China Economic Review
Charting China’s changing economic terrain · Since 1990

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Autos

China’s car sales slump as manufacturers look overseas

Retail sales of passenger vehicles in China fell 20.2% year-on-year in the first half of 2026 to 8.7 million units, reports Caixin. This comes as domestic…

July 9, 2026
Tech, Media & Telecom

Ant Group invests in AI healthcare

Ant Group has completed a strategic investment in Chinese health management startup Boohee, reports Caixin. This makes it the largest external shareholder with a stake of…

July 9, 2026
Banking & Finance

China now has seven of world’s ten biggest banks

China’s “big four” state-run banks are the largest in the world in terms of asset scale, reports the South China Morning Post. This underscores Beijing’s rising…

July 9, 2026
Politics & Society

Nanning city “sold” same plot of land 18 times to inflate fiscal revenue

A local government in China has been found to have falsified land sale deals to inflate fiscal revenues amid a five-year slump in the country’s property…

July 9, 2026
Tech, Media & Telecom

China issues security alert over Claude Code

A cybersecurity platform operated by China's industry ministry ​has warned that it had identified ‌a serious security "backdoor" risk in Anthropic's AI coding tool, Claude…

July 9, 2026
Tech, Media & Telecom

DeepSeek developing its own AI chip

Chinese startup DeepSeek is developing its own AI chip, reports Reuters citing inside sources. The push could reduce the company’s reliance on Nvidia and Huawei chips, which it…

July 8, 2026
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This Week · Jul 3, 2026

The low-altitude economy

One of the core goals of China's five-year plan just begun and an overall strategic economic direction is what is known as the low-altitude economy, and that means the use of all that space between the ground and the tops of buildings, and the altitude…

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