China · Business
Same event, multiple sources, transparently cited.
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France imposes levy on ultra-fast fashion platforms Shein and Temu from September 1, 2026
France began charging fees on ultra-fast fashion items sold by platforms like Shein and Temu, aiming to curb low-cost, high-volume clothing sales.
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PwC Partners Weigh Personal Asset Protections Over Evergrande's $8.4B Audit Lawsuit
PwC partners in Hong Kong and China consider personal asset shields amid Evergrande's $8.4 billion audit negligence lawsuit.
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Oracle Capital Expenditure Hits $55.7 Billion in Fiscal 2026, Surpassing Guidance
Oracle reported $55.7 billion capital expenditure for fiscal 2026, beating its $50 billion target amid heavy AI infrastructure investment.
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Chinese property stocks plunge after new presale mortgage rules take effect
Shares of Chinese property developers fell sharply on August 31 after new rules barred mortgages before project completion.
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SK Hynix studies joint venture to build memory chip plant in Japan amid AI demand
SK Hynix is exploring a joint venture to build a memory chip plant in Japan to meet AI-driven demand and control costs.
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China's factory activity contracts for second month with PMI at 49.8 in August 2026
China's manufacturing PMI rose to 49.8 in August 2026 but stayed below 50, signaling ongoing contraction in factory activity.
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Shein CEO Sky Xu’s net worth falls $15 billion as IPO valuation drops
Shein will list in Hong Kong on September 1 at a valuation just over $25 billion, down from $100 billion in 2022, cutting CEO Sky Xu's wealth by $15 billion.
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Rising bond yields add $16 billion to G7 debt costs amid US-Iran war
Since February, rising bond yields after the US-Iran conflict have increased G7 countries' debt servicing costs by $16 billion.
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Sony faces $7.85M settlement in US antitrust lawsuit over PlayStation digital game sales
Sony agreed to a $7.85 million settlement over an antitrust lawsuit alleging restrictive digital game sales practices in the US.
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US Treasury Secretary urges G20 to rethink trade terms with China over imbalances
US Treasury Secretary Scott Bessent called on G20 countries to reconsider trade terms with China to reduce global imbalances and boost its domestic consumption.
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Bank of America warns US stock market bubble as 70% bear market signals trigger
Bank of America reports 70% of bear market signals for US stocks triggered, matching historic bubble peaks and warns of downside risk.
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Chinese EV Makers Accelerate Mass Production Plans for Humanoid Robots Competing With Tesla
Chinese EV companies including BYD and Xpeng are expanding into humanoid robot commercialization, aiming for large-scale production and global sales.
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Blackstone plans to sell over $2 billion in private investment fund stakes
Blackstone Inc is seeking to sell more than $2 billion of stakes in private investment funds through a collateralised fund obligation.
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China's car sales fall 22% in May, Volkswagen pushes local EVs amid market slump
China's car sales fell about 22% year-on-year in May 2026, extending an eight-month decline amid weakening domestic demand and falling EV sales.
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Hong Kong’s Hang Seng Tech Index adds AI firms MiniMax and Zhipu amid market decline
Hong Kong’s Hang Seng Tech Index included AI companies MiniMax and Zhipu despite regional market losses on August 28, 2026.
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German Factory Orders Drop 3.8% in April, Worse Than Expected Amid Economic Risks
German factory orders fell 3.8% in April 2026, missing forecasts and signaling challenges for the economy.
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South Korean and Taiwanese stocks plunge on AI selloff and rising geopolitical tensions
South Korean Kospi and Taiwanese stocks fell sharply amid a broad AI tech selloff and regional geopolitical risks on June 8, 2026.
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Asian Stocks Slide as US Rate Hike Fears and AI Sell-Off Hit Markets
Asian stock markets fell sharply June 8, pressured by US Fed rate concerns, elevated oil prices, and AI sector sell-offs.
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Brazil’s Embraer plans eventual entry of E2 jets into Chinese market
Embraer aims to introduce E2 family jets into China as a complement to local aircraft, with a dedicated Beijing team promoting the models.
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Honda and Nissan expected to finalize joint vehicle software deal by August 31, 2026
Honda and Nissan are expected to reach an agreement by August 31 on developing shared vehicle software for 2029 models.
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Jumbo Group invests S$10 million in new Singapore HQ for China focus and growth
Jumbo Group is investing S$10 million to build a new headquarters in Tai Seng, expanding capacity and refocusing China operations on Shanghai.
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German Carmakers Explore Chinese and Defense Partnerships to Use Idle Plants
German carmakers consider partnerships with Chinese firms and defense companies to address underused factories amid weakening demand and rising competition.
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China Plans Overhaul of Fund Industry and Tightens Programme Trading Oversight
China Securities Regulatory Commission unveiled a three-year plan and new framework to reform private funds and strengthen programme trading supervision.
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Global Airline Leaders Tackle Fuel Cost Surge and Aircraft Shortages at 2026 IATA Summit
Airline chiefs at the 2026 IATA summit in Rio addressed soaring fuel prices and aircraft delivery delays impacting profits.