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Passengers crowd a train platform in Nanjing, East China’s Jiangsu province, on Wednesday, the last day of the weeklong National Day holiday. Photo: Yang Bo/China News Service/VCG

China’s Holiday Travel Growth Slows Sharply

Cross-regional trips rose 0.6% during the National Day break, down from 6.2% last year, as high fuel prices and bad weather weighed

Porsche Overhauls Strategy as China Sales Plunge

The German luxury carmaker plans deep cuts to management and greater use of AI as it focuses more on higher-value models

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Sep 11, 2026 03:46 PM
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Photo: IC Photo

China Says It Has No Intention of Depreciating Yuan to Boost Exports

PBOC says global imbalances require structural reforms, not currency blame

Oct 09, 2026 03:57 PM
Self-driving tours to Danjiangkou in Shiyan, Hubei province, surge in popularity during the National Day holiday on Oct. 5, 2026. Photo: VCG

Commentary: China’s Golden Week Exposes a Deepening Consumer Divide

While millions hit the road for an extended 2026 holiday, shifting habits and a waning trade-in stimulus reveal a stark divergence between traditional retail and experience-driven spending

Oct 09, 2026 03:23 PM
Cheung Chung Kiu (left) and Hui Ka Yan. Photo: VCG

Chinese Tycoon Sues Evergrande Founder for $1.5 Billion

Cheung Chung Kiu’s claim conflicts with Evergrande liquidators’ allegation that Hui Ka Yan lent him HK$18.65 billion

Oct 09, 2026 03:17 PM
Photo: IC Photo

CXMT Shares Suffer Biggest Drop Since July IPO

The Chinese company lost about 290 billion yuan in market value as investors reassess the outlook for memory chip prices and industry profits

Oct 09, 2026 01:23 PM
Zhang Shuofu

Former Guangzhou Party Chief Placed Under Investigation

Zhang Shuofu, now a vice chairman of Guangdong’s legislature, is investigated after a career spanning water management, Beijing’s supervisory overhaul and Guangzhou urban renewal

Oct 09, 2026 11:59 AM
Photo: VCG

China Unveils First Nationwide Labor Rules to Protect Gig Economy Workers

The sweeping draft regulations aim to secure minimum pay, guarantee rest periods, and curb arbitrary fines for millions of delivery riders and ride-hailing drivers who currently fall outside traditional employment laws

Oct 09, 2026 10:36 AM
Yingkou, Liaoning. Photo: VCG

Midcareer Professionals Drive Migration Reversal in China’s Northeast

Drawn by cheaper housing and less intense school competition, experienced workers are seeking refuge in Liaoning, shifting the region's incoming workforce away from entry-level graduates

Oct 09, 2026 10:06 AM
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CX Daily: China Pushes LGFVs Beyond ‘Fake’ Transformation

Beijing’s regulatory tightening signals LGFVs will need to transition to creating real value through industrial investment

Oct 09, 2026 09:00 AM
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Weekly Must-Read: FAW-GAC Deal Tests a New Path for China’s Auto Consolidation

A proposed share-based transaction involving FAW Toyota could deepen ties between the two state-owned carmakers while offering policymakers a market-oriented model for restructuring the intensely competitive industry

Oct 09, 2026 09:00 AM
Visitors crowd the Huaihe Road pedestrian street in Hefei on Friday. Photo: VCG

China’s Service Industry Sales Jump Nearly 20% During Holiday

Travel and entertainment spending fueled the gains, with sales in tourism and entertainment up 23.6%, tax data showed, as holidaymakers headed to smaller cities

Oct 09, 2026 02:47 AM
Xu Chuanzhi gets sentenced Thursday by the Ningbo Intermediate People’s Court. Photo: CCTV

Former Senior Party Inspector Sentenced to 12 Years for Bribery

Xu Chuanzhi used his residual influence at the Central Inspection Group to take nearly 26 million yuan in bribes after retiring, a court found

Oct 09, 2026 12:16 AM
What is unprecedented about the current threat of AI is that it was born in the private sector. Photo: IC Photo

Commentary: The AI Arms Race Isn’t a New Manhattan Project

The White House wants to cast the technology’s development as a government-led struggle for survival, but today’s existential risks are fueled by junk bonds, tech billionaires and regulatory capture

Oct 08, 2026 11:19 PM
Executives and labor-market experts speak on a panel about AI’s impact on the workplace at the Asia New Vision Forum on Sept. 30, 2026. Photo: Caixin

Chinese Firms Are Gutting Middle-Management as AI Reshapes Work, Execs Say

Businesses are cutting middle-management layers, concentrating talent and redesigning jobs as the technology takes on more tasks once handled by employees, say executives at the Asia New Vision Forum

Oct 08, 2026 06:31 PM
Photo: VCG

Hong Kong’s Hang Seng Tech Index to Expand to 50 Stocks

Index overhaul will broaden exposure to AI, advanced hardware and other emerging technologies

Oct 08, 2026 05:39 PM
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China’s Gold Reserves Rise for 23rd Straight Month

September purchase ties largest in current buying cycle

Oct 08, 2026 03:05 PM

Tech Brief (Oct. 8): Huawei, Qualcomm Reach Patent Accord

Huawei launches Mate 90 smartphone series powered by Kirin chips, Seres and Huawei come to new agreement over Aito EV brand

Oct 08, 2026 01:51 PM



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