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Li Xia lies in a makeshift ICU converted from a shipping container on June 17 in Yubei district, Chongqing. He can only move one thumb, a toe, his eyes and his mouth. Fruits and vegetables are laid out in front of him, while his mother adjusts equipment at the foot of the bed, preparing for a livestream sale. Photo: Zhang Ruixue

Weekend Long Read: The Smart Farm Built by Two Digits

Struck down by Duchenne muscular dystrophy, farmer Li Xia refuses to accept defeat. From a makeshift ward in a shipping container, he uses a customized mouse to direct his mother through the grueling tasks of a high-tech harvest

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In Depth: China’s Inbound Tourism Rebounds, but Supply Gaps Cloud Outlook

Visa-free expansion and digital convenience are driving a surge in foreign arrivals and spending, but uneven service quality and talent shortages limit the sector’s potential

In Depth: How a South China Port Is Redrawing the Regional Logistics Map

Fueled by a national trade corridor and aggressive subsidies, container throughput has boomed at Guangxi’s Beibu Gulf Port, but cooling traffic and rival facilities are prompting a push for new infrastructure

The Guangzhou Futures Exchange opened its lithium carbonate futures and options to overseas traders on July 3. Photo: VCG

China Opens Lithium Futures Market to Foreign Traders

The Guangzhou Futures Exchange’s move to allow overseas participation in the critical battery metal could enhance China’s influence over global supply-chain pricing while increasing market liquidity

Alibaba Bans Staff From Using Anthropic AI Tools Over Security Concerns

Move follows claims that Anthropic embedded hidden code in Claude Code to track certain users, escalating tensions between the U.S. AI startup and the Chinese tech giant

INSIGHT
Jul 03, 2026 05:19 PM
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A battery production workshop at a factory in Wuhan. Photo: IC

China Targets 8 Trillion Yuan Recycling Industry by 2030

Beijing’s new circular-economy plan seeks to secure critical materials, cut emissions and manage waste from fast-growing clean-energy sectors

Jul 04, 2026 04:38 AM
New-energy vehicles charge at charging piles in Huai'an, Jiangsu province, on June 24, 2026. Photo: VCG

China Rolls Back Green Auto Tax Breaks as NEV Sales Surge

The policy shift, effective in 2027, aims to replenish municipal coffers and reform a tax system strained by the country’s rapid transition away from gasoline cars

Jul 04, 2026 02:15 AM
Guotai Haitong Securities in Shanghai, April 19. Photo: VCG

Guotai Haitong Becomes First Chinese Brokerage to Trade Offshore Yuan in Shanghai FTZ

The brokerage will begin offering offshore yuan spot and derivatives trading through a specialized firewall account on July 6, broadening the market beyond traditional commercial banks

Jul 04, 2026 01:47 AM

The Week Ahead (July 6-11): Major Stock Exchanges to Implement New Trading Rules

Momenta to debut on the Hong Kong Stock Exchange; the 25th China Internet Conference opens in Beijing

Jul 03, 2026 11:32 PM
Suning said June 30 that HK Express World International Ltd. bought a 100% stake in Cacious China Holdings N.V. Photo: VCG

Suning’s Carrefour China Bet Ends in $275,000 Fire Sale

The Shenzhen-listed retailer is shedding noncore assets to cut debt after years of liquidity stress and legal disputes tied to the hypermarket business

Jul 03, 2026 10:50 PM
Huang Yu

China Vanke Names Former Shenzhen Financial Regulator as President

Huang Yu takes charge of the state-backed developer as it faces mounting debt pressure, sliding sales and a critical restructuring push

Jul 03, 2026 10:18 PM
A report shows that the size of the asset and wealth management business of Chinese mainland institutions licensed and registered in Hong Kong recorded a cumulative growth of 56% between 2021 and 2025. Photo: VCG

Mainland Money Managers Drive Hong Kong Asset Boom

Net inflows to Chinese mainland asset and wealth management firms in Hong Kong rose 80% in 2025, as the city’s total assets under management hit a record HK$42.2 trillion

Jul 03, 2026 09:55 PM
Kuaishou announced progress on external funding for its video-generation unit Kling AI on Thursday. Photo: VCG

Kuaishou Secures Nearly $3 Billion for AI Video Unit

The funding round values Kling AI at $15 billion pre-money and lays the groundwork for an IPO

Jul 03, 2026 06:39 PM

Business Brief (July 3): China, U.S. Step Toward Farm Tariff Cuts

New A-share accounts jumped 74% in June, while 25 China-Japan flight routes were suspended

Jul 03, 2026 06:38 PM
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Analysis: Gold Caught in a Tug-of-War Between Asian Bulls and a Hawkish Fed

The World Gold Council projects prices to fluctuate around $4,100 as robust Eastern demand offsets Western sell-offs

Jul 03, 2026 05:36 PM
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China Business Uncovered Podcast: How China’s Tech Elite Got Burned by a Failing Luxury-Car Dealer

Baolide’s founder drew in investors linked to Alibaba, NetEase, Hillhouse and Zhejiang’s private-business circles before the company collapsed into bankruptcy

Jul 03, 2026 05:19 PM
The unified platform aims to challenge Tencent and ByteDance in China’s fiercely competitive AI productivity market. Photo: VCG

Alibaba Streamlines AI Work Tools as Competition Mounts

The e-commerce giant creates a single platform to challenge Tencent and ByteDance in China’s cutthroat productivity market

Jul 03, 2026 04:39 PM
Workers at a photovoltaic module production line in Bijie, Guizhou province. Photo: VCG

China Sets Mandatory Solar Efficiency Standards to Curb Overcapacity

Regulations aim to curb excessive competition and address a prolonged supply glut that has driven solar module prices below production costs

Jul 03, 2026 04:32 PM
South Korean President Lee Jae-myung speaks at a briefing at the presidential office Cheong Wa Dae in Seoul, June 29, 2026. Photo: Visual China

South Korea Bets on Chips and AI in Sweeping Industrial Push

President Lee Jae-myung outlined a strategic blueprint to build physical AI, data centers and new semiconductor hubs, mobilizing trillion-won investments from tech giants

Jul 03, 2026 04:29 PM
Photo: VCG

China’s Charities Contract for First Time as Donors Turn to Universities

The number of operating foundations continues to fall amid tighter government scrutiny, though large-scale gifts to elite colleges buck the downward trend

Jul 03, 2026 02:46 PM
Photo: VCG

Beijing Mandates Insurance Coverage for Hospice Care Amid Massive Supply Gap

The city will set a uniform reimbursement rate of 200 yuan per day across all hospitals as the country grapples with an aging population and a shortage of terminal care facilities

Jul 03, 2026 02:41 PM



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