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In Depth: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession

By passing over family in favor of seasoned professional managers, Li Shufu aims to turn his carmaking empire into an enduring modern corporation

The Hong Kong stock exchange. Photo: Li Zhihua/China News Service/VCG

Hong Kong Moves to Ease Listing Rules on Major Deals, Spin-Offs

The bourse has launched a 10-week consultation on plans to halve the threshold for transactions requiring shareholder approval and shorten the lock-up period for subsidiary spin-offs

Cover Story: Jeju Missing Persons Scandal Tests Seoul’s Criminal Justice Overhaul

An officer allegedly closed missing person cases using false safety checks, sharpening debate over police accountability as South Korea abolishes its Prosecutors’ Office

Chinese workplace romance, The Early Spring, broke into the top 10 across 22 countries and territories, according to viewership figures released by Netflix in early September. Photo: IC

In Depth: Chinese TV Producers Rewrite the Script for Global Streaming

Faced with shrinking domestic margins and tighter oversight, studios and streamers are ditching fire sales to chase global hits, higher licensing fees, and local remakes

Alibaba Unveils New AI Chip as Cloud Infrastructure Push Deepens

CEO Eddie Wu said the company aims to expand global data-center capacity beyond 20 gigawatts by 2032 and is preparing a next-generation Qwen model with up to 10 trillion parameters

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Sep 11, 2026 03:46 PM
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A humanoid robot demonstrates tea-making at the 14th China Information Technology Expo in Shenzhn on April 10, 2026. Photo: IC Photo

China’s Open-Source AI Could Narrow Global Income Gap, Economist Says

Prominent economist Justin Yifu Lin argues that China’s cost-effective, application-driven AI ecosystem will democratize technology

Sep 23, 2026 11:31 AM
Chinese President Xi Jinping holds a welcome ceremony for U.S. President Donald Trump at the plaza outside the east gate of the Great Hall of the People in Beijing on May 14, 2026. Photo: Xinhua

Commentary: U.S.-China Ties Show Signs of Stabilization, but Rivalry Endures

Renewed summit diplomacy may help Washington and Beijing manage their strategic competition, yet deeper structural tensions will continue to test both governments

Sep 23, 2026 11:21 AM
Chinese Ambassador to the U.S. Xie Feng. Photo: Chen Mengtong/China News Service/VCG

Chinese Envoy Urges U.S. To Avoid AI ‘Star Wars’ Ahead of Xi Visit

China’s ambassador to Washington Xie Feng said the two powers should compete without pursuing decoupling or confrontation, while reiterating Beijing’s red lines on Taiwan, rights and its political system

Sep 23, 2026 10:47 AM
Hu Changsheng (left), Wu Xiaojun (center), Luo Dongchuan (right)

Beijing Reshuffles Provincial Party Chiefs in Western Regions

The coordinated appointments in Xizang, Gansu and Qinghai place experienced cadres in regions central to ethnic policy, ecological security and western development

Sep 23, 2026 10:24 AM
Zou Yingguang.

Exclusive: Citic Securities Sets Leadership Transition as Veteran Chairman Retires

Zou Yingguang has been named Party chief, positioning the president to take over the board from Zhang Youjun after a transformative decade at China’s largest brokerage

Sep 23, 2026 04:28 AM
Paxini AI Technology is showcased at the Embodied AI Industry Expo in Guangzhou, Guangdong province, on Sept. 4, 2026. Photo: VCG

Embodied AI Startup Paxini Kicks Off Mainland IPO Bid Amid Sector Volatility

Backed by BYD and JD.com, the embodied AI startup enters the listing pipeline amid heightened scrutiny over robotics sector valuations

Sep 23, 2026 03:41 AM
An electronic board in the dealing room at Woori Bank's headquarters in Jung-gu, Seoul, shows the exchange rate of the South Korean won against the U.S. dollar and the closing prices of the KOSPI and KOSDAQ indexes on Sept. 18, 2026. Photo: IC Photo

BofA Projects $2 Trillion Memory Market by 2030 as Capital Shifts to Asia

Investors are rotating funds out of the U.S. and into Asian tech hubs as demand for AI hardware and power infrastructure accelerates regional economic expansion

Sep 22, 2026 11:01 PM
New energy vehicles ready for export at the Toumen Port ro-ro terminal in Linhai, Zhejiang province, on Sept. 22, 2026. Photo: VCG

Commentary: Are Exports Holding China’s Economy ‘Hostage’?

Manufacturing competitiveness has cushioned the fallout from the property downturn and local-debt retrenchment. But a durable recovery will require Beijing to rebuild household confidence, consumption and private investment

Sep 22, 2026 08:57 PM
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CX Daily: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession

By passing over family in favor of seasoned professional managers, Li Shufu aims to turn his carmaking empire into an enduring modern corporation

Sep 22, 2026 06:46 PM
Xiaomi released and open-sourced the MiMo-V2.6 series models on Sept. 22. Photo: VCG

Xiaomi Steps Up AI Investment With New Models

The Chinese company talks up the stronger reinforcement learning capabilities of its MiMo-V2.6 series models, while highlighting the greater affordability of their API services

Sep 22, 2026 06:13 PM
File photo: Gao Junfang

Ex-Chairwoman of Disgraced Vaccine-Maker Gets Life in Prison Over 2018 Scandal

An appeals court has affirmed Gao Junfang’s conviction for bribery and producing substandard products, finalizing a high-profile legal saga that triggered the bankruptcy of biotech giant Changchun Changsheng

Sep 22, 2026 04:23 PM
Zhang Youxia (left) and Liu Zhenli (right)

Two Top Generals Expelled From Communist Party in Corruption Probe

Zhang Youxia and Liu Zhenli were stripped of their party membership over allegations of massive bribery and political disloyalty

Sep 22, 2026 03:31 PM
Z.AI apologized to ZCode users on the afternoon of Sept. 18, stating that the issue stemmed from ZCode’s codebase indexing feature. Photo: VCG

Z.AI Open-Sources Coding Tool After Backlash Over Silent Data Uploads

The Chinese startup faced intense scrutiny after users discovered its ZCode programming framework secretly encrypting and uploading their workspaces to the cloud

Sep 22, 2026 03:06 PM
Qin Weizhong. Photo: VCG

Former Shenzhen Mayor Investigated Weeks After Job Transfer

Qin Weizhong, an alternate member of the Communist Party’s Central Committee, was removed from Guangdong’s legislative party leadership roster after the probe was announced

Sep 22, 2026 02:12 PM
Photo: VCG

AI Firm SiliconFlow Raises New Funds

The Chinese firm completed two financing rounds as the value of its core inference service business rises amid growing demand for tokens

Sep 22, 2026 12:55 PM
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CX Daily: Jeju Missing Persons Scandal Tests Seoul’s Criminal Justice Overhaul

An officer allegedly closed missing person cases using false safety checks, sharpening debate over police accountability

Sep 22, 2026 09:00 AM



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