Smaller banks shift to quality growth
China’s financial regulator is urging stronger action to address risks in small and medium-sized financial institutions, as they face pressure amid transformation and business model innovation, experts said. Going forward,…
China’s power usage hits 10 trillion kWh milestone in 2025
China’s annual electricity consumption has surpassed 10 trillion kilowatt-hours (kWh) for the first time in history, the National Energy Administration (NEA) announced on Saturday, marking a major milestone as the…
Drifting, South: The economics behind a Chinese film’s international win
Los-Angeles-based Chinese editor Yuntong “Hazel” Dai helps turn damaged footage and a missing scene of a Chinese micro-budget film into an overseas cash-point. As Drifting, South, a 16 mm short-film…
China and ASEAN to deepen cooperation in AI, digital security
The 6th ASEAN Digital Ministers’ Meeting and Related Meetings is held in Hanoi, Vietnam, on Friday. The 6th ASEAN Digital Ministers’ Meeting and Related Meetings was held in Hanoi, Vietnam,…
EU tourism nights at record 3.08 billion in 2025
In 2025, the estimated number of nights spent at tourist accommodation establishments in the EU reached 3.08 billion, exceeding the previous year by 61.5 million, or 2%. The growth in…
China to introduce ‘digital IDs’ for EV batteries to enhance recycling
China will assign a unique “digital identity” to every new-energy vehicle power battery to strengthen full-lifecycle supervision and promote safe, efficient recycling, the country’s top industry regulator said on Friday.…
LUYUAN powers China–Thailand youth exchange event
Electric scooters decorated with China’s giant panda mascot “Upanda”, supplied by Chinese electric vehicle manufacturer Luyuan Group, rolled through the streets of Bangkok this week, marking the launch of the…
Regulator stresses market stabilization, zero-tolerance of illegal activities
China’s top securities regulator highlighted the importance of consolidating the positive momentum of market stability, strictly investigating and punishing illegal activities such as excessive speculation and market manipulation, and resolutely…
Kuaishou seeks $2b in offshore bond sale to fund AI push
Chinese technology heavyweight Kuaishou Technology is raising about $2 billion through its first offshore dual-currency bond issuance, as it looks to tap overseas capital markets to support its intensified artificial…
China enacts new anti-money laundering measures
China promulgated on Friday the Administrative Measures for Special Anti-Money Laundering Preventive Measures, which will take effect on Feb 16. The measures require financial institutions to assume primary responsibility for…