Beijing Post
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Wednesday, Oct 07, 2026
Beijing Post
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.
Volkswagen and Gotion Expand Battery Partnership Across Europe and Morocco
Volkswagen and China’s Gotion High-Tech established three new joint ventures for lithium iron phosphate batteries and cathode materials in Spain, Slovakia and Morocco, strengthening electric vehicle supply chains.
JAC Motors Confirms Talks With Huawei and Stellantis on Maserati
JAC Motors said it is in discussions with Huawei and Stellantis over possible technology and manufacturing cooperation involving the Maserati brand.
United States and China Agree $30 Billion Tariff Truce and Commodity Deals
The United States and China agreed to reduce tariffs on about $30 billion of each other’s goods and reached targeted arrangements covering coal, soybeans and artificial intelligence, although aviation disputes and a permanent trade frame...
Evergrande Liquidators Seek More Than $2 Billion From Former Associates
Liquidators of China Evergrande Group launched legal action to recover more than $2 billion from former business partners and associates of founder Hui Ka Yan over alleged unpaid funds and undelivered services.
Guangzhou Caps Housing Deposits at 5% in New Buyer Protection Rules
Guangzhou introduced rules limiting deposits on completed homes to 5% and delaying mortgage disbursement until construction is finished, tightening protections for residential property buyers.
People’s Bank of China Cuts Policy Lending Rate in Targeted Stimulus Move
China’s central bank reduced a benchmark policy lending rate as authorities step up selective economic support, including mortgage subsidies in Beijing aimed at reviving weak housing demand.
China Posts $378 Billion Current Account Surplus on High-Tech Exports
China recorded a $378 billion current account surplus, supported by strong exports of artificial intelligence hardware, electric vehicles and advanced manufactured goods despite ongoing trade tensions.
China Halts October Fuel Exports as Global Energy Markets Tighten
Beijing suspended October export quotas for diesel, petrol and jet fuel to prioritize domestic supply, immediately tightening Asian fuel markets and lifting regional diesel price spreads.
US Financial Firms Seek Dismissal of Insider Trading Cases Against Chinese Brokerages
Several major American investment firms have asked courts to dismiss insider trading lawsuits involving Chinese brokerages, potentially easing a source of financial-sector friction between the two countries.
China’s New Economy Index Falls as Technology Investment and Labour Inputs Weaken
Caixin’s New Economy Index declined entering October as capital deployment and labour inputs softened in advanced industries, pointing to an uneven recovery in China’s technology-driven economy.
Seres and Huawei Restructure Agreement for Aito Electric Vehicle Brand
Seres and Huawei have revised their operating agreement for the Aito electric vehicle business, clarifying their respective roles as Huawei deepens its position in automotive software and autonomous driving technology.
JAC Motors Confirms Talks With Huawei and Stellantis on Potential Cooperation
JAC Motors says it is holding exploratory discussions with Huawei and Stellantis over possible strategic cooperation, highlighting further links between Chinese automotive technology and established Western carmakers.
Golden Week Data Shows Steady but Cautious Recovery in Chinese Consumer Spending
Early National Day holiday data points to growth in domestic travel and retail activity, though per-capita spending remains restrained as households continue to favour experiences over large purchases.
Guangzhou and Wuhan Tighten Housing Rules to Support Existing Property Inventory
Authorities in Guangzhou and Wuhan have introduced new limits on buyer deposits and pre-sale practices, shifting policy toward protecting purchasers and stabilising unsold housing stock.
China’s Generative AI User Base Surpasses 700 Million
Domestic industry data shows more than 700 million people are now using generative artificial intelligence platforms in China, underscoring the scale and speed of consumer adoption across the country.
CATL Starts Battery Production at Major Hungary Plant
Contemporary Amperex Technology Limited has begun commercial production at its new electric vehicle battery factory in Hungary, expanding its manufacturing presence inside Europe and bringing supply closer to continental automakers.
Volkswagen and Gotion Expand European Battery Supply Partnership
Volkswagen and Chinese battery maker Gotion High-Tech have strengthened their agreement on local battery cell production for the German group’s European electric vehicle fleet.
China Launches Major Water Network Plan to Strengthen Drought Resilience by 2030
The National Development and Reform Commission has announced a large-scale infrastructure programme to modernise China’s water network, with the aim of reducing drought risks and protecting agricultural supply.
Huawei Launches Mate 90 Series With New Kirin 9050 Pro Chip
Huawei has released its Mate 90 smartphones with the domestically developed Kirin 9050 Pro processor and dual satellite communications, highlighting continued progress in China’s high-end semiconductor supply chain despite US export cont...
China Unveils 2026-2030 Technology Blueprint Focused on AI, Quantum Computing and Advanced Manufacturing
China’s State Council has set five-year priorities for heavier investment in artificial intelligence, quantum computing and advanced manufacturing as Beijing pushes for greater technological self-sufficiency.
Rising Youth Unemployment Fuels Calls for Stronger Labour Market Measures in China
Chinese economic commentators are calling for more aggressive employment policies as automation and the prolonged property downturn increase pressure on young graduates and weaken job creation. :chatgpt-content-reference{index="14"}
China’s New Economy Index Falls as Technology Investment, Capital and Hiring Weaken
An index tracking China’s new economy sectors declined as venture capital activity, technology investment and skilled hiring softened despite continued government stimulus efforts. :chatgpt-content-reference{index="12"}
Chinese AI Models Lead Weekly Global Usage Rankings, State Media Says
Data cited by Chinese state media indicates that domestically developed large language models are leading some global weekly usage measures, reflecting rapid growth in China’s generative artificial intelligence sector despite restriction...
