# China
Latest news and articles about China
Total: 537 articles found
Trip.com’s Windfall and the Hotel Squeeze: Stellar Profits Meet Antitrust Heat
Trip.com reported strong 2025 results with revenue of 624 billion yuan and net profit of 334 billion yuan, buoyed by a large one‑off investment gain. The company’s persistently high margins have strained upstream hotels and homestays, prompting an antitrust investigation and boardroom departures. Regulators are signalling a push to rebalance profits across the travel ecosystem, creating an uncertain outlook for Trip.com’s margin sustainability.
Rising Renminbi Turns “High‑Yield” Dollar Deposits into Loss Makers for Retail Investors
A post‑holiday surge in the renminbi has erased gains for many Chinese retail investors who chased higher yields by buying dollar deposits. With U.S. dollar rates no longer far above yuan deposit rates and the RMB appreciating, interest income has often failed to cover currency conversion losses. The episode underscores that foreign‑currency deposits are an FX bet, and banks’ product offerings, while intact, require clearer retail risk communication.
China’s Local Governments Rapidly Tap Bond Markets to Fund Projects and Refinance Hidden Debt
Chinese local governments have issued more than RMB 2 trillion in bonds by late February as Beijing leans on fiscal tools to spur infrastructure and social projects and to replace implicit local liabilities. About half of the issuance is refinancing aimed at swapping hidden debt into formal bonds, while new special‑purpose bonds are being prioritised for on‑the‑ground investment.
Beijing Forces Delivery Apps to Clean Up ‘Ghost’ Takeaways: New Rules Make Platforms the Gatekeepers
China will require food-delivery platforms to perform substantive licence checks, verify merchant addresses at least every six months, and display vendor credentials publicly, with new rules taking effect June 1. The measures, aimed at eliminating “ghost” takeout operators, embed platforms in the e-commerce regulatory framework and impose steeper fines to strengthen food-safety oversight.
From Field Radio to Sky‑Eye Sniper: How a Chinese Marine Fused Communications, Drones and Marksmanship
A Chinese naval reconnaissance corporal, Second‑Class Staff Sergeant Jin Lei, has combined his background in communications, drone piloting and sniping to create a cross‑domain approach to battlefield sensing and precision fire. His experience—winning international competitions and advocating new joint training modules—illustrates how human adaptability and information fusion are becoming central to modern small‑unit warfare.
Cobra Gold 2026 Expands into Space and Cyber as US-Led Drill Draws 30 Nations to Thailand
Cobra Gold 2026 opened in Thailand with about 8,000 troops from 30 countries, and for the first time formally integrates space and cyber operations into its training. The U.S.-led exercise underscores a shift toward multi-domain warfare and highlights competing narratives: alliance strengthening and interoperability on one hand, and Chinese concerns about U.S. intervention capabilities on the other.
China Tightens Rules at Home and Abroad: From Sanya Crackdown to Soaring Chip Costs
China combined diplomatic signalling and domestic regulatory tightening this week, imposing export controls on Japanese firms and pursuing stricter auditing rules while markets absorbed mixed trading and investors faced price and governance shocks. Sharp rises in memory-chip prices are prompting major smartphone brands to plan substantial price increases, and Hainan authorities moved decisively to penalise a Sanya homestay for contract breaches.
Beijing Tightens the Screws: China Adds Dozens of Japanese Firms to Export-Control Lists to Curb Remilitarisation
Beijing has added 20 Japanese firms to an export-control list and placed 20 more on a watch list, targeting dual-use technologies it says would accelerate Japan's remilitarisation. The measures are presented as narrowly focused yet significant: they threaten to slow critical supply chains, raise compliance costs and deepen strategic contestation between China, Japan and their allies.
China’s Tech Titans Burn Over ¥100bn to Seed AI App Audiences — Now the Tougher Test Begins
China’s internet giants spent heavily over the Lunar New Year to drive mass adoption of AI-native apps, pushing several products into the 100‑million MAU club. The campaigns delivered explosive short‑term growth but leave open the harder tests of retention, monetisation and safe, sustainable deployment.
At 6,000 Metres: China’s Border Troops Patrol the Roof of the World
Chinese border troops based on the northern Himalayan slopes conduct regular 6,000‑metre patrols that combine extreme environmental hardship with improvised logistics and seasoned local knowledge. The missions illustrate Beijing’s emphasis on high‑altitude readiness, the continuing importance of human patrolling in difficult terrain, and the domestic messaging around sacrifice and sovereignty.
‘Welcome to China’: SMS, Shipyards and a New Phase of South China Sea Control
A recent visit by Philippine lawmakers to Thitu/ Zhongye Island was met with an SMS reading “Welcome to China” and a ring of Chinese coast guard, naval and fishing vessels. The episode highlights Beijing’s growing reliance on continuous maritime presence, shore-based communications infrastructure and grey-zone tactics to consolidate control in the South China Sea, posing a strategic challenge for Manila and its partners.
Robotaxis on the Road: Rapid Roll‑out Meets a Reality Check on Safety
Robotaxi deployments are accelerating worldwide and in China in 2026 as firms from Tesla to Baidu scale fleets and raise capital. However, a series of fires, collisions and sensor failures has exposed technical, regulatory and operational gaps that make widespread public trust premature. The sector’s commercial promise is real, but moving from pilots to safe, public‑facing services depends on tougher oversight, open data and demonstrable improvements in handling rare and hazardous scenarios.