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China news covering US-China relations, trade and tariffs, export controls on advanced chips, and China's economy. Coverage also includes military and foreign policy, including Taiwan and the South China Sea, with each announcement attributed to the government or company behind it.Read moreShow lessFAQ

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1342 articles shownof 1345 totalLast updated 2026-11-08 05:30 UTC

China Touts Desert Solar Bases and COP31 Role as Coal Power Is Forecast to Keep Growing

China's Ministry of Ecology and Environment says it will send a delegation to the COP31 climate talks in Antalya, Turkey, while state giant CHN Energy pledges more desert wind and solar bases. A report on the Global Energy Transition Report 2026 puts China's 2026 energy investment at $940 billion, the largest of any country. The open question at COP31 is whether Beijing, which calls itself a developing country, will be asked to pay into the climate finance system it is demanding from richer nations.

China's Galactic Energy Puts Four Satellites in Orbit With Ceres-2 Rocket Ten Months After Failed Debut

Galactic Energy's Ceres-2 Y3 rocket lifted off from Jiuquan at 7:37 a.m. Beijing time on Saturday, Nov. 7, and placed four satellites into a 535-km sun-synchronous orbit. The company says the flight moves the vehicle into commercial service after its January debut failed to reach orbit. The unanswered question is how fast Beijing's private launch sector can turn a single success into a regular flight schedule.

Envision hands first 200 MW phase of Inner Mongolia AI campus to Chinese tech customer, targets 3 GW by 2028

Envision Group delivered the first 200-megawatt phase of its Galaxy AI data center in Ulanqab, Inner Mongolia, to a Chinese internet company in late October. SemiAnalysis, which toured the site in September, says the first 120 MW phase went up within a year at a fifth of U.S. costs. The next test is the second 200 MW phase, due in the second quarter of 2027.

Chinese E-Bike Makers Look Abroad as Fuel Prices Stay High

E-bikes are an increasingly popular way to get around in China, and manufacturers there are now pushing into overseas markets as fuel prices stay high, Al Jazeera reported from Beijing on Nov. 7. The same export playbook has already cost European carmakers billions.

Commerce Licensed About Two Dozen Chinese Firms to Handle Nvidia H200 Chips, Some With Empty Offices, New York Times Finds

A New York Times investigation published Nov. 7 found that some of the roughly two dozen Chinese companies licensed to assemble Nvidia's H200 chips into AI systems have vacant listed offices and ties to blacklisted firms. Nvidia calls its China dealings routine. House Republican committee chairs have asked for a Nov. 18 briefing with CEO Jensen Huang, and Nvidia reports earnings Nov. 17.

China Copper Premiums Hit Multiyear Highs as Smelter Cuts Tighten Spot Supply

Spot copper in China now trades at its highest premium to futures since 2021, and the Yangshan import premium hit a record $210 a tonne. People familiar with the matter say Trafigura is lining up large volumes for Asia in November and December. Analysts tie the squeeze to supply, not demand, and Wood Mackenzie expects global mine supply to grow by more than 5% next year.

China's Central Bank Adds 830,000 Ounces of Gold in October, 24th Straight Month of Buying

The People's Bank of China raised its gold reserves to 78.30 million ounces in October, even as the metal fell almost 7% and ended the month below $4,000. The World Gold Council now projects 2026 central-bank buying will at least match last year's 848 tons.

China Vows 'Necessary Measures' After US Sanctions Two Chinese Firms Over Cuba Ties

Beijing says it will take all necessary measures after Washington sanctioned CEIEC and Beijing H&C Technologies for allegedly supplying Cuba's military. It is the second round of U.S. penalties on Chinese companies in three weeks, after the Oct. 19 trade-secret designations. Beijing has not said what it will do, and its draft trade-secret rules are open for comment until Nov. 24.

