China

What makes the Chinese export surge today different from its first, in the 2000s?

The company, officially known as China Petroleum & Chemical Corp., earned 23.8 billion yuan in the first half of last year

Chinese household consumption is stabilizing and even starting to rebound in some categories like high-end cosmetics, improving sentiment on China in the luxury sector

Chinese humanoid robots broke records set by humans, including beating Usain Bolt's 100-meter sprint world record, on the opening day of the Olympics-like World Humanoid Robot Games in Beijing. More than 2,000 humanoid robots were participating in the event, the organizer said. The five-day games, now in its second year, are a spectacle demonstrating China's rapid progress in advanced robotics as the technology race with the U.S. heats up, with 51 events and more than 1,000 competitions taking place including running, table tennis and soccer. The games, which are taking place in the National Speed Skating Oval built for the 2022 Winter Olympics, opened the same week as Beijing held the 2026 World Robot Conference, where companies showcased around 3,000 products, including humanoid robots. China makes the majority of the world's humanoid robots. The U.S. has stepped up scrutiny of robots from the country. Last month, the U.S. Federal Communications Commission announced a ban on imp

Sales at the 25 biggest luxury labels in China dropped more than 10% in July, according to three research firms surveyed by Bloomberg that track industry data

Tesla and other Chinese carmakers are making a major recall of more than 4 million vehicles over safety concerns mostly related to their door handles, according to Chinese authorities on Friday. The US carmaker is recalling about 2.98 million China-made and imported EVs including Model 3, Model Y, Model X and Model S over door handle safety risks, according to China's State Administration for Market Regulation. The recall, the largest this year according to Chinese media, comes a few months after Chinese authorities said in February that starting next year, it would be banning hidden car door handles that are commonly seen on Tesla electric vehicles and many Chinese EV models. China has stepped up scrutiny recently on hidden, or flush, car door handles following EV accidents in the country and elsewhere, in which cars' hidden electronic doors failed and trapped people inside. In a notice on the Chinese regulator's website, it cited safety risk. In extreme situations, such as a seve

A court in southern China's Guangzhou said Friday it had accepted a bankruptcy liquidation case against Evergrande's mainland Chinese property development unit

The revised ​regulations would cover outbound investments by companies, other organisations and individuals, expanding from existing rules, which came into effect in 2018

Top ministers for Indonesia and China discussed increasing defence cooperation and strengthening food and energy security between the two Asian nations during meetings on Friday in Jakarta. Indonesian Foreign Minister Sugiono said they aimed to ensure a new bilateral dialogue delivered progress toward their priorities for strengthening cooperation: political, economic, security, maritime and people-to-people relations. China's Foreign Minister Wang Yi said Indonesia and China also agreed to better coordinate on their major priorities of development and security, so as to provide strong safeguards for the modernisation of both countries. "We will jointly oppose unilateral bullying and power politics. We must also remain vigilant against attempts in the region to challenge the outcomes of victory in World War II and turn back the wheel of history. We should safeguard international fairness and justice, as well as the legitimate rights and interests of developing countries," Wang said

Alibaba's capital expenditure rose 75% to 67.68 billion yuan in the quarter ‌ended June 30, as it continued to invest in AI infrastructure.

China was Iran's 2nd-largest trading partner in 2025, behind the UAE, which this week cut all economic ties with Tehran after accusing it of firing ballistic missiles at UAE's territory

The property tycoon was convicted of fundraising fraud and bribery, while Evergrande and its onshore unit were fined 15.82 billion yuan

While it is not the first Chinese humanoid robot maker to go public, its debut is expected to set the tone for a slew of domestic rivals preparing to ​come to market.

The decline in US manufacturing jobs began decades before China's WTO entry. The bigger challenge is helping workers and regions adapt to economic disruption

China's youth unemployment rose to 17.9 per cent in July, the second-highest in recent years, as a record 12.7 million university graduates entered the shrinking job market amid economic slowdown, according to official data released on Wednesday. The jobless rate for those aged 16-24, excluding students, rose three points to 17.9 per cent from 14.9 per cent in June, the data released by the National Bureau of Statistics said. The 17.9 per cent official figure was the second highest after the 17.8 per cent rate recorded in June and 18.9 per cent in August last year. The rise in the youth unemployment rate coincides with the entry of a record 12.7 million university graduates in July/Aug, up by four per cent from last year. The unemployment rate for those aged 25-29 also rose to 7.2 per cent in July, up from 7.1 per cent in June. Unemployment in China was not much of an issue until a decade ago, as the economy in the past expanded at exceptionally high rates, generating millions of

The successful recovery marks a major step in China's push to develop lower-cost, reusable rockets, with LandSpace becoming only the fourth entity globally to recover a launch vehicle

China on Tuesday rolled out a series of measures to boost consumption in its counties and smaller cities to revive sluggish domestic demand, which has become a major source of its economic slowdown. The measures herald a policy shift to boost domestic demand from top cities and tap the potential of vast lower-tier markets as a new source of economic growth, an official announcement here said. The government calls for upgrading consumption channels in counties, including renovating township commercial centres, rural markets and local fairs. It includes encouraging domestic and international brands to open regional debut stores and promote the revitalisation of existing land resources to improve services, according to the guideline issued by the Ministry of Commerce. The lower-tier markets, generally referring to third-tier and smaller cities, counties, townships and rural areas, account for about 70 per cent of China's population and 60 per cent of total retail sales of consumer ...

Jinping invoked the legacy of his predecessor Jiang Zemin to advance his own economic and global policy agenda, warning of "high winds and rough waters"

The service, officially called the China-Europe Arctic Express and branded by the Chinese carrier as the 'Ice Silk Road', will sail along Russia's Northern Sea Route

President Donald Trump's war against Iran is stretching the limits of US aircraft carriers and leaving the western Pacific without one of the key American warships as China shows more signs of aggression. The USS George Washington is departing the Pacific and expected to replace the USS Abraham Lincoln in the Middle East amid growing concerns about mental health and supply issues aboard the long-deployed carrier. The Lincoln has had its time at sea extended from its original May return date to support operations against Iran. The lack of a US carrier in the Pacific may be short-lived if the Navy deploys another in the next couple of months. But it shows how the open-ended operations with Iran are running some American sailors ragged, analysts say, while the Trump administration further retreats from the Asia-Pacific region and focuses on the Western Hemisphere. "The administration says that the Pacific is supposed to be the most important behind the Western Hemisphere," said Greg ..