Beijing Post

China Defends Expanded Naval Presence Across the First Island Chain

China's foreign ministry rejected concerns raised in an Australian intelligence assessment and described the deployment of dozens of warships and coast guard vessels near Taiwan, Japan and the Philippines as legitimate maritime law enfor...

Young Chinese Graduates Move to Smaller Cities in Search of Manufacturing Jobs

A national employment survey showed growing numbers of university graduates are relocating from major metropolitan areas to emerging industrial centres where manufacturing and modern services are expanding and employment opportunities re...

China Welcomes United States-Iran Peace Memorandum as Strait of Hormuz Reopening Nears

Beijing welcomed the diplomatic understanding between Washington and Tehran and said the planned reopening of the Strait of Hormuz would support global energy security and help ease imported inflation pressures on China's manufacturing s...

DJI and Insta360 Expand Patent Dispute Into United States Courts

The legal battle between Chinese drone maker DJI and camera manufacturer Insta360 has broadened into the US judicial system, highlighting intensifying competition over imaging technologies and market share amid increasing regulatory pres...

China Extends Gold Buying Streak to Nineteen Consecutive Months

The People's Bank of China increased its gold holdings by 320,000 ounces in May to nearly 75 million troy ounces, marking its largest monthly purchase in more than a year and reflecting a wider shift among emerging market central banks t...

Nio Chief Executive Warns China's Passenger Vehicle Market Could Shrink by 20 Percent

Nio founder William Li said China's passenger vehicle market may contract by 20 percent this year as demand shifts from first-time buyers toward replacement purchases concentrated in major cities, signaling deeper competition and industr...

China Intensifies Financial Anti-Corruption Campaign With Investigation Into Former Bank of China Executive

The Central Commission for Discipline Inspection has launched an investigation into a former Bank of China executive linked to a major bad-loan case, extending scrutiny of the financial sector and reinforcing accountability for past lend...

China Introduces Real-Time Digital Invoicing System for Fuel Retail Sector

China's tax authorities have ordered all fuel stations to connect point-of-sale systems to a centralized digital platform by November, aiming to improve tax compliance and strengthen local government revenues through real-time data monit...

Chinese Courts Rule Companies Cannot Replace Workers Solely With Artificial Intelligence Avatars

Chinese judicial authorities have established a legal precedent that employers cannot dismiss workers solely to replace them with artificial intelligence-generated personas, responding to rising concerns over automation and employment se...

China and Indonesia Launch Cross-Border Digital Payment Network Using Local Currencies

The central banks of China and Indonesia have activated a quick-response code payment linkage that allows transactions to settle directly in renminbi and rupiah, expanding bilateral financial connectivity and reducing dependence on dolla...

China Records First Retail Sales Decline Since 2022 as Weak Consumer Demand Contrasts With Industrial Growth

China's retail sales fell 0.6 percent in May from a year earlier even as industrial production rose 5.4 percent in the first five months of the year, underscoring an increasingly uneven recovery driven by manufacturing and artificial int...

China Expands Technology Restrictions Dispute as WuXi AppTec Challenges US Military List

WuXi AppTec has sued the US Department of Defense over its inclusion on a list of Chinese military-linked companies, as Washington broadened the registry to include major firms such as Alibaba, Baidu, BYD and Nio, increasing pressure on ...

China Keeps Benchmark Lending Rates at Record Lows Despite Weakening Business Confidence

The People's Bank of China left the one-year Loan Prime Rate unchanged at 3% even as the Yicai Chief Economists Confidence Index slipped into contraction territory at 49.9. Policymakers are prioritizing currency stability and banking-sec...

Government Push for Humanoid Robots Sparks Price Wars Across China's Manufacturing Sector

A state mandate to deploy 10,000 humanoid robots by 2026 has drawn a wave of subsidized entrants into the industry. Company founders and investors warn that intense competition is already triggering destructive price wars similar to thos...

SAIC Motor to Invest 200 Million Euros in Electric Vehicle Production Facility in Spain

State-owned automaker SAIC Motor plans to invest 200 million euros in a new electric vehicle manufacturing plant in Spain. The move is designed to establish a production base inside the European market and reduce the impact of rising Eur...

