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In Depth: AI Agents Ignite Global Battle for the Future of Payments

From Alibaba to Google, companies are racing to control AI-driven payments — a shift that could redefine commerce and upend financial gatekeepers

War-Driven Fuel Shock Sends Global Airfares Soaring

Jet fuel prices jump 143% as supply disruptions ripple across airlines, forcing cuts and fare hikes

In Depth: China Looks to ‘Experience Economy’ for a Consumption Lift

Record-breaking Lunar New Year data reveal a structural pivot as travelers prioritize local traditions and immersive attractions over traditional sightseeing, sparking hopes for a new engine for domestic consumption

Former Peking University Vice President Indicted in Bribery Probe

Prosecutors say Ren Yuzhong, once the youngest vice president at China’s premier academic institution, used senior posts to secure favors for others and accepted ‘especially huge’ sums

Mar 19, 2026 06:38 PM
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China’s ‘Fixed-Income Plus’ Funds Hit by Redemptions on Profit-Taking

Outflows persist as market volatility and geopolitical tensions prompt investors to cut exposure

Mar 25, 2026 03:25 PM

Business Brief (March 25): China Discovers World’s Second-Largest Light Rare Earth Mine

China’s AI token calls hit 140 trillion in March; Chinese banks cut long-term deposit rates

Mar 25, 2026 03:12 PM

Japanese Military Officer Arrested After Breaking Into Premises of China Embassy in Tokyo

Beijing demands a thorough investigation and severe punishment after an active-duty Japanese Ground Self-Defense Force officer infiltrated its Tokyo diplomatic compound armed with an 18-centimeter blade

Mar 25, 2026 01:48 PM

Hormuz Insurance Crunch Sends Shipping Costs Soaring

War risk premiums jump to as high as 10% as insurers pull back and coverage becomes scarce

Mar 25, 2026 01:11 PM

Tech Brief (March 25): Xiaomi Logs First Quarterly Profit Drop Since 2022

China’s daily AI token calls surpass 140 trillion, China Telecom cuts 2026 capital expenditure

Mar 25, 2026 12:08 PM

CX Daily: China Looks to ‘Experience Economy’ for a Consumption Lift

Record-breaking Lunar New Year data reveal a structural pivot as travelers prioritize local traditions and immersive attractions

Mar 25, 2026 09:00 AM

Commentary: China Needs More Than Rules to Curb SOE Corruption

Top-down mandates and negative lists will only go so far unless paired with robust, bottom-up institutional checks and balances

Mar 25, 2026 01:07 AM

China Telecom to Boost AI Spending Amid Capex Cut and Slowing Growth

State-owned carrier plans to slash network spending to fund a 26% jump in computing power investment as 2025 revenue and profit growth flatlines

Mar 25, 2026 12:38 AM

China’s Wang Yi Urges Peace Talks in Call With Iranian Foreign Minister

Foreign Minister Wang Yi tells his Iranian counterpart that ‘talking is always better than fighting’ amid escalating regional tensions

Mar 24, 2026 11:40 PM

China Greenlights Controversial Poyang Lake Dam After Decades of Debate

The project aims to fight chronic dry spells, but scientists warn it could disrupt critical habitats for migratory birds and endangered porpoises

Mar 24, 2026 11:24 PM

WeRide Announces $100 Million Buyback as 2025 Revenue Surges 90%

Autonomous driving firm’s net loss shrinks by a third as it expands its self-driving fleet and finds profitability in Middle East markets

Mar 24, 2026 10:21 PM

Mixue Profit Jumps as China Store Boom Offsets Overseas Pullback

Beverage chain adds nearly 13,800 net stores at home; management says foreign retrenchment reflects a new phase of optimization, not weaker demand

Mar 24, 2026 09:51 PM

Siemens Unveils 26 China-Made Products in Industrial AI Push

The German engineering giant introduced new hardware and software tools tailored for the Chinese market, ramping up its push to integrate artificial intelligence into manufacturing

Mar 24, 2026 06:27 PM

Guangzhou Explores Expanding Use of Housing Vouchers for Displaced Residents

The plan comes as new developments in the city increasingly focus on large, high-end homes, pushing many to turn to resale housing to remain in their original neighborhoods

Mar 24, 2026 06:21 PM

China Probes Senior Financial Official in Anti-Graft Push

Zhou Liang, a vice minister at the National Financial Regulatory Administration, oversaw state-owned banks and policy lenders before the investigation

Mar 24, 2026 06:00 PM

Alibaba’s Qwen Launches AI Ride-Hailing Feature to Rival Didi

Users can now book trips, ask for specific car features, and arrange complex travel routes using natural language prompts on the Qianwen and Didi apps

Mar 24, 2026 05:35 PM



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