Beijing Post

China Tightens Interest Rate Caps on Consumer Lending Platforms

Chinese regulators imposed stricter limits on consumer loan rates, putting pressure on online lenders’ margins as Beijing seeks to reduce household borrowing costs and support domestic consumption.

Volkswagen and Toyota Cut Petrol-Car Prices as Chinese EV Rivals Gain Market Share

Foreign automakers including Volkswagen and Toyota have introduced steep discounts on internal-combustion vehicles in China as domestic electric-vehicle manufacturers continue to erode their market share.

PBOC Extends Gold-Buying Streak to 21 Months as Hong Kong Launches Clearing System

China’s central bank made its largest gold purchase since 2023, extending its buying streak to 21 months, while Hong Kong introduced a central gold-clearing system aimed at strengthening its role in regional trading and pricing.

China Tightens Scrutiny of Offshore Debt-Swap Bonds Used by Property Developers

Financial regulators have ordered distressed developers to resubmit filings for offshore mandatory convertible bonds, signalling closer supervision of a restructuring tool used to manage defaulted foreign-currency debt.

Anthropic Accuses Chinese AI Firms of Routing User Queries Through Claude

US-based Anthropic alleged that Chinese developers including Moonshot AI and DeepSeek secretly redirected real user prompts to its Claude model through intermediary platforms, intensifying scrutiny of how Chinese large-language models ar...

China Freezes New Battery Project Approvals Amid National Overcapacity Review

Chinese authorities have halted approvals and construction of new power and energy-storage battery plants while regulators assess utilisation rates and prepare an industry warning system, as CATL separately suspended operations at its Hu...

Xi Jinping to Lead Chinese Technology and Industrial Delegation on US Visit

Chinese technology, electric-vehicle and aerospace executives are expected to accompany Xi Jinping to Washington, although expectations remain limited for major policy breakthroughs during the high-level visit.

Artificial Intelligence Is Becoming a Broader Industrial Policy System

China’s artificial intelligence push now extends beyond model development into domestic computing clusters, technical standards, startup cultivation and industrial supply chains. Rapid profit growth across electronics companies shows tha...

China Is Expanding Its Influence Through Multilateral Institutions

Xi Jinping’s forthcoming BRICS summit attendance and the launch of a China-initiated international cyber-fraud organization illustrate parallel efforts to deepen Beijing’s role in economic diplomacy and cross-border governance beyond tra...

Industrial Competition Is Moving From Guidance to Cost Enforcement

The new cost-accounting framework gives regulators a more concrete mechanism for addressing below-cost or disorderly pricing. Combined with weak automobile demand, it suggests policymakers are trying to reduce destructive competition wit...

Domestic Demand Remains Uneven Despite Firmer Price Data

The rebound in consumer and producer inflation contrasts with a steep fall in passenger-vehicle sales, suggesting that stronger commodity and industrial prices have not yet translated into broad-based household demand. The gap remains an...

Financial Policy Moves Further Toward Market-Based Signals

China’s financial authorities are putting greater emphasis on interest-rate transmission, capital-market access and targeted financing rather than relying primarily on quantitative monetary targets. The same policy cycle is also tighteni...

Property Policy Is Shifting Toward Formal Risk Resolution

New nationwide bankruptcy guidance for property developers points to a more institutional approach to clearing distressed projects and allocating losses, while strong bidding for a scarce Shenzhen residential site shows that investor dem...

China Targets More Than 10,000 New Technology SMEs Under Artificial Intelligence Support Plan

The Ministry of Industry and Information Technology’s 2026-2028 program aims to cultivate more than 10,000 technology and innovation-focused small and medium-sized companies and more than 2,000 specialized “little giant” firms in areas i...

China’s Supreme Court Sets New Rules for Property Developer Bankruptcies

The Supreme People’s Court introduced nationwide guidance for developer insolvency cases, directing courts to preserve qualifying home-purchase contracts and clarify the treatment of buyers, mortgages, unfinished projects and competing c...

China Says Foreign Investors Hold More Than 11 Trillion Yuan in Domestic Renminbi Assets

The People’s Bank of China said overseas institutions now hold more than 11 trillion yuan in mainland renminbi-denominated financial assets, while cross-border renminbi receipts and payments exceeded 50 trillion yuan in the first seven m...

China Launches International Alliance Against Cross-Border Telecom and Cyber Fraud

China inaugurated an intergovernmental anti-fraud alliance in Lianyungang with 46 founding countries, 34 observer states and representatives from organizations including the United Nations and Interpol, expanding Beijing’s role in coordi...

Prime Shenzhen Residential Site Sells at More Than 100% Premium After Property Policy Changes

A residential plot in Shenzhen’s central Futian district attracted a premium of more than 100% over its starting price in the city’s first major land auction following August property-policy changes, although the site itself was listed b...

China’s Top 1,000 Private R&D Investors Raise Research Spending to 1.59 Trillion Yuan

China’s 1,000 largest private-sector research investors increased combined research and development spending by 10.7% to 1.59 trillion yuan in 2025, with 640 companies classified as high-technology, high-value or high-growth enterprises.

U.S. Agencies Accuse Six Chinese AI Companies of Distilling American Models

A U.S. intelligence report accused DeepSeek, Moonshot AI, Alibaba, MiniMax, StepFun and Zhipu of extracting large amounts of information from leading American artificial intelligence models, though Caixin reported that the document provi...

JD.com and Moore Threads Plan 100,000-Chip Domestic AI Computing Cluster

JD.com announced plans with Chinese chipmaker Moore Threads to build a computing cluster using 100,000 domestically produced accelerators, intended to support large-model training and the company’s broader expansion into physical artific...