Chinese Manufacturers Build Deeper Southeast Asian Supply Chains as Global Tariff Pressure Rises
Chinese manufacturing and logistics groups are moving beyond simple export models by building more integrated regional supply chains across Southeast Asia to serve local demand and reduce exposure to rising trade barriers. :chatgpt-conte...
Guangzhou Caps Property Deposits in Effort to Protect Buyers and Stabilise Housing Market
Authorities in Guangzhou introduced tighter rules limiting advance deposits on property purchases as the city seeks to protect consumers and restore confidence amid financial stress among private developers. :chatgpt-content-reference{in...
Volkswagen and Gotion Expand European Battery Manufacturing Partnership
Volkswagen and Chinese battery maker Gotion High-Tech are deepening their manufacturing cooperation in Europe, increasing the integration of Chinese battery technology into the region’s automotive supply chain. :chatgpt-content-reference...
Huawei and Seres Restructure Partnership Around Aito Electric Vehicle Brand
Huawei and Seres reached a new operating agreement covering the Aito electric vehicle brand, clarifying intellectual property arrangements as Huawei expands its role as a supplier of intelligent driving technology. :chatgpt-content-refer...
Jianghuai Confirms Talks With Huawei and Stellantis Over Potential Maserati Revival
Jianghuai Automobile Group said it is in exploratory discussions with Huawei and Stellantis over the technological and commercial revival of Maserati, highlighting deeper cooperation between Chinese technology firms and established Europ...
Chinese Equipment Maker Hit With Major Penalty in Intellectual Property Theft Case
A Chinese machinery manufacturer received an unusually large penalty for intellectual property violations, setting a tougher compliance benchmark for domestic companies and foreign investors watching China’s legal environment. :chatgpt-c...
Chinese Outbound Investment Hits Record $214 Billion as Companies Shift Toward Smaller Overseas Deals
Chinese companies invested a record $214 billion abroad as capital increasingly moved away from traditional mega-deals toward mid-sized acquisitions and greenfield projects across emerging markets. :chatgpt-content-reference{index="1"}
People’s Bank of China Cuts Policy Lending Rate to Support Growth and Credit Demand
China’s central bank reduced a key policy lending rate to inject liquidity and lower borrowing costs as Beijing seeks to revive weak corporate credit demand and stabilise the broader economy. :chatgpt-content-reference{index="0"}
Zhu Zhongming Elected Mayor of Shanghai in Leadership Transition for China’s Financial Hub
Former vice finance minister Zhu Zhongming was elected mayor of Shanghai, installing one of China’s youngest provincial-level leaders as the city seeks stronger fiscal discipline and renewed foreign business confidence. :chatgpt-content-...
China Targets Large-Scale Commercialisation of Solid-State Batteries by 2030
State-backed research institutes and Chinese battery manufacturers are accelerating development of all-solid-state batteries, with Beijing targeting broad commercial deployment by 2030. :chatgpt-content-reference{index="5"}
FAW and Guangzhou Automobile Group Consolidation Signals New Phase in China’s Auto Restructuring
The consolidation of First Automotive Works and Guangzhou Automobile Group marks a major test of Beijing’s efforts to streamline China’s crowded state-owned auto sector and build larger manufacturers capable of competing through intense ...
China Opens Third Overseas Military Base With New Facility in Laos
The People’s Liberation Army has begun operations at the Ban Keun facility in Laos, establishing what the source notes describe as China’s third overseas military base and extending Beijing’s logistical presence in mainland Southeast Asi...
US Market Makers Narrow Insider Trading Case Against Futu and UP Fintech
American market makers reduced the scope of a major insider trading lawsuit involving Futu and UP Fintech, cutting the number of targeted defendants to 45 individuals.
Chinese Economists Call for Stronger Action on Youth Employment
Domestic economists and commentators are urging Beijing to expand service-sector job creation as automation and the property downturn deepen employment pressures on young graduates.
Critical Mineral Shortages Raise Global Industrial Concerns as China Retains Strong Position
Mining and industry executives are warning that rising demand from artificial intelligence and clean energy could strain critical mineral supplies, while Chinese state-owned groups remain dominant in key extraction and refining segments.
Ford CEO Defends Chinese Battery Technology Partnerships
Ford’s chief executive defended the company’s reliance on Chinese battery technology amid political criticism in Washington, highlighting tensions between US industrial policy and electric vehicle supply-chain realities.
Chinese Manufacturers Deepen ASEAN Supply Chain Integration to Navigate Trade Barriers
Chinese industrial and logistics companies are increasingly shifting processing and assembly into Southeast Asia as they adapt to tighter trade restrictions in North America and Europe.
China’s Generative AI User Base Surpasses 700 Million
Industry data show the number of generative artificial intelligence users in China has exceeded 700 million, highlighting the rapid domestic adoption of AI services despite restrictions on access to advanced US semiconductors.
Guangzhou Caps Buyer Deposits and Tightens Oversight of Housing Pre-Sales
Guangzhou authorities introduced new limits on property deposits and stronger escrow supervision for pre-sale housing projects in an effort to protect buyers and reduce developer default risks.
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China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express
Hyper-Realistic Reborn Dolls Draw Collectors Seeking Comfort and Craft
Success: Nvidia Turned Gaming Chips Into the Engine of the AI Boom
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
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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