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In Depth: As China’s Hidden Local Debts Shrink, a New Challenge Emerges

Resolving LGFVs’ sprawling operational debts is running into complications, partly in the form of a tangle of high-interest, noncompliant debt that banks are reluctant to touch

China Taps Industry Veteran Ding Xiangqun to Lead Top Financial Regulator

Former Bank of China executive and provincial official becomes the first woman to head China’s financial supervisory system as Beijing steps up efforts to contain financial risks

China Steps Up Enforcement of Critical Mineral Export Controls

Authorities fined or prosecuted companies for illegally shipping rare earths, graphite and other strategic minerals as Beijing tightens oversight of critical supply chains

INSIGHT
Apr 24, 2026 06:57 PM
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Former Shaolin Temple Abbot Sentenced to 24 Years in Jail

Shi Yongxin, the controversial figure who transformed the ancient martial arts monastery into a global business empire, pleaded guilty to charges including embezzlement and bribery

May 30, 2026 03:33 AM

The Week Ahead (June 1-7): Nvidia Kicks Off GTC; Regulators Review Unitree IPO

FedEx completes freight business spin-off, OPEC+ members meet to discuss oil production increases

May 30, 2026 12:30 AM

China AI Developer Zhipu Hits Record $112 Billion Valuation

Hong Kong-listed Zhipu briefly topped HK$880 billion in market value as investors bet on rapid revenue growth and enterprise demand despite mounting losses and fierce competition

May 29, 2026 11:10 PM

Volvo Cars Gets Permit to Sell Connected Vehicles in U.S.

With the authorization, the Geely-owned automaker will not be affected by upcoming bans on Chinese-linked automotive technologies

May 29, 2026 07:34 PM

Citic Securities to Raise $2.4 Billion to Fund Overseas Expansion

Brokerage to inject proceeds into Hong Kong unit

May 29, 2026 07:15 PM

Top Stories of the Month: Chinese Savers Move Beyond Bank Deposits as Rates Fall

Insurance products are attracting more household savings as falling rates erode deposit returns

May 29, 2026 06:43 PM

China Struggles to Expand Commercial Insurance Coverage for Innovative Drugs, Report Says

Despite efforts to ease pressure on state-run healthcare, commercial insurers covered just 7.8% of the country’s innovative drug and device market last year, as pricing, data and access barriers continue to constrain growth

May 29, 2026 06:37 PM

Shenzhen Steps Up Battle on Tobacco After Hitting 2030 Goal

The southern metropolis aims to persuade another 250,000 residents to quit smoking while joining a new Greater Bay Area campaign to tighten use and sales controls

May 29, 2026 05:51 PM

EU Fines Temu 200 Million Euros for Letting in Unsafe Products

The European Commission penalized the Chinese e-commerce platform under the Digital Services Act for failing to prevent the sale of illegal goods

May 29, 2026 05:49 PM

In Depth: Deadly Mine Blast Exposes Hidden Operations in China’s Coal Sector

The explosion in Shanxi, which killed at least 82 people and is the country’s deadliest coal mine gas incident in more than a decade, exposes long-standing industry problems, including weak oversight and safety lapses

May 29, 2026 04:54 PM

China Unveils Sweeping Five-Year Urban Renewal Plan

Upgrades aim to revitalize aging homes, communities and pipelines

May 29, 2026 04:26 PM

Analysis: Shenzhen Defies China’s Demographic Slump With Continued Population Growth

Young migrants and a powerful industrial base are driving the southern tech hub’s expansion, helping it attract more residents than any other major city

May 29, 2026 01:03 PM

Weely Must-Read: China’s Tech Sector Catches AI Funding Fever

Foundation model startups, memory-chip makers and established internet giants are accelerating fundraising and IPO plans as they chase Silicon Valley-sized valuations

May 29, 2026 10:00 AM

CX Daily: Why China’s Carmakers Fear Falling Behind Without Huawei

Through partnerships with Chinese automakers, Huawei is evolving into an influential force shaping the future of smart EVs

May 29, 2026 09:00 AM

Economists Urge Export Tax Rebate Cuts as Trade Surplus Hits Record

Researchers and policy advisers say scaling back some export tax rebates could ease trade tensions and free fiscal resources to boost household consumption and rural incomes

May 29, 2026 12:38 AM

Chery-Backed Joint Venture Launches Micro-EV Brand in Japan

The Singapore-based venture plans to build electric micro-cars in China and export them to Japan by 2027

May 28, 2026 11:47 PM



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