China's September Trade Rises 7.9% in USD Terms
China's September trade rises 7.9% in USD terms, as Trump threatens a 100% tariff and German luxury carmakers keep losing ground in China.
2025 Newsletters
BYD's Yangwang U9 Sets 496 km/h Production Car Record
BYD's Yangwang U9 Xtreme sets a 496 km/h production-car speed record, while an Arc'teryx fireworks display in Tibet draws ecological scrutiny.
China's August Data: Steady Industry, Modest Retail Recovery
China's August data shows steady industrial and services growth with a modest retail recovery, while CATL launches its NP3.0 battery platform in Munich.
China Plans Asteroid Defense Test to Redirect a Space Rock
China announces a kinetic asteroid-defense mission, Russia offers visa-free entry to Chinese tourists, and railway paper vouchers near retirement.
Cambricon Overtakes Moutai as China's Priciest A-Share
Cambricon briefly becomes China's most expensive A-share on surging H1 results, while Xiaohongshu pushes e-commerce and Qixi sparks a marriage boom.
China's Monthly Power Use Tops 1 Trillion kWh for First Time
China's July electricity consumption exceeds 1 trillion kWh for the first time, while Alibaba restructures and ride-hailing platforms cut driver commissions.
A-Share Market Value Tops CNY 100 Trillion for First Time
China's A-share market capitalization passes CNY 100 trillion for the first time, while Reuters reports U.S. trackers embedded in AI chip shipments.
China's Services PMI Hits 12-Month High in July
China's services PMI reaches a 12-month high in July, while a Li Auto crash-test dispute and Beijing's first nationwide childcare subsidy draw attention.
Shanghai Issues Its First Robotaxi Operating Licenses
Shanghai grants its first robotaxi licenses as JD.com bids €2.2 billion for CECONOMY and China's cybersecurity regulator summons Nvidia over H20 chips.
AI Leaders Call for Global Unity at WAIC 2025 in Shanghai
Global AI leaders call for collaboration at WAIC 2025, while JD.com unveils a ten-thousand-kitchen takeout plan and Mitsubishi Motors exits China.
China Starts Building World's Largest Hydropower Dam in Tibet
China breaks ground on the Motuo hydropower project in Tibet, while a luxury car tax change, Jensen Huang's Beijing visit and a Sam's Club backlash round out the week.
China's Q2 GDP Grows 5.2% as Exports Offset Cautious Policy
China's second-quarter GDP grows 5.2% on resilient exports, as June trade beats forecasts and auto sales accelerate despite intensifying EV competition.
U.S. Eases Aircraft Part Curbs, Boeing Resumes China Deliveries
Washington quietly resumes aviation component exports to China and Boeing restarts deliveries, alongside Meta's new AI lab, Tesla's price hike and Shanghai's LEGOLAND debut.
China Bans Non-Compliant Power Banks on Domestic Flights
China's aviation regulator bans uncertified and recalled power banks from domestic flights starting June 28. Also: a triple HKEX debut, DJI's U.S. shortage, Xiaomi's YU7 launch, and Louis Vuitton's cruise-ship-shaped Shanghai flagship.
JD.com Seeks Stablecoin Licenses to Cut Cross-Border Payment Costs
JD.com plans to seek stablecoin licenses worldwide to cut cross-border payment costs. Also: a power bank recall tied to Amprius (Wuxi), Baidu's Apollo Go robotaxi tests in Hong Kong, falling kindergarten enrollment, and Labubu's resale price crash.
China's CPI Falls 0.1% in May as Goods Prices Weaken
China's May CPI falls 0.1% year-on-year as goods prices weaken and services hold up. Also: May retail sales, a continued property investment decline, an automaker pledge on 60-day supplier payments, and Starbucks China's first price cuts in 25 years.
China's Services Trade Up 8.2% in First Four Months, Travel Leads
China's services trade grows 8.2% in the first four months of 2025, led by travel. Also: Dragon Boat Festival travel data, China's global favorability overtaking the U.S., Pop Mart's Labubu-driven surge, and Wei Dongyi's viral video account.
Chinese Banks Cut Deposit Rates, Demand Deposit Interest Near Zero
Chinese banks cut deposit rates, pushing demand deposit interest close to zero. Also: 3SBio's $5.3 billion Pfizer licensing deal, an EV Electra-HiPhi joint venture, Huawei's HarmonyOS PCs, and Xiaomi's 3nm Xring O1 chip.
China Regulators Summon JD.com, Meituan, Ele.me Over Competition
Chinese regulators summon JD.com, Meituan, and Ele.me over unfair competition and labor practices. Also: April industrial output, Nezha's bankruptcy filing, Tencent's WeChat e-commerce reshuffle, and BYD's European headquarters in Hungary.
China, U.S. Agree to Roll Back Tariffs, Set Consultation Mechanism
China and the United States agree to a new trade consultation mechanism and roll back most tariffs imposed since April. Also: Xi Jinping's Moscow visit, a J-10C-related stock surge, draft rules for car door handles, and Zhao Xintong's world snooker title.
China's Q1 GDP Grows 5.4%, Beating Forecasts on Exports
China's first-quarter GDP grows 5.4% year-on-year, beating forecasts on a pre-tariff export rush. Also: expanded tourist tax rebates, JD.com's delivery rivalry with Meituan, a table tennis leadership change, and local marriage incentives.
