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China

News and policy developments from mainland China and the wider region.

China Chinese navy says US warship entry near Sabina Shoal threatens security
Top story Chinese navy says US warship entry near Sabina Shoal threatens security

China's Southern Theater Command Navy accused a US littoral combat ship of illegally entering waters near Sabina Shoal in the Spratly Islands, saying it jeopardised maritime security. Beijing said it tracked the USS Charleston and condemned the move as infringing sovereignty and harming regional sta

China Xi Jinping hails socialist college on 70th anniversary Xi Jinping hails socialist college on 70th anniversary

Chinese President Xi Jinping has sent a letter to mark the 70th anniversary of the Central Socialist College, praising its role in training pro-Communist non-party figures and urging it to follow the new-era socialist thought.

China China adds extra Havana-Beijing flight as Cuba fuel crisis strands travellers China adds extra Havana-Beijing flight as Cuba fuel crisis strands travellers

China arranged a supplementary Air China flight from Havana to Beijing after US sanctions deepened Cuba's fuel crisis, forcing airlines to suspend flights. The Chinese embassy cited technical reasons for schedule changes but did not mention the oil crisis.

China China economy resilient but recovery momentum weak, NDRC official says China economy resilient but recovery momentum weak, NDRC official says

China's economy has withstood pressure and continues to expand, but recovery momentum remains weak, a top planning official said on Tuesday. The National Development and Reform Commission is drafting a 2026-2030 plan to boost domestic demand amid deepening external shocks and weak consumer spending.

China CSRC chief unveils yuan counter, REITs push for Stock Connect CSRC chief unveils yuan counter, REITs push for Stock Connect

China's securities regulator will accelerate yuan counter trading and REITs under Stock Connect, among four near-term measures announced by CSRC chairman Wu Qing. The plan includes a fund monitoring centre, AI rules for securities firms, stricter penalties for illegal share reductions, and guidance

China PBOC to launch overnight reverse repos from 21 Oct to 2 Nov PBOC to launch overnight reverse repos from 21 Oct to 2 Nov

China's central bank will conduct overnight reverse repurchase operations from 21 October to 2 November, with daily volume capped at 1 trillion yuan. Governor Pan Gongsheng said the policy framework will shift to focus more on interest rate adjustments.

China China keeps benchmark lending rates unchanged for 17th straight month China keeps benchmark lending rates unchanged for 17th straight month

China left its loan prime rates steady in October, with the one-year LPR at 3.00% and the five-year at 3.50%. The decision aligns with market expectations as policymakers focus on reforming the loan pricing framework.

China Li urges Tajikistan to deepen security ties and protect Chinese citizens Li urges Tajikistan to deepen security ties and protect Chinese citizens

Premier Li Qiang has called for deeper security and intelligence cooperation with Tajikistan to combat extremism and separatism, urging strong measures to protect Chinese citizens. The appeal follows the killing of five Chinese nationals in Tajikistan last year in attacks blamed on militants from Af

China China unveils financial support blueprint for Beijing, Shanghai and GBA tech hubs China unveils financial support blueprint for Beijing, Shanghai and GBA tech hubs

China's central bank and other government departments issued new guidelines to boost financial support for the country's three main science and technology innovation centres: Beijing, Shanghai and the Greater Bay Area. The plan sets distinct strategic directions for each region and promotes cross-bo

China Diving beetle egg tarts draw adventurous foodies to Guangdong eatery Diving beetle egg tarts draw adventurous foodies to Guangdong eatery

A Foshan restaurant's egg tarts topped with whole diving beetles, a traditional southern Chinese delicacy, have gone viral and drawn diners from Hong Kong and beyond. The 28 yuan set of three has sold about 20 orders daily since October.

China PBOC considers overnight repo rate as main policy benchmark PBOC considers overnight repo rate as main policy benchmark

China's central bank is studying making the overnight reverse repurchase rate its main policy rate, replacing the current seven-day repo rate. Governor Pan Gongsheng said the change would improve monetary policy transmission and align with global peers like the US Federal Reserve.

China China's Q3 growth beats forecasts as exports boom, but consumers stay cautious China's Q3 growth beats forecasts as exports boom, but consumers stay cautious

China's economy grew 4.5 per cent in the third quarter, beating forecasts, driven by surging exports while domestic demand remained weak. Analysts warn of deepening structural imbalances and reliance on external drivers.

