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China News Today

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Here are some of the trending news stories in China as of today, covering a mix of political, technological, and social topics. Chinese  It's important to note that the news cycle in China is heavily influenced by state media, so many trending topics align with official narratives and priorities. 1. Politics & Policy: The Third Plenum This is, by far, the dominant news story. · Headline: The 3rd Plenary Session of the 20th Central Committee Concludes in Beijing · Details: This highly anticipated meeting, focused on economic reform, was held from July 15 to 18. The conclusion was the top story on all state media platforms. The communique released emphasized "comprehensively deepening reform and advancing Chinese modernisation." Specifics were broad, but analysts are closely parsing the language for signals on tackling issues like local government debt, the property crisis, and stimulating domestic consumption. · Why it's trending: This plenum sets the long-term eco...

China wants to redefine the skies with a hypersonic aircraft

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  China wants to redefine the skies with a hypersonic aircraft!  The Chinese company Lingkong Tianxing Technology has unveiled a bold project: a hypersonic demonstrator capable of exceeding 5,000 km/h. Called Cuantianhou ("flying monkey"), the prototype will be 7 meters long, weigh about 1.5 tons, and will be powered by a revolutionary engine: the Jindou-400S, which combines a rotary detonation, compressor, and ramjet in a system weighing just 100 kg, but with enough power to generate 4,000 newtons of thrust. This will allow it to reach speeds close to Mach 4.2—almost 5 times faster than a commercial aircraft. The flight will begin with a rocket launch to an altitude of 20 km, from where it will continue autonomously through the upper atmosphere, between 20 and 100 km above sea level. The first tests are scheduled for 2026, and the goal is even more ambitious: by 2030, launch the commercial version Dasheng ("Monkey King"), capable of shortening intercontinental trip...

China’s debt dependency alarming – IMF

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China’s debt dependency alarming – IMF October 4, 2016 China’s dependence on debt is growing at a “dangerous pace” and it must act to head off a brewing crisis, the IMF warned Tuesday. The International Monetary Fund also said the country’s leaders should kick on with vital reforms or risk a painful correction in the world’s number two economy, adding that Beijing’s “unsustainably high” growth goals were adding to the problem. While the country has made progress in its attempts to recalibrate the driver of growth, the Fund said failure to address structural issues could destroy that work. The IMF’s warning comes weeks after a global central bank watchdog said China’s banking sector could be facing an imminent debt crisis, fuelling worries a blowout could send tremors through the world economy. In an update to its World Economic Outlook, the IMF said: “China continues to make progress with the complex tasks of rebalancing its econo...