Beijing Post

Chinese Investors Rush Into U.S. Technology Stocks as Offshore Quotas Tighten

Chinese asset managers are cutting daily purchase limits after retail investors rapidly used available outbound investment quotas to buy U.S. technology shares, driving some domestic fund premiums to elevated levels.

Hong Kong Child Suicide Rate More Than Triples as Academic Pressure Draws Scrutiny

New public-health data show Hong Kong’s child suicide rate has more than tripled in recent years, with high-performing students prominent among the cases and growing concern over pressure within the education system.

Former Shanghai Industrial Investment President Receives Suspended Death Sentence for Corruption

A Chinese court sentenced the former president of Shanghai Industrial Investment Corporation to a suspended death sentence after finding him guilty of embezzlement and accepting more than 175 million yuan in bribes.

CICC Absorbs Two Rival Brokerages as China Pushes Financial Sector Consolidation

Regulators have approved China International Capital Corporation’s absorption of two domestic brokerages as Beijing seeks to create larger investment banks capable of competing more effectively in global markets.

Enflame Shares Surge 188% in Shanghai Debut as Investors Back Domestic AI Chips

Tencent-backed artificial intelligence chipmaker Enflame jumped 188% on its first day of trading in Shanghai, highlighting strong investor demand for Chinese semiconductor companies developing alternatives to restricted foreign technology.

China Raises 2030 Target for New Energy Vehicles to 70% of New Car Sales

Chinese policymakers now require new energy vehicles to account for 70% of domestic new-car sales by 2030, alongside tougher efficiency standards and wider adoption of automated-driving technology.

People’s Bank of China Tests Loans Pegged to Money-Market Rates

China’s central bank has authorized commercial loans linked directly to money-market rates instead of the Loan Prime Rate, testing a more market-responsive approach to domestic credit pricing.

China Pauses Approvals for New EV Battery Plants Amid National Capacity Review

Chinese authorities have halted approvals for new electric-vehicle battery facilities while regulators conduct a nationwide capacity audit, signaling a shift toward consolidation after years of rapid manufacturing expansion.

Chinese Auto Exports Surpass Full-Year 2025 Total After Eight Months

China exported more than one million vehicles for a third consecutive month in August, pushing shipments for the first eight months of the year above the total recorded for all of 2025 as new energy vehicle exports continued to grow.

China Orders State Companies to Pay Smaller Suppliers in Cash

Central regulators have instructed state-owned enterprises to settle invoices with small and medium-sized suppliers through direct cash payments rather than delayed commercial acceptance bills in an effort to ease private-sector liquidit...

China’s August Exports Jump 25% as High-Technology Shipments Surge

Chinese exports rose 25% from a year earlier in August, with high-technology shipments up 42% as global demand for servers, processors and other artificial intelligence infrastructure supported manufacturing activity.

Xi Jinping Proposes BRICS Open-Source AI Community and Shanghai-Based Governance Body

Chinese President Xi Jinping used the BRICS summit in New Delhi to propose an open-source artificial intelligence community and a Shanghai-based global governance organization backed by 29 founding countries.

China Raises Visa Fees for Japanese Nationals From September 14

Beijing announced a sevenfold increase in visa fees for Japanese citizens from September 14, describing the move as reciprocal after Japan raised its own foreign visitor charges.

Chinese Graduates Increasingly Favor Government and State-Owned Jobs

Labor-market analysis shows more Chinese university graduates are turning toward civil service and state-owned enterprises as confidence in private-sector employment weakens, complicating efforts to encourage entrepreneurship and private...

Huawei Cloud Launches System to Coordinate 100,000 AI Chips

Huawei Cloud introduced a unified scheduling platform capable of managing computing workloads across 100,000 artificial intelligence chips, with the company saying the system can improve resource utilization by 30% for large-scale AI tra...

