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China Proposes Easing Foreign Exchange Rules for Trade and Payments

The draft would expand payment firms’ business scope and simplify settlement and reporting requirements, though industry participants say compliance costs could limit the benefits

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Sep 11, 2026 03:46 PM
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Analysis: Anthropic’s IPO Tests AI’s Growth Story Against Its Costs

Surging enterprise revenue and a first quarterly operating profit bolster the Claude developer’s case, but nearly $800 billion in computing commitments and limited shareholder control complicate the offering

Nov 05, 2026 03:41 AM
SpaceX made its Nasdaq debut in June 2026, with its market capitalization briefly approaching $3 trillion.Photo: VCG

Leo Group, Tomales Bay Agree in Principle to Settle $2.5 Billion SpaceX Suit

The U.S. investment firm sought more than $2.5 billion from the Chinese company over a failed share purchase. Settlement terms were not available

Nov 05, 2026 02:13 AM
China Datang Corp. Ltd. held a supply chain coordination meeting for the Fuxin coal-to-natural gas project on Nov. 2 in Fuxin, Liaoning province, marking the project's official entry into the production and supply phase. Photo: China Datang

China Restarts Stalled Coal-to-Gas Project After Decade-Long Halt

Datang’s Fuxin facility begins supplying the national pipeline network as higher imported LNG prices improve its economics

Nov 05, 2026 01:20 AM
Workers inspect chips in a cleanroom at a semiconductor company in Suqian, Jiangsu province. Photo: VCG

Taiwan Weighs Tighter Controls on Chip Exports to Chinese Mainland

Proposed Trade Act amendments would expand restrictions and double the maximum prison sentence for illegal exports, while experts question their deterrent effect

Nov 05, 2026 12:49 AM
Guests watch election returns at an election-night gathering in Dallas on Nov. 3, 2026. Photo: Ian Halperin/IC photo

Commentary: Midterm Results Offer Little Relief for U.S.-China Ties

A divided government might hit pause on broad-based tariff hikes, but strategic competition with Beijing remains set in stone as Congress shifts its focus toward supply-chain controls and outbound investment limits

Nov 04, 2026 09:15 PM
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China Finalizes Rules to Overhaul Asset Management Trust Sector

New rules set investment caps and performance fee limits for 25 trillion yuan sector, with firms given until end-2029 to comply

Nov 04, 2026 06:58 PM
The Shenyang Intermediate People’s Court announced the first-instance verdict in the bribery case of Liu Shaoyong on Nov. 3. Photo: CCTV News

Ex-China Eastern Chairman Sentenced to 14 Years for Bribery

Liu Shaoyong was found guilty of accepting more than 67.5 million yuan in illicit payments during his two decades at the helm of two major state-owned airlines

Nov 04, 2026 06:13 PM
File photo: Guo Ningning. Photo: VCG

Fujian Names Former Banker Guo Ningning Acting Governor

The appointment puts Guo on course to become China’s first woman born in the 1970s to hold full provincial rank

Nov 04, 2026 05:19 PM
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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