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In Depth: China’s New Graduates Get Hired, Then Cut Loose

Rescinded offers and probationary layoffs are leaving young workers scrambling for lower-level jobs — and questioning whether any first gig is secure

China’s State Administration of Foreign Exchange released its balance of payments report for the first half on Tuesday. Photo: VCG

China Posts $378 Billion Current Account Surplus Driven by Strong Exports, AI

Two-way AI product trade surged 48% in the first half, though soaring domestic demand for computing hardware left the country with an $88 billion deficit in the segment

Cover Story: FAW-GAC Deal Tests a New Path for China’s Auto Consolidation

A proposed share-based transaction involving FAW Toyota could deepen ties between the two state-owned carmakers while offering policymakers a market-oriented model for restructuring the intensely competitive industry

Florian Krampe speaks at the Asia New Vision Forum on Sept. 29. Photo: Caixin

AI Boom Faces Growing Threat From Climate Change, Researcher Says

Extreme weather and climate risks could disrupt power and water supplies underpinning AI development, while inadequate insurance coverage leaves investors exposed to disaster risks, Florian Krampe says at the Asia New Vision Forum 2026

In Depth: Chinese Machine Maker Hit With Massive Penalty in Landmark IP Theft Case

A Chinese engineer was jailed for stealing technical drawings, and his new employer was ordered to pay $57 million in one of the country's largest-ever intellectual-property judgments

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Sep 11, 2026 03:46 PM
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Malaysia’s Deputy Minister of Investment, Trade and Industry Sim Tze Tzin speaks at the 2026 Asia New Vision Forum Innovation Summit in Singapore on Tuesday. Photo: Caixin

Southeast Asia Can Be More to China Than Just a Buyer, Malaysian Official Says

ASEAN and its northern neighbor should move their relationship toward equity partnerships, tech transfers and integrated supply chains, Malaysian deputy minister says at the 2026 Asia New Vision Forum

Sep 30, 2026 01:53 AM
The headquarters of the People’s Bank of China in Beijing on Sunday. Photo: VCG

China’s Central Bank Cuts Policy Lending Rate in Targeted Growth Push

The PBOC has lowered the PSL rate to 1.5% and pumped hundreds of billions of yuan into targeted relending programs for infrastructure, tech innovation and small businesses

Sep 29, 2026 11:45 PM
The central government will launch its first mortgage interest subsidy targeting low-income groups on Oct. 1. Photo: IC Photo

Beijing Steps In With Mortgage Subsidies to Revive Housing Demand

A new one-year trial offers a 1-percentage-point rate discount on qualifying first homes, cutting borrowing costs by roughly one-third

Sep 29, 2026 11:15 PM
Residential towers in Shanghai’s Huangpu district on Tuesday. Photo: VCG

Shanghai Eases Shift to New Home Sales Rules as Developers Face Cash Squeeze

The rules seek to balance a national mandate to phase out pre-sales — a model that fueled developer defaults and stalled projects — against companies’ immediate funding needs

Sep 29, 2026 10:44 PM
On Sept. 29, 2026, the Intermediate People's Court of Foshan, Guangdong province, publicly pronounced the first-instance verdict in the bribery case of Peng Xiaochun, former vice chairman of the CPPCC Guangxi Zhuang Autonomous Region Committee. Photo: CCTV

Former Guangxi Political Adviser Gets Suspended Death Sentence for $39 Million in Bribes

Peng Xiaochun was convicted of taking more than 263 million yuan over nearly two decades, including in the months before he was placed under investigation

Sep 29, 2026 08:25 PM
The People’s Bank of China. Photo: VCG

China Urges Banks to Expand Financing for AI, Asset-Light Service Firms

Eight government departments call for more financing options for asset-light firms

Sep 29, 2026 06:19 PM
A panel discussion at the Asia New Vision Forum 2026 in Singapore on Sept. 29. Photo: Caixin

AI Boom Redraws Global Tech Map, Industry Executives Say

Geopolitical tensions are fragmenting chip supply chains even as model development stays global, while AI agents are reshaping software, power infrastructure and corporate organizations, industry executives say at the Asia New Vision Forum 2026

Sep 29, 2026 05:22 PM
Heng Swee Keat delivers a speech at the Asia New Vision Forum 2026 in Singapore on Sept. 29. Photo: Caixin

‘Build Bridges, Not Walls’: Ex-Singapore DPM Calls for Global Resilience

Heng Swee Keat says stability, adaptation and cooperation are key to navigating technological and geopolitical shifts

Sep 29, 2026 03:58 PM
Panel discussion about Asia as a stabilizing force at the 2026 Asia New Vision Forum Innovation Summit in Singapore on Sept. 29, 2026. Photo: Caixin

U.S.-China Ties to Shape Asia’s Strategic Room, Experts Say

Speakers at the Asia New Vision Forum 2026 in Singapore say regional autonomy, policy flexibility and a more stable U.S.-China relationship are critical as geopolitical fragmentation intensifies

Sep 29, 2026 02:54 PM
Photo: VCG

Chinese Phone-Makers Raise Prices of Flagship Models as Memory Costs Surge

Vivo, Oppo, Xiaomi and Honor pass higher component costs to consumers while betting bigger on AI and video recording features to differentiate their latest devices

Sep 29, 2026 02:39 PM
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China Targets Large-Scale Solid-State Battery Use by 2030

The five-year blueprint highlights the technology as a strategic priority despite hurdles in commercialization and innovation

Sep 29, 2026 11:36 AM
File photo: Takeshi Iwaya. Photo: VCG

Former Japanese Foreign Minister Visits Beijing to Shore Up Economic Relations

Takeshi Iwaya leads a 50-member business delegation to Beijing as Tokyo and Beijing preserve economic channels despite their Taiwan dispute

Sep 29, 2026 10:01 AM
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CX Daily: FAW-GAC Deal Tests a New Path for China’s Auto Consolidation

A proposed deal between state-owned carmakers FAW and GAC could offer policymakers a market-based model for restructuring the auto industry

Sep 29, 2026 09:00 AM
Wang Guangyou, a former director of the Hubei Securities Regulatory Bureau.

Ex-Provincial Securities Regulator Expelled From Party

Wang Guangyou, former head of the Hubei Securities Regulatory Bureau, stands accused of illegally trading stocks and meddling in securities law enforcement in exchange for very large bribes

Sep 29, 2026 04:29 AM
A 16-year-old Hong Kong student’s death at a U.K. summer camp exposes gaps in Britain’s guardianship industry, which has no national licensing or training rules for those caring for 26,000 international boarders. Photo: VCG

Hong Kong Student’s Death at U.K. Camp Was Preventable, Review Finds

Inquiry chronicles persistent failures by the 16-year-old’s boarding school, host families and summer camp to share information, assess risks and draw up a safety plan

Sep 29, 2026 12:20 AM
Zou Yingguang, the new chairman of Citic Securities. Photo: File photo

Citic Securities Names New Chairman to Replace Retiring Industry Veteran

Zou Yingguang, who will temporarily retain his general manager duties, steps up to lead China’s largest brokerage after a decade in which the firm quadrupled its assets

Sep 28, 2026 11:29 PM



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