Heatwaves Push China Southern Power Grid to Record Electricity Demand

China Southern Power Grid reported a record peak load of 259 gigawatts as early heatwaves swept across several southern provinces. Rising electricity demand and severe flooding that forced tens of thousands of evacuations in Guizhou are ...

Zhipu AI Rally Delivers Outsized Gains for Asia-Focused Hedge Funds

Shares of Hong Kong-listed artificial intelligence company Zhipu AI, also known as Knowledge Atlas, have climbed more than 1,000% since their January debut. The surge reflects growing investor interest in China's domestic artificial inte...

Myanmar's Min Aung Hlaing Visits China's Leading Space Technology Facility During Beijing Trip

Myanmar's leader toured the China Academy of Space Technology during his state visit to Beijing. The visit highlights deepening technological and security ties between China and the internationally isolated government in Naypyidaw.

Record Credit Growth Fails to Revive Chinese Consumer Spending

Financing flowing into the real economy exceeded 14 trillion yuan in the first four months of the year, reaching a five-year high. However, analysts say households and businesses continue to save cash or repay debt rather than increase i...

China Rejects Australian Think Tank Assessment of Missile Threat

China's Foreign Ministry has dismissed a report by Australia's Lowy Institute that warned of risks posed by China's expanding arsenal of intermediate-range ballistic missiles. Beijing said its military modernization is defensive in natur...

China Penalizes Companies for Illegally Exporting Restricted Minerals to Southeast Asia

Authorities have sanctioned at least 11 companies this year for bypassing export controls on rare earths and other critical minerals. The crackdown, which included action against a solar component manufacturer that exported unlicensed gr...

China Tightens Technology Export Rules and Creates Formal Retaliation Framework

Beijing has introduced sweeping new regulations governing technology transfers overseas and granted itself explicit legal authority to retaliate against foreign governments that restrict Chinese investment. The measures signal a firmer e...

China Drafts Two Trillion Yuan AI Infrastructure Plan Centered on Domestic Semiconductors

Beijing is preparing a five-year, two trillion yuan investment program funded by ultra-long special government bonds to build a nationwide network of artificial intelligence data centers. The plan requires 80% of hardware to use domestic...

China Welcomes US-Iran Understanding and Calls for Reopening of Strait of Hormuz

China's Foreign Ministry has welcomed the preliminary agreement between Washington and Tehran and praised Pakistan's mediation efforts. Beijing said the reopening of the Strait of Hormuz is essential for stabilizing global energy markets...

China's Credit Growth Rebounds as Weak Consumer Borrowing Clouds Recovery

New yuan lending exceeded expectations in May on the back of strong corporate financing, but persistently weak household borrowing underscored continuing challenges in rebuilding consumer confidence and shifting the economy toward consum...

China Establishes First Unified Framework to Regulate Outbound Investment and Technology Transfers

Beijing has issued comprehensive rules governing overseas investment that take effect on July 1, linking outbound capital flows to export controls and data security requirements while closing loopholes that previously allowed restricted ...

Rising Fuel Costs Threaten Recovery of China's Airline Industry

The International Air Transport Association warned that higher global jet fuel prices are squeezing the profitability of Chinese carriers, which are also contending with a slow recovery in international travel and intense competition fro...

China's Commercial Space Industry Expands With Successful Launch of Eight Satellites

A Lijian-1 Y14 carrier rocket successfully placed eight satellites into orbit from the Jiuquan commercial space innovation pilot zone, reinforcing the reliability of China's growing commercial launch capabilities and supporting broader n...

China Orders Deployment of 10,000 Humanoid Robots Across Industry by Year-End

The Ministry of Industry and Information Technology and the State-owned Assets Supervision and Administration Commission have instructed local governments and state-owned enterprises to accelerate the use of advanced robotics in manufact...

Hong Kong Positions Itself as a Global Financing Hub for Chinese Artificial Intelligence Companies

Financial Secretary Paul Chan said Hong Kong is strengthening its role as a bridge between international investors and mainland technology firms, seeking to channel capital to Chinese artificial intelligence developers facing growing geo...