China's Rare-Earth Magnet Shipments to Japan Fell 25% in September While U.S. Volumes Rose 44%

China's customs data show magnet exports to Japan dropped to 171 tonnes in September, while shipments to the United States climbed to 604 tonnes under a trade truce. Beijing controls roughly 94% of sintered magnet production, so it decides who gets supply and when. The U.S.-China reprieve on export controls runs only to January 2027.

Bessent and Greer Press China to 'Immediately' Honor Busan Trade Deal Ahead of Shenzhen Summit

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer told Chinese Vice Premier He Lifeng today, Nov. 6, that Beijing must fully and immediately implement its Busan commitments. U.S. officials say China is delivering about two-thirds of its pledged rare earth exports, which Beijing denies. The Trump-Xi meeting in Shenzhen later this month is the next test, and the $60 billion tariff-cut package is still not final.

Vals Test: Chinese Open-Weight DeepSeek Completed 73% of Simulated Hacking Tasks, Versus 81% for OpenAI's Gated Model

Testing firm Vals found a downloadable Chinese model came within eight points of OpenAI's restricted cyber model on simulated network attacks, at a fraction of the cost. CrowdStrike separately says a China-based group used DeepSeek in an AI-driven campaign against more than 200 organizations. The gated-release strategy was built on buying time, and the time window is shrinking.

China-Linked Hackers Used AI Tool to Hit 200+ Organizations in 11 Days, CrowdStrike Says

CrowdStrike says a China-linked group called Vapor Panda used an AI-powered tool to target more than 200 organizations in 14 countries in 11 days. The same week, European grocery refrigeration systems were hacked and OpenAI released a cyber model it rates "Critical" for risk. Britain's NCSC warns that AI mostly speeds up the exploitation of weaknesses organizations have left unfixed for years.

Kremlin Says Work Is Underway on Trump-Xi-Putin Meeting in Shenzhen. Beijing Says It Is 'in Communication'

Moscow and Beijing both acknowledged this week that a three-way meeting of Trump, Xi and Putin is being coordinated for the Nov. 18-19 APEC summit in Shenzhen, but nothing is finalized. Trump says the agenda would be nuclear arms. Kyiv, shut out of the room, objects, and Beijing as host controls whether it happens.

China's YMTC plans up to 70% domestic equipment for fourth Wuhan chip factory, sources say

Yangtze Memory Technologies, China's largest flash memory maker, is targeting at least 60% Chinese-made tools at a planned fourth factory, with an ambition of 70%, two people familiar with the matter said. US export controls have limited YMTC's access to some American equipment, and the company still depends on foreign suppliers for its most sophisticated tools. Construction is expected to begin next year, but no formal orders have been placed.

House Republican Chairmen Ask Nvidia CEO Jensen Huang for Nov. 18 Closed-Door Briefing on Reported Chinese Intelligence Contact

Three House committee chairmen asked Jensen Huang to brief Congress on his reported relationship with a Megaspeed executive that U.S. officials reportedly believe was passing information to Beijing. Nvidia has not said whether he will attend, and the requested date falls one day after the company reports quarterly earnings.

China to Send Envoy to Iran, Oman and Saudi Arabia in November as Hormuz Standoff Grinds On

Beijing's Foreign Ministry said Monday, Nov. 2, that special envoy Zhai Jun will visit Iran, Oman and Saudi Arabia in early and mid-November, after Oman's sultan met Xi Jinping. Hormuz traffic is running at about 80% of prewar levels, and Trump has not said whether he will resume strikes or take a deal.

China Blocks SoftBank's $5.4 Billion Purchase of ABB's Robotics Unit, ABB Says

A Chinese state review body has prohibited SoftBank's $5.4 billion takeover of ABB's robotics division, ABB said Thursday, Nov. 5. It is the second major foreign deal Beijing has blocked this year, and ABB says it is still working with SoftBank on the transaction.

