3+ day, 34+ min ago   (164+ words) Caixin Global China Defends Export-Fueled Surplus China defended its large current-account surplus, saying the funds generated by its export strength are recycled into overseas investments that support industries and financial markets abroad. Li Bin, deputy head of the State Administration…...

6+ day, 20+ hour ago   (195+ words) Corporate layoffs are a familiar feature of the modern economy, but the mass dismissal of recent college graduates by Changzhou Xingyu Automotive Lighting Systems Co. Ltd., a leading Chinese automotive-lighting manufacturer, has cast a sudden spotlight on a new global…...

1+ week, 5+ day ago   (138+ words) Caixin Global Manus Resumes Independent Operations After Meta Deal Collapses Artificial intelligence startup Manus has resumed operations as an independent company under its original founding team after Meta Platforms Inc.’s acquisition of the company collapsed. The unraveling of the…...

1+ week, 6+ day ago   (111+ words) CXMT Corp. filed a lawsuit Friday against the U.S. Department of Defense, demanding its removal from a blacklist. The company said its chips are for civilian and commercial use, not military purposes, and that the U.S. designation is incorrect. The lawsuit was…...

2+ week, 4+ day ago   (155+ words) Caixin Global EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash Chinese flying-car maker EHang Holdings Ltd. has withdrawn its annual revenue target as tighter regulations following a fatal aircraft crash in Beijing have delayed the commercial launch of…...

2+ week, 5+ day ago   (112+ words) China’s flagship state newspaper has used a prominent pseudonymous commentary series to defend the country’s slowing economic growth and signal that Beijing will resist large-scale stimulus. The four-part series in the People’s Daily under the pen name “Zhong Caiwen” — often…...

3+ week, 2+ day ago   (162+ words) Caixin Global Business Brief (Aug. 21): China Urges U.S. to Revoke Drone Tariffs China’s commerce ministry urged the U.S. to revoke its tariff measures on drones, saying the U.S. Section 232 measures stretch the concept of national security and discriminate against Chinese products....

3+ week, 4+ day ago   (168+ words) Caixin Global China’s LandSpace Recovers Booster in Reusable Rocket Breakthrough Chinese commercial space startup LandSpace Technology Corp. successfully recovered the first stage of its Zhuque-3 rocket after sending a satellite into orbit Wednesday, marking a major step toward reusable launch…...

3+ week, 5+ day ago   (150+ words) Caixin Global Ex-Directors of China’s Military Tech Commission Lose Elite Academic Titles Two successive heads of the Chinese military’s top science and technology commission have been removed from the country’s most prestigious academic institutions without an official announcement. The Chinese…...

1+ mon, 1+ day ago   (157+ words) Caixin Global U.S. Proposes Ban on Domestic Drone Maker Over Alleged DJI Ties The U.S. Federal Communications Commission (FCC) has proposed banning the import and sale of drones made by Texas-based Anzu Robotics, citing the company’s technological ties to a restricted entity…...