China News

Car sales in mainland China are likely to slide in 2026, breaking a six-year streak, if Beijing stops granting cash subsidies and tax incentives to buyers, according to a JPMorgan forecast that looms over the earnings outlook for the country’s 100-odd vehicle assemblers. “We expect retail [car] sales to see flat growth next year in a bullish scenario,” Nick Lai, head of auto research in Asia-Pacific at JPMorgan, said in an interview. “The market has more than a 50 per cent chance of seeing...

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With an eye to transforming Cambodia into a Southeast Asian travel and cargo hub, a new US$2.3 billion airport – developed by a venture affiliated with one of the country’s wealthiest men – was opened at a grand ceremony near Phnom Penh, where officials and business leaders praised the project for enhancing regional connectivity and deepening links with Hong Kong and mainland China. Techo International Airport (TIA), which has replaced the Cambodian capital’s previous facility, has been forecast...

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Huawei Technologies on Wednesday released to consumers in China the latest version of its proprietary operating system, HarmonyOS 6, that enables direct file transfers between Huawei and Apple devices for the first time. HarmonyOS 6, which was initially made available to developers in June, is expected to be found in more than 90 Huawei devices including the Mate 70 and Pura 80 smartphones, according to the company. The updated mobile operating system’s new function, which is similar to Apple’s...

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China should break free from Western “discourse traps” over issues such as state subsidies, democracy and the global order to challenge “double standards” about its rise, a former official policy adviser has urged. Ding Yifan, a former deputy director of the Institute of World Development, a government think tank, also said many Chinese scholars were reluctant to argue that the Communist Party had played a key role in China’s “remarkable” development because of criticisms it was autocratic. But...

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Global hotel chain operator Hilton plans to double down on brands that can meet evolving lifestyle demands and offer luxury experiences in mainland China, reinforcing its rapid expansion in the world’s second-largest economy. Qian Jin, president of Hilton Greater China and Mongolia, said in an interview this week that the US hospitality group remained bullish on the mainland’s market, where Gen Z consumers and millennials’ pursuit of cultural and personal enrichment created a new growth engine...

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Beijing is likely to view the growing defence cooperation between India, South Korea and Australia as a strategic effort to contain China in the Indo-Pacific, according to analysts. They said closer defence ties between the three reflected concerns over a possible security vacuum in case the United States reduced its military presence in the region. The Indian naval vessel Sahyadri docked at Busan naval port in South Korea on October 13, according to a statement from India’s Ministry of...

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As China prepares to unveil its next five-year plan on Thursday, the mouthpiece of the country’s ruling Communist Party has styled the nation’s socialist system as a source of strength that powers the development of the vast Chinese economy and provides stability to the global economy. In an editorial published on Thursday morning, People’s Daily said that China’s five-year plans provided clear direction and predictability amid global uncertainty, with the country estimated to have contributed...

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China could beat the United States to become the first country to find water on the moon, with all international payloads already handed over for its next robotic lunar mission which is slated for launch in August. Tang Yuhua, deputy chief designer for the Chang’e-7 mission, said the spacecraft’s development was progressing smoothly, with scientific instruments from six national partners and one NGO delivered to the China National Space Administration. The instruments have been provided by...

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China’s Vice-Premier He Lifeng will hold trade talks with US officials during a visit to Malaysia from Friday to Monday, Beijing’s Ministry of Commerce said on Thursday. The two sides will “consult on important issues in China-US economic and trade relations” in keeping with the “consensus reached during multiple phone calls by the two nations’ leaders this year”, the ministry confirmed in a statement on its official website. The coming negotiation will mark the fifth round of trade talks...

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A Chinese firm under chipmaker Nexperia has openly challenged its Netherlands-based head office, accusing it of spreading misinformation to customers and further raising tensions in a dispute that could affect the stability of global industrial supply chains. Nexperia (Shanghai), one of nine China-registered entities under the Dutch company, asserted its independent operational status in a public letter to customers on its WeChat account, published in both English and Chinese, on Thursday. The...

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China’s top legislative body said it would require stronger regulation of artificial intelligence (AI) safety and ethics in an amendment to the country’s Cybersecurity Law. Wang Xiang, spokesman for the Legislative Affairs Commission of the National People’s Congress (NPC) Standing Committee, told reporters in Beijing on Thursday that the amendment draft had been reviewed for the first time last month. At that time, it was agreed that the draft would be amended to become the “guiding principle...

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China has promoted Zhang Shengmin, the military’s anti-graft chief, to vice-chair of the powerful Central Military Commission (CMC) headed by President Xi Jinping. Zhang Fengzhong, a senior general with the PLA’s Rocket Force, has been placed under a corruption probe. Zhang Fengzhong was an alternative member of the Central Committee. The decisions were announced in the communique of the fourth plenary session of the Party Central Committee, which concluded on Thursday. Zhang Shengmin, 67,...

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