Iran Links Hormuz Exemptions to Indian Medicine Imports and Chinese Backing, While Indian Sailor Dies in Oman Attack

Since the U.S. and Israel struck Iran on Feb. 28 and Tehran moved to shut Hormuz, a senior Iranian lawmaker has spelled out what Iran expects from the four countries it says it exempted: medicines from India, political support from China. Indian and Chinese ships pay transit fees under his account, so "pass freely" means something narrower than free. India's own position is that attacks on shipping are "deeply concerning," and an Indian sailor was killed near Oman on Monday.

Chinese AI Lab Moonshot Discussed Renting Nvidia Blackwell Capacity in Europe, Sources Tell CNBC

Four people familiar with the talks told CNBC that Beijing-based Moonshot AI has discussed renting Nvidia Blackwell capacity from European data centers, including one discussion involving clusters of 8,000 or more GPUs. No completed deal has been reported, and current U.S. law gives regulators no broad power over overseas cloud access to the chips. The House passed a bill to close that gap in January. The Senate has not voted on it.

Hedge Funds Lost More Than 3% in October as AI Selloff Hit Chips, Nasdaq, Korea and China

Goldman Sachs prime brokerage data show fundamental and systematic hedge funds both lost more than 3% in October, the first time that has happened since tracking began in 2016. Money rotated out of AI stocks and into European and defensive names, and the Stoxx 600 is trading above its August record. The open question is whether AI spending holds through 2027.

China's EU Ambassador Threatens Countermeasures as Brussels Prepares Market-Access Tool for December

Since EU leaders backed a harder trade line at their Oct. 15-16 summit, Beijing's ambassador to the EU, Cai Run, said today, Nov. 5, that China will retaliate if Brussels adopts "restrictive and discriminatory measures." Trade Commissioner Maroš Šefčovič says the Commission will present the new tool by year-end. The EU's deficit with China runs about €1 billion a day, and the next ministerial meeting is not until March 2027.

Foreign Leaders Welcome Democratic Midterm Sweep as China Watchers Focus on Taiwan Arms, Tariffs and Trump-Xi Meetings

Leaders in Spain, South Africa, Norway, Germany and the U.K. welcomed the Democratic wins, while Russia's Kremlin said Trump's peace efforts should continue. Analysts say the new Congress could push Trump toward a harder line on Taiwan, but he holds the executive levers until January and has two meetings with Xi Jinping planned first. The Trump-Xi trade truce expires in January, and a $14 billion Taiwan arms package has been delayed for months.

MPs Say Britain Is 'Dangerously' Dependent on China for Critical Minerals, Urge New Finance Facility

A cross-party Commons committee chaired by Liam Byrne says the UK is 'dangerously' exposed to China for the minerals behind its military, AI and power infrastructure, and wants a central policy plus a state-backed finance facility for mines. The government points to £400 million in funding and 2035 targets, but the committee says it could not confirm ministers meet any of the 10 tests for de-risking supply chains.

Meituan Plans 8 Billion Yuan Offshore Bond as China's Central Bank Moves to Slow the Yuan's Climb

Meituan announced an 8 billion yuan ($1.20 billion) two-tranche offshore bond on Oct. 28, joining a dim sum market that has topped 1 trillion yuan this year. Days after, on Nov. 3, the People's Bank of China raised the FX deposit reserve ratio to 6% to cool a yuan rally, while bond-market stress at Zhuhai Huafa Group shows the property hangover is still unresolved. The reserve change takes effect Nov. 15.

Seoul appeals court cuts ex-Samsung employee's sentence to 5 years for leaking DRAM secrets to China's CXMT

The Seoul High Court on Oct. 22 reduced Jeon's prison term from seven years to five for leaking Samsung's 18-nanometer DRAM process to China's CXMT. Prosecutors say he received about 2.9 billion won from the Chinese chipmaker. At least 10 people have been charged under South Korea's Industrial Technology Protection Act, and the alleged mastermind of the original theft remains at large under an Interpol Red Notice.

China Makes Share-Buyback Lending Permanent, Cuts Rate to 1% After CSI 300's Worst Month Since 2016

Beijing made its share-buyback lending program permanent, cut the rate to 1% and began daily liquidity operations after the CSI 300 fell 8.5% in October. Analysts quoted by Natixis, Morningstar and others say the steps can slow the slide but not fix weak consumption and earnings. Whether Beijing follows with fiscal spending is the open question.