China Qianhai Museum to open Oct 30 with 3,000 artefacts across eight exhibitions Qianhai Museum to open Oct 30 with 3,000 artefacts across eight exhibitions

The Qianhai Museum in Shenzhen will begin trial operations on Oct 30, opening to the public from 2pm that day with eight exhibitions featuring over 3,000 artefacts, including 10 from the National Museum of China. Visitors must book timed slots via WeChat, with 5,000 spots on the first day and 8,000

China Andy Lau Covid-19 film to premiere after six-year delay, online debate erupts Andy Lau Covid-19 film to premiere after six-year delay, online debate erupts

A Covid-19 film starring Hong Kong star Andy Lau will hit mainland Chinese cinemas on 6 November, nearly six years after filming ended. The release has sparked online debate, with some viewers reluctant to revisit the pandemic period.

China Guangdong foreign trade hits record 8.72 trillion yuan in first three quarters Guangdong foreign trade hits record 8.72 trillion yuan in first three quarters

Guangdong's foreign trade reached 8.72 trillion yuan in the first three quarters, up 24.5 per cent year on year, with the third quarter surpassing 3 trillion yuan for the first time. Exports of high-tech products rose 33 per cent, and customs officials forecast continued momentum in the fourth quart

China China September retail sales and factory output hit six-month highs China September retail sales and factory output hit six-month highs

China's September retail sales and industrial output both grew at their fastest annual pace in six months, beating or matching market forecasts. Consumption rose 1.1 per cent year on year, while factory output expanded 5.5 per cent, with fixed-asset investment contracting less than expected.

China Chinese rental cars recorded military data during Norway exercise Chinese rental cars recorded military data during Norway exercise

Norwegian soldiers discovered videos recorded by cameras in Chinese-made rental cars during a security exercise at Oslo airport. The footage captured access codes, routes and personnel movements at military facilities, raising espionage concerns. Norway's Home Guard confirmed the findings but could

China China full-year growth forecast around 4.5 per cent, analyst says China full-year growth forecast around 4.5 per cent, analyst says

Analysts expect China's third-quarter GDP to grow 4.4 per cent, with Dah Sing's chief economist projecting 4.3 per cent amid a two-speed economy. Full-year growth is forecast at about 4.5 per cent, with policy adjustments expected.

China Chinese carmakers pitch 'intelligent luxury' to Europe's premium buyers Chinese carmakers pitch 'intelligent luxury' to Europe's premium buyers

Chinese automakers are targeting Europe's premium car market with technology-focused models, betting that features like advanced driver assistance and rapid charging will outweigh brand heritage. Executives acknowledge winning over buyers will take time and persistence, with some admitting a gap rem

China China hosts global governance forum in Xiongan to push reform agenda China hosts global governance forum in Xiongan to push reform agenda

China will host a Global Governance Forum in Xiongan from October 23 to 25, aiming to produce practical solutions for international problems. The event, organised by the Chinese People's Institute of Foreign Affairs, is part of Beijing's push for a reformed global governance system, with about 180 f

China PBOC chief touts yuan assets to investors in Bangkok: Bloomberg PBOC chief touts yuan assets to investors in Bangkok: Bloomberg

Pan Gongsheng, governor of the People's Bank of China, promoted yuan assets at a closed-door event in Bangkok, highlighting their returns and lower volatility, and pledged to align rules with global standards. He cited data showing a yuan-heavy portfolio outperformed global benchmarks over two decad

China China invites Trump press aide to visit after 'toilet' jibe China invites Trump press aide to visit after 'toilet' jibe

China's foreign ministry invited White House Press Secretary Katie Zacharia to visit "more often" after she said the country lacked "proper toilets". The remarks came days into her new post and amid strained US-China ties.

China China urges Israel to halt West Bank settlements in meeting with Herzog China urges Israel to halt West Bank settlements in meeting with Herzog

China's Foreign Minister Wang Yi told Israeli President Isaac Herzog that Israel should stop and reverse its "forced establishment" of settlements in the West Bank, the Chinese foreign ministry said. Wang also called for full access to Gaza to prevent a humanitarian catastrophe and urged a return to

China China's wealthy unwind offshore trusts ahead of tax deadline China's wealthy unwind offshore trusts ahead of tax deadline

China's richest individuals are dismantling offshore trusts and selling shares before an October 22 deadline to declare overseas income, with a 20 per cent tax on trust profits. Advisers warn liabilities could reach billions of yuan in some cases, while banks lend against shares to help clients pay.

China China Import Expo to host over 4,100 overseas firms in Shanghai next month China Import Expo to host over 4,100 overseas firms in Shanghai next month

The ninth China International Import Expo will run from 5 to 10 November in Shanghai, with over 4,100 overseas companies taking part, the commerce ministry said. Exhibition space exceeds 440,000 square metres for the first time, and more than 480 representative products will make their global or reg

China Three Chinese women named UN FAO rural development heroes Three Chinese women named UN FAO rural development heroes

The UN Food and Agriculture Organization has named three Chinese women, including desertification fighter Yin Yuzhen, among 100 women recognised for contributions to agriculture and rural development, marking the 2026 International Year of Women Farmers.