China Trade in Services Fair Ends With More Than 1,000 Commercial Outcomes

China’s Commerce Ministry said the Beijing trade-in-services fair produced more than 1,000 commercial outcomes as the government promotes digital, financial and logistics services as a larger part of the country’s international trade.

SMIC Begins Pilot Production of 5-Nanometer Chips for Huawei AI Processors

Semiconductor Manufacturing International Corporation has begun pilot runs of a 5-nanometer process, with mass production planned for late 2026 to supply Huawei’s next-generation Ascend artificial intelligence processors despite US expor...

China Unveils Five-Year Plan to Expand Yuan’s Global Use and Counter Financial Sanctions

The People’s Bank of China’s 2026-2030 roadmap gives the digital yuan formal legal status and calls for more offshore renminbi clearing centers in Hong Kong and the Middle East as Beijing seeks greater resilience against foreign financia...

China’s August Exports Surge 25% on Strong Demand for AI Hardware

Chinese exports rose 25% in August, driven heavily by advanced manufacturing and server components as global artificial intelligence demand helped offset weakness in domestic consumption and property markets.

Pinglu Canal Set to Open and Shorten Southern China Export Routes to ASEAN

The 134-kilometer Pinglu Canal is due to open this week, linking the Xijiang River with the Beibu Gulf and cutting shipping distances from southwestern China by more than 500 kilometers, with logistics costs to Southeast Asia expected to...

Xi Jinping Proposes Four-Point Middle East Security Framework

President Xi Jinping outlined a new Chinese security and economic framework during talks with Egyptian leaders, expanding Beijing’s diplomatic ambitions in the Middle East beyond its traditional role as a major energy buyer.

China Says Hidden Local Government Debt Has Fallen 50% Since 2024

Beijing says fiscal restructuring and tighter regulation have halved off-balance-sheet local government borrowing over two years, reducing pressure from legacy infrastructure debt and freeing more capital for other priorities.

Chinese Nuclear Submarines Deploy JL-3 Missiles With Range to Reach Continental US

Defense assessments say China’s nuclear-powered ballistic missile submarines are deploying JL-3 intercontinental missiles, allowing them to potentially reach the continental United States while operating from the South China Sea.

Nearly 1,500 Large Chinese Textile Companies Drop From Official Statistical Category

Almost 1,500 textile and apparel manufacturers fell out of China’s above-scale statistical group in the first half of the year as higher domestic costs and shifting orders pushed more production toward Southeast Asia and Mexico.

China Names Local Officials Over Hidden Debt and Falsified Resolution Progress

China’s top anti-corruption body and Finance Ministry publicized six cases involving new hidden debt or inaccurate reporting of debt-resolution progress, intensifying central scrutiny of off-balance-sheet borrowing by local governments.

China Unveils Five-Year Auto Plan to Restrain Capacity Growth and Push Innovation

The State Council released a five-year strategy directing automakers to limit excessive production expansion while shifting investment toward higher-value innovation and stronger overseas market development.

China’s Central Bank Expands Push to Increase International Use of the Yuan

The People’s Bank of China outlined plans to widen bilateral currency swaps, promote the digital yuan in cross-border payments and strengthen mainland capital markets as part of a broader effort to expand the renminbi’s international role.

Chinese Air Force Showcases Integrated Combat Systems at Egypt Aerospace Exhibition

The People’s Liberation Army Air Force displayed operational aircraft, airborne early-warning systems and stealth drones at the El Alamein Aerospace Exhibition, signaling a broader Chinese push to market integrated defense systems to Mid...

Tencent-Backed AI Chipmaker Enflame Jumps 179% in Shanghai Debut

Shares of Chinese semiconductor developer Enflame surged 179% in their Shanghai market debut, valuing the company at about $25 billion and highlighting strong investor demand for domestic artificial intelligence chipmakers.

Beijing Warns New US Arms Sales to Taiwan Could Derail Planned Washington Summit

Chinese officials warned that Beijing could cancel a planned late-September presidential summit if Washington approves additional weapons sales to Taiwan, underscoring the island’s continuing role as a central source of tension in US-Chi...