China Builds State Machinery to Steer Overseas Mining Deals as Acquisitions Reach $8.8 Billion in Nine Months

Beijing set up an overseas bureau in April and a mining investment vehicle in July to coordinate state-owned miners abroad, and Rhodium Group counts $8.8 billion in Chinese mineral acquisitions through three quarters, the highest annual total since at least 2018. China already controls roughly 90% of rare-earth processing, and its Busan-era export-control pause has been extended to January 2027. The West still has no comparable coordinated answer.

Iranian Lawmaker Says Ships From India, China, Iraq and Qatar Are Exempt From Hormuz Restrictions, Some Pay Fees

Ahmad Hayat-Moghaddam, a senior Iranian parliament security official, said Tuesday that Tehran has exempted ships from four countries from its Hormuz transit curbs, and that Iran collects fees from Indian and Chinese vessels. Iran is openly describing access to the strait as a tool for medicine imports and political support from Beijing. India has not publicly confirmed any change to its maritime safety position while its seafarers keep dying in the Gulf.

China Landed 23 of 36 Major Clean Industry Projects Financed in the Past 12 Months, Mission Possible Partnership Finds

China secured $45 billion for 23 of the 36 large clean industrial plants that reached final investment decision over the past year, while developed economies got $4.8 billion for six. Beijing is also moving to restrict exports of 40 technologies, including solar manufacturing know-how. The Nov. 18-19 APEC summit in Shenzhen, where Trump is expected to meet Xi, is the next test of how much leverage that supply position buys.

Space Force Seeks Up to Five Cislunar Satellites Ready for 2029 Launch; General Cites China

The Space Force issued a Nov. 2 industry notice for up to five satellites beyond geosynchronous orbit and says two more requests for information are coming. Maj. Gen. Stephen Purdy says the push is driven by China's lunar activity, which Beijing calls scientific. No price tag for the constellation has been published, and design money could start flowing as early as 2027.

US Holds Up Export Licenses SK Hynix Wants for China Plant, Complicating $45 Billion New York Chip Plan, Sources Say

The Commerce Department has not approved export licenses for American chipmaking tools that SK Hynix wants to expand its Dalian, China plant, people familiar with the talks told Reuters. SK Hynix argues the China revenue is needed to fund a roughly $45 billion NAND build in New York. The administration has to choose between its China tech guardrails and a marquee foreign investment.

Russian State-Backed A7 Processed 283 Tons of Cash Rubles Worth $14 Billion, ICIJ Finds, With Most Bound for China

A joint ICIJ and Proekt investigation found A7, the Russian state-backed payments firm the U.S. Treasury sanctioned on Oct. 1, processed at least $14 billion in physical cash between November 2024 and July 2025. Leaked records show the cash's origin is untraceable but most of it is headed to China, which leaves Western banks policing a pipeline they cannot see into.

Smugglers pair Korean HBM with cheap server chips to reach Huawei customers in China, The Information reports

A smuggler and a Shenzhen broker told The Information that restricted Samsung and SK hynix memory is moving into China bolted to deliberately weak server processors, then lifted off the boards. HBM3E that sold for hundreds of dollars a year ago now goes for about $4,000, and Huawei's next AI chip is due in early 2027.

Nvidia Tells Cloud Clients to Sell at Least 51% of Services to Non-Chinese Firms, FT Reports

The Financial Times reported Tuesday, citing five people familiar with the matter, that Nvidia has verbally told cloud providers renting out its chips to sell at least 51% of services outside China. Nvidia's statement did not confirm or deny the figure. The rule would go after the rental loophole in U.S. export controls, and Singapore operators are already warning they may not find enough non-Chinese customers.

