57 million for lunch with Warren Buffett, barred from foreign travel on allegations including illegal fundraising. caixinglobal.com/2019-07-24/…
China’s local government borrowers, pinched by the real estate slump, face a liquidity crisis that poses risks to the nation’s economy. More than 80% of local government financing vehicles do not have enough cash to cover interest payments, UBS estimates.
caixinglobal.com/2023-08-21/…
The clinical trial was conducted at hospitals in Wuhan and Shenzhen, with 200 patients participating. Test results for those receiving the drug turned negative in a shorter period, and their pneumonia symptoms improved at a higher rate. caixinglobal.com/2020-03-18/…
“We have to prepare our health system to face a potential pandemic dispersion of the virus and thus to see the virus circulate on the national territory,” French Health Minister Agnes Buzyn said at a press conference in Paris.
caixinglobal.com/2020-02-15/…
Covid-19 patients may shed virus as long as 37 days, far longer than thought, and probability of death rises with age, according to first study of fatalities in China. caixinglobal.com/2020-03-12/…
Chinese sprinter Su Bingtian came in 6th in the #Olympic men's 100-meter final. Earlier in the semifinals, Su set a new Asian record with a time of 9.83 seconds, and became the first Chinese sprinter to enter the final of the event.
Wuhan’s blanket Covid-19 testing of 10 million people turns up no new infections, showing it is now China’s “safest city,” a China CDC official says. caixinglobal.com/2020-06-03/…
China’s top court said the criminal charge of “picking quarrels and provoking trouble” has been abused in judicial practice in certain provinces, after this broadly worded offense was used controversially against rights defenders. caixinglobal.com/2023-08-18/…
The Three Gorges Dam has opened a historic 11 outlets to discharge water, as extreme floods hit the dam with the largest inflow of water in its history.
the Disease Control and Prevention Centre in Guangzhou found traces of the novel #coronavirus on the door handle of a patient's home for the first time, prompting the public to pay more attention to hand hygiene and other indirect transmissions of the virus.
TuSimple, a Chinese self-driving truck firm, has laid out a plan to build an autonomous freight network that will stretch out across 48 U.S. states by 2024. caixinglobal.com/2020-07-03/…
In China, gaming fans are often stereotyped as nerdy shut-ins, but a 2022 study by the Renmin University found that esports fans are 7.8% more likely than other Chinese college students to plan to marry and start families. caixinglobal.com/2023-02-08/…
"Whistleblowers are more interested in finding the truth. Power has no monopoly on the truth, and thus it should remain humble.” bit.ly/388zigm#coronavirus
If travel limitations continue, we may lose the flow of people living and gaining perspective on China. Perceptions formed without first-hand experience will begin to cloud the judgments of decision-makers, writes Julian MacCormac, chair of the BCCC.
caixinglobal.com/2021-12-17/…
Gallery: Japanese star figure skater Yuzuru Hanyu and mascot Bing Dwen Dwen brought sparkle to final day of the Olympics. caixinglobal.com/2022-02-21/…
Much of China faces a grim winter of power shortages and rationing as surging post-pandemic demand for electricity runs into the reality of high prices and low supplies of thermal coal.
caixinglobal.com/2021-09-29/…
The death toll in China from the #coronavirus logged its highest one-day rise on Monday, with 64 new deaths bringing the total to 425. The number of confirmed infections also passed the 20,000 mark.
More: bit.ly/2S9yqBm
Wuhan citizens came to the Wuhan Central Hospital to mourn the death of #LiWenliang, one of the novel #coronavirus whistleblowers. Li died Friday from the disease.
Even as Wuhan is declared free of Covid-19 cases, doctors and scientists are still baffled that some recovered patients continue testing positive for weeks.
caixinglobal.com/2020-04-29/…
China's National People's Congress Standing Committee on Saturday passed a Criminal Law amendment lowering the age of criminal responsibility to 12 from 14 in response to rising criminal acts by underage children in the country.