Month: November 2025

France hopes to establish a framework for ties between Brussels and Beijing “that serves mutual interests” when President Emmanuel Macron visits China next week, an Elysee Palace source said. “The purpose of [Macron’s] strategic conversation with President Xi Jinping is for Europe to be respected as a major partner of China and not as a variable in tensions,” the source – who chose to remain anonymous, citing professional norms in France – said during a briefing on Thursday. Macron will visit China from Wednesday to Friday next week and will…

Investors in Chinese electric vehicle (EV) stocks, who had been hoping for a strong earnings season to provide fresh tailwinds, instead face disappointing results that have stoked anxiety about what lies ahead. The sector was riding high – with Xpeng’s year-to-date gain exceeding 130 per cent earlier this month – buoyed by a surge in global risk appetite and an improved outlook for Chinese assets. But signs of pressure at even established firms like BYD have raised new questions over the industry’s profitability after its rapid expansion. Attention is now…

A local government official in northeast China has been accused of covering up a fishing boat accident and preventing the vessel’s owner from calling the police for help, and investigations sparked by the incident have exposed a series of corruption cases related to fishing industry safety. The accident took place on November 10. A boat registered in Yingkou, Liaoning province, capsized while crew members were fishing, causing 11 to fall into the water. Two were rescued and nine have been reported missing, according to the Liaoning Daily on Wednesday. Official…

Beijing has frozen youth exchange programmes with Tokyo amid continuing fallout over Japanese Prime Minister Sanae Takaichi’s remarks on Taiwan, a diplomatic source said, raising concern that the bilateral rift could affect generations to come. The Japanese side was told about the cancelled programmes in recent weeks after China launched retaliatory measures against Japan over Takaichi’s comments earlier this month, according to the diplomatic source. “Usually, November and December are the season for youth exchanges, but now all are called off,” the source said. Advertisement Beijing has ramped up diplomatic…

With the world’s biggest high-speed rail network already established, China now plans a more balanced, integrated and intelligent transport system over the next five years, prioritising efficiency and smart technology over sheer scale. Beijing will move away from large-scale expansion to optimising new projects and upgrading existing assets, Minister of Transport Liu Wei said at a recent symposium on the 15th five-year plan attended by local transport officials, according to an official statement issued on Thursday. In an earlier article for Qiushi, the ruling Communist Party’s leading theoretical journal, Liu…