Beijing Post

Alibaba Sells Gaming Business to Trustar Capital to Focus on Artificial Intelligence

Alibaba has agreed to sell its non-core video game operations to private equity firm Trustar Capital, following a similar move by ByteDance as Chinese technology companies redirect resources toward artificial intelligence computing and i...

China Sets 2026–2030 Priorities for Sixth-Generation Networks and Embodied Artificial Intelligence

The Ministry of Industry and Information Technology has outlined technology priorities including next-generation communications, embodied artificial intelligence, brain-computer interfaces and nearly 200 artificial intelligence governanc...

China Signals More Economic Support to Bolster Domestic Demand

The National Development and Reform Commission said China would introduce incremental measures and maintain an accommodative monetary stance to stabilize domestic demand and support the transition into the next Five-Year Plan.

Electric Vehicle Demand Drives Recovery in China’s Power Semiconductor Sector

Strong domestic demand for electric vehicle components is lifting China’s power semiconductor industry, with companies including China Resources Microelectronics reporting sharp first-half profit gains as factories run at high utilizatio...

LandSpace Lands Reusable Zhuque-3 Booster in Milestone for China’s Commercial Space Industry

Chinese aerospace company LandSpace has successfully recovered a Zhuque-3 booster after a vertical landing, marking a major step for reusable launch technology as the country’s commercial satellite industry attracts new capital.

Chinese Regulators Block Meta’s $2 Billion Manus Acquisition as Tencent Steps In

Chinese regulators intervened to unwind Meta’s proposed $2 billion acquisition of artificial intelligence agent developer Manus, with Manus subsequently securing domestic investment from Tencent to keep sensitive algorithms within China.

DeepSeek Raises API Prices After V4-Pro Launch as China’s Artificial Intelligence Sector Shifts Toward Monetization

Chinese artificial intelligence developer DeepSeek has launched its V4-Pro model and raised application programming interface prices by more than 1,000 percent, signaling a move away from aggressive price competition toward more sustaina...

China Rejects US Sanctions on Companies Trading With Iran

China’s Foreign Ministry has condemned recent US financial penalties against Chinese companies involved in trade with Iran, rejecting Washington’s extraterritorial jurisdiction and pledging to protect Chinese business interests.

People’s Bank of China Injects Up to 600 Billion Yuan in Overnight Liquidity Operations

The People’s Bank of China has launched consecutive overnight reverse repurchase operations of up to 600 billion yuan to smooth short-term market fluctuations and ease financing conditions for financial institutions.

China Accelerates 800 Billion Yuan Financing Tool for AI and Advanced Manufacturing

The State Council and National Development and Reform Commission are deploying an eight-hundred-billion-yuan financing tool aimed at digital economy, artificial intelligence and advanced manufacturing projects, with eligible small and me...

China Signals Targeted Economic Support Rather Than Broad Stimulus as Growth Slows

People’s Daily commentaries have defended China’s four point seven percent first-half growth rate while warning against heavy reliance on debt, reinforcing expectations that Beijing will favor targeted measures over a large-scale stimulu...

China’s Central Bank Unveils Five-Year Financial Reform Plan Focused on Cross-Border Payments

The People’s Bank of China has released its 2026-to-2030 financial development plan, prioritizing wider use of the Cross-Border Interbank Payment System and offshore renminbi markets as Beijing seeks greater financial openness and a stro...

Study Finds China’s Medical Insurance System Provides Greater Benefits to Higher-Income Earners

A new academic study says China’s fragmented medical insurance system and flat-rate premiums disproportionately benefit higher-income citizens, prompting calls for contributions based more closely on income.

Hong Kong Stocks Fall as Mainland China Targets Offshore Insurance Income

Hong Kong equities came under pressure after reports that mainland Chinese tax authorities were collecting taxes on income from offshore insurance policies held by mainland residents, weighing heavily on major insurers.

