Beijing Post
The World's Source of Goods
Thursday, Oct 08, 2026
Beijing Post
China Announces Massive Water Infrastructure Investment Program Through 2030
The National Development and Reform Commission has unveiled a multi-year plan to upgrade national hydrological networks to protect industrial water security and agricultural basins.
Climate Officials Warn Record El Niño Threatens Food Security and Supply Chains
Meteorological authorities have warned that the current El Niño pattern is becoming the strongest on record, posing systemic risks to national agricultural yields and industrial corridors.
State Council Adjusts Tax Credit Refunds to Support Advanced Manufacturing
The central government has streamlined value-added tax refund mechanisms to inject liquidity specifically into high-technology sectors and clean energy industries facing weak domestic demand.
Investors Anticipate Major Stimulus from People's Bank of China to Support Economy
Heightened volatility in the offshore yuan suggests that markets are pricing in significant interventions from the central bank and Ministry of Finance to combat deflationary risks.
China Issues Five-Year Industrial Plan to Secure Global Leadership in Battery Manufacturing
Beijing has released a comprehensive roadmap for the battery sector, focusing on advanced materials and recycling infrastructure to strengthen its position in the electric vehicle supply chain against Western competition.
China’s Financial Watchdog Launches Three-Year Blacklist for Corporate Violators
The National Financial Regulatory Administration has activated a new punitive framework that prevents companies and executives involved in severe financial violations from operating or raising capital for three years.
China Unveils 2026–2030 Strategic Blueprint to Prioritize National Science and Technology
The central government has issued a new five-year directive ordering academic and industrial institutions to dismantle research silos and focus on achieving self-sufficiency in foundational technologies.
National Day Holiday Data Shows Split in Chinese Consumer Spending
Economic indicators from the October golden week reveal that while long-distance travel grew by 25 percent, a sharp drop in cinema revenues highlights persistent caution among Chinese households.
Ministry of Commerce Warns EU of Retaliation Over Proposed Electric Vehicle Tariffs
Chinese commerce officials have issued direct warnings to European regulators, stating that proposed protectionist tariffs on Chinese electric vehicles could trigger immediate reciprocal trade measures.
Meituan AI Assistant Processes 750 Million Interactions During October Holiday
The delivery and services giant reported that its proprietary artificial intelligence handled hundreds of millions of travel verifications, signaling the rapid integration of generative AI into the domestic service economy.
China Implements New Defense Law Bringing AI and Private Infrastructure Under Military Control
Revised national defense mobilization laws are now enforceable, legally placing artificial intelligence, commercial data, and critical sectors like telecommunications and medical infrastructure under state military authority during natio...
Xi Jinping and Donald Trump Conclude Washington Summit With Targeted Coal Agreement Amid Trade Tensions
The high-profile meeting between the Chinese and United States presidents resulted in a specific consensus regarding coal markets, though major disputes over technology controls and global trade remain unresolved.
Mining Executives Warn Critical Mineral Shortages Could Constrain AI and Energy Growth
Executives from major mining companies warned that rising demand from data centers, artificial intelligence infrastructure and electrification could create significant shortages of critical raw materials.
China Warns Developing El Niño Could Be Strongest on Record
China’s meteorological authorities said the developing El Niño event could become the strongest on record, prompting increased monitoring of agricultural regions and supply chains exposed to weather disruption.
IMF Urges Targeted Aid Instead of Broad Subsidies to Protect Vulnerable Households
The International Monetary Fund said governments should prioritize targeted financial support for lower-income households rather than broad subsidies when responding to inflation and commodity price shocks.
Volkswagen and Gotion Deepen European Battery Partnership
Volkswagen is advancing plans involving its stake in Gotion High-Tech while investing with Chinese partners in battery manufacturing projects in Spain, Slovakia and Morocco.
China Reports $22.1 Trillion in Onshore Renminbi Trading in First Half
China’s foreign exchange regulator said onshore renminbi trading volume reached $22.1 trillion in the first half of the year, with derivatives accounting for 62.4% of total market activity.
China’s New Economy Gauge Falls as Technology and Capital Inputs Weaken
Caixin data showed high-value-added sectors accounting for 34.1% of total economic inputs, with the new economy gauge declining as technology, capital and labor contributions softened.