China Rolls Out Stock Support Measures After 8.5% October Slide as Huafa Debt Stress Hits Bonds

China's central bank and securities regulator announced swap operations, a cheaper buyback lending facility and pressure on big companies to repurchase shares after the CSI300 fell 8.5% in October, its worst month since early 2016. State-backed developer Zhuhai Huafa Group's missed trust payments have already hit the junk dollar bond market. UBS's Yu Song says a broad stimulus package like September 2024's remains unlikely.

China Raises Bank FX Reserve Ratio to 6% From 4% After Yuan Gains More Than 5% This Year

The People's Bank of China will make banks hold 6% of their foreign-currency deposits in reserve, up from 4%, starting Nov. 15. Reuters calculates the change will pull about $24 billion out of the financial system, and analysts read it as Beijing leaning against a fast-rising yuan. The offshore yuan slipped as much as 0.3% on the news.

China's Securities Regulator Presses Index Giants and Tech Leaders to Buy Back Shares, Studies Looser Margin Rules

Beijing's stock rescue goes beyond the PBOC swap operation: the CSRC is leaning on index heavyweights and tech leaders to repurchase shares and is studying easier margin rules. The Shanghai Composite rose 1.1% on Monday, Nov. 2, but the CSI 300 had just lost 8.5% in October, and the first test is Tuesday's swap bidding.

Fresenius Signs 10-Year Deal With China's WuXi Biologics for Up to 37 Biosimilars

Fresenius announced today, Nov. 2, an exclusive development deal giving it options on up to 37 biosimilar candidates from WuXi Biologics, which could lift its pipeline from 29 molecules to 66. The deal lands as U.S. rules on Chinese biotech firms tighten, and a federal list of 'biotechnology companies of concern' is due in December, according to Tech Times. Fresenius reports third-quarter earnings Nov. 4.

China Sends Envoys to Iran, Oman and Saudi Arabia as Wang Yi Meets Iranian and Saudi Officials in Beijing

Beijing met Iran's Ali Bagheri Kani and Saudi Arabia's Musaed Al-Aiban today, Nov. 2, hosted Oman's sultan, and announced envoy trips across the Gulf and the Horn of Africa. China is the biggest buyer of Iranian crude and is exposed to the Hormuz disruption. Zhai Jun's Gulf tour is set for early-to-mid November, right after Tuesday's U.S. midterms.

Google says Chinese TV box maker Videostrong built a backdoor into 1.3 million devices, bans it

Google's Threat Intelligence Group says Shenzhen-based Videostrong Technology intentionally planted the XCPE backdoor in Android TV boxes and sold access to criminals. Google took down the botnet's servers last week and banned the company from certified Android hardware. The code is still sitting on the boxes, and Google admits its own certification tests missed it.

UANI Says Sanctioned Iranian Tanker Carrying 500,000 Barrels of LPG Slipped US Blockade and Reached China

United Against Nuclear Iran says it filmed the tanker SOGL at a Malaysian anchorage in September after the vessel left the Gulf of Oman on Sept. 1. Treasury sanctioned the ship on Oct. 8. The group says crude is still bottled up, but about nine small tankers have gotten through since July.

Real Madrid's 3-0 Win at Racing Santander Not Shown on CCTV or Migu in China as Mbappé Blackout Continues

Since China Media Group suspended La Liga broadcasts on Oct. 26, Real Madrid's match at Racing Santander on Sunday, Nov. 1, was missing from CCTV's two sports channels and from Migu, the streaming platform that holds the league's mainland rights. Mbappé, Real Madrid and La Liga have all apologized, as Beijing's broadcaster demanded, and the blackout has not lifted. No return date has been set.

China's 2026 Clean Tech Exports Set Record, Could Avert 450 Million Tons of CO2 a Year, CREA Estimates

A Finland-based research group says China's record 2026 exports of EVs, batteries, wind turbines and solar gear will avoid about 450 million metric tons of CO2 per year once installed. Even the Iran war energy shock and U.S. tariffs have not slowed the buying, which leaves much of the world's energy transition running through Beijing. The estimate assumes current trends hold through December, and independent experts could not validate the underlying data.

