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A frontline rescue team responds to an emergency call to save a climber who fell off a cliff at Siguniang Mountain in Aba, Southwest China’s Sichuan province, on Feb. 16, 2022. Photo: VCG

In Depth: The Perils Behind China’s Mountain Adventure Craze

A rush of young hikers and climbers has transformed a once-niche pursuit into a mainstream pastime, but training, regulation and risk awareness are struggling to catch up

Chinese Foreign Minister Wang Yi meets with Co-Chair of the Board of Trustees of the Asia Society John L. Thornton and The New York Times columnist Thomas L. Friedman during the 2026 Global Governance Forum in Xiong’an New Area, Hebei province on Oct. 23..

Wang Yi Calls for China-U.S. Cooperation to Develop and Govern AI

Meeting with Asia Society board co-chair John Thornton and The New York Times columnist Thomas Friedman, the Chinese foreign minister said that Beijing and Washington should cooperate on global rules to keep AI under human control

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Sep 11, 2026 03:46 PM
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Photo: VCG

Audi Splits China Brands Between JV Partners to Curb Internal Competition

The German luxury carmaker is assigning its traditional four-ring brand to FAW Group and its new letter-logo electric marque to SAIC Motor in favor of a clearer brand division as domestic EV brands reshape the country’s luxury car market

Oct 27, 2026 07:04 PM
China Evergrande founder Hui Ka Yan. Photo: VCG

Hidden Basements, Pool Found at Evergrande Founder’s Seized Hong Kong Mansions

Two Peak properties once owned by Hui Ka Yan contained nearly 8,000 square feet of unauthorized additions, including a pool beneath a private road

Oct 27, 2026 04:56 PM
Zhao Chenxin. Photo: VCG

Hebei Changes Top Government Leaders Ahead of Provincial Party Congress

Zhao Chenxin becomes acting governor and Chen Shaobo arrives as vice governor before November’s gathering to select the province’s new party leadership

Oct 27, 2026 11:35 AM

Tech Brief (Oct. 27): Unitree Warns of Valuation Risks After Shares Surge More Than 65%

Apple’s debut foldable phone suffers hardware and software glitches, Moonshot AI launches more powerful Kimi model

Oct 27, 2026 11:14 AM
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CX Daily: How a High School Protest Sparked France’s Autumn of Fury

What began as protests about education evolved into a confrontation over spending cuts and living standards, deepening France’s political divide

Oct 27, 2026 09:00 AM
Unitree Robotics debuted on Aug. 19 this year, opening at 1,100 yuan per share. Photo: VCG

Unitree Warns of Valuation Risks After Shares Surge More Than 65%

Optimism about physical AI has lifted the humanoid robot maker’s shares, while the company warns that widespread commercial adoption still faces technical hurdles

Oct 27, 2026 03:48 AM
Broad-based ETFs drew 153.4 billion yuan in the week of Oct. 19–23, their largest weekly inflow of 2026. Photo: IC

China ETFs Draw Billions After Stock-Market Selloff

Broad-based funds attracted 153.4 billion yuan in a week, with analysts pointing to signs of institutional buying

Oct 27, 2026 03:02 AM
As of October, Hong Kong had 17 tokenized products available to retail investors, with total assets under management of $1.3 billion.

Hong Kong Opens Secondary Trading for Retail Tokenized Funds

Investors can buy and sell two ChinaAMC money market funds around the clock, moving beyond primary-market redemptions

Oct 27, 2026 12:41 AM
The People's Bank of China unveiled the Bond Market NBFI Swap Facility on Oct. 27. Photo: VCG

China Launches Swap Facility to Support Nonbanks During Bond-Market Stress

The central bank’s new tool will let eligible asset managers raise cash against borrowed central bank bills to address heavy redemptions

Oct 27, 2026 12:14 AM
A major road in Central, Hong Kong. Photo: VCG

Hong Kong Prepares to Issue First Ride-Hailing Platform Licenses

Approvals could begin in late November under a new regulatory system that initially caps vehicle permits at 10,000

Oct 26, 2026 11:56 PM
Founded in 1995, Oriental Yuhong primarily produces building waterproofing materials and provides waterproofing construction services, with real estate developers serving as its major clients. Photo: VCG

Properties Pass Down China’s Construction Supply Chain in a ‘Debt Relay’

Suppliers are passing homes received from developers to their own creditors, settling bills without cash but facing valuation and title-transfer risks

Oct 26, 2026 11:31 PM
Stock market data at the close of trading on Oct. 13, 2026. Photo: VCG

Commentary: When Fast Markets Collide With Long-Term Tech Investment

The tech sell-off reflects a widening gap between long-term industrial development and investors’ demands for returns. Valuation discipline can help bridge that divide

Oct 26, 2026 10:42 PM
Lin Xiucheng

Chinese Chip Billionaire Arrested as Graft Probe Widens

Lin Xiucheng’s arrest follows a probe into former Chongqing Mayor Hu Henghua, who backed Lin’s major semiconductor projects

Oct 26, 2026 07:11 PM
iPhone Duo smartphones are sold at an Apple Store on Oct. 26. Photo: VCG

Apple’s Debut Foldable Suffers Hardware and Software Glitches

Broken hinges and app incompatibility cast a shadow over the iPhone Duo, which the company hails as the most transformative handset since the launch of the first-generation iPhone

Oct 26, 2026 06:57 PM
U.S. Congressman John Moolenaar, chairman of the House Select Committee on the Strategic Competition Between the U.S. and the Communist Party of China. Photo: VCG

U.S. Proposes Expanding China Investment Controls to Biotech

Treasury’s plan could subject joint drug-development ventures, offshore spinoffs and equity investments to national-security review, while generally leaving traditional licensing deals outside its scope

Oct 26, 2026 06:27 PM
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China Cracks Down on Extortion by Financial Media Accounts

Police investigate accounts accused of using negative coverage to pressure companies into paying for its removal

Oct 26, 2026 04:11 PM



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