Foreign Visitor Border Crossings in China Rise 19.5% on Visa-Free Expansion
Foreign nationals made 61.29 million border crossings into and out of China during the first eight months of the year, up 19.5% from a year earlier as visa-free entry policies expanded.
Hong Kong Tops Fraser Institute Economic Freedom Ranking
The Fraser Institute ranked Hong Kong as the world’s most economically free jurisdiction in its latest annual report, reinforcing the territory’s standing as an international financial and trade center.
Chinese EV Makers Target Record 12 Million Global Sales
Industry groups and analysts expect Chinese electric vehicle manufacturers to reach 12 million sales worldwide this year, supported by strong domestic adoption and rising exports despite growing trade and regulatory pressure abroad.
Nvidia and AMD CEOs Join Tsinghua University Advisory Board
The chief executives of Nvidia and Advanced Micro Devices joined Tsinghua University’s advisory board, maintaining academic and technology engagement with China despite continued trade tensions and semiconductor export controls.
China Urges European Union to Avoid Escalating Trade Restrictions
China’s Commerce Ministry called on the European Union to preserve market access for Chinese electric vehicles and industrial goods during talks with European business representatives, warning against further tariff barriers.
Evergrande Liquidators Seek HK$19.15 Billion From Former Associates
Liquidators of China Evergrande Group filed lawsuits in Hong Kong seeking HK$19.15 billion from former business associates linked to founder Hui Ka Yan, escalating efforts to recover assets after the developer’s collapse under about $300...
China’s Manufacturing PMI Returns to Expansion at 51.2
Caixin and S&P Global data showed China’s manufacturing purchasing managers index rising to 51.2, signaling renewed expansion as factory production accelerated despite continued weakness in employment and order backlogs.
China Tightens Cost Rules to Curb Destructive Industrial Price Competition
The National Development and Reform Commission and market regulators introduced standardized cost-accounting rules aimed at identifying and penalizing manufacturers engaged in excessively low pricing and easing pressure on producer margins.
China’s Industrial Profit Growth Slows to 4.2% as Payment Delays Increase
Industrial profits rose 4.2% year on year, while accounts receivable at major enterprises climbed 9% to 29.5 trillion yuan and average collection periods lengthened to 72.2 days.
China Merchants Securities Names Former Central Banker as President
China Merchants Securities has appointed a veteran former central bank official as president, reflecting continued management changes across the financial sector following a wider anti-corruption campaign.
US Financial Firms Move to Drop Insider Trading Case Against Chinese Brokerages
American market makers have sought to dismiss insider trading litigation involving Chinese brokerages including Futu and Tiger, easing one area of cross-border financial legal tension.
China’s Golden Week Travel and Box Office Revenues Beat Expectations
Domestic tourism and entertainment spending strengthened during the Golden Week holiday, with box office receipts exceeding 1 billion yuan and providing a boost to consumer activity in a weak economic environment.
Volkswagen and Gotion Expand European Battery Partnership
Volkswagen and Chinese battery maker Gotion High-Tech have deepened their manufacturing cooperation in Europe as both companies seek to secure electric vehicle supply chains through more localized production.
JAC Motors Confirms Preliminary Talks With Huawei and Stellantis Over Maserati
China’s JAC Motors has acknowledged early-stage discussions with Huawei and Stellantis over a possible role in reviving the Maserati brand, highlighting the growing influence of Chinese automotive technology in global partnerships.
Seres and Huawei Restructure Partnership Around Aito Smart Vehicle Brand
Chinese automaker Seres and Huawei have reached a new operating agreement for the Aito brand, stabilizing a partnership that has become a prominent part of China’s software-driven electric vehicle market.
Chinese Chipmakers Explore Alternative Architectures to Work Around EUV Restrictions
China’s semiconductor industry is researching approaches including the Tau Scaling Law and other advanced architectures as companies seek to improve computing performance without access to restricted extreme ultraviolet lithography equip...
Guangzhou Tightens Housing Pre-Sale Rules and Caps Buyer Deposits
Authorities in Guangzhou have introduced stricter limits on pre-sale deposits and stronger oversight of developers in an effort to rebuild buyer confidence and stabilize the city’s residential property market.
