# China

Latest news and articles about China

Total: 498 articles found

Traditional architecture and serene riverside landscape in Beijing, China captured on a calm day.
Business

Yuan Strengthens Past 6.90 Against the Dollar, Hitting Highest Level in 33 Months

The yuan climbed past 6.90 per dollar on February 12, reaching levels not seen since May 2023 as both onshore and offshore markets rallied. The move reflects softer dollar dynamics, renewed foreign inflows and cautious central-bank guidance via a conservative midpoint setting, but risks from U.S. policy shifts and domestic growth surprises remain.

SoBiz2026年2月12日 10:44
#yuan#renminbi#China
A detailed close-up of fresh organic brown chicken eggs with visible specks on a vibrant red background.
Business

When an Egg Becomes Premium: How ‘Functional’ Labels Repriced China’s Staple

China’s egg market has fractured into multiple price tiers as producers and retailers attach nutrient and production‑process labels to ordinary eggs. The premium reflects real feed and logistics costs for some features and ambiguous, often unverifiable claims for others; regulatory tightening in 2025 is beginning to force a reckoning over which labels correspond to enduring supply‑chain investments.

SoBiz2026年2月12日 10:34
#eggs#functional food#China
Close-up of a red doorbell panel with multiple nameplates and buttons in a building.
World

A Model Gesture, A Real Signal: China’s Gifted J-20 Replica to Iran and What It Means

China’s presentation of a J-20 scale model to Iran’s air force commander is a symbolic signal of closer military-diplomatic ties rather than a precursor to sales of the stealth fighter. Analysts say Iran’s deeper problem is systemic: without airborne early warning, secure communications, sensors and integrated command systems, new fighters or long-range SAMs would have limited effect; more useful transfers would be point-defence, electronic-warfare equipment and civilian resilience gear.

SoMi2026年2月12日 10:34
#China#Iran#J-20
The European Union flag gracefully waving on a flagpole against a cloudy sky in Strasbourg, France.
World

Paris Proposes 30% China Tariff — Beijing Threatens Targeted Retaliation

A French body has proposed that the EU impose an about 30% tariff specifically on Chinese goods, prompting Beijing to outline at least three retaliatory options including anti-dumping probes into EU (notably French) wine, anti-discrimination investigations, and reciprocal tariffs. The proposal is likely illegal under WTO rules and risks targeted Chinese countermeasures that would hit French exporters and strain EU unity on China policy.

SoMi2026年2月12日 10:34
#China#European Union#France
Impressive aerial view of a Turkish Air Force jet maneuvering over forested terrain.
World

Through Fog and Rain: Eastern Theater Air Force Sharpens All‑Weather Combat Readiness

An Eastern Theater Air Force brigade conducted all‑weather training in fog and drizzle to sharpen pilots' emergency handling and air combat skills. The exercise underscored the PLA's emphasis on realistic, high‑tempo readiness and has implications for deterrence and operational resilience in the Taiwan‑adjacent theater.

SoMi2026年2月12日 10:24
#China#PLA Air Force#Eastern Theater
Close-up of military officer wearing uniform giving thumbs up gesture, ring visible.
World

Chinese Navy Unit Upgrades Family Housing Ahead of Lunar New Year to Boost Morale

A navy brigade in China’s Eastern Theater Command has refurbished temporary family housing and outdoor play areas ahead of the Lunar New Year, easing earlier shortages that forced families to stagger visits. The upgrades—featured in a SoMi report—aim to boost morale, retention and the everyday well‑being of servicemen posted away from home.

SoMi2026年2月12日 10:24
#PLA Navy#Eastern Theater Command#military welfare
Vivid display of colorful Chinese lanterns featuring traditional art in Nanjing, China.
Business

Beijing Injects Rmb20.5bn into Lunar New Year Consumption Blitz — Prize-invoice lottery and loan subsidies aim to jump‑start spending

Beijing has deployed roughly Rmb20.5 billion in vouchers, subsidies and prizes over a nine‑day Lunar New Year period to spur household spending, backed by a larger Rmb625 billion trade‑in fund and a Rmb100 billion prize‑invoice pilot. The package combines fiscal transfers, retail supply measures and financial easing aimed at converting available goods and services into sales, but its long‑term effectiveness depends on household confidence and income growth.

SoBiz2026年2月12日 05:04
#China#consumption#Spring Festival
Close-up of wooden Scrabble tiles spelling 'China' and 'Deepseek' on a wooden surface.
Technology

China’s Tech Giants Turn Spring Festival into an AI‑Fuelled Red‑Envelope Arms Race

China’s leading tech platforms have launched an extraordinary Lunar New Year promotional battle that blends cash red packets, steep discounts and AI features, with announced spends approaching 10 billion yuan (~$1.4bn). The campaigns aim not only to drive immediate consumption but to train users on AI interactions and lock them into each firm’s ecosystem.

SoBiz2026年2月12日 05:04
#China#AI#Tencent
Close-up of gold bars on a dark background, representing wealth and investment opportunities.
Business

Gold’s Decade of Reinvention: From Safe Haven to Strategic Reserve

Over the last decade gold has transformed from a peripheral hedge into a central asset, rising more than 300% from under $1,100 to peaks above $5,000 per ounce by early 2026. The shift is driven by sustained central-bank buying, weakening dollar share of reserves, low real interest rates and heightened geopolitical risk, but the market now displays greater volatility and complex implications for investors and policymakers.

SoBiz2026年2月12日 04:54
#gold#central banks#asset allocation
Close-up of three brown eggs on textured blue fabric; one egg is cracked open revealing the yolk.
Business

Premium by Promise: How 'Functional' Eggs Are Rewriting China's Egg Market

Chinese retailers and producers are charging significant premiums for eggs labelled as 'functional'—selenium‑enriched, DHA‑fortified, antibiotic‑free or suitable for raw consumption—by leveraging feed additives, tighter husbandry and marketing. Costs and risk management differ sharply across these claims, and tightening regulation is likely to compress ambiguous premiums, favouring integrated producers who can internalise the investments required.

SoBiz2026年2月12日 04:54
#eggs#food safety#China
A vintage typewriter displaying the word 'Deepfake' on paper outdoors, highlighting technology contrast.
Technology

Seedance 2.0: China’s Groundbreaking AI Video Engine That Both Liberates and Alarm

Seedance 2.0, a Chinese generative video model, can produce hyper-realistic footage by integrating image, motion, audio and text, lowering the barriers to making sophisticated video. Its realism has sparked copyright backlash and deepfake concerns even as China’s large user base, open-source releases and supportive AI policy accelerate development and adoption.

NeTe2026年2月12日 04:34
#Seedance 2.0#generative AI#deepfake
A group of people holding signs in a street protest, expressing dissent against political policies.
World

Beijing Says New Canada Partnership 'Not Targeting Any Third Party' After Trump's Hockey Quip

China’s foreign ministry responded to a remark by Donald Trump by stressing that its new strategic partnership with Canada is not aimed at any third party and is intended to benefit both peoples and global stability. The exchange highlights the diplomatic tightrope Canada faces between economic ties with China and security ties with the United States, while illustrating how high-profile rhetoric can shape international perceptions.

SoMi2026年2月12日 04:04
#China#Canada#Donald Trump