- TOP STORIES
In Depth: Dating Apps Build a Business Around Catfishing Older Men
Court cases show how apps marketed as local matchmaking services used false identities, paid chat operators and virtual gifts to extract millions from guys looking for romance
Hong Kong Excludes Proprietary Traders From Sweeping Tax Break Plan
The clarification refutes a media report as the city seeks to lure global capital and rival Singapore
Analysis: AI Fuels Chinese Micro-Drama Boom in U.S. as Regulators Circle
Chinese firms are using the technology to rapidly scale production and dominate the industry’s most lucrative overseas market, even as Washington moves to curb AI-generated content
World’s Largest Bank Sees Another Retail Banking Veteran Go Missing
Zhang Hangyu’s disappearance follows a string of graft cases tied to the lender’s personal banking operations
Tencent Shares Fall as AI Spending Squeezes Profit
The stock price drop underscores growing investor anxiety over the high costs of the global AI arms race, but the tech giant is betting increased token usage will deliver sustainable profits
- INSIGHT
Gallery: Zhu Rongji’s Legacy
Zhu, a fierce reformer who engineered China’s pivot to a market economy and its entry into the World Trade Organization, died Wednesday in Beijing. He was 98. While premier from 1998 to 2003, he steered the country through the Asian financial crisis by refusing to devalue the yuan and implementing proactive fiscal policies
Aug 13, 2026 07:48 PM
Business Brief (Aug. 13): China’s C919 Jet Begins Regular International Flights
Beijing rolls out a massive urban renewal project, the U.S. reportedly revokes its TikTok ban on government devices
Aug 13, 2026 07:00 PM
Commentary: Radical EV Manufacturing Shift Sets Stage for Brutal Industry Shakeout
As Chinese carmakers abandon megacasting and all-aluminum bodies for a more pragmatic approach, survival will belong to those that can adapt to the growing demands of smart hardware and carbon mandates
Aug 13, 2026 04:41 PM
Honor’s New Smartphone Doubles as a Robotic Camera Operator
CEO Li Jian says the gimbal-equipped device is the foundation for a broader AI hardware ecosystem the company is building to counter a slowdown in the domestic market
Aug 13, 2026 01:46 PM
City’s Former Top Graft-Buster Handed Suspended Death Sentence for Graft
Long Xiang, who spent years leading the fight against corruption in Nanjing, was convicted of embezzlement, insider trading, abuse of power and amassing more than 261 million yuan in bribes
Aug 13, 2026 12:10 PM
CX Daily: AI Fuels Chinese Micro-Drama Boom in U.S. as Regulators Circle
Chinese firms are using the technology to rapidly scale production, even as Washington moves to curb AI-generated content
Aug 13, 2026 09:00 AM
Commentary: What Zhu Rongji’s Exchanges With Alan Greenspan Reveal About China’s Financial Reform
Transcripts of meetings between Zhu Rongji and Alan Greenspan show how personal candor, institutional learning and cross-border cooperation helped shape a formative period in China’s financial reform
Aug 13, 2026 03:22 AM
PBOC Signals Diversified Loan Pricing Benchmarks, Greater Focus on Overnight Rates
China’s central bank said it will diversify loan-pricing references and further refine its short-term rate framework, as it seeks to improve policy transmission while keeping liquidity ample
Aug 13, 2026 02:26 AM
YMTC Overtakes Kioxia by Shipments to Rank No. 3 in Global NAND Market
Chinese memory-chip maker YMTC climbed to third place in global NAND flash shipments in the second quarter, as tight industry capacity and AI-driven demand reshaped the competitive landscape
Aug 13, 2026 01:48 AM
U.S. Market Makers Narrow Futu, Tiger Insider-Trading Suit to 45 Individuals
Susquehanna and Citadel Securities allege the defendants made $155 million from suspicious put-option trades placed before Chinese regulatory actions against the two online brokerages became public
Aug 13, 2026 12:37 AM
Standard Chartered-Led Venture Launches Hong Kong’s First Regulated Stablecoin
HKDAP debuts with access limited to corporate clients and professional investors, underscoring Hong Kong’s digital-asset ambitions while highlighting adoption challenges from mainland restrictions and global competition
Aug 12, 2026 11:30 PM
ModelBest Begins Pre-IPO Tutoring as On-Device AI Competition Heats Up
The Chinese startup is preparing for a domestic listing after rapid fundraising and a strategic push into on-device AI, with a focus on automotive and education applications
Aug 12, 2026 11:02 PM
U.S. Proposes Ban on Domestic Drone Maker Over Alleged DJI Ties
The FCC’s move signals that U.S. regulatory scrutiny is expanding beyond a company’s registration location to target manufacturing sources and technology-licensing agreements
Aug 12, 2026 10:34 PM
Former Chinese Premier Zhu Rongji, Economic Czar, Dies at 98
The fierce reformer steered China through the Asian financial crisis and championed its WTO entry
Aug 12, 2026 07:28 PM
Chinese Solar Executive Charged in Australia With Offering Bribe Hidden in a Bag of Tea
Zhu Guoxin, the country manager for manufacturer Shenzhen Growatt New Energy, has been arrested and faces up to seven years in prison for allegedly handing an official $20,000 in cash to secure product certifications
Aug 12, 2026 07:14 PM
Exclusive: China Everbright Bank VP Resigns to Helm Parent’s Asset Manager
Yang Bingbing takes over as Communist Party chief of Everbright Asset Management after a 21-year run at the lender, sources say
Aug 12, 2026 06:49 PM
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- IN-DEPTH
- In Depth: Dating Apps Build a Business Around Catfishing Older Men
- In Depth: China’s Motorcycles Have Outrun Law That Scraps Them at 13
- In Depth: China’s Renewable Energy Boom Runs Into Market Reality
- In Depth: Dangdai Founder Ai Luming Detained as Probe Into Debt Crisis Widens
- In Depth: Former Shanxi Richest Man Indicted on Mafia, Casino Charges
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