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Manus has resumed operating independently under its founding team. Photo: VCG

Manus Resumes Independent Operations After Meta Deal Collapses

AI startup Manus has returned to independent operations under its founding team after Meta’s acquisition fell apart, underscoring rising regulatory barriers to cross-border tech deals

Beijing Scraps Longstanding Tax Break for Foreign Investors’ Dividends

The policy, introduced in 1994 to lure foreign capital, had remained in place despite earlier signals it would be removed. Authorities say the new rules take effect Tuesday

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Aug 28, 2026 03:48 PM
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Tourists at the Jiuzhaigou scenic area in Sichuan province on June 5, 2026. Photo: VCG

China’s Summer Travel Boom Loses Heat

China’s summer tourism season this year fell short of industry expectations, exposing a shift toward budget-conscious, small-group and county-level travel amid broader economic headwinds

Sep 02, 2026 12:22 PM
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CX Daily: How China’s New Housing Rules Rewrite Property Financing

Mortgages for presold homes will be withheld until projects are completed, forcing developers and banks to rethink how construction is financed

Sep 02, 2026 09:00 AM
A construction site of a COLI project in Huai'an, Jiangsu province, on March 23, 2026. Photo: VCG

Premium City Focus Lifts COLI Past Poly in China Property Sales Race

COLI generated more revenue despite selling less floor area, highlighting how concentration in Beijing, Shanghai, Shenzhen and other high-value markets is reshaping the contest among state-backed developers

Sep 02, 2026 02:13 AM
The construction site of CATL's factory in Debrecen, Hungary, on May 5, 2024. Photo: VCG

CATL’s Hungary Cell Plant Halted After Nickel Exposure Incident

Hungarian regulators ordered the Chinese battery maker to fix workplace safety deficiencies before starting operations, adding to mounting pressure on Chinese manufacturers after a change in government

Sep 02, 2026 12:43 AM
The incident arrives during a critical window for Xingyu as it pursues a listing in Hong Kong. Photo: VCG

Mass Dismissals at Chinese Auto Supplier Draw Scrutiny From Global Carmakers

Changzhou Xingyu Automotive Lighting Systems, a supplier to several global brands and an IPO aspirant in Hong Kong, is facing compliance questions after dismissed graduates took complaints beyond China’s labor-arbitration system

Sep 01, 2026 10:57 PM
Shein began trading on the Hong Kong Stock Exchange on Sept. 1, 2026. Photo: VCG

Shein’s Debut Falls Flat as Valuation Sinks From Peak

The fast-fashion giant fell nearly 10% intraday as regulatory scrutiny in the U.S. and Europe exacerbated a sharp deceleration in revenue growth

Sep 01, 2026 06:19 PM

Business Brief (Sept. 1): China Targets 60 Trillion Yuan in Retail Sales for 2030

The industry ministry launches a special initiative to cultivate AI application service providers

Sep 01, 2026 05:23 PM
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Commentary: The Asymmetric Fracture of Global AI

Washington and Beijing are building rival technology blocs. But while hardware supply chains can be ring-fenced through policy, a porous software layer guarantees that a clean break is both technically and strategically impossible

Sep 01, 2026 04:21 PM
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Huawei Profit Plunges as R&D Spending Hits Record High

The Chinese tech giant’s profit fell to 23.4 billion yuan as soaring material costs and massive investments in fundamental technologies overshadowed a 9.6% rise in revenue

Sep 01, 2026 04:13 PM
The Urumqi Intermediate People's Court in the Xinjiang publicly announced the first-instance verdict in the bribery and embezzlement case of Liu Kuanren, former vice chairman of the Central Committee of the China Association for Promoting Democracy and former vice chairman of the Shaanxi Provincial Committee of the Chinese People's Political Consultative Conference on Aug. 31, 2026. Photo: CCTV News

Former Top Political Adviser and Acclaimed Musician Sentenced to 15 Years for Corruption

Liu Kuanren, celebrated as a master of traditional Chinese instruments, took millions of dollars in bribes and embezzled public funds through fake performance contracts

Sep 01, 2026 03:57 PM
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China Factory Contraction Slows as Orders Rebound

Manufacturing PMI rises to 49.8, but weak services and construction underscore uneven economic recovery

Sep 01, 2026 02:41 PM
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China’s Social Security Fund Posts Best Return in Five Years

The pension reserve fund capitalizes on market dips, recording a 13.2% investment return last year to bolster the buffer for an aging population

Sep 01, 2026 02:16 PM
File photo: Du Shangze. Photo: People’s Daily

China Promotes First 1980s-Born Official to Vice-Ministerial Rank in State Media

Du Shangze, a 44-year-old veteran political reporter, has been named deputy editor in chief of the People’s Daily, marking a major generational milestone in Beijing’s tightly controlled political hierarchy

Sep 01, 2026 01:13 PM
Momenta's Level 3 autonomous driving solution will first be installed in the Audi E7X developed with SAIC Motor Corp. Ltd. Photo: VCG

Momenta to Mass-Produce Level 3 Autonomous Vehicles, Eyes Subscription Model

Chinese autonomous-driving supplier says production rollout could begin in 2027 as regulation catches up

Sep 01, 2026 01:05 PM
Xia Xuanze(left), Wang Wei

China’s Sports Graft Probe Deepens as Two More Top Badminton Officials Fall

Dual probes into former Olympic medalist Xia Xuanze and previous executive Wang Wei effectively gut the association's upper ranks, mirroring the devastating sweeps that previously overhauled Chinese soccer

Sep 01, 2026 12:26 PM
Liu Jianyang

Jiangsu’s Top Personnel Official Investigated in Graft Probe

Liu Jianyang, who ranked fourth in the provincial leadership hierarchy, is the 48th senior cadre ensnared by Beijing’s top anti-graft watchdog this year

Sep 01, 2026 11:29 AM



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