China has reportedly blocked Meta’s $2 billion acquisition of AI startup Manus, citing national security concerns. The move reflects tighter regulatory scrutiny over technology transfers and is …
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China reportedly blocks Meta’s $2 billion AI startup deal over security concerns
China’s Bank of Communications posts 3.1% profit rise in first quarter
Bank of Communications reported on Wednesday a 3.1% rise in first-quarter net profit to 26.126 billion yuan ($3.82 billion), helped by a repricing of deposits.
China orders Meta to unwind Manus AI acquisition
China ordered Meta to unwind its US$2 billion-plus acquisition of AI startup Manus under its foreign investment security review process.
Exclusive: China’s financial regulatory head Li Yunze demoted, sources say
China’s top financial regulator, Li Yunze, has been demoted due to what is being treated as a suspected disciplinary violation, according to sources familiar with the matter, in the latest instance …
Taiwan Tops Beijing’s Agenda for Trump-Xi Summit
Semiconductor powerhouse Taiwan sits at the heart of the military balance in the western Pacific, so even a nuanced change in U.S. wording could affect Beijing’s assessment …
Beijing court pledges stronger focus on small business labor disputes
A Beijing court has pledged to intensify its focus on cases involving small and micro enterprises, noting that nearly half of its labor disputes over the past four years have involved such businesses.
Hyundai Motor chief attends Beijing auto show for 1st time in 8 yrs
Hyundai Motor Executive Chair Euisun Chung attended Auto China 2026 in Beijing, industry sources said Wednesday, as the automaker steps up efforts to regain its foothold in the world’s largest vehicle …
China suspends autonomous driving permits after Baidu outage
China has suspended issuing new licenses for autonomous vehicles, according to people familiar with the matter, after dozens of Baidu Inc.’s Apollo Go robotaxis suddenly stopped in Wuhan last month, …
Beijing airports expand international routes for May Day holiday
Beijing’s major airports are expanding international routes and enhancing services for overseas travelers in anticipation of increased travel demand during the upcoming May Day holiday, starting …
EXEED Appears at Beijing Auto Show: Defining Pioneering Design and Setting a New Benchmark in Premium Intelligent Electric Vehicles
Beijing, China, April 24 –2026 Beijing Auto Show officially kicked off today. With its booth presence and exclusive Brand Night event, EXEED unveiled three core models crafted under the Perpetua …
Beijing holds volunteer activity for young people in new employment sectors
A volunteer activity was held here on Tuesday to offer free medicine consultations, haircuts and knowledge contests for young people in new employment sectors. (Xinhua/Li Xin) A volunteer tests blood …
China suspends new autonomous vehicle permits after Baidu outage, Bloomberg News reports
China has suspended issuing new licenses for autonomous vehicles after robotaxis operated by Baidu’s Apollo Go abruptly stopped in Wuhan last month, Bloomberg News reported on …
US warns banks of sanctions risk over China ‘teapot’ refineries handling Iranian oil
The alert said China purchases approximately 90% of Iran’s oil exports, with teapot refineries accounting for the majority of these imports.