China Chinese couple in Japan arrested over hotel phishing email scheme Chinese couple in Japan arrested over hotel phishing email scheme

Japanese police arrested a Chinese couple in Kobe for hiding a computer in a hotel room to send 480,000 phishing emails. The man, 39-year-old Ye Jiafeng, and his wife, 39-year-old Shen Qi, allegedly used the hotel’s Wi-Fi to send scam messages impersonating credit card companies. They also face cred

China Canton Fair opens in Guangzhou with focus on advanced manufacturing Canton Fair opens in Guangzhou with focus on advanced manufacturing

The 140th Canton Fair opened on Thursday in Guangzhou, with over 30,000 exhibitors and about 340,000 overseas buyers expected. The event, running until November 4, features advanced manufacturing in its first phase and marks its 70th anniversary with messages from Chinese leaders.

China PBOC chief urges broader view on global imbalances at G20 PBOC chief urges broader view on global imbalances at G20

People's Bank of China Governor Pan Gongsheng called for a more comprehensive analytical perspective on global imbalances, saying attention should extend beyond current account and exchange rate adjustments to financial channel money flows. He stressed that imbalances cannot be resolved through exch

China DBS upbeat on China innovative drug sector, flags Q4 buying chance DBS upbeat on China innovative drug sector, flags Q4 buying chance

DBS Hong Kong is constructive on China's innovative drug sector, citing government targets for 20 per cent annual growth and policies easing pricing pressure. The bank flags fourth-quarter buying opportunities, projecting a sector re-rating as China's global share of first-in-class drugs rises.

China China orders life insurers to review quick-cash-value products China orders life insurers to review quick-cash-value products

Chinese regulators have told life insurers to inspect quick-return insurance products sold through bancassurance channels, mainland media report. The move targets policies whose cash value exceeds premiums paid within a short period, which can trigger mass surrenders and liquidity risks. Insurers mu

China China's protein export boom reshapes global meat trade China's protein export boom reshapes global meat trade

China's protein exporters are flooding global markets with cheap chicken, pork and dairy, reshaping trade and drawing scrutiny from Western rivals. Subsidised overcapacity and shifting diets at home are pushing firms overseas, while European regulators have opened probes into some products.

China Shenzhen cuts metro and bus fares in half for APEC summit Shenzhen cuts metro and bus fares in half for APEC summit

Shenzhen will halve metro and bus fares during next month's APEC leaders' meeting to encourage green travel and ease road pressure. The city is also urging flexible work arrangements and inviting residents to voluntarily park their cars in exchange for commemorative gifts.

China China's top prosecutor seeks arrest of ex-Chengdu mayor Wang Fengchao on bribery suspicion China's top prosecutor seeks arrest of ex-Chengdu mayor Wang Fengchao on bribery suspicion

China's Supreme People's Procuratorate has requested the arrest of former Chengdu mayor Wang Fengchao on suspected bribery, state media reported. Wang was expelled from the Communist Party and removed from office in June over severe disciplinary and legal violations.

China Wang Yi meets Lavrov, says APEC 'China Year' will yield results Wang Yi meets Lavrov, says APEC 'China Year' will yield results

Chinese Foreign Minister Wang Yi told Russian Foreign Minister Sergei Lavrov that next month's APEC summit in Shenzhen will achieve fruitful outcomes with Russia's support. Lavrov expressed full backing for China's APEC hosting and closer coordination in multilateral forums.

China Mainland trains hit by public defecation incidents, rail operator cites lack of enforcement powers Mainland trains hit by public defecation incidents, rail operator cites lack of enforcement powers

Two incidents of public defecation and urination on Chinese mainland trains have sparked hygiene and regulation concerns. The national 12306 customer service said railway bureaus are transport enterprises without administrative enforcement powers, advising passengers to contact staff or railway poli

China China September bank lending beats forecasts on stimulus boost China September bank lending beats forecasts on stimulus boost

New bank loans in China rose more than expected in September, rebounding from August's weak figure, as policymakers stepped up support for the slowing economy. However, overall credit growth remained sluggish, with outstanding loans at a record low, signalling weak demand.

China Sichuan food stall owner dies after online abuse over customer dispute Sichuan food stall owner dies after online abuse over customer dispute

A 33-year-old Sichuan food stall owner died by suicide after online abuse over a 10-yuan fried food portion dispute. Local authorities confirmed intervention on 13 October.

