Beijing Post

Chinese Defense Minister Warns Against Militarism and Historical Revisionism

Defense Minister Dong Jun used the Xiangshan Forum in Beijing to warn against militarism and historical revisionism in remarks widely viewed as directed at Japan amid heightened tensions between the two countries.

China’s New Home Prices Fall Again as Property Slump Persists

New home prices declined 0.1% in August from the previous month and 3% from a year earlier, keeping pressure on household confidence, consumption and local government finances.

Western Scrutiny Expands to Chinese Connected Infrastructure and Energy Equipment

European and US regulators are increasingly examining security risks associated with Chinese-made connected infrastructure, including port equipment, electric transport systems and solar-energy technology.

Indonesian Wildfire Haze Disrupts Regional Aviation and Raises Supply-Chain Concerns

Severe forest-fire haze in Indonesia has disrupted flights and worsened air quality across parts of Southeast Asia, adding pressure to regional transportation and logistics networks.

Hong Kong Unveils First Five-Year Plan With Focus on Technology and Northern Metropolis

Chief Executive John Lee introduced Hong Kong’s first five-year economic and social development plan, placing artificial intelligence, innovation and the Northern Metropolis at the center of closer integration with national development.

Huawei Unveils New Smartphone Chip Architecture as China Pushes Technology Self-Reliance

Huawei’s latest Kirin smartphone processor uses a new vertically stacked architecture, marking another advance in the company’s effort to develop high-performance chips under continuing foreign technology restrictions.

Chinese Automakers Consolidate as Seres Takes Full Control of Aito

Chinese automakers are moving toward greater consolidation amid intense price competition, while electric vehicle maker Seres has acquired full ownership of the Aito brand from Huawei.

China Launches More Qianfan Satellites in Consecutive Sea and Land Missions

China used the sea-launched Gravity-1 rocket and land-based Zhuque-2E to place Qianfan network and technology-test satellites into low-Earth orbit as deployment of its satellite internet constellation continues.

Hong Kong Unveils First Five-Year Economic and Social Development Plan

Chief Executive John Lee introduced Hong Kong’s first five-year development plan for 2026 to 2030, with priorities including innovation investment, international talent and closer economic integration with mainland China.

China Defence Minister Warns Against Hegemonism as Wang Yi Meets Iranian Counterpart

China’s defence minister used the Beijing Xiangshan Forum to warn against militarism and hegemonism, while Foreign Minister Wang Yi held separate talks with Iran’s foreign minister in Beijing.

China Moves to Overhaul Blood Donation Rules Amid Supply Shortages

Chinese lawmakers are revising national blood donation regulations to modernize collection systems, encourage participation and address shortages as healthcare demand increases.

China’s Top-Tier Secondary Home Prices Extend Modest Gains

Pre-owned housing prices in major Chinese cities are showing signs of stabilization after years of declines, although large inventories of unfinished homes continue to weigh on prospects for a broader property recovery.

Guangzhou Schools Cut Contract Teaching Jobs as Student Numbers Decline

Public schools in Guangzhou are beginning to reduce contract teaching positions as falling birth rates translate into lower primary-school enrolment and changing staffing needs.

Huawei Unveils Tri-Fold Smartphone With Mass-Produced Proprietary Chip

Huawei introduced a new tri-fold smartphone powered by its own mass-produced logic-folding semiconductor, highlighting continued development of domestic chip capabilities despite restrictions on access to advanced foreign technology.

China Opens Pinglu Canal to Shorten Trade Routes to Southeast Asia

China has opened the Pinglu Canal in the south of the country, creating a shorter waterway from inland manufacturing areas to the Gulf of Tonkin and reducing shipping distances to Southeast Asian markets.

Chinese Regulators Order 20% Reduction in Digital IOU Balances

Chinese financial regulators have required a 20% reduction in digital IOUs used in supply-chain financing as authorities target delayed payments and financial risks affecting small and medium-sized companies.

Moonshot AI Open-Sources Kimi K3 as Chinese AI Competition Intensifies

Chinese artificial intelligence developer Moonshot AI has released its Kimi K3 large language model as open source after strong domestic demand temporarily forced the company to pause new user registrations.

China Credit Growth Slows Sharply as Industrial Output Rises 5.2%

China reported a contraction in aggregate financing and new lending as weak consumption and property investment weighed on demand, while August industrial output grew 5.2% on stronger manufacturing investment and exports.

China Reports Continued Credit Expansion as Authorities Seek Stronger Real-Economy Lending

People’s Bank of China data showed continued growth in yuan-denominated lending and broader money supply through August, highlighting Beijing’s effort to translate monetary support into stronger borrowing and investment by businesses.

