# China
Latest news and articles about China
Total: 615 articles found
State-backed funds inject ¥6.46bn into CGN’s Yunnan renewables push, accelerating provincial green build-out
CGN’s Yunnan new‑energy arm has raised ¥64.6bn from five state‑linked institutional investors, marking one of the largest single strategic financings in Yunnan’s clean‑power sector. The deal underlines strong domestic institutional appetite for long‑term renewables assets while highlighting the need for concurrent transmission and market reforms to avoid curtailment and unlock full value.
Once China’s Milk‑Tea Champion, Xiangpiaopiao Sees Profits Halved as Business Model Wobbles
Xiangpiaopiao, once the leading listed milk‑tea brand in China, reported a 2025 net profit decline of roughly 50–60% and an 11% drop in revenue, driven by weak sales of seasonal brewed products. The company is pursuing diversification—opening fresh tea shops and planning a factory in Thailand—but these moves carry execution risk and will likely require sustained investment before improving results.
China’s Provinces Race for a ¥10-trillion AI Prize — 31 Regions, 31 Strategies
Beijing, Shanghai and all 29 other Chinese provinces have incorporated AI into their 2026 work plans as Beijing aims to anchor research and standards, Shanghai leverages strategic capital, and manufacturing provinces pursue application-led upgrades. The country’s objective to grow AI‑related industries to more than ¥10 trillion has produced a differentiated national push that blends metropolitan R&D, financial instruments, factory automation and regional niche plays.
China Bets Big on Beidou: From Phone Maps to Driverless Cars and a Trillion‑Yuan Industry
China’s NDRC has announced a major push to expand Beidou satellite navigation into consumer and industrial applications, targeting more than 1 trillion yuan in industry scale within five years after estimating 620 billion yuan by 2025. The programme prioritises autonomous driving, the low‑altitude aerial economy and intelligent robotics as arenas where Beidou will provide high‑precision positioning, emergency communications and multi‑agent coordination.
Hisense Chairman Urges State 'Intelligent‑Agent' Platforms as AI Shifts to Industrial Deployment; Humanoid Robots Still Years from the Home
Hisense chairman Jia Shaoqian told China’s Two Sessions that AI is transitioning from hype to industrial application and urged the state to build shared “intelligent‑agent” platforms and an industrial knowledge base to convert tacit factory know‑how into actionable assets. He cautioned that humanoid robots remain immature for household use and recommended measured, demand‑led investment rather than chasing short‑term hype.
From Classrooms to Drill Squares: China’s Campaign to Instill Military Patriotism in Schoolchildren
Chinese military and local armed‑forces units have been staging immersive national‑defence education activities in schools—using hero stories, equipment displays, martial arts and themed exhibitions—to instil patriotic and pro‑military sentiment among children. The programmes form part of a sustained drive to deepen civil‑military ties and normalise the visibility of the armed forces in everyday life, with implications for recruitment, domestic legitimacy and how the public may respond to future security initiatives.
At the Crossroads: Gulf States Weigh Dependence on Washington Against a Turn to Beijing and Moscow
Gulf states are confronting a strategic crossroads as increased US‑Israeli pressure on Iran heightens regional risk and prompts Iranian warnings of retaliation that could threaten the Strait of Hormuz. Beijing and Moscow offer an alternative to Washington’s security umbrella, giving Gulf capitals room to pursue greater strategic autonomy, though each choice carries significant costs for security, economies and domestic stability.
Beijing Urges Citizens in the Middle East to Use Narrow Flight Windows to Evacuate
On March 6 China’s foreign ministry advised Chinese citizens in parts of the Middle East to use resumed commercial flights to evacuate amid persistent uncertainty and complex security conditions. The appeal seeks to reduce the need for emergency evacuations and reflects Beijing’s dual priorities of citizen protection and diplomatic caution.
Stranded at Sea: Chinese Tourists Caught on a Dubai Cruise as Gulf Fighting Disrupts Flights and Shipping
A Mediterranean Cruises megaship carrying over 5,000 passengers—among them numerous Chinese tourists—was held at Dubai’s Rashid Port after strikes and counterstrikes in the Gulf forced UAE airports and airspace to close. The incident exposed vulnerabilities in cruise operations and global shipping when the Strait of Hormuz region is threatened, prompting industry cancellations, consular interventions and emergency repatriation efforts.
Beijing Condemns US–Israel Military Action on Iran, Urges Immediate Halt to Prevent Wider Conflict
China’s Foreign Ministry publicly opposed US and Israeli military strikes on Iran on March 6, 2026, calling for an immediate halt to avoid further escalation. The statement reflects Beijing’s interest in regional stability, energy security, and a preference for diplomatic solutions over military action.
China’s Economic Chiefs Signal Targeted Growth Push: Big Fiscal Envelope, Faster Credit and Market Reforms
China’s top economic officials announced a coordinated set of fiscal, monetary and market measures to stabilise growth, strengthen domestic demand and accelerate strategic sectors such as AI. The plan combines record fiscal spending and transfers, a fiscal–financial coordination tool to mobilise private capital, targeted infrastructure and service-sector investment, and capital-market reforms to improve equity financing and investor protections.
Beijing to Build ‘Cross‑Cycle’ Market‑Stabilisation Toolkit During 2026–30 Five‑Year Plan
China’s securities regulator said it will build a more institutionalised, ‘Chinese‑characteristics’ market‑stabilisation mechanism during the 2026–30 Five‑Year Plan, expanding cross‑cycle counter‑cyclical tools to shore up market resilience. The move combines promises of a stronger backstop with tighter issuance oversight, underscoring a regulatory environment where state intervention and market reform proceed in tandem.