China · Business
Same event, multiple sources, transparently cited.
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China appoints Guangyan to coordinate overseas mining investments under NDRC oversight
China named state-owned Guangyan to lead overseas metals mining deals with stricter government oversight by NDRC.
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Stephen Curry Signs 10-Year Endorsement Deal With Chinese Brand Li-Ning
Stephen Curry ended his Under Armour partnership and signed a 10-year deal with Chinese sportswear company Li-Ning in June 2026.
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OECD lowers 2026 global growth forecast to 2.8% amid Middle East war and steel sector strains
OECD cut the global growth outlook for 2026 to 2.8%, citing Middle East conflict impacts and warned on risks to steel industry viability.
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At Least Seven Chinese Military-Linked Universities Seek Nvidia H200 AI Chips Amid Export Controls
Seven Chinese universities connected to the military have tried to acquire Nvidia's H200 AI chips despite US export restrictions.
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China enforces rules requiring physical shops for food delivery services to curb ghost kitchens
China began enforcing regulations June 1 requiring food delivery merchants to have physical storefronts and disclose dine-in availability to combat ghost kitchens.
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Nio delivers 37,705 vehicles in May 2026, up 62.3% year on year
Nio delivered 37,705 vehicles in May 2026, marking a 62.3% increase from last year and launched two new SUVs during the month.
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South Korea overtakes India as world's sixth-largest stock market on AI chip surge
South Korea's stock market cap hit about US$5 trillion in 2026, surpassing India’s US$4.8 trillion driven by AI chipmakers Samsung and SK Hynix.
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China issues new regulations tightening overseas investment controls to curb tech outflow
China's State Council announced new overseas investment rules effective July 1 to restrict export of sensitive technology and data abroad.
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US Military Coordinated About 70 Merchant Ships Through Strait of Hormuz Without Escort
The US military quietly guided roughly 70 merchant ships through the Strait of Hormuz in May, offering communications and routing advice but no direct escort.
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SpaceX reserves 5% of IPO shares for employees and select associates
SpaceX will reserve up to 5% of shares in its IPO for employees and executive associates through a direct share program allowing immediate sales.
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Russia bans jet fuel exports until November 30 to protect domestic supplies
Russia announced a temporary jet fuel export ban starting June 1 to safeguard domestic fuel, lasting until November 30, 2026.
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China tightens overseas investment and trade secret rules to curb tech and talent outflows
China issued new regulations June 1 tightening controls on outbound investments and trade secret protections to block technology and talent transfers abroad.
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South Korea's May Exports Soar 53%, Driven by AI Semiconductor Surge
South Korea's May 2026 exports jumped 53.2% year-on-year to a record $87.75 billion led by a 169.4% rise in semiconductor shipments.
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Japan launches anti-dumping probes on steel imports from China, South Korea, and Taiwan
Japan announced anti-dumping investigations on hot-rolled and cold-rolled steel imports from China, South Korea, and Taiwan on June 1, 2026.
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ECB's Alvaro Santos Pereira urges earlier action to curb inflation risks
Alvaro Santos Pereira called on the European Central Bank to act swiftly to prevent worsening inflation effects.
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Mainland Chinese buyers drive Hong Kong property sales to two-year high in April 2026
Mainland Chinese homebuyer registrations in Hong Kong jumped 48% in April 2026, boosting overall property sales to highest monthly level since April 2024.
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CapitaLand Investment cuts China workforce by 10% amid real estate crisis in 2025
CapitaLand Investment Ltd reduced its China workforce by about 365 employees, or 10%, in 2025 following China’s real estate downturn.
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Illegal mine collapse in Yunnan kills five workers, one injured
An illegal mine collapsed in Huize County, Yunnan, trapping six workers; five died and one was injured.
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Japan's Defense Minister Rejects China's 'New Militarism' Claims at Singapore Summit
Japan's Defense Minister Shinjiro Koizumi denied accusations of 'new militarism' by China and criticized China's military expansion at the Shangri-La Dialogue.
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China's May Manufacturing PMI Holds at 50.0, Signaling Stable but Slowing Growth
China's official manufacturing PMI for May 2026 stood at 50.0, indicating stable but weakening expansion after two months of growth.
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Brazil emerges as key rare earths producer challenging China's dominance
Brazil holds the world's second-largest rare earth reserves and is expanding mining projects to rival China’s market share.
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Japanese yen hits lowest real purchasing power since 1970s amid wide trade deficit
The Japanese yen's real effective exchange rate fell to its lowest level since the 1970s, prompting massive government intervention amid rising trade deficits.
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US faces decade-long challenge to reduce reliance on China's rare earths
The US will need a decade to address the $1.2 trillion rare earth crisis caused by China's market dominance.
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EU signals tougher trade stance on China, China warns of retaliation
The European Commission said EU-China trade ties are unsustainable and proposed stricter trade measures; China vowed to retaliate against any new restrictions.