# China

Latest news and articles about China

Total: 498 articles found

Active Asian market scene showcasing an indoor butcher stall with various meat cuts and vibrant red seating.
Business

China’s New-For-Old Subsidies Spark Surge in Appliance and Smart-Device Sales, Selling Over 15 Million Units in January

China’s subsidy programme for appliance trade‑ins and purchases of digital and smart products produced more than 15 million unit sales in January, generating nearly 590 billion yuan in turnover. The rapid local rollout — with all 32 regions activating subsidies — signals an early policy success in boosting consumption and encouraging greener, higher‑tech upgrades, though risks remain around front‑loading, fiscal cost and recycling capacity.

NeTe2026年2月3日 12:50
#China#consumer subsidies#appliance trade‑in
Close-up of a person examining a Bitcoin with a magnifying glass, highlighting cryptocurrency focus.
Business

Retail Traders Double Down as Gold Crashes; Chinese Banks Raise Bar to Curb Risk

A sharp fall in global gold prices at the end of January and early February prompted Chinese retail investors to average down aggressively while major banks raised minimums and issued warnings to curb risk. The episode reflects growing retail participation in precious‑metals markets and a tension between long‑term structural demand drivers for gold and short‑term monetary policy signals that can reverse price gains rapidly.

SoBiz2026年2月3日 12:40
#gold#China#retail investors
Air China passenger jet soaring through a clear blue sky, showcasing modern air travel.
Business

China's Markets Steady as Tech and Aerospace Advance, Gold Surges and Platforms Trim Creator Tools

Chinese equities advanced broadly on February 3, buoyed by gains in space, photovoltaic and chip-related sectors while international spot gold spiked nearly 6%, lifting mining stocks. Key industrial developments included the first flight of a hybrid-propulsion unmanned transport aircraft and a private reusable rocket planned for mid-2026, amid renewed travel flows and provincial housing-stability measures.

SoBiz2026年2月3日 12:40
#China#Aerospace#A-shares
A close-up view of a bookshelf with books featuring political leaders in a bookstore setting.
World

Trump’s Iran Gamble: Bluster, Bargaining and What It Means for China

President Trump’s simultaneous threat of force and offer of talks toward Iran reflects deliberate brinkmanship intended to maximize U.S. leverage. Tehran remains resistant on core issues such as ballistic missiles and regional influence, and a military campaign would carry heavy regional and global costs that complicate any claimed benefits for China.

SoMi2026年2月3日 12:30
#Donald Trump#Iran#China
A tranquil view of rippling sand dunes in Zhongwei, Ningxia, China.
World

Ningxia’s Quiet Campaign to Rebuild Veterans’ Lives: A Model of Integrated, Localized Welfare

Ningxia has redesigned veteran assistance from ad hoc charity into a coordinated, multi‑agency welfare system that pairs caseworkers with needy veterans, uses dynamic ledgers, and mobilises social organisations. The programme reports thousands assisted and measurable exits from poverty, while raising questions about financing and scalability beyond small autonomous regions.

SoMi2026年2月3日 12:20
#China#veterans#Ningxia
Close-up of DeepSeek AI chat interface on a laptop screen in low light.
Technology

China’s Tech Giants Burn Billions in a New Year ‘Red-Envelope’ Bet to Buy AI Habit

China’s leading tech firms have poured 45 billion yuan into Spring Festival promotions that tie cash rewards to usage of AI assistants, aiming to convert holiday curiosity into habitual use. The campaign marks a strategic shift from traffic grabs to direct competition for the status of ‘AI super‑entry,’ but its long‑term success will depend on retention and differentiated product value.

SoBiz2026年2月3日 07:10
#China#AI assistants#Tencent
A romantic moment of a couple under a veil with a city skyline backdrop.
World

China’s 2025 Marriage Spike: Policy Changes and Folklore Produce a Likely One‑Year Bounce

China saw a sharp increase in marriage registrations in 2025—driven by a removal of hukou limits in a revised Marriage Registration Ordinance and auspicious lunar‑calendar timing. Analysts warn the rise is probably a temporary rebound and that deeper economic constraints will determine longer‑term marriage and fertility trends.

SoBiz2026年2月3日 07:00
#China#marriage#hukou
Explore the dynamic skyline of Hong Kong with towering skyscrapers and bustling waterfront activity.
Business

China’s Only Silver Futures Fund Plunges 31.5% in One Day as Retail Arbitrage Unravels

Guotou-UBS’s silver LOF plunged 31.5% in a single day after the manager revalued domestic Shanghai silver futures positions by reference to international prices, creating a rush of limit-down selling and exposing a socially-driven retail arbitrage bubble. The fund — China’s only public vehicle tracking silver futures — faces possible further limit-down sessions as investors try to escape a crowded position.

SoBiz2026年2月3日 07:00
#China#silver#Guotou-UBS
Close-up of assorted coins in silver, gold, and copper on a black background, showing various currencies and denominations.
Business

Gen‑Z Caught in the Silver Storm: How a record precious‑metals swing turned a trendy fund into a classroom for retail investors

A historic surge and collapse in gold and silver prices at the end of January exposed fragile market mechanics and left many Chinese retail investors—particularly Gen‑Z—caught in volatile trades around Guotou Silver LOF (161226). The shock combined stretched valuations, elevated implied volatility, regulatory curbs and a hawkish shift in U.S. monetary policy to produce a rapid deleveraging in precious metals.

SoBiz2026年2月3日 06:50
#silver#gold#China
Burlap sack filled with hundred dollar bills against a clean blue background, symbolizing wealth and savings.
Business

How a Star Manager and Strategic Drift Turned a Promising China Fund into a Cautionary Tale

A Huaxia Fund product launched in late 2020 with a tech-and-consumption strategy has underperformed severely, suffering near-50% cumulative losses and a nearly 70% drawdown amid manager turnover and strategy drift. Successive managers failed to restore performance in time to capture the 2024–25 AI-led market recovery, exposing governance and succession weaknesses within the asset manager. The episode highlights systemic risks in China’s mutual fund industry: overreliance on star managers, misalignment between rhetoric and trading, and the reputational danger of poor product governance.

NeMo2026年2月3日 06:19
#China#asset management#mutual funds
Close-up of a person examining a credit card authorization form inside an office setting.
Health

How ‘Free’ Psychiatric Beds Became a Lucrative Fraud: Inside China’s Private Mental‑health Market

An undercover probe by New Beijing News uncovered systematic insurance fraud and abuse at private psychiatric hospitals in Hubei, where facilities recruit patients with promises of free care, fabricate diagnoses and billable treatments, and sometimes coerce or harm inpatients. The practices—paired with “fake discharge” tactics to evade audits—have siphoned public medical insurance funds and left vulnerable patients mistreated and trapped.

NeMo2026年2月3日 06:10
#mental health#insurance fraud#China
Vibrant close-up of a 3D printer creating a prototype with red and blue lights.
World

China Shows Drone-Mounted Gun in Tibet Drill, Signaling New Low-Cost Firepower for High-Altitude Warfare

Chinese state media released footage of a drone fitted with a gun firing during motorized troop exercises in Tibet, signaling an operational push to integrate armed UAVs into high-altitude combined-arms tactics. The demonstration highlights both the PLA’s interest in cost-effective, distributed firepower and the technical limits and countermeasures that such systems will provoke.

SoMi2026年2月3日 06:00
#China#PLA#armed drones