China’s Electronics Companies Record Sharp Profit Growth as AI Computing Demand Expands

China’s 518 listed electronics companies reported combined first-half net profit of 258.7 billion yuan, up 195.1% from a year earlier, while the broader electronic-information manufacturing sector recorded a 96.9% increase in profits as ...

China Issues 298 National Standards Covering Artificial Intelligence and Semiconductors

Chinese authorities approved 298 national standards, including 47 covering artificial intelligence and related smart services and 26 for semiconductor devices and integrated circuits, expanding the technical rulebook for strategically im...

China’s Consumer Inflation Rises to 0.8% as Producer Prices Climb 3.8%

China’s Consumer Price Index increased 0.8% from a year earlier in August and core inflation reached 1.0%, while producer prices rose 3.8% as higher global commodity costs and stronger demand in parts of industry lifted factory-gate prices.

China Introduces Cost Accounting Rules to Curb Disorderly Industrial Price Competition

The National Development and Reform Commission and market regulator established a framework for investigating production costs in industrial sectors affected by excessive low-price competition, allowing authorities to examine individual ...

China’s Passenger-Vehicle Retail Sales Fall 23.6% in August

Domestic passenger-vehicle retail sales dropped to 1.541 million units in August, down 23.6% from a year earlier, while new-energy vehicle retail sales declined 10.1%, underscoring continued weakness in one of China’s most important cons...

China Signals Greater Reliance on Interest Rates in Five-Year Financial Reform Push

The People’s Bank of China said monetary policy will gradually place less emphasis on quantitative intermediate targets and more on interest-rate transmission, while financial regulators outlined further capital-market opening, reform of...

Xi Jinping to Attend BRICS Summit in New Delhi on September 12-13

President Xi Jinping will travel to India for the eighteenth BRICS leaders’ summit at the invitation of Prime Minister Narendra Modi, marking another significant round of Chinese engagement with major emerging economies.

China Expands State Medical Insurance Access for Gig and Flexible Workers

Regulators introduced new mechanisms to bring more platform and flexible workers into the national medical insurance system, broadening coverage for a growing segment of the urban workforce.

China Coast Guard Completes 45-Day North Pacific Fisheries Patrol

China’s Coast Guard concluded an extended fisheries enforcement deployment in the North Pacific, demonstrating a broader maritime law-enforcement presence beyond the country’s immediate coastal waters.

Chinese Local Governments Cut Hidden Debt by Half in Two Years

Provincial and municipal authorities have reduced opaque off-balance-sheet liabilities through debt swaps into public bonds, easing financial pressure while limiting room for another large infrastructure-led stimulus push.

China Orders Stronger Intellectual Property Protection for AI and Emerging Technologies

The State Council issued a directive prioritizing intellectual property safeguards for advanced technologies as Beijing seeks to strengthen protection for domestic innovation and shape regulation in the fast-growing AI sector.

DeepSeek Prepares for Possible 2027 Shanghai Listing

Founder Liang Wenfeng is reportedly reviewing potential investors as DeepSeek begins discussions with investment banks over a possible domestic initial public offering while seeking to preserve strategic control of the AI company.

China’s Consumer Inflation Edges Higher as Energy and Food Costs Rise

Consumer prices increased modestly in August because of imported energy and volatile food costs, while subdued core inflation and continued factory-gate deflation signaled persistent industrial overcapacity.

AI and Semiconductor Controls Take Center Stage Ahead of U.S.-China Summit

Beijing is pressing for reciprocal safety reviews of U.S. technology companies and looser semiconductor restrictions, while Washington increases scrutiny of alleged knowledge distillation from American frontier AI models by Chinese devel...

China’s August Exports Jump 25% as Trade Surplus Reaches Record $119 Billion

China’s exports rose 25% from a year earlier in August, driven by higher prices for electronics and semiconductors, while weaker volumes in traditional manufacturing categories pointed to a more uneven underlying trade picture.

China Expands Subsidized Lending to Support Weak Domestic Demand

The Finance Ministry raised borrowing limits and widened access to subsidized credit for consumers and small and medium-sized businesses as policymakers respond to persistent demand weakness and deflationary pressures.

China Adds 11 New Technology Occupations to National Jobs Registry

The State Council added 11 digital and advanced-manufacturing professions to China’s official occupational list as policymakers seek to align vocational training with emerging industrial demand and employment needs.

Hong Kong Regulator Raids Huatai Financial Over Suspected U.S. Options Trading Irregularities

Hong Kong’s Securities and Futures Commission raided Huatai Financial Holdings as part of an investigation into suspected irregular offshore options trading linked to U.S. equities.

Airbus Cuts Long-Term China Narrowbody Forecast as High-Speed Rail Expands

Airbus lowered its long-term outlook for single-aisle aircraft demand in China, citing the continued expansion of high-speed rail and its growing impact on domestic intercity air travel.

China Coast Guard Completes 45-Day Fisheries Patrol in North Pacific

Chinese maritime law-enforcement vessels concluded a 45-day fisheries patrol in the North Pacific, extending the operational reach of China’s coast guard far beyond waters close to the mainland.

China’s Supreme Court Issues New Rules for AI Deepfakes and Copyright Disputes

China’s top court released legal guidelines covering artificial intelligence copyright infringement and synthetic-media counterfeiting as authorities seek clearer rules for generative technologies.

People’s Bank of China Extends Gold-Buying Streak to 22 Months

China’s central bank increased its gold holdings for a 22nd consecutive month as it continues diversifying official reserves and reducing reliance on the U.S. dollar.

China Expels Former Emergency Management Minister and Senior Financial Figures in Graft Crackdown

China’s anti-corruption authorities expelled a former emergency management minister from the Communist Party and pursued penalties against senior financial-sector figures as the government continued its long-running corruption campaign.