China's Market Regulator Summons Walmart China Over Food Safety Violations

The State Administration for Market Regulation has initiated supervisory proceedings against Walmart China's Sam's Club operations after identifying recurring food safety issues, prompting the company to establish a task force and pledge...

Macau Appoints New Economy Chief to Drive Diversification Beyond Gaming

The State Council has approved the appointment of Ng Wai Han as Macau's Secretary for Economy and Finance as the territory seeks to reduce its dependence on the gaming industry and deepen integration with the Guangdong-Hong Kong-Macau Gr...

United States Adds Alibaba, Baidu and BYD to Military-Linked Companies List

The United States Department of Defense has designated Alibaba, Baidu and BYD as companies supporting China's military-civil fusion strategy, a claim the firms reject, with the move set to bar the US military from entering direct contrac...

ASML-Tata Semiconductor Partnership Highlights Growing Competition to China's Technology Ambitions

A new agreement between Dutch chip equipment maker ASML and India's Tata Electronics underscores the accelerating reconfiguration of global semiconductor supply chains as regional rivals expand their domestic chip industries.

SAIC to Invest Two Hundred Million Euros in Spanish Electric Vehicle Manufacturing Plant

State-owned automaker SAIC Motor plans to build a new production facility in Spain, expanding its manufacturing footprint inside the European Union as trade tensions prompt Chinese companies to localize production overseas.

Commercial Rollout of Sodium-Ion and Solid-State Batteries Faces Delays

Leading battery manufacturers, including Contemporary Amperex Technology Co. Limited, have postponed large-scale deployment of sodium-ion batteries until late 2026, while analysts expect solid-state batteries to remain commercially unvia...

China's New Home Sales Seen Falling Further as Housing Inventory Continues to Rise

Major credit rating agencies expect primary property sales to decline by another six percent through the end of 2026, with unsold housing inventory exceeding 760 million square meters and developers increasingly focused on reducing debt ...

All Chinese Provinces Adopt Carbon Peaking Targets in New Five-Year Development Plans

All 31 provincial governments have published development plans for 2026 to 2030 that commit to reaching peak carbon emissions before the end of the decade and call for major investments in solar, wind and hydrogen infrastructure.

National Development and Reform Commission Drafts Two Trillion Yuan Plan for State-Controlled Artificial Intelligence Infrastructure

China is preparing a five-year investment program worth about $295 billion to build a nationwide network of artificial intelligence data centers run by state telecommunications carriers, with at least 80 percent of equipment and chips re...

China's Electric Vehicle Industry Enters Slower Growth Phase as Competition Intensifies

Analysts at the Beijing Auto Show said the domestic electric vehicle market is entering a more challenging period marked by narrowing profit margins, weaker consumer demand and fading subsidies, pushing automakers to pursue overseas expa...

People's Bank of China Injects Six Hundred Billion Yuan to Support Banking System Liquidity

China's central bank unexpectedly injected about $88 billion through a six-month reverse repurchase operation to ensure ample liquidity as banks manage local government debt restructuring and declining corporate borrowing.

China Tightens Controls on Technology Exports and Creates Framework for Investment Retaliation

Beijing has introduced sweeping rules governing overseas transfers of critical technologies, including clean energy and rare-earth processing, while granting authorities the power to respond to foreign restrictions on Chinese investment.

New Bank Lending Contracts as Households and Businesses Prioritize Debt Repayment

Recent central bank data showed negative credit growth as households and companies cut borrowing and focus on reducing debt, adding pressure to bank earnings and weighing on broader economic momentum.

Prospects of a US-Iran Peace Deal Lift Chinese Markets and Ease Energy Security Concerns

Asian financial and commodities markets rallied on expectations that the Strait of Hormuz could reopen under a peace agreement between Washington and Tehran, offering relief from energy inflation and supply disruptions that have weighed ...

Luxury Housing Sales Recover in Shanghai and Shenzhen While Broader Property Market Remains Weak

China's tier-one cities are showing signs of a property market recovery as demand for premium projects rebounds and purchase restrictions ease, although suburban and mid-market developments continue to struggle and developers remain caut...