Authorities in Beijing have confirmed that the pilot involved in a deadly aviation incident last week deliberately steered a small tourist aircraft into a high-rise building, with newly released findings pointing to documented expressions of suicidal intent. The aircraft collided with the city’s tallest building, located in the Chaoyang......
Volvo Cars reported a decline in global vehicle sales during the second quarter of 2026, reflecting challenging market conditions despite continued growth in demand for its electrified models. The Swedish automaker sold 171,501 vehicles between April and June, a 5.6% decrease compared with the same period last year, according to figures released......
China and the European Union have agreed to strengthen their economic dialogue by holding regular ministerial-level meetings under their newly established trade and investment consultation mechanism, with the second session scheduled for this autumn. The announcement signals continued efforts by both sides to maintain communication on trade......
Super Micro Computer has confirmed that two employees at its Taiwan subsidiary have been detained as part of an investigation into the alleged illegal export of advanced artificial intelligence (AI) servers containing Nvidia chips to China. The company said two additional employees were questioned by prosecutors and later released on bail......
Myanmar's government is preparing to revive the long-delayed Myitsone hydropower project, a $3.6 billion dam backed by China that has remained one of the country's most controversial infrastructure developments for more than a decade. According to sources familiar with government discussions, authorities are aiming to complete the......
The U.S. Food and Drug Administration (FDA) has accepted for review multiple applications from China’s Hybio Pharmaceutical for a generic version of a widely used GLP-1 class drug, the company said in a stock exchange filing on Tuesday. The applications relate to an abbreviated new drug application for a tirzepatide injection, a treatment......
Chinese technology company Meituan has announced the release of LongCat-2.0, a next-generation large language model (LLM) that the company says was developed entirely using Chinese-made processors, marking a significant milestone in the country's drive for greater technological self-reliance. The Beijing-based food delivery and local......
China's Foreign Minister Wang Yi is set to embark on a week-long diplomatic mission across Northern Europe, underscoring Beijing's continued engagement with the Nordic region at a time of evolving geopolitical and economic dynamics. The Chinese foreign ministry announced that Wang Yi will travel to Denmark, Sweden, Finland and Norway......
China has announced new and tightened export restrictions targeting 40 Japanese companies, in a move that Beijing says is aimed at preventing the “remilitarization” of Japan amid growing political and security tensions between the two countries. According to a statement released by China’s Ministry of Commerce, 20 Japanese......
A 5.5-magnitude earthquake struck Sichuan Province in southwestern China early Monday, leaving 13 people with minor injuries and prompting a rapid emergency response from local authorities. According to official reports, the earthquake hit Gaoxian County in the city of Yibin shortly after midnight Beijing time. The epicenter was recorded......
Chinese entrepreneur Wang Bing has become one of the most talked-about figures in global markets after his fortune surged to $4.7 billion, following a dramatic rise in the value of shares in his company, Chongqing Jinori Technology. The sharp increase came after the company’s listing on the Shanghai Stock Exchange, where its stock reportedly......
Chinese memory chip manufacturer ChangXin Memory Technologies has reportedly secured a long-term supply agreement worth more than 20 billion yuan (approximately US$2.94 billion) with Tencent Holdings, reinforcing its position in China’s rapidly expanding semiconductor industry. According to sources familiar with the matter, the multi-year......
A key Volkswagen shareholder has suggested that the company could help safeguard jobs in Germany by producing car models domestically that are currently developed in China, amid growing uncertainty over the future of the automaker’s local manufacturing footprint. The proposal was made by Olaf Lies, premier of the German state of Lower......
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At the Heart of the 2026 World Cup
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