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At least 25 mid- and senior managers at Sinopec Group have been investigated over the past two years.

Analysis: At Least 25 Sinopec Executives Ensnared in Two-Year Anti-Graft Sweep

The investigations align with multiple rounds of disciplinary inspections by the central government and the state-owned oil giant’s internal party committee

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Sep 11, 2026 03:46 PM
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Fu Chengyu. Photo: VCG

In Profile: The Rise of a State Oil Executive Now Under a Graft Investigation

From studying petroleum engineering in the U.S. to steering two of China’s largest oil companies, Fu Chengyu built his career on market reforms and overseas acquisitions

Nov 04, 2026 03:56 PM
Estée Lauder said China sales rose 9% from a year earlier to $614 million in the third quarter. Photo: VCG

Global Beauty Giants Regain Momentum in China

Estée Lauder and L’Oréal outpaced China’s broader cosmetics market, while homegrown brand Proya’s underlying sales weakened

Nov 04, 2026 03:50 PM
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China to Accelerate Work on Comprehensive AI Legislation

Economic-planning official says Beijing will also expand rules governing data, computing power and algorithms, with safety standards covering AI’s full life cycle

Nov 04, 2026 12:20 PM
A medical escort explains to an older patient how to collect prescription medication at a traditional Chinese medicine hospital in Beijing. Photo: VCG

China Sets First National Standard for Medical-Escort Services

New requirements limit workers’ duties and put registered organizations at the center of an industry expanding as the population ages

Nov 04, 2026 11:42 AM
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CX Daily: Leapmotor Sees Sales Accelerate, but Profits May Stall in a Saturated Market

Challenges lie ahead for China’s gravity-defying NEV startup as it strives to hit its 1 million vehicle sales target

Nov 04, 2026 09:00 AM
Photo: VCG

China’s Self-Driving Firms Turn to Heavy Trucks for New Growth

Zhuoyu and Pony AI are expanding into highway freight, betting that smart driving technology will help address problems including driver shortages and grueling working conditions

Nov 03, 2026 07:24 PM
Xiao Yuanqi speaks at the Global Financial Leaders’ Investment Summit in Hong Kong on Nov. 3. Photo: Wang Xiaoqing/Caixin

China Regulator Warns AI Investment Boom Crowds Out Traditional Industries

Concentrated capital inflows are raising borrowing costs and debt risks for conventional businesses, Xiao Yuanqi says

Nov 03, 2026 07:00 PM
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Earnings Growth at China-Listed Companies Slows Sharply

Financial-sector profit declines and moderating technology growth weigh on earnings

Nov 03, 2026 04:47 PM
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Book Review: The Outsiders Who Built Apollo

William Cohan’s “Money to Burn” brings back memories of a decade at the firm — and the intellect, grit and unforgiving discipline behind its extraordinary growth

Nov 03, 2026 03:56 PM
Photo: VCG

Meituan Unveils New AI Model Trained on Homegrown Chips

Designed to handle long-range agent tasks, LongCat-2.5 aims to help merchants analyze channel profits, detect growth issues and propose strategies for allocating resources

Nov 03, 2026 12:06 PM
Photo: IC Photo

China Prosecutors Detail Data-Sale Networks Linked to Overseas Scams

Data brokers used property listings and sham job ads to supply overseas buyers, exposing citizens to telecom and online scams

Nov 03, 2026 11:14 AM
Guo Yonghang

Former Guangzhou Party Chief Faces Prosecution in Corruption Case

China’s disciplinary watchdog says Guo Yonghang traded official favors for money and valuables and accepted free high-end medical care from business owners

Nov 03, 2026 10:27 AM
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CX Daily: The Global Tech Selloff Tests the Economics Behind AI Boom

Anthropic’s IPO filing offers investors a potential valuation benchmark as the costs of the AI investment race come to the forefront

Nov 03, 2026 09:00 AM
A CSRC official said Nov. 2 that the regulator is reviewing rules on price-support buybacks, refining incentives for long-term investment and expanding investment products. Photo: VCG

China Moves to Support Stocks With Buyback and Liquidity Measures

Beijing eases repurchase rules, prepares another round of its swap facility and makes lending support for buybacks and stake increases permanent

Nov 03, 2026 01:08 AM
Tencent and Visa plan to deepen cross-border payment ties

Tencent, Visa Expand Partnership in Cross-Border Payments and AI

The companies plan to improve travel payments and remittances into WeChat Pay while exploring enterprise AI and agent-driven commerce

Nov 03, 2026 12:12 AM
The People's Bank of China will conduct swap facility operations for securities, fund and insurance companies on Nov. 3, with a one-year term that can be extended. Photo: VCG

Central Bank to Conduct Third Swap Facility Operation

Thirty-one securities and mutual fund companies have applied for more than 100 billion yuan under the market-support program

Nov 02, 2026 11:53 PM



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