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Cover Story: China’s Power Market Enters a More Volatile Era as Prices Go Real Time

As spot trading spreads and renewable capacity surges, China’s move toward market-based electricity pricing is bringing sharper price swings, higher balancing costs and new strains for power retailers, generators and industrial users

U.S. Adds 43 Chinese Firms to Forced Labor Blacklist

The change is the single largest expansion of the list, which Washington uses to stop goods made by companies accused of human rights abuses from being imported into the U.S.

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Jul 31, 2026 04:23 PM
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Business Brief (Aug. 3): Chinese AI Models Sweep Top Five in Global API Calls

OpenAI slashes prices for GPT-5.6 models by up to 80%, China expects 4 trillion yuan direct investment in computing power networks

Aug 03, 2026 06:39 PM
Chinese mathematicians Deng Yu (far left) and Wang Hong receive the Fields Medal on July 23 at the opening of the 2026 International Congress of Mathematicians in Philadelphia. Photo: VCG

Opinion: How China’s Fields Medal Triumph Offers a Beacon for Its Scientific Future

To stay globally competitive, the country must foster an environment that respects knowledge, rewards international collaboration, and plays the long game in foundational research

Aug 03, 2026 06:00 PM
Photo: VCG

Commentary: Moving Beyond Nostalgia for ‘Old Hong Kong’

From the perspective of cross-border transactions and institutional interfaces, Stephen Roach mistakes a historical transition for the end of a city’s value

Aug 03, 2026 04:42 PM
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CX Daily: China Shuts Multibillion-Dollar Loophole to Offshore Markets

Regulators have ordered brokerages to halt new cross-border swaps for private funds, closing a channel that raised concerns about leverage

Aug 03, 2026 09:00 AM
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Weekend Long Read: The 100-Million-Tree Bet to Halt China’s Desert

A nonprofit-led planting campaign has helped restore degraded land in Inner Mongolia, illustrating the promise and limits of ecological restoration in one of the country’s driest regions

Aug 01, 2026 12:49 PM
Xin Baoan

Former State Grid Chairman Comes Under Anti-Graft Investigation

China’s top disciplinary authorities announced a probe into Xin Baoan, extending scrutiny of the state-owned energy sector

Aug 01, 2026 02:38 AM
Taipingling Nuclear Power Plant in Guangdong province. Photo: VCG

Beijing Clears Eight New Reactors as China Accelerates Nuclear Buildout

Most of the newly approved units will use the domestically developed Hualong One design as Beijing pushes to expand operating nuclear capacity to 110 million kilowatts by 2030

Aug 01, 2026 02:13 AM
DeepSeek released the official version of its DeepSeek-V4-Flash model on July 31. Photo: VCG

DeepSeek Releases Official V4-Flash Model as China’s AI Race Intensifies

Startup says the updated model delivers stronger agent capabilities and better benchmark results, while maintaining aggressive pricing amid mounting competition

Aug 01, 2026 01:37 AM

The Week Ahead (Aug. 3-9): Hong Kong Launches T-Bond Futures, SpaceX Lock-Up Expires

Toyota halts production following the Kumamoto earthquake, Canada implements its foreign influence registry, and Unitree Robotics begins its IPO price inquiry

Aug 01, 2026 12:44 AM
Older residents exercise in a park in Huai’an, Jiangsu province, June 28, 2026. Photo: VCG

China’s Elderly Population Tops 323 Million as Aging Pressures Mount

New official data show China added more than 100 million people aged 60 and older in a decade, intensifying strains on pensions, eldercare services and the shrinking workforce

Aug 01, 2026 12:23 AM
A SkyNomad model is on display at a Xiaomi store in Dongguan, Guangdong province, on July 30, 2026. Photo: VCG

Xiaomi Unveils New Extended-Range EVs Amid Cooling Market

The tech company’s first hybrid launch comes as extended-range and plug-in hybrid sales weaken, inventories rise and Xiaomi faces pressure to revive EV momentum

Jul 31, 2026 11:32 PM

Tech Brief (July 31): ByteDance Reshuffles Workplace Tool Feishu in AI Push

Robotics startup Unitree launches $620 million STAR Market IPO, Zhongji Innolight slides in Hong Kong debut following $7 billion IPO

Jul 31, 2026 06:59 PM

Business Brief (July 31): GPU Prices Spike as AI Demand Strains Supply

China denies reports of supplying missiles to Iran; EU issues preliminary anti-dumping ruling on Chinese sodium benzoate

Jul 31, 2026 06:37 PM
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ByteDance, MiniMax Roll Out Upgraded AI-Video Models

Seedance 2.5 and H3 have been designed to create longer content as both companies double down on multimodal context understanding

Jul 31, 2026 06:07 PM
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U.S. Firms to Shrink Asset Freeze in Insider Trading Suit Over China Regulatory Leak

Susquehanna International and Citadel Securities plan to scale back blanket court order following pushback from retail investors who claim they were unfairly caught in the dragnet

Jul 31, 2026 06:01 PM
Photo: Geng Tongxue Jiang Gushi

Nature Retracts Two Papers by Chinese Scientists Following Blogger’s Fraud Crusade

Nature pulling the studies follows institutional probes that led to the dismissal of two university deans for severe academic misconduct

Jul 31, 2026 05:54 PM



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