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Beijing police have launched a criminal investigation into CreditEase and taken criminal measures against several suspects after the financial firm admitted that its quasi-fixed-income products had effectively defaulted and that it may be insolvent.
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Commentary: China’s rise in EVs and green technology has exposed Europe’s high energy costs and weakening industrial edge. Trade barriers won’t fix either problem.
China’s climate authorities said Friday that a super El Niño formed in September and is on course to become the strongest since systematic monitoring began in 1951, raising the risk of extreme weather through next year.
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The #IMF# has urged #China# to move away from its traditional investment- and export-driven growth model, saying the world’s second-largest economy needs a new growth model centered on consumption, services and productivity gains.
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A Chinese court sentenced former Wuhan Mayor Zhou Xianwang to 14 years in prison for taking more than 60 million yuan in bribes over more than two decades, according to a ruling announced Saturday.
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Cover Story: China’s internet giants Tencent, Alibaba and ByteDance are racing to reorganizing products and teams around AI agents that can carry out complex tasks across apps. But they are breaking new ground as they work out how to sell the software.
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Opinion: China’s R&D spending is astronomical, but producing Nobel-level breakthroughs will take more than cash. Giving researchers true autonomy, reforming how talent is evaluated, and boosting private-sector innovation are essential.
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China has proposed new regulations requiring automakers to rigorously test innovative vehicle designs before they can be sold to the public, following complaints of increased risks caused by gimmicks such as hidden door handles.
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The Chinese mainland’s bank resolution regime was rated “materially non-compliant” by the Financial Stability Board, which cited limited funding capacity and insufficient operational readiness for managing the failure of systemically important lenders.
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Chinese tech giants ByteDance and Tencent are fast-tracking the development of personal AI agents, racing to capture the consumer market following the breakout success of Meta’s new assistant, Muse.
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