China China and North Korea to open New Yalu River Bridge on October 15 China and North Korea to open New Yalu River Bridge on October 15

China and North Korea will jointly open the long-delayed New Yalu River Bridge on October 15, according to state news agency Xinhua. The move signals improving bilateral ties, coming weeks after Pyongyang opened its first road bridge with Russia.

China China Q3 exports top 8 trillion yuan for first time, customs says China Q3 exports top 8 trillion yuan for first time, customs says

Mainland China's third-quarter exports surpassed 8 trillion yuan for the first time, up 22 per cent year on year, with first-three-quarter trade growth the fastest in five years. Customs officials forecast stable fundamentals for Q4 despite geopolitical and protectionist challenges.

China China's trade with APEC economies rises 23.9 per cent in first three quarters China's trade with APEC economies rises 23.9 per cent in first three quarters

China's imports grew faster than exports in the first three quarters, with imports up 22.3 per cent year on year. Trade with other APEC economies rose 23.9 per cent to 24.07 trillion yuan, accounting for 60.3 per cent of total trade.

China China's September exports surge 36.3 per cent, beating forecasts China's September exports surge 36.3 per cent, beating forecasts

China's September exports rose 36.3 per cent year-on-year in US dollar terms, exceeding the 25.5 per cent forecast, while imports grew 31 per cent, also above expectations. The trade surplus reached US$133.53 billion, data from the General Administration of Customs showed.

China China's September CPI rises 0.9 per cent year on year, a three-month high China's September CPI rises 0.9 per cent year on year, a three-month high

China's consumer price index rose 0.9 per cent year on year in September, up 0.1 percentage points from August, according to the National Bureau of Statistics. Food prices fell 1.7 per cent while non-food prices rose 1.5 per cent, and the producer price index rose 5 per cent.

China Myanmar Wa family crime syndicate sentenced in China: 3 get death Myanmar Wa family crime syndicate sentenced in China: 3 get death

Chinese courts sentenced three leaders of the Myanmar-based Wei family crime syndicate to death for telecom fraud, murder and other crimes. Six others received life terms, and 55 were given prison sentences ranging from three to 24 years.

China China International Aviation and Aerospace Exhibition to open in Zhuhai in December China International Aviation and Aerospace Exhibition to open in Zhuhai in December

The 16th China International Aviation and Aerospace Exhibition will be held in Zhuhai from December 7 to 13, featuring over 3,000 exhibits, about 10 per cent of which will make their debut. Organisers expect nearly 1,100 companies from close to 50 countries to take part.

China Xi Jinping exchanges congratulatory messages with Papua New Guinea governor-general on 50th anniversary of ties Xi Jinping exchanges congratulatory messages with Papua New Guinea governor-general on 50th anniversary of ties

Chinese President Xi Jinping and Papua New Guinea Governor-General Bob Dadae exchanged congratulatory messages to mark 50 years of diplomatic relations. Xi said he attaches high importance to ties and wants to deepen cooperation. Dadae reaffirmed PNG's commitment to the One-China principle.

China China sanctions Paraguay and Belize ministers over Taiwan ties China sanctions Paraguay and Belize ministers over Taiwan ties

China imposed sanctions on Paraguay's communications minister and Belize's foreign minister for their countries' diplomatic relations with Taiwan, citing national sovereignty. The measures include visa bans and transaction prohibitions.

China China Open champion Zheng withdraws from Wuhan Open citing fatigue China Open champion Zheng withdraws from Wuhan Open citing fatigue

Zheng Qinwen, fresh from winning the China Open, has pulled out of the Wuhan Open due to fatigue. The 24-year-old cited a demanding schedule since returning from injury. She joins several top players, including Mirra Andreeva, in skipping the tournament.

China Apple's Tim Cook meets Guangdong governor, eyes further expansion in province Apple's Tim Cook meets Guangdong governor, eyes further expansion in province

Apple executive chairman Tim Cook met Guangdong governor Meng Fanli in Guangzhou on Sunday, saying Guangdong is crucial to Apple's China development. Cook seeks expansion in supply chain, innovation, green manufacturing and retail. Meng welcomed more Apple innovation and R&D in the province.

China NDRC chairman says China to lift 2026 GDP target to 5 per cent with Q4 adjustments NDRC chairman says China to lift 2026 GDP target to 5 per cent with Q4 adjustments

China's NDRC chairman Zheng Shanjie said counter-cyclical adjustments will be intensified in the fourth quarter, raising the full-year economic growth target from 4.5 per cent to 5 per cent. He urged private firms to seize long-term opportunities amid external shocks and domestic transition.

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