China Tightens 60-Day Payment Rules to Ease Pressure on Smaller Businesses

The State Council has strengthened measures aimed at ensuring large companies pay small and medium-sized suppliers within 60 days, part of a broader effort to address persistent payment delays and improve cash flow for private businesses.

Chinese Contractor Starts Work on $4 Billion Qatar Offshore Oil Project

Offshore Oil Engineering has begun construction in Shandong on the $4 billion redevelopment of Qatar’s Bul Hanine oilfield, the largest international offshore oil and gas engineering contract undertaken by a Chinese company by value.

Philippine Defense Chief Rebukes China During South China Sea Exchange at Seoul Forum

Philippine Defense Secretary Gilberto Teodoro accused China of coercion and bullying after receiving a note from a Chinese military attaché while discussing the South China Sea at the Seoul Defense Dialogue.

LandSpace Launches 10 Satellites as China Expands Commercial Space Network

Chinese private rocket company LandSpace deployed 10 networking satellites using its methane-fueled Zhuque-2E launcher, marking another step in the expansion of China’s commercial low-Earth-orbit satellite infrastructure.

Alipay and Kaspi Expand China-Kazakhstan Cross-Border Payment Connectivity

China’s Alipay and Kazakhstan’s Kaspi are advancing payment interoperability that allows consumers to use QR-based transactions across the two markets, extending digital payment links along the China-Central Asia trade corridor.

China Unveils 4,800-Ton Shield Tunneling Machine in Zhengzhou

Chinese engineers rolled out a domestically developed shield tunneling machine with a 16.68-meter excavation diameter and a weight of about 4,800 tons, the largest of its kind yet built in China.

China Pushes Back Against Western Calls to Slow Advanced AI Development

Chinese officials and technology voices have rejected calls from prominent Western artificial intelligence executives to slow frontier-model development, arguing instead for continued domestic investment and international cooperation as ...

China Tightens Exit Controls for Citizens Linked to Sensitive Technology

New Chinese rules allow authorities to restrict overseas travel by people considered a risk to national security through violations involving technology transfers or export controls, extending Beijing’s oversight of strategically importa...

China Orders Greener Data Centers as AI Computing Demand Expands

Chinese authorities are promoting liquid cooling, waste-heat recovery, lower-power chips and greater use of renewable energy across computing infrastructure as they seek to limit the environmental impact of rapid artificial intelligence ...

China Signals New Fiscal Support as August Retail Sales Growth Slows to 0.4%

China’s August retail sales rose just 0.4% from a year earlier while fixed-asset investment weakened, increasing pressure on authorities to deploy additional fiscal and financial support as domestic demand remains subdued.

China Shifts Monetary Policy Framework Toward Market-Based Interest Rate Transmission

China’s financial authorities are placing greater emphasis on market-based interest rates, regulatory oversight and more efficient credit allocation under the country’s 2026-2030 development plans, while maintaining support for technolog...

China Targets 9,800 ExaFLOPS of Intelligent Computing Power by 2030

A new information and communications plan calls for China to reach 9,800 ExaFLOPS of intelligent computing capacity and 95% 5G user penetration by 2030, alongside preparations for eventual commercial deployment of 6G services.

China Sets Yuan Reference Rate at 6.7670 Ahead of Trump-Xi Summit

The People’s Bank of China strengthened the yuan’s daily reference rate to 6.7670 per dollar, continuing a period of currency appreciation ahead of the planned September 24 meeting between President Xi Jinping and US President Donald Trump.

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.

State-Backed Developer Pays 125% Premium for Prime Shenzhen Residential Land

A China Overseas Land and Investment unit acquired a residential site in Shenzhen's Futian district at a 125% premium, showing continued state-backed demand for scarce prime land despite broader weakness in China's property market.

Moonshot AI Open-Sources New Kimi Model as User Demand Surges

Chinese artificial-intelligence company Moonshot released its latest Kimi foundation model as open source, with heavy initial demand forcing the company to temporarily suspend new user registrations.

China Advances Law Extending Anti-Corruption Reach Beyond Its Borders

The National People's Congress began reviewing legislation that would create a legal framework for pursuing illicit asset transfers and corruption cases involving officials or funds outside China.

China's August Retail Sales Growth Slows to 0.4% as Consumer Demand Stays Weak

Official data showed retail sales increasing just 0.4% from a year earlier in August, missing expectations and underscoring persistent weakness in domestic consumption despite government measures to support demand.

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.