US and China Sign Up Partners for Rival AI Blocs as Calls for Joint Rules Grow

Washington's Pax Silica and Beijing's World AI Cooperation Organization are competing for countries like Kazakhstan, while Harvard scholar Wang Xiangwei urges both capitals to write AI rules together. Meanwhile, China's tech stocks have fallen sharply since June. Smaller countries are hedging for now, but analysts warn the window to do both is closing.

China's Share of Value-Added Content in Global Imports Rose to 14.3% by 2024, Morgan Stanley Finds, as Beijing Plans Tech Export Bans

Morgan Stanley analysts say China's share of value-added content in global imports climbed from 12.6% in 2017 to 14.3% in 2024, even as its share of direct U.S. imports fell to about 8%. Beijing is also drawing up a list of 40 technologies it would ban or restrict from export. Trump and Xi are expected to meet at the APEC summit in Shenzhen on Nov. 18-19, with the rare-earth truce now running to January 2027.

Trump Backs Nvidia's Jensen Huang, Says U.S. Is Checking Report a Chinese Executive Targeted Him

Three days after a New York Times report that U.S. intelligence believes a Megaspeed executive passed information to Beijing after befriending Nvidia CEO Jensen Huang, Trump called Huang "brilliant" and said Washington will "check it out very closely." No source accuses Huang of wrongdoing, but the story lands on the question of whether the man lobbying to sell chips to China was cultivated by a Chinese asset.

Chinese Embodied-AI Firms Raised $13 Billion in First Half of 2026, Five Times Last Year, as Money Shifts to Robot Brains

Chinese embodied-AI companies raised 93.5 billion yuan ($13 billion) across 322 deals in the first half of 2026, per data firm ITjuzi, as the race moves from robot bodies to the software that runs them. American labs still lead in some robot AI, but Chinese firms are betting factory access and real-world data close the gap. Export controls on advanced chips and regulatory unease over valuations are the open constraints.

Russia Confirms Another Mpox Case Near Moscow as Chinese Border City Issues Plague Precautions After Siberian Lab Worker's Death

A 38-year-old man was hospitalized with confirmed mpox at Domodedovo Central Hospital outside Moscow, announced today, Nov. 1, and Rospotrebnadzor has opened an investigation. Separately, Hulunbuir in Inner Mongolia issued plague precautions after the October death of a 28-year-old Irkutsk anti-plague institute employee, whose cause of death Russia has described only as pneumonia of unknown origin. No verified evidence has been presented of plague cases in China, but Chinese health staff have said such information would be an official secret.

China Builds Reactors in About Six Years and Controls Rare-Earth Supply. A U.S. Lab Answers With a New Alloy

Pacific Northwest National Laboratory has developed an experimental nuclear alloy, V555, and a method for designing materials quickly, while China holds a construction-speed lead in nuclear power and leverage over rare earths. Japan's yttrium shipments from China fell from 51,000 kg to 4,000 kg in a year. The open question is whether lab progress can close gaps measured in years and supply chains.

EU Deficit With China Nearly Doubled Since 2024 as Cost-of-Living Protests Spread Across Europe

Europe is dealing with two pressures at once: a widening trade gap with China and street unrest over living costs. No source ties the two together. What is documented is a deficit that nearly doubled in about two years and protests that have run for days in France and Albania.

Two Chinese Firms Withdraw From Kenya's Mrima Hill Rare Earths Tender as Fluor-Backed Group Stays In

Kenya's mining minister says five bidders, including a Fluor-backed US consortium, are competing for the Mrima Hill rare earths deposit after two Chinese companies pulled out. A winner is due within about three weeks, and an IP fight between Fluor and Australia's Iluka is already brewing.

