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Celebrate in style with elegant champagne glasses and golden wrapped chocolates on a pink background.
Business2/11/2026, 2:44:38 AM

From Baijiu to Bots: How China’s Spring Gala Became an AI and Robot Showcase

China’s 2026 Spring Festival Gala has pivoted from traditional sponsors such as baijiu brands toward AI assistants, robots and internet platforms. ByteDance’s Doubao and several robotics firms are using the national broadcast to seed user growth and investor interest, but the technology and commercialization behind the spectacle remain nascent.

Dramatic ship launch at a port in Niedersachsen, Germany, capturing a vessel entering the water.
Technology2/11/2026, 2:34:42 AM

China Establishes New Hainan Hub to Turn Wenchang into a National Launch and Aerospace Manufacturing Base

China has formally established a Hainan New Area of the China Academy of Launch Vehicle Technology in Wenchang, creating a consolidated local structure for R&D, assembly, testing and launch services. The move leverages Hainan's low latitude and free‑trade policies to accelerate China's aerospace industrialisation and improve its launch capacity for both commercial and dual‑use missions.

Close-up of a child's hand interacting with a solar system model for a school project.
Technology2/11/2026, 2:34:40 AM

Amazon Cleared to Add 4,500 Satellites — Kuiper’s LEO Service Nears Launch as Orbital Competition Intensifies

The FCC has authorised Amazon to add 4,500 satellites, bringing its Kuiper/Leo constellation to about 7,700 craft and positioning the company to start commercial LEO internet service later this year. Amazon is accelerating launches through multiple providers, seeking deadline relief from the FCC, and entering a scaling race with SpaceX, whose far larger satellite ambitions could reshape launch economics and orbital governance.

White hyacinth with ribbon and Happy Easter card on a white background.
Business2/11/2026, 2:34:37 AM

Chinese Errand App Pulls 'Proxy New‑Year Visit' After Outcry, Offers Triple Refunds and Charity Drive

UU Paotui removed a contested “proxy New‑Year visit” service after social‑media backlash, pledged triple refunds for unfulfilled orders and launched a charity campaign to mend its image. The incident underscores the cultural sensitivity and reputational risks Chinese platforms face when monetising intimate, ritualised services.

Retro cassette tape featuring Chinese text, perfect for vintage music themes.
Technology2/11/2026, 2:24:48 AM

SMIC Projects Roughly 40,000‑Wafer Monthly Capacity Gain in 2026 but Flags Rising Depreciation

SMIC expects its monthly capacity to rise by about 40,000 12‑inch wafer equivalents by the end of 2026 over last year, but warns that early equipment purchases may not immediately translate into full production. Heavy capital spending will lift depreciation by around 30% year‑on‑year in 2026, squeezing margins unless utilization and cost efficiency improve.

Aerial shot of combine harvester working in a wheat field during summer in Pinetops, NC.
Technology2/11/2026, 2:24:46 AM

SMIC Posts Healthy 2025 Profit Gain as Chinese Foundry Doubles Down on Capacity — but Growth Outlook Is Cautious

SMIC reported a 2025 revenue increase of about 16% and a 36% rise in net profit, driven by higher wafer shipments, improved utilisation and a better product mix. The firm spent $8.1 billion on capital expenditure in 2025 and guided for flat first‑quarter sales and an 18–20% gross margin, while forecasting full‑year growth above its peers and capex roughly unchanged.

High-quality image of US $100 bills scattered on a white surface. Ideal for financial themes.
Business2/11/2026, 2:24:41 AM

PBOC Sticks to ‘Moderate Ease’ as Liquidity Fuels Market Rally and a Memory-Price Surge

China’s central bank has reiterated a ‘moderately loose’ stance, with room to cut reserve requirements and interest rates, underpinning a surge in liquidity that is lifting markets and prompting renewed investment in sectors from memory chips to low‑altitude communications. The policy posture is encouraging private fund growth and corporate capital raising, but it also raises the prospect of speculative excess that regulators are already monitoring.

