Beijing
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financeXi Jinping Pivots China Toward Services Amid Economic Headwinds
President Xi targets services sector growth and 4.5-5% GDP expansion for 2026, rejecting sweeping stimulus as Beijing addresses persistent property market challenges.
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techMoonshot AI Launches Kimi Work: 300 Local Agents Redefine Desktop Productivity
Moonshot AI debuts Kimi Work, leveraging the K2.6 model to run 300 parallel AI agents locally. The Beijing firm's valuation surges to $20B amid aggressive expansion.
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financeChina Credit Resilience: Aggregate Financing Beats Estimates Despite Demand Concerns
China’s Total Social Financing reached CNY17.48 trillion through May 2026, beating consensus. However, weak April data raises questions about underlying private credit demand and fiscal reliance.
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techChina’s Indium Phosphide Export Controls Threaten Global AI Infrastructure Rollout
Beijing's export restrictions on indium phosphide are creating critical supply bottlenecks for AI data centers, forcing US manufacturers to accelerate domestic production despite multi-year qualification timelines.
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healthWorld's Youngest Alzheimer's Patient Diagnosed at 19 in China
Chinese doctors diagnose a 19-year-old with probable Alzheimer's, the youngest case ever without known genetic mutations.
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financeTiger Brokers Bars China-Based Investors From Adding New Positions
Tiger Brokers halts new positions for mainland China investors from June 12, complying with Beijing's tighter regulations.
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financeBoeing CEO: China Deal for 200 Jets Is Just the Start, 750 Planned
Boeing CEO Kelly Ortberg confirms a 200-jet deal with China is the first phase, with potential expansion to 750 aircraft.
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worldBYD Confirms Canadian Launch in Late 2026, Plans Over 20 Dealerships
Chinese EV giant BYD announces Canadian expansion with 20+ dealerships in major cities, starting late 2026.