China Revokes Evergrande Life Insurance License Over Illegal Use of Funds

Chinese financial regulators have revoked Evergrande Life’s operating license over violations involving the illegal use of corporate funds, further dismantling the failed property conglomerate’s financial operations.

Leapmotor Cuts Full-Year Profit Outlook as China’s Electric Vehicle Price War Intensifies

Chinese electric vehicle maker Leapmotor has sharply lowered its full-year profit target despite a six hundred percent increase in first-half net profit, citing the continued impact of intense price competition in the domestic market.

PDD Holdings Beats Profit Expectations as Temu Expansion Loses Momentum

PDD Holdings reported second-quarter profit above market expectations, while revenue missed forecasts as international expansion of its Temu e-commerce platform slowed amid higher supply chain spending and increased regulatory scrutiny.

Chinese Cloud Firms Expand Artificial Intelligence Data Centers Across Southeast Asia

Major Chinese technology companies are expanding cloud infrastructure and data centers across Southeast Asia as they seek new growth markets and a larger role in the region’s rapidly developing artificial intelligence economy.

Evergrande Founder Hui Ka Yan Sentenced to Life in Prison for Corporate Fraud

Hui Ka Yan, founder of collapsed property developer China Evergrande Group, has been sentenced to life imprisonment after pleading guilty to extensive corporate fraud, underscoring Beijing’s tough response to misconduct in the property s...

China Drafts Tighter Rules on Outbound Investment by Wealthy Individuals

Chinese regulators have proposed new rules expanding oversight of outbound investment, with particular attention to wealthy individuals and offshore capital transfers as Beijing seeks to curb capital flight and direct investment toward n...

China and India Resume High-Level Border Talks to Pursue Settlement

Chinese and Indian diplomatic and military officials have agreed to maintain negotiations and accelerate efforts toward a broader resolution of their prolonged military standoff along the Line of Actual Control.

China Completes Major Artificial Island Construction at Antelope Reef in South China Sea

Satellite imagery indicates China has completed primary construction of a roughly one-thousand-four-hundred-acre artificial island at Antelope Reef in the disputed Paracel Islands, including a protective lagoon and a potential runway.

China Advances Hypersonic Weapons Capable of Targeting Distant Support Aircraft

The People’s Liberation Army has integrated air-to-air missile capabilities into hypersonic glide vehicles, creating a system designed to strike high-value support aircraft and command centers at very long ranges.

Cash-Strapped Chinese Local Governments Turn Increasingly to Administrative Fines for Revenue

Chinese municipalities facing revenue shortfalls are increasingly relying on fines and other forms of enforcement to raise funds, according to an economic study highlighted by Caixin, adding pressure on small businesses and investment.

Goldman Sachs Forecasts Rapid Expansion of China’s Domestic Semiconductor Capacity

Goldman Sachs expects China’s domestic wafer output to grow forty-six percent annually through two thousand thirty-five, driven by capacity expansion at Semiconductor Manufacturing International Corporation and rising demand for artifici...

Xiaomi Expands In-House Chip Development for Smartphones, AI and Autonomous Driving

Xiaomi has unveiled new internally developed processors for smartphones, artificial intelligence and autonomous driving as the technology company seeks greater control over its semiconductor supply despite the high cost of developing and...

China Signals No Large-Scale Fiscal Stimulus as Policymakers Defend Growth Strategy

Chinese state media has signaled that Beijing will avoid a major debt-funded stimulus despite weak domestic demand, defending four point seven percent first-half growth while warning against relying heavily on borrowing to support the ec...

Leapmotor Cuts 2026 Profit Target Despite Sharp First-Half Earnings Growth

Chinese electric vehicle maker Leapmotor lowered its full-year profit outlook despite a 600 percent increase in first-half net profit, highlighting the intense price competition and margin pressure facing China’s domestic auto industry.

Chinese Municipalities Turn to Fines for Revenue as Fiscal Pressures Mount

A new economic study found that financially strained local governments are increasingly relying on punitive fines to generate revenue, a practice that researchers say is discouraging business formation and complicating Beijing’s efforts ...

