Michael Zhuang

New rules tax offshore trusts at multiple stages and require some holders to disclose previously unpaid taxes within 90 days.

Chinese AI developers say internet censorship and political controls block access to overseas models and research despite Xi’s calls for AI openness.

Analysts say the probe reflects Xi Jinping’s growing emphasis on political loyalty over market expertise as Beijing reshapes its economic leadership.

A resident displaced by reservoir failures said people remain without permanent housing as farmland, homes, and livelihoods lie in ruins.

Xi associate becomes the latest senior financial official targeted in Beijing’s anti-corruption campaign.

Volunteers said they survived on rainwater and tree leaves after flooding devastated villages in Guangxi, as they questioned authorities’ relief efforts.

Analysts warn China is using maritime policing to gradually establish control over contested areas.

Property-related revenue continued to plunge in the first half of 2026, leaving China’s local governments struggling despite stronger overall tax collections.

Insiders say officials at state-owned financial firms are trying to recover their passports as Beijing scrutinizes their assets, income, and overseas holdings.

Authorities shut down classes at a major tutoring center in Zhengzhou as families continue seeking extra instruction despite Beijing’s restrictions.