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In Depth: Inside Indonesia’s Surprise Pivot to Resource Nationalism

Without warning or industry consultation, Jakarta unveils a radical plan to strip private traders of their export rights and transfer absolute pricing power to the state

Tencent Lets AI Agent Make Purchases Through WeChat Pay

The integration with WorkBuddy allows the agent to search for deals, initiate payments and deduct funds after user approval, as Chinese tech giants race to turn AI agents into gateways for consumer services

In Depth: As Retired Battery Wave Approaches, China Moves to Clean Up Recycling

A flood of new entrants chasing a still-scarce supply of spent power cells has left the industry fragmented and largely unprofitable

China Tightens Control Over Strategic Minerals With Sweeping New Rules

New regulations cover everything from mining rights and production to stockpiling and environmental restoration, as Beijing makes critical minerals a national security priority

China Expands Digital Yuan’s Global Reach

The move extends cross-border e-CNY payments to jurisdictions including Singapore, the UAE and Brazil

INSIGHT
Apr 24, 2026 06:57 PM
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Tech Brief (June 17): Ant Revamps Alipay With AI Assistant in Biggest App Overhaul

SiliconFlow raises $294 million as China’s AI inference demand surges, Alibaba unveils Qwen-Robot AI models

Jun 17, 2026 07:43 PM

Business Brief (June 17): Central Banks Expected to Keep Buying Gold

Alibaba unveils its first embodied AI model, while China plans safety standards for automated driving

Jun 17, 2026 07:16 PM

Deflation Weighs on China’s Fast-Moving Consumer Goods Market

Total FMCG spending edged up 0.9% last year, but growth was offset by a 2.6% decline in average selling price, an industry report shows

Jun 17, 2026 06:57 PM

China Tweaks Short-Term Rates to Better Steer Markets

The move advances a shift toward a price-based monetary policy framework

Jun 17, 2026 06:47 PM

China Unveils Repo Facility to Manage Offshore Yuan Liquidity

The tool expands funding channels for foreign monetary authorities as China pushes to internationalize its currency

Jun 17, 2026 05:24 PM

Yum China Buys Pizza Hut’s Mainland Business

With the $1.2 billion deal, the company moves from the chain’s franchisee to its owner, eliminating the need to pay licensing fees

Jun 17, 2026 02:56 PM

China Securities Watchdog Reshuffles Regional Leadership

Moves include naming a regulatory veteran to head the Shandong bureau and filling a retirement vacancy in Jiangsu

Jun 17, 2026 11:46 AM

CX Daily: As Retired Battery Wave Approaches, China Moves to Clean Up Recycling

A flood of new entrants chasing a still-scarce supply of spent power cells has left the industry fragmented and largely unprofitable

Jun 17, 2026 09:00 AM

Galaxea AI Chief Says China Could Lead Robotics Models Within Three Years

CEO Gao Jiyang says China’s data and hardware supply chains could give domestic embodied AI developers an edge over U.S. rivals

Jun 17, 2026 04:55 AM

Lululemon Apologizes After Great Wall Yoga Event Sparks Drum Controversy

The athletic-wear brand pulled promotional materials after critics said a performance billed as featuring traditional Chinese drums used Japanese taiko instead

Jun 17, 2026 03:43 AM

SiliconFlow Raises $294 Million as China’s AI Inference Demand Surges

The Series B round highlights renewed investor appetite for Model-as-a-Service providers as enterprise adoption of AI agents strains computing capacity

Jun 17, 2026 03:09 AM

Ant Revamps Alipay With AI Assistant in Biggest App Overhaul

The redesign adds a chatbot-style interface to help users navigate more than 10,000 services, while keeping payments and transfers under manual control

Jun 17, 2026 02:47 AM

China Aims for New-Energy Heavy Trucks to Reach 40% of Sales by 2030

Eleven government agencies pledge infrastructure and financial support to put more than 1.6 million new-energy heavy trucks on the road

Jun 17, 2026 12:47 AM

China’s Top Cities Extend Secondhand-Home Price Rebound

Pre-owned home prices in Beijing, Shanghai, Guangzhou and Shenzhen rose for a third straight month, though weakness persists across smaller cities

Jun 17, 2026 12:29 AM

Tencent-Backed AI Chipmaker Wins IPO Approval

Enflame plans to raise 6 billion yuan from the planned Shanghai listing to develop next-generation chips, with a goal to turn a profit by 2027

Jun 16, 2026 07:28 PM

Business Brief (June 16): Foreign Investors Favor Chinese Stocks and Bonds

ACE Robotics raises hundreds of millions of dollars, Alibaba denies rumors that logistics arm Cainiao is disbanding

Jun 16, 2026 06:35 PM



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