Four women browsing clothes and items at an indoor swap party, focused on sustainable living.
Business2/11/2026, 2:24:34 AM

NIO’s Long Shot: Profitability This Year and a 5‑Million‑Unit Dream by 2035

NIO’s CEO Li Bin has set bold targets: achieve non‑GAAP profitability in 2026 and sustain 40–50% annual growth toward a 2035 ambition of 5 million vehicles. To reach these goals the company will sharpen R&D spending, expand its battery‑swap and retail footprint, and reorganise around customer‑centric business units to improve efficiency and resource allocation.

Chinese national flag flying high against a clear blue sky, symbolizing unity and pride.
Business2/11/2026, 2:14:52 AM

China’s Consumer Prices Tick Up as Factory Deflation Eases — But Underlying Dynamics Remain Mixed

January data show China’s headline CPI barely rose, held down by a strong base from last year’s Lunar New Year and falling food and energy prices. Core inflation and monthly PPI gains point to improving domestic demand and selective industrial recovery, but producer‑price weakness persists, leaving policymakers balancing support for growth with price stability.

Three jet fighters soar through the sky in a dramatic aerial formation, showcasing their power.
World2/11/2026, 2:14:45 AM

Supersonic Reach: How the J‑15 Armed with YJ‑15 Sharpens China’s Carrier Strike

A photo of a J‑15 fighter carrying the new YJ‑15 supersonic anti‑ship missile signals a meaningful upgrade in China’s carrier‑borne strike reach. With a lighter air‑launch design and a claimed range near 800 km, the missile extends PLA Navy standoff attack options, complicating regional defence planning even as it remains one element of a broader targeting and sensor ecosystem.

Stunning view of Shanghai's skyline featuring the iconic Oriental Pearl Tower and modern skyscrapers.
Business2/11/2026, 2:14:36 AM

China Stocks Open Lower as AI-Chip and Palm Oil Plays Lead a Broad Pullback

China’s main stock indexes opened lower on 11 February, dragged by declines in crude palm oil–linked stocks and semiconductor firms tied to AI compute and high‑bandwidth memory. The swing reflects a combination of profit‑taking, holiday‑thin liquidity and a reassessment of near‑term AI hardware deployment rather than a decisive change in long‑term demand trends.

Close-up of Scrabble tiles spelling 'Donald Trump' on a wooden table.
World2/11/2026, 2:04:38 AM

Netanyahu Races to Washington to Shape US‑Iran Talks: Demands Ballistic‑Missile and Proxy Limits

Benjamin Netanyahu made an expedited trip to Washington to press President Trump to insist that any US negotiations with Iran include limits on ballistic missiles and an end to support for regional proxies. Israel intends to deliver fresh intelligence and has warned that a nuclear‑only agreement would leave key Israeli security concerns unaddressed.

Green military tank with missile launchers on display outdoors with spectators.
World2/11/2026, 1:55:09 AM

Netanyahu’s Warning to Tehran: A Signal of Possible Unilateral Action, or Diplomatic Pressure on Washington?

Israel has accelerated a high-level visit to Washington after warning that Iran’s ballistic-missile programme constitutes an existential threat; Israeli officials say they may strike unilaterally if Tehran crosses unspecified red lines on missile range and numbers. Tel Aviv still prefers coordinated action with the United States, but the signal of possible independent action is meant to sharpen deterrence and press Washington for support.

Close-up of an F-35 fighter jet with a pilot waving, captured at Geelong, VIC.
Technology2/11/2026, 1:55:06 AM

Newest F-35s Reportedly Delivered Without Functional Radar, Raising Readiness and Industrial Concerns

A report says Lockheed Martin delivered a batch of F-35s since June 2025 without the AN/APG-85 radar installed, leaving only the radar pedestal and preventing simple retrofit with the older AN/APG-81. The gap could degrade readiness, increase retrofit costs and spotlight supply-chain and integration strains within the U.S. defense-industrial base.