Vanke, a state-backed property giant, is teetering on the edge of default. New home sales by floor space have fallen by half since their peak in 2021. Fresh residential construction is down by nearly …
Monthly Archives For December 2025
China allocates initial $8.9 billion for consumer goods trade-in scheme in 2026
China is allocating 62.5 billion yuan ($8.94 billion) from ultra-long special treasury bond funds initially this year for its scheme that offers consumers subsidies to replace domestic appliances, …
Patriotism tests loom for big business
In Beijing and other capitals, business bosses and officials expect to hear the phrase “China goes global” a lot in 2026. More Chinese companies will open or expand overseas operations, trying to ease …
China hides mobile nuclear missile launchers inside fake construction cranes
China’s PLA Rocket Force is operating mobile ballistic missile launchers that are disguised to resemble civilian construction cranes.
China officially launches 5G networks on November 1
Chinese carriers officially launched 5G services in the world’s largest market on November 1, but the coverage remains limited only to major Chinese cities and key areas in lower-tier cities for the …
China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up
Shenzhen, China’s top tech hub, plans to roll out what it calls “full-suite, full-time” adoption of artificial intelligence (AI) across households and businesses over the next five years – a move …
China fires missiles on second day of military drills Taiwan calls “highly provocative and reckless”
As Taiwan blasts China’s “highly provocative and reckless” blockade rehearsal, Trump touts his relationship with Xi Jinping and says an invasion is unlikely.
Modern Shenzhen blends innovation with clean urban design
Shenzhen, one of the world’s fastest-growing cities, has transformed into a futuristic hub of innovation and design. Surrounded by glass towers and smart infrastructure, the city reflects China’s …
China fires a warning to the U.S. and simulates Taiwan blockade, though Trump says he’s ‘not worried’
The second day of the large-scale war games, called “Justice Mission 2025,” saw the Chinese military encircle Taiwan on Tuesday.
China’s top diplomat blasts US arms sale to Taiwan as military drills unfold
China responded to the sale by launching two days of military drills around Taiwan on Monday. The exercises also are largely seen as a rebuke to Sanae Takaichi, the new Japanese prime minister, who …
China flexes blockade capabilities near Taiwan on second day of military drills
China’s People’s Liberation Army staged a second day of large-scale military drills around Taiwan on Tuesday, unleashing a live-fire show of force as part of wha …
Inside China | Kishore Mahbubani: APEC meeting in Shenzhen could inspire global development
Shenzhen recently hosted the Asia-Pacific Economic Cooperation (APEC) Informal Senior Officials’ Meeting and has been confirmed as the venue for the 2026 APEC Economic Leaders’ Meeting. Singapore’s …
A glimpse of Shenzhen’s futuristic urban lifestyle
Shenzhen, one of China’s fastest-growing cities, has become a living example of futuristic urban development. Surrounded by green spaces, glass towers, and cutting-edge technology, the city represents …
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