China launched a group of internet satellites into orbit late on Tuesday night, according to China Aerospace Science and Technology Corp, the leading State-owned space contractor. The satellites, part of the 18th group of low-orbit hardware in China’s State-owned internet network, were lifted by a Long March 8A carrier rocket that blasted off at 11:25 pm from the Hainan International Commercial Aerospace Launch Center, a coastal spaceport in Wenchang city, and soon reached their orbital positions, CASC said in a news release. The satellites were designed and made by the…
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The ongoing Dutch restrictions against Chinese-owned chipmaker Nexperia risk causing “multi-layered and irreversible” real-world damage to the stability of semiconductor supply chains in Europe and globally, deputy chief of a chip industry association has warned in an exclusive interview with the Global Times. The comments from Wei Shaojun, vice chairman of the China Semiconductor Industry Association (CSIA), came in response to the Netherlands placing Nexperia under special administrative measures over so-called security concerns. The Dutch Ministry of Economic Affairs revealed on October 12, 2025 that it had invoked the 1952…
Chinese A-share tech stocks extended last week’s rally on Monday, with more than half of the sector rising in early trading and seven stocks posting gains of more than 5 percent. On Sunday, Bloomberg described China’s market performance by “another key element of investing in Asia tech.” Earnings growth for a gauge of China’s tech megacaps is poised for a major inflection point in 2026 when it’s expected to overtake Magnificent 7 for the first time since 2022, Bloomberg reported on Sunday. As enthusiasm for the nation’s tech sector picked…
China announced on Friday that it will change export tax rebates for a range of products, including photovoltaic and battery products. The announcement, jointly issued by the Ministry of Finance and the State Taxation Administration, said that export tax rebates for the value added tax of photovoltaic products will be canceled starting from April 1, 2026. Meanwhile, the export tax rebate rate for the value added tax of battery products will be reduced from 9 percent to 6 percent starting from April 1, 2026, and will be eliminated starting from…
In his annual address to French ambassadors at the Élysée Palace in Paris on Thursday, French President Emmanuel Macron outlined France’s foreign policy priorities, sharply criticizing the US for “gradually turning away” from some of its allies and “breaking free from international rules,” while leveling criticisms and claims against China and Russia, according to a press release issued by the Élysée Palace. A Chinese expert noted that Macron’s criticism appears to be mostly aimed at the US following a series of Washington’s actions, although he also criticized Russia and made…
When Karyna Kovalevska, an 18-year-old from Ukraine, first visited China in 2019 as part of a Confucius Institute summer exchange program, she never imagined the country would one day become her second home. The program began in Anhui province, where she eagerly took on the challenge of learning an entirely new language. Chinese wasn’t easy — but it was exciting. “It’s so different from Ukrainian or Russian,” she said. “It felt like stepping into a whole new world.” Kovalevska was amazed by the kindness and generosity she encountered, even though…
The Chinese People’s Liberation Army (PLA) Navy has commissioned a new Type 052D guided missile destroyer, which features upgraded radar, weapon and network systems, leading to enhanced regional air defense, sea attack and task force command capabilities, official media reported. The newly commissioned Type 052D is named Loudi, with the hull number 176, the military channel of China Central Television (CCTV) reported on Thursday. Official media reports show that China’s first Type 052D destroyer, the Kunming, entered service with the PLA Navy on March 21, 2014. Since then, multiple hulls…
The US has halted plans to impose sanctions on China’s Ministry of State Security over a massive cyber espionage campaign in order to avoid derailing the trade truce presidents Donald Trump and Xi Jinping struck in October. Current and former US officials said plans to impose sanctions on the spy agency — and contractors it is allegedly using to conduct a hacking campaign against US telecom networks called “Salt Typhoon” — were put on hold to avoid undermining the US-China détente. The administration would also not enact major new export…
China National Offshore Oil Corporation (CNOOC) on Sunday announced cumulative output from the offshore oil and gas at the Bohai Oilfield, China’s largest crude oil production base, has exceeded 40 million tons, setting a new record and providing solid support for national energy security and high-quality economic and social development. Bohai Oilfield is China’s largest and most productive offshore oilfield. Since the beginning of the year, the oilfield has comprehensively strengthened its production capacity, promoted intelligent drilling and completion processes and the standardized upgrading of engineering systems, and many new…
The total number of passengers at the Hainan Sanya Phoenix International Airport in Sanya, South China’s Hainan Province in 2025, has set a new record high on Saturday, the state broadcaster China Central Television (CCTV) News reported on Sunday. As of December 20, the airport recorded a cumulative total of 133,599 flight take-offs and landings so far this year, witnessing total passengersof 21.849 million, and cargo throughput amounting to 113,000 tons. These figures represent year-on-year growth of 7.0 percent, 5.8 percent, and 16.3 percent, respectively, according to the report. Among…