China Revises Defense Mobilization Law to Expand Military Access to Civilian Ships, Drones and AI

China’s National People’s Congress approved changes allowing broader military requisition of civilian roll-on roll-off vessels, drones and artificial intelligence infrastructure, expanding the resources available to the People’s Liberati...

Chinese Exports Rise 25% in August as AI Hardware Prices Lift Trade Value

China’s export value jumped 25% in August and helped produce a record trade surplus, though analysts cited in the notes said higher prices for legacy chips and artificial intelligence components masked weaker volumes in more traditional ...

China Freezes New Energy-Storage Battery Plant Approvals Amid Overcapacity Concerns

Chinese authorities have halted approvals for new battery-based energy-storage factories as policymakers move to curb excess capacity and intense price competition in one of the country’s fastest-growing green technology industries.

Xi and Modi Hold Bilateral Talks in New Delhi as China and India Seek Border Stability

Chinese President Xi Jinping met Indian Prime Minister Narendra Modi on the sidelines of the BRICS summit in New Delhi, with the two leaders discussing their Himalayan border dispute and broader bilateral ties as Beijing also proposed a ...

China Introduces New Cost Rules to Crack Down on Destructive Industrial Price Wars

The National Development and Reform Commission and market regulator have issued a methodology for identifying illegal below-cost pricing, giving authorities stronger tools to intervene in price wars affecting manufacturing and automotive...

China Offers 36 Infrastructure Projects to Private Investors

The National Development and Reform Commission is promoting transport, logistics, water and energy projects worth more than 61 billion yuan, seeking about 15.6 billion yuan in private capital.

People’s Bank of China Tests Market-Based Overhaul of Corporate Loan Pricing

China’s central bank has begun pilot programs linking commercial lending rates directly to money-market benchmarks, aiming to make corporate borrowing costs more responsive to interbank liquidity conditions.

Enflame Technology Surges 188% in Shanghai Trading Debut

Chinese artificial intelligence chipmaker Enflame Technology jumped 188% on its STAR Market debut as domestic investors continued directing capital toward semiconductor companies developing alternatives to restricted foreign processors.

Qingdao Shipyard Cargo Vessel Fire Kills 25

A major fire involving a commercial vessel at a shipyard in Shandong province killed 25 people, prompting high-level investigations into safety standards at the maritime manufacturing facility.

Former Shanghai State Executive Gets Suspended Death Sentence in Corruption Case

A Shanghai court handed a suspended death sentence to a former president of Shanghai Industrial Investment Company after finding that he embezzled public funds and accepted bribes exceeding 175 million yuan.

China Publicly Names Local Officials Over Hidden Government Debt Violations

Central authorities have identified municipal and provincial officials accused of accumulating illegal off-balance-sheet debt, reinforcing Beijing’s campaign to tighten fiscal discipline as local governments face persistent funding press...

Former China Merchants Bank Vice President Placed Under Disciplinary Investigation

Chinese anti-corruption authorities have detained a former senior China Merchants Bank executive, bringing to five the number of top-level officials investigated at the lender amid continued scrutiny of the financial sector.

Shenzhen Residential Land Sale Draws 125% Premium Despite Property-Sector Strains

A China Overseas Land and Investment unit secured a sought-after residential site in Shenzhen’s Futian district at a 125% premium, showing continued demand among well-capitalized developers for scarce prime-city land.

Ant Group Launches AI Payment System for Agent-Based Commerce

Ant Group has introduced an automated escrow and payment-verification system designed for artificial intelligence-driven commerce, extending AI integration into China’s consumer payment infrastructure.

ByteDance Secures $29.6 Billion Loan Facility to Accelerate AI Expansion

ByteDance has obtained $29.6 billion in institutional debt financing to fund artificial intelligence infrastructure and development as the Chinese technology group increases spending on computing capacity.