China's Central Bank and Regulators Set to Meet Banks Monday on Stock Support After Shanghai Index Drops Below 3,600

Chinese regulators are expected to meet major banks Monday, Nov. 2, to expand lending tools that fund share buybacks, after the Shanghai Composite lost 6.33% in October. Beijing has already put about $19 billion into ETFs, and analysts quoted by CNN say that kind of support fades without policies on weak consumer demand. The meeting follows a party plenum that focused on discipline and expulsions rather than economic stimulus.

Eight Deliverables From Xi's Washington Visit, While the FCC Weighs New Curbs on Chinese Telecoms

A little over a month after Xi Jinping's state visit to Washington, Beijing counts eight agreed deliverables, from reciprocal tariff cuts to an AI dialogue. The FCC is weighing new curbs on Chinese telecom firms and has barred Chinese labs from testing devices for the U.S. market. The trade truce is set to expire in January, and no one has yet built the guardrails that would keep it from collapsing.

Meta built a humanoid robot prototype with China's Fourier in about three months, The Information reports

The Information reported Saturday, Oct. 31, that Meta built a prototype humanoid called Max with Shanghai-based Fourier and is already working on a second version. Neither company has published specs or images, and Meta reportedly says the robot is for internal research with no plans to sell it. What data and technology moved between an American tech giant and a Chinese robot maker is still undisclosed.

CFR scholar says Beijing wants the yuan as a sanctions-proof No. 2, not a replacement for the dollar

Zongyuan Zoe Liu of the Council on Foreign Relations argues in Foreign Affairs that China does not want the dollar's crown, just enough of a yuan network to blunt U.S. sanctions. Separate analysis of China's Treasury sales finds Beijing has mostly shifted among dollar assets rather than leaving the dollar. The practical stake is how much of China's dollar exposure sits outside the data Washington can see.

DIA Report Says China Could Field Space-Based Directed-Energy Weapons by Late 2020s

The Defense Intelligence Agency's new Challenges to Security in Space report projects China could put lasers or other directed-energy weapons in orbit by the end of the decade, and it names Russia's nuclear-armed space weapon as the single greatest threat. A space security analyst says she would be very surprised if the Chinese timeline holds, and Beijing calls the report hype. The open question is whether the satellites the U.S. military depends on can survive a crisis that starts in orbit.

Russian Budget Documents Show China Paying 56% Less for Pipeline Gas Than Other Foreign Buyers in 2026

Russian budget projections put China's 2026 price for Power of Siberia gas at about $248 per 1,000 cubic meters, against $562 for Gazprom's other customers outside the former Soviet Union. Carnegie's Sergey Vakulenko says Beijing pays more for Turkmen gas than for Russian gas. Talks on a second pipeline have stalled over pricing, and Russia hopes to shrink the discount in the coming years.

China's Economy Is on Pace for Its Growth Target While Stocks Sit More Than 20% Below June Peak

China's third-quarter GDP grew 4.5%, in line with the government's 4.5% to 5% annual target, but key stock indexes have fallen more than 20% from their June highs and property, investment and retail data are weak. The official October factory PMI, due Saturday, Oct. 31, is the next test of whether the tech-led strength can offset a soft domestic economy.

CrowdStrike: China-Linked Vapor Panda Ran ARTEX AI Agents on DeepSeek Against 200+ Organizations in 11 Days

CrowdStrike says a China-based group it tracks as Vapor Panda used the ARTEX agent framework, running mainly on DeepSeek, to hit more than 200 organizations in at least 14 countries starting Oct. 17. The firm confirmed post-exploitation at nine targets and told CyberScoop that roughly 70% showed confirmed or probable compromise. CrowdStrike says the campaign is still active, and Microsoft separately reports a different China-aligned actor using the same tool.

Taiwan Says 16 Chinese Vessels Entered Its Restricted Waters in One Day as Beijing Adds Militia Boats

Taiwan's Coast Guard said it drove off 16 Chinese coast guard, research and fishing vessels on Oct. 18 and called China's use of militia boats 'battlefield preparation.' Beijing says its operations off Taiwan are lawful. Taiwan votes in local elections Nov. 28, and the pressure campaign is still running.

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