China Approves Marine Monitoring Station in Disputed Zhongsha Islands

The Chinese Academy of Sciences has approved an automated marine environmental monitoring network for the disputed Zhongsha Islands, with the project expected to strengthen environmental surveillance and maritime oversight in the South C...

China Holds Key Loan Rates Steady as Policymakers Balance Growth and Currency Risks

The People’s Bank of China kept the one-year loan prime rate at 3 percent and the five-year rate at 3.5 percent in August, maintaining cautious monetary support while weighing property-sector weakness, currency pressures and bank margins.

China Study Finds Medical Insurance Benefits Tilt Toward Wealthier Urban Residents

A review of China’s public healthcare system found that higher-income urban residents receive disproportionately greater financial benefits from medical insurance, highlighting persistent challenges in achieving broader welfare and incom...

Alibaba Shares Fall After $12 Billion Offering to Fund AI and Cloud Expansion

Alibaba shares weakened after the company announced a $12 billion share sale intended to finance major investments in artificial intelligence and cloud infrastructure, underscoring the high cost of competing in China’s AI market.

Shein Targets $1.8 Billion Hong Kong IPO at $27 Billion Valuation

Singapore-headquartered Shein is seeking to raise about $1.8 billion in Hong Kong at a valuation of roughly $27 billion, shifting its listing ambitions after regulatory and political obstacles in Western markets.

China Drafts Tighter Rules on Individual Overseas Investments and Reinvestment

The National Development and Reform Commission has proposed removing the $300 million reporting threshold for overseas reinvestments, expanding scrutiny of cross-border capital movements and individual offshore investments.

China and Switzerland Finalize Trade Deal Eliminating Tariffs on 99.8 Percent of Swiss Exports

Beijing and Bern have concluded an upgraded free-trade agreement that will remove Chinese tariffs on almost all Swiss exports, deepening economic ties as China faces wider trade tensions and European Union investigations.

Yangtze Memory Parent Files for $4.9 Billion IPO to Fund China Chip Expansion

The parent company of leading Chinese memory-chip maker Yangtze Memory Technologies has filed for a multibillion-dollar listing to finance domestic semiconductor manufacturing, reinforcing Beijing’s push for greater self-reliance amid ti...

China Introduces Rules Making Financial Institutions Accountable for AI-Driven Payments

Chinese financial regulators have established “Know Your Agent” protocols that require licensed institutions to take responsibility for transactions conducted by autonomous artificial intelligence systems, setting a new framework for the...

Xiaomi Accelerates Domestic Semiconductor Push With New Smartphone and Autonomous Driving Chips

Xiaomi has unveiled proprietary processors for smartphones, artificial intelligence applications and self-driving vehicles as Chinese technology companies intensify efforts to reduce dependence on foreign chip suppliers.

ByteDance Integrates Feishu Workplace Software With Doubao Artificial Intelligence Platform

ByteDance is combining its Feishu productivity suite more closely with the Doubao AI platform as Chinese technology companies compete to expand enterprise artificial intelligence and autonomous workplace tools.

China’s State Council Orders Faster Infrastructure Investment and Domestic Demand Support

Premier Li Qiang has called for faster construction of computing infrastructure, new power grids and logistics networks as Beijing seeks to remove economic bottlenecks and deliver a strong start to the 2026–2030 Five-Year Plan.

China Unveils Five-Year Financial Reform Plan to Expand Renminbi International Use

The People’s Bank of China plans to widen two-way financial market access, upgrade the cross-border payment system and strengthen Shanghai’s role as an international financial center while expanding green and inclusive finance.

BYD Launches Long-Range Flagship Electric Sedan in China’s Premium Market

BYD has begun deliveries of a flagship electric sedan offering a claimed 1,000-kilometer range, advanced air suspension and autonomous driving capabilities, intensifying competition in China’s higher-end electric vehicle market.