Alibaba, DeepSeek and Other Chinese AI Models Expand Across Global Cloud Platforms
Chinese large language models including DeepSeek V3.2, MiniMax and Alibaba’s Qwen3 Coder Next are gaining wider international distribution through major cloud platforms such as Amazon Bedrock, accelerating the global adoption of China’s ...
China’s State Council Calls for Faster Infrastructure Investment and Stronger Macroeconomic Support
China’s State Council has directed ministries to accelerate investment and strengthen macroeconomic measures, placing renewed emphasis on state-led capital spending to support economic growth.
China Evergrande Liquidators Seek More Than $2 Billion From Former Business Associates
Offshore liquidators handling the collapse of China Evergrande have launched legal action to recover more than $2 billion from former associates of founder Hui Ka Yan as they seek additional funds for creditors.
China’s New Economy Index Contracts as Capital Investment and Labor Conditions Weaken
A key measure of China’s modern industrial economy declined as weaker investment and a deteriorating labor market weighed on high-tech activity, increasing pressure on policymakers to address employment and growth risks.
US and China Establish Direct Crisis Channel for Artificial Intelligence Incidents
Washington and Beijing have finalized a dedicated communication mechanism for managing artificial intelligence-related crises, creating a rare area of technological cooperation despite wider competition over semiconductors and advanced c...
Chinese Fighter Jet Conducts Close Intercept of Philippine Patrol Aircraft Over Scarborough Shoal
A Chinese J-16 fighter carried out close-proximity maneuvers near a Philippine patrol plane over Bajo de Masinloc, heightening tensions as Manila says it is monitoring more than 100 Chinese vessels inside its exclusive economic zone.
People’s Bank of China Cuts Policy Lending Rate to Support Growth
China’s central bank has lowered a key policy lending rate as authorities step up efforts to support domestic demand and keep the economy aligned with national growth targets.
Xiaohongshu Expands Into Gaming and Anime With New Digital Festival
Chinese social media platform Xiaohongshu launched a major gaming and anime festival as it seeks to broaden user engagement and compete more directly with platforms including Bilibili and Tencent.
Zhu Zhongming Elected Mayor of Shanghai
Shanghai’s municipal legislature elected former Vice Finance Minister Zhu Zhongming as mayor, placing the senior finance official in charge of China’s largest commercial and financial center.
China Golden Week Travel Tops 2.1 Billion Journeys as Bangkok Leads Outbound Destinations
Domestic travel during China’s National Day holiday reached 2.13 billion journeys, while Bangkok overtook Tokyo as the leading international destination for Chinese tourists.
U.S. Firms Move to Drop Insider Trading Claims Against Futu and Tiger Brokers
American market makers began procedures to dismiss a $100 million insider trading lawsuit against major Chinese brokerages Futu and Tiger Brokers, narrowing the case to 45 individual investors.
China New Economy Index Falls as Technology and Capital Inputs Weaken
Caixin’s New Economy Index declined in September, with high-value-added sectors accounting for 34.1% of economic inputs as labor deployment and venture capital activity softened.
Seres and Huawei Restructure Partnership Around Aito Electric Vehicles
Seres and Huawei reached a new agreement clarifying responsibilities for manufacturing and intelligent driving technology within their jointly developed Aito electric vehicle business.
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China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express
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US and Japan Step In to Support the Yen in Rare Joint Intervention
Apple’s OpenAI Lawsuit Becomes a Public Fight Over AI Hardware
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Zuckerberg Opposes US Ban on Chinese AI Models and Warns of Regulatory Capture
Magnitude 7.1 Earthquake Strikes Kumamoto as Rescuers Search Collapsed Buildings
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Another AI Genius Left the United States — and Silicon Valley Is Starting to Worry
Shein Reports $99mn Loss as Trade Barriers Test Low-Cost Model
CXMT Gains 466% in China’s Biggest IPO Since 2010
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Jingye Demands Full Compensation After Britain illegally Nationalized British Steel
Between Deliveries, Wang Jibing Wrote His Way to China’s Literary Heights
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Singapore Considers Lower Taxes for Fund Managers as Hong Kong Intensifies Talent Contest
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
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