Canton Fair Draws 148,600 Overseas Buyers, Smart Tech in Focus
The first phase of the 137th Canton Fair draws nearly 148,600 overseas buyers as smart manufacturing takes center stage. Also: Chinese e-commerce apps surge in the U.S., rare earth export controls, Chagee's Nasdaq debut, and Beijing's humanoid robot half marathon.
U.S.-China Tariffs Reach Triple Digits as Trade War Escalates
U.S.-China tariffs climb into triple digits after a week of retaliation, pushing bilateral duties to unprecedented levels. Also: Q1 trade data, Xi's meeting with Spain's prime minister, an EU-China EV pricing deal, and pet-friendly high-speed rail.
China Hits Back with 34% Tariff as Trade War Escalates
Chinese markets swing sharply after a tariff-driven sell-off as Beijing imposes a 34% tariff on U.S. imports. Also: a housing rental market blue book, Xiaomi's response to a fatal SU7 crash, and IShowSpeed's live-streamed China tour.
Boao Forum 2025: Xi Meets Global Business Leaders
The Boao Forum for Asia convenes in Hainan as Xi Jinping meets 40 global business leaders. Also: China's March PMI expands, tourism hits record highs, Hefei certifies commercial eVTOL flights, and Beijing pauses new state-owned enterprise deals with Li Ka-shing-linked firms.
China Moves to Curb '996' Overtime Work Culture
China's State Council pushed to limit unlawful overtime and protect workers' rest rights. Regulators probed Yunda Express, Sinopec reported lower 2024 revenue and profit, BMW China partnered with Huawei, and a Baidu executive's daughter sparked a doxxing controversy.
PBOC Weighs New Structural Tools to Support China's Growth
China's central bank explored new structural tools and reaffirmed rate and RRR cuts. Early-2025 retail sales accelerated, China held talks with Walmart over price cuts, the 3.15 Gala exposed corporate misconduct, and Chinese universities climbed the QS rankings.
China's 2025 Economic Blueprint Targets Growth and Innovation
China's government work report set 2025 priorities on growth, fiscal policy, and innovation. Tariffs on U.S. agricultural imports took effect, Mixue debuted on the Hong Kong exchange, CK Hutchison sold its ports division, and Beijing E-Town announced a human-robot half marathon.
China's February Manufacturing PMI Rose to 50.2% as Large Firms Led
China's February manufacturing PMI rose to 50.2% as large enterprises led. Mobile phone exports rebounded, Mercedes-Benz China restructured, Xiaomi priced the SU7 Ultra and met its annual target in two hours, and China agreed to train Pakistani astronauts.
Beijing Symposium Signals Strong Support for Private Enterprises
A Beijing symposium on private enterprises reaffirmed government support for the private sector. A Liepin report showed rising hiring plans, AVIC's electric AS700 airship flew, Baidu posted 21% profit growth, and delivery platforms expanded courier benefits.
TikTok Returns to U.S. App Stores, Targets 2025 E-Commerce Growth
TikTok returned to U.S. app stores with aggressive e-commerce goals. JD.com entered food delivery, Mixue passed its Hong Kong listing hearing, gold jewellery sales surged, and China's 2024 marriages fell 20.5%.
China's 2024 Exports Topped CNY 25 Trillion for Eighth Straight Year
China's exports exceeded CNY 25 trillion in 2024 for an eighth straight year of growth. Spring Festival inbound tourism surged, DeepSeek drew global attention, and new U.S. tariffs prompted Chinese countermeasures.
Spring Festival Tourism Hits 501 Million Trips, CNY 677 Billion
Spring Festival holiday tourism reached 501 million domestic trips and CNY 677 billion in spending. January CPI rose 0.5%, Estée Lauder posted Q2 losses, telecom operators integrated DeepSeek, and Ne Zha 2 broke box-office records.
China's 2024 Urban Unemployment Averaged 5.1%, Below Target
China's urban surveyed unemployment rate averaged 5.1% in 2024 as GDP surpassed CNY 130 trillion. TikTok users migrated to Rednote, Trump weighed a TikTok ban delay, and Tesla launched the refreshed Model Y in China.
China's 2024 CPI Rose 0.2% as Food and Transport Prices Eased
China's consumer price index rose 0.2% in 2024 as food and transport costs eased. Shanghai drew a surge of South Korean tourists, the U.S. expanded a defense blacklist to Tencent and CATL, a carbon-fiber metro train entered service in Qingdao, and GOME Retail's shares collapsed.
China to Expand Ultra-Long Special Treasury Bonds in 2025
China plans to expand ultra-long special treasury bond funding for equipment upgrades and consumer goods trade-ins. The week also brought fresh U.S. and Chinese export controls, a retirement-age reform, Alibaba's buyback and Sun Art sale, and the C919's first international commercial flight.
China's December PMI Shows Manufacturing Expansion, Services Recovery
China's December manufacturing PMI held above 50 while non-manufacturing rebounded. Japan eased visa rules for Chinese tourists, the 'goods economy' topped CNY 168.9 billion, Didi addressed odor complaints, and Li Xiang outlined Ideal Auto's AI pivot.