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In Depth: How the Gree Windfall Got Squandered

After the southern Chinese city of Zhuhai sold its economy’s crown jewel, the state-capital binge that followed produced immense debt, a string of troubled acquisitions and a retreat from the promise of a new industrial era

INSIGHT
Apr 24, 2026 06:57 PM
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China’s Machinery, Tech Exports Hit Record as U.S. Shipments Rebound

Mechanical and electrical exports climbed to a monthly high, offsetting weakness in consumer goods while lower effective U.S. tariffs helped revive bilateral trade

May 19, 2026 09:17 PM

CNOOC Targets 3,000-Meter Drilling in Deep-Sea Energy Push

China’s offshore energy giant aims to expand ultra-deep-water production as Beijing intensifies efforts to secure strategic ocean resources

May 19, 2026 08:55 PM

Fugitive New Energy Executive Repatriated to China for Suspected Corruption

Liu Liang, general manager of state-backed Sichuan Chuantou New Energy, was brought back to China a month after fleeing a graft investigation

May 19, 2026 06:59 PM

Robot-Dog Maker Deep Robotics Seeks $370 Million Shanghai IPO

Hangzhou maker of robot dogs plans to raise 2.5 billion yuan as subsidies, inventory growth and modest humanoid sales draw scrutiny

May 19, 2026 06:35 PM

China Tightens Steel Capacity Swap Rules as Profits Shrink

China’s industry ministry raises nationwide replacement ratios and limits capacity transfers as steelmakers face oversupply and shrinking profits

May 19, 2026 06:07 PM

Business Brief (May 19): China Pushes AI-Manufacturing Integration

Beijing upgrades departure tax refunds to boost inbound spending

May 19, 2026 05:53 PM

China’s Used Home Prices Extend Gains in Major Cities as Upgrade Demand Recovers

Secondhand home prices in Beijing and Shanghai led April gains as bargain listings dried up and buyer confidence improved, though the broader property market remains sluggish

May 19, 2026 04:51 PM

Analysis: Chinese Savers Move Beyond Bank Deposits as Rates Fall

Insurance products are attracting more household savings as falling rates erode deposit returns

May 19, 2026 04:28 PM

Commentary: The Quiet Rise of an Asian Economic Security Alliance

Driven by Middle East energy disruptions and rare-earth export controls, a middle-power alliance anchored by Australia is quietly reshaping regional supply chains

May 19, 2026 04:21 PM

Commentary: Inside China’s Evolving Anti-Sanctions Playbook

By officially shielding five petrochemical companies from American blacklists, Beijing signals the maturation of an institutional framework designed to combat unwarranted extraterritorial jurisdiction

May 19, 2026 03:28 PM

Exclusive: Lü Tiangui Seen as Next China Citic Bank President

Banking veteran expected to fill top role after months-long vacancy

May 19, 2026 01:27 PM

Memory Shortage Works Out for Chinese Chipmaker CXMT

Driven by an AI data center boom and surging memory prices, the company returned to profitability in the first quarter of this year, giving a boost to its Shanghai IPO plans

May 19, 2026 01:25 PM

Beijing Fast-Tracks Novel Drugs as Medical Approvals Surge

The country’s drug evaluation agency registered a jump in new drug and clinical trial applications, signaling a robust pivot toward healthcare innovation

May 19, 2026 11:27 AM

China Pushes for Parrot Fever Vaccine as Human Cases Surge

A booming exotic pet economy is driving up human psittacosis infections, prompting agricultural officials to add the vaccine to a fast-track development list

May 19, 2026 11:14 AM

CX Daily: Beijing Summit Signals a Reset in U.S.-China Relations

Xi Jinping and Donald Trump seek to redefine relations through the lens of ‘constructive strategic stability’

May 19, 2026 09:00 AM

Hong Kong Raises Alert Level as WHO Declares Ebola Outbreak a Global Emergency

The World Health Organization warns the outbreak of a rare Ebola strain in the Democratic Republic of the Congo and Uganda is likely larger than reported

May 18, 2026 07:43 PM



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