China News Now

Super-sized hovercraft provide a rare and specialized capability that only a handful of navies can afford. China is the only nation investing in these massive platforms, pursuing series production of the Zubr-class vessels for amphibious assault operations. These offer key operational advantages and may signal a growing level of preparedness for a potential invasion of Taiwan. The unique Zubr-class hovercraft can carry 500 troops, or three main battle tanks (MBTs) or 10 lighter armoured fighting vehicles (AFVs) and 230 troops. It can carry them at speeds of over 55 knots, overcome beaches which other landing craft could not face, and deliver the troops directly to the fight. Now China is building a fleet of these giant hovercraft, which may be an indicator of increased preparedness for an invasion of Taiwan. China was already reported to have six of these vessels , but Naval News can confirm that they have moved into series production. ...

Nike's struggles in China are intensifying, as operational missteps collide with fierce domestic competition and weakening consumer demand, raising concerns about the company's execution in one of its most important markets. China accounts for roughly 15% of Nike's global revenue and remains its second-largest market outside North America. But a slowing economy and prolonged property crisis have dampened consumer spending, making a turnaround increasingly urgent, News.Az reports, citing Reuters . Nike is rapidly losing ground to domestic competitors such as Anta and Li Ning, which are leveraging faster supply chains, expansive retail networks, and competitive pricing to capture market share across China . The pressure is mounting: Nike has reported six consecutive quarters of declining sales in the region, including a sharp 17% drop in its most recent quarterly results. CEO Elliott Hill has acknowled...

SHENZHEN – Two weeks after Nvidia's chief executive Jensen Huang mounted a charm offensive to court the Chinese market, the American chip giant found itself once again the centre of attention in Beijing – and not in a good way. "Nvidia, how can I trust you?" So read the headline of a commentary published by the People's Daily, the communist party's mouthpiece, a day after Chinese regulators summoned the company's representatives on July 31 over what they deemed "serious security issues" related to its chips. The processor in question, known as the H20, was until recently the most advanced chip that Nvidia could sell to China under US restrictions. Washin gton effectively banned their export in April amid an escalating trade war, but said in July that it would allow sales to resume. Some US officials touted the easing of export controls as a negotiating chip in ongoing trade talks with Beijing. But this apparent concession, analysts say, is not n...

The 2026 China Internet Media Forum opens in Zhengzhou, Central China's Henan Province, on March 29, 2026. Photo: 2026 China Internet Media Forum The 2026 China Internet Media Forum opened in Zhengzhou, Central China's Henan Province, on March 29. Hosted by the Cyberspace Administration of China, People's Daily and the cyberspace commission of the Henan Provincial Committee of the Communist Party of China (CPC), the forum is themed "Leveraging the leading role of mainstream media, unleashing the creativity of diverse stakeholders, and jointly building a prosperous online content ecosystem." On April 19, 2016, General Secretary of the CPC Central Committee Xi Jinping presided over a symposium on cyberspace security and informatization and delivered an important speech. This year's forum systematically reviews and summarizes the extraordinary journey and fruitful achievements of online content development over the past decade, discusses the new situations ...

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HONG KONG – Hainan and Hong Kong offer Singapore new ways to connect with China, as its rapid development spurs the Republic to keep thinking of how it can add value to partners and to the world, Prime Minister Lawrence Wong said on March 28. He was speaking to the Singapore media at the end of his visit to China. During his trip from March 25 to 28, he attended the annual conference of the B oao Forum for Asia in Hainan province and met Hong Kong Chief Executive John Lee in the special administrative region. "We had very good discussions happening within the backdrop of excellent bilateral ties between China and Singapore," PM Wong said. "So that gives us many potential touchpoints within China itself, because we have Hong Kong, we have now the Hainan Free Trade Port, which is an interesting new opportunity." "We have projects in so many different provinces of China, and all of these different projects allow us to engage China in multiple ways, to parti...

HONG KONG – It is important for Singapore to engage both China and Japan – which are going through a "difficult phase" in their relationship – not just bilaterally, but also in shaping regional affairs, Prime Minister Lawrence Wong said on March 28. The two North-east Asian countries are important partners for ASEAN, he noted. China is ASEAN's largest trading partner, while Japan is a top investor in the regional grouping. Beyond trade, both countries are key partners in the ASEAN-centred regional architecture. Singapore will take over ASEAN's rotating chairmanship in 2027. "For Singapore, both China and Japan are important partners," PM Wong said. "It is so for Singapore, it is also true for ASEAN, and that is why it is important for us to engage both countries, to deepen our cooperation with them and to engage them actively, not just bilaterally, but also in shaping regional affairs." He added: "That is (Singapore's) consistent mes...

logitech Swiss computer accessories brand Logitech's China branch, Logitech China, on late Thursday night issued an apology on its official Sina Weibo account, after controversial content posted by its e-commerce store operator in China sparked outrage. "Regarding the highly inappropriate content today by the 'Logitech G Official Flagship Store' on Douyin, Logitech China expresses profound shock and regret," the company said in the Sina Weibo post. "We fully understand and empathize with every gamer's disappointment and anger, and we offer our sincerest apologies to all users," it said in the statement. Earlier reports indicated that on Thursday, the Douyin account of Logitech China's official store posted a product promotional video for its GPW 3 mouse with the caption "When you say, 'I won't spend another penny,' I lower the price, and yet you still come running like a dog." The video was widely criticized for belitt...

SHANGHAI/BEIJING, March 24 - Global corporate executives attending China's flagship annual business conference this week were reassured by leaders of the world's second-largest economy that it remains a predictable anchor at a time of geopolitical flux and global uncertainty. The tone at this year's China Development Forum (CDF), which ended on Monday, was noticeably more confident than in recent years, analysts said, marking a shift from previous post‑pandemic forums where officials tended to emphasise support measures and recovery trajectories. "Compared to previous CDFs, the China messaging was the most confident," said Han Lin, China Country Director at U.S.-based s trategy consultancy, The Asia Group. "While identifying challenges in the international system and without naming the U.S. directly, (Premier Li Qiang's) opening speech focused on what China was doing right to encourage innovation, trade and other opportunities to collaborate." T...

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