Beijing Post

China Says Some Local Officials Falsified Progress on Hidden-Debt Reduction

China's anti-graft watchdog and Finance Ministry identified local officials accused of overstating improvements in debt restructuring as Beijing continues replacing off-balance-sheet borrowing with more transparent bond financing.

Chinese Demand for U.S. Tech Funds Strains Offshore Investment Quotas

Chinese asset managers are cutting daily purchase limits after strong retail demand for U.S. technology stocks depleted Qualified Domestic Institutional Investor quotas and pushed some offshore fund premiums sharply higher.

China's August Export Surge Reflects Higher Semiconductor Prices More Than Volume Growth

Customs data showed exports rising 25% in August, but analysis indicated much of the increase was driven by higher prices for semiconductors and artificial-intelligence chips rather than a broad recovery in manufacturing volumes.

China Pushes FAW and Guangzhou Auto Toward Consolidation as EV Competition Intensifies

State-owned FAW Group is taking a strategic stake in Guangzhou Automobile Group as Beijing seeks greater efficiency, reduced overcapacity and stronger competitiveness against private electric-vehicle manufacturers.

China Moves to Curb Below-Cost Price Wars Across Industry and Automotive Sectors

The National Development and Reform Commission and market regulators introduced standardized cost methodologies to determine whether manufacturers are selling below cost, stepping up efforts to contain destructive pricing competition.

China Tightens Scrutiny of Overseas Investment by Removing Reporting Threshold

Draft rules from the National Development and Reform Commission would eliminate the previous $300 million threshold for reporting overseas reinvestment, expanding government oversight of corporate and individual capital flows abroad.

China Tightens AI Oversight as State Security Chief Calls for Centralized Controls

China's Ministry of State Security called for stronger national oversight of large language models and training data, citing risks from foreign systems and open-source vulnerabilities to domestic cyber infrastructure and national security.

XPeng Deploys Humanoid Robots on Factory Assembly Lines

Chinese electric-vehicle maker XPeng has integrated its own humanoid robots into factory operations, moving the technology from prototype development into practical industrial use.

Meituan and McDonald’s Launch Dedicated Urban Drone Delivery Route

Meituan and McDonald’s opened a commercial drone delivery corridor in China, expanding the use of low-altitude logistics technology for routine food deliveries in major urban markets.

Premier Li Qiang Pushes Urban Renewal Over Debt-Fueled Property Expansion

China’s State Council directed local governments to prioritize renovation of aging infrastructure, public facilities and industrial zones as Beijing seeks to support domestic demand without returning to large-scale property expansion.

Taiwan Warns Technology Executives Over New Chinese Border Security Rules

Taiwan’s Mainland Affairs Council cautioned technology workers and corporate executives traveling to mainland China after new rules expanded customs powers to search digital devices and restrict departures.

Zhipu AI Raises About $5 Billion for Next-Generation Models

Chinese artificial intelligence developer Zhipu AI completed a financing round worth about $5 billion to fund new generative models as domestic investment continues to concentrate in strategically important technology sectors.

Huawei Unveils 7.2-Terabit Optical Module for AI Data Centres

Huawei introduced a near-package optics module capable of transferring data at 7.2 terabits per second, advancing China’s efforts to develop domestic networking technology for large-scale artificial intelligence infrastructure.

China Tightens Crackdown on Hidden Local Government Debt

China’s anti-graft watchdog and Finance Ministry have publicly targeted officials accused of falsifying debt-reduction progress and creating new off-balance-sheet liabilities as Beijing intensifies efforts to contain municipal financial ...

China Introduces New Rules to Curb Manufacturing Price Wars

The National Development and Reform Commission and market regulators issued new cost-accounting standards designed to identify and penalize illegal below-cost pricing as authorities respond to deflationary pressure and shrinking industri...

China Rebukes U.S. Proposals to Restrict Chinese AI Development

China’s foreign and state security ministries criticized calls by Anthropic executives for Washington to curb Chinese artificial intelligence capabilities, warning that tighter technology restrictions could deepen global fragmentation.

China Targets Nearly 10,000 Exaflops of AI Computing Capacity by 2030

The Ministry of Industry and Information Technology set a target to roughly quadruple China’s intelligent computing capacity by 2030, accelerating state-backed infrastructure development for advanced artificial intelligence models.

China Housing Presale Reforms Set to Cut Local Government Land Revenues by 30%

New restrictions preventing developers from accessing presale funds before project completion have cooled land auctions across major Chinese cities, with analysts projecting a 30% decline in local government land revenues in 2026.

China’s Credit Growth Slows as Weak Borrowing Demand Persists

People’s Bank of China data showed aggregate financing to the real economy fell by 2.64 trillion yuan year-on-year in the first eight months of 2026, even as broad money supply expanded by 7.5%.

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.

Ant Group Launches AI Payment and Trust System for Complex Digital Commerce

Ant Group has introduced an artificial intelligence-based payment framework using large language models to automate escrow and dispute resolution across multi-party transactions in China’s digital economy.

China Publicly Names Local Officials Over Hidden Government Debt Violations

Central authorities have identified provincial and municipal officials responsible for concealing local-government liabilities, reinforcing Beijing’s campaign against off-balance-sheet borrowing.

China Introduces Cost Rules to Curb Below-Cost Industrial Price Wars

Regulators have introduced rules preventing manufacturers from selling below production cost as Beijing seeks to limit damaging price competition and protect corporate profitability across heavily contested industries.

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.