# China

Latest news and articles about China

Total: 537 articles found

A stunning aerial view of Chukai, Terengganu's coastline with clouds and sea.
Politics

China’s Provinces Reveal Scale of New Childcare Subsidies as Beijing Eyes Wider Rollout

Fourteen Chinese provinces reported roughly ¥45.9 billion in 2025 allocations for a new childcare subsidy that pays ¥3,600 per child annually for children under three. Beijing says about ¥100 billion will be spent nationally in 2025 and that more than 30 million infants have received payments; however, regional disparities and implementation challenges leave the policy’s demographic impact uncertain.

SoBiz2026年2月28日 05:07
#China#childcare subsidy#demographics
Metal door handle and lock system with key inserted, showcasing security features.
Business

When Memory Becomes a Bottleneck: How the AI Chip Boom Is Driving Up Car Prices

A surge in DRAM and other memory prices sparked by AI demand and producers shifting capacity away from low‑margin chips has created acute shortages of car‑grade memory. The result is higher component costs for automakers, with some firms seeing DRAM expenses for a single vehicle nearly triple and potential upward pressure on EV prices unless supply rebalances or manufacturers absorb costs.

SoBiz2026年2月28日 04:57
#DRAM#automotive#semiconductors
Detailed view of premium cigars with visible textures and labels in a box.
Business

320,000 Down: China’s Smoke-and-Spirits Shops Shrink as Margins Vanish

A steep downturn in China’s dedicated tobacco-and-liquor shops has wiped out margins and closed roughly 320,000 outlets in 2025, reflecting shifts in consumer behaviour, channel strategies and pricing transparency. The result is a structural retail shakeout in which surviving businesses will need new models of service, niche focus or integration with digital channels to stay viable.

SoBiz2026年2月28日 04:57
#China#retail#tobacco
Close-up of a person's hand placing coins into a transparent piggy bank to save money.
Business

Modest Income Gains, Uneven Recovery: Beijing Pushes to Convert Rising Incomes into Stronger Household Spending

China’s National Bureau of Statistics reported a 5.0% rise in per‑capita disposable income to 43,377 yuan in 2025, with rural incomes growing faster than urban ones but a large urban‑rural gap persisting. Household consumption rose modestly, with services now nearly half of spending, while Beijing rolls out policy measures aimed at boosting incomes and converting saving into spending.

SoBiz2026年2月28日 04:47
#China#household income#consumption
A joyful soldier in uniform participates in a supportive group session indoors.
Politics

When New Recruits Meet Old Hands: A Moment That Sells Continuity in China’s Military

A Xinhua photo of a new recruit meeting a veteran has been framed as a symbol of continuity in the People’s Liberation Army, conveying both political messaging and practical concerns about recruitment, professionalization and veteran reintegration. The image underscores Beijing’s effort to present the military as modern yet rooted in tradition, even as the PLA confronts evolving personnel and welfare challenges.

SoMi2026年2月27日 22:06
#People's Liberation Army#veterans#recruitment
Bustling urban scene in Chengdu's shopping district with vibrant lights and crowds at night.
Business

China’s Daily: Chengdu’s Bonded Zone Opens as Regulators Tighten Rules on Platforms and Tech Firms Recalibrate

Chengdu’s new airport comprehensive bonded zone began operations, promising lower logistics costs and stronger western trade links. Simultaneously, Beijing has tightened food‑safety obligations for online delivery platforms, while tech firms adjust strategies amid regulatory and market pressures — a pattern of opening paired with firmer oversight.

SoBiz2026年2月27日 15:47
#China#Chengdu Tianfu Bonded Zone#online food safety
A vibrant protest sign in South Kingstown, Rhode Island, advocating against monarchies with political messaging.
World

Beijing Pushes Back as Washington Calls for China to Join US–Russia Nuclear Talks

The United States has asked China to join trilateral nuclear arms talks with Washington and Moscow. China responded cautiously, reiterating demands for equality, security guarantees and an avoidance of double standards, while highlighting the technical and political obstacles to three‑party arms control.

SoMi2026年2月27日 15:47
#China#United States#Russia
A handwritten business plan checklist on a table with colorful papers indicating important topics for startups.
Business

Beijing Tightens Disclosure Rules for Private Funds, Bans Performance Forecasts and Return Guarantees

China’s securities regulator has issued new measures to tighten disclosure and curb misleading marketing by private funds, banning performance forecasts and guarantees of principal or minimum returns. The rules, effective September 1, 2026, strengthen custodial review, reporting obligations and enforcement powers, and are likely to raise compliance costs while improving investor protection and market credibility.

NeMo2026年2月27日 09:57
#China#CSRC#private funds
Top-down aerial view capturing the symmetrical city streets and architecture blanketed in snow during winter.
Politics

Xi-led Politburo Endorses Draft 15th Five‑Year Plan, Signals Continued State‑led Push for High‑Quality Growth

China’s Politburo, chaired by Xi Jinping, reviewed the draft 15th Five‑Year Plan and the government work report ahead of the NPC session, praising the 14th plan’s achievements and setting priorities for 2026–30. The leadership signalled continued state‑led efforts to boost high‑quality growth, tech self‑reliance, and domestic demand while using active fiscal and moderately loose monetary policy to stabilise the economy.

NeMo2026年2月27日 09:47
#China#Five‑Year Plan#Xi Jinping
Delivery man wearing a mask and gloves with a red thermal bag and box indoors.
Business

China Tightens Rules on Food-Delivery Platforms to Root Out 'Ghost' Sellers and Boost Safety

China will require food-delivery platforms to verify merchant licences, perform on-site checks at least every six months, and publicly display qualification information as part of new rules effective June 1. The measures aim to eliminate unlicensed “ghost” sellers, make platforms legally responsible for oversight and tighten penalties for violations, while posing operational and competitive challenges for platforms and small merchants.

SoBiz2026年2月27日 09:47
#China#food safety#online food delivery
A group of soldiers in green uniforms marching outdoors, part of a ceremonial parade.
Politics

China’s Provinces Double Down on Austerity — But Savings, Risks Remain

All 31 Chinese provinces have reiterated a central directive to tighten administrative spending in 2026, seeking to free funds for core economic and social priorities. While many report concrete savings in items like official travel and meeting budgets, officials also acknowledge enforcement shortfalls and limited remaining scope for cuts, raising questions about substitution effects and broader fiscal health.

SoBiz2026年2月27日 09:37
#China#local government#fiscal discipline
A stunning snowy owl rests in its natural winter habitat, surrounded by snow-covered foliage.
Business

Rare‑Earth Shortage Forces US Aerospace and Chip Suppliers to Turn Away Orders

A tightening of global supplies for yttrium and scandium has prompted some US aerospace and semiconductor suppliers to ration or refuse orders. The shortage, rooted in near‑total production concentration outside the United States, risks disrupting engine maintenance and 5G chip supply chains and is forcing firms to prioritize major customers while policymakers weigh mitigation steps.

SoBiz2026年2月27日 09:37
#rare earths#yttrium#scandium