China · Business
Same event, multiple sources, transparently cited.
-
China’s May Manufacturing PMI Signals Flat Activity; US Factory Growth Hits Four-Year High
China's official manufacturing PMI held steady at 50 in May while US factory activity expanded at its fastest pace in four years.
-
Tesla and 10 Automakers Recall 4.3 Million Vehicles in China Over Door Handle Safety
Tesla, Xiaomi, and others announced a recall of 4.3 million vehicles in China due to emergency door handle safety concerns.
-
Pacific island nations detain four Chinese and Indonesian fishing vessels for illegal fishing
Kiribati, Palau, and Papua New Guinea detained four Chinese and Indonesian fishing boats for illegal fishing or license breaches in August 2026.
-
New York Overtakes San Francisco Bay Area as Largest U.S. Tech Talent Market in 2025
New York's tech workforce grew to 394,300 in 2025, surpassing the San Francisco Bay Area’s 375,730 for the first time.
-
German Finance Minister Lars Klingbeil Accuses China of Violating Trade Rules
German Finance Minister Lars Klingbeil called out China for ignoring global trade rules and urged a tougher German stance against Beijing.
-
Broadcom Seeks Up to $100 Billion Debt Financing to Support AI Chip Supply for Anthropic
Broadcom is negotiating to raise up to $100 billion in debt to fund AI chip capacity benefiting Anthropic and other AI firms.
-
Switzerland and China agree on updated free trade deal removing tariffs on nearly all Swiss exports
Switzerland and China concluded negotiations on an updated free trade agreement eliminating tariffs on 99.8% of Swiss exports to China.
-
Alibaba Q1 Net Profit Falls 38% as AI Investments Drive 75% Surge in Capital Spending
Alibaba reported a 38% drop in Q1 FY2027 net profit amid strong 45% growth in AI cloud revenue and a 75% rise in capital expenditure for AI infrastructure.
-
Japan's core inflation accelerates in July, fueling expectations of BOJ rate hike
Japan's core consumer price index rose 1.8% in July, supporting market bets on a September Bank of Japan rate increase.
-
Panama Canal to cut daily ship transits from September due to El Nino drought
The Panama Canal Authority will reduce daily ship transits from 36 to 34 on September 3 and to 32 on September 15 due to El Nino-driven drought impacts.
-
Fort Stewart unit offers 4-day pass to play Grand Theft Auto VI for reenlistment
The 9th Brigade Engineer Battalion at Fort Stewart is granting soldiers four days off to play GTA VI if they reenlist by November 14, 2026.
-
Stripe to acquire AI model routing startup OpenRouter for about $7.5 billion
Stripe announced plans to buy AI model routing startup OpenRouter for about $7.5 billion on August 19, 2026.
-
China urges US to withdraw planned 100% tariffs on drone imports citing harm to trade
China called on the US to immediately remove the new tariffs of up to 100% on drone imports set to start September 3, 2026.
-
AIA reports 13% growth in half-year new business value led by Hong Kong and China
AIA Group posted a 13% rise in new business value to US$3.21 billion in H1 2026, driven by strong sales in Hong Kong and China.
-
Evergrande Founder Xu Jiayin Sentenced to Life Imprisonment, Group Fined 158 Billion RMB
Xu Jiayin, founder of Evergrande, was sentenced to life imprisonment and fined alongside the group for multiple financial crimes on August 20, 2026.
-
Shein delays Hong Kong IPO debut to September with lower valuation
Shein postponed its Hong Kong IPO to September, setting a reduced valuation of $25-$27 billion amid investor delays.
-
Kaohsiung attracts NT$2.7 trillion investment in six years, emerging as semiconductor and AI hub
Kaohsiung has secured over NT$2.7 trillion in investments under Mayor Chen Chi-mai, transforming into a center for advanced manufacturing, semiconductors, AI, and finance.
-
Alibaba reports 9% revenue rise in April-June quarter driven by AI cloud growth
Alibaba's revenue rose 9% year-on-year to about 269 billion yuan in Q1 2026, led by a 45% jump in AI cloud services amid a profit decline.
-
Moderna and Merck's personalized mRNA vaccine cuts melanoma recurrence in Phase 3 trial
Moderna and Merck announced that their personalized mRNA vaccine intismeran autogene significantly reduces melanoma recurrence in a large Phase 3 trial.
-
Founder of China Evergrande sentenced to life in prison over fraud charges
Hui Ka Yan, founder of China Evergrande Group, was sentenced to life imprisonment and had all personal property confiscated amid multiple fraud charges.
-
Hong Kong proposes sweeping tax exemptions to attract hedge funds and asset managers
Hong Kong government introduced a bill to exempt carried interest and performance fees from taxes for hedge funds and asset managers.
-
SK Hynix launches $29 billion buyback and boosts shareholder returns through 2027
SK Hynix announced a 40 trillion won ($29 billion) stock buyback and plans to allocate over 50% of free cash flow to shareholder returns from 2025 to 2027.
-
US Treasury doubles long-term bond buybacks to at least $40 billion per operation
On August 19, 2026, the US Treasury announced it would double long-term bond buybacks to at least $40 billion per operation to stabilize rising yields.
-
Chinese Workers Show Mixed Views as AI Tools Spread in Workplaces
Over 30 workers and job seekers across China express both hope and caution as AI tools become common in jobs, with some embracing new roles and others needing to adapt.