The Latest Breaking News from China

BingEx Q1 Earnings Call Highlights

BingEx (NASDAQ:FLX), which operates under the FlashEx brand, reported first-quarter 2026 revenue of RMB 935.3 million, down from RMB 960.8 million a year earlier, as management cited intensifying market competition in China’s on-demand delivery industry. Founder, Chairman and Chief Executive Office

MarketBeat · May 21

Ralph Lauren shares jump 10% as strong China sales help fuel growth

The revenue growth was led by sales in Asia, the company said, with particular ‌strength in China ⁠during the ⁠Lunar New Year. Wall Street investors are focused on how luxury brands are performing in the Chinese market, ​where consumers have shown signs of strain in recent months and luxury spending…

The Economic Times · May 21

Putin and Xi: Russian president’s China trip shows for the second time in a week how rapidly the world order is changing

Hot on the heels of his summit with US president Donald Trump, China’s Xi Jinping hosted his Russian counterpart Vladimir Putin in Beijing on May 19 and 20.

The Conversation · May 21

Lenovo G02 retro handheld allegedly comes preloaded with thousands of copyrighted games, including Nintendo ROMs — company confirms that it’s an officially white-labeled device meant for the Chinese market [Updated]

Lenovo confirms that it partnered with a third-party manufacturer to build, sell, and market the G02 retro gaming handheld in China. However, it allegedly contained thousands of gaming ROMs, many from Nintendo, right out of the box, raising questions about the validity of the licenses of these titles.

Tom’s Hardware · May 21

Servers in the ocean: World’s first offshore underwater AI data centre launched in China

China has officially launched the world’s first commercial offshore wind-powered underwater AI data centre off the coast of Shanghai’s Lingang Special Area. The futuristic facility contains nearly 2,000 servers housed inside pressure-resistant underwater modules positioned beside offshore wind turbines. Designed to support artificial intelligence workloads, big data processing and domestic…

The Times of India · May 21

Rescue workers swim through buildings to reach trapped residents as heavy rains kill 24 in China

Several people remain missing across Hubei, Hunan, and Guizhou provinces

The Independent UK · May 21

China's new homegrown gaming GPU flops in performance and price — flagship $485 LX 7G100 can't keep pace with Nvidia's older RTX 4060

Lisuan Tech's LX 7G100 gaming graphics card goes up for preorder at $485, along with reviews from Chinese media outlets.

Tom’s Hardware · May 21

How different were Trump and Putin's visits to China

Chinese leader Xi Jinping met with US President Donald Trump and Russian President Vladimir Putin. Trump's visit focused on stabilizing ties with the US. Putin's trip deepened China's strategic partnership with Russia. Agreements were signed with Russia, while US deals were announced later. Both leaders discussed Taiwan, with Russia supporting…

The Economic Times · May 21

Cambodia raids buildings linked to accused scam kingpin Chen Zhi

SHENZHEN — Cambodian authorities have raided two buildings in Phnom Penh's Prince Plaza Centre, which is linked to extradited Chinese billionaire Chen Zhi, and detained 104 individuals, including 82 Chinese nationals, local media reported.

Bangkok Post · May 21

She left city life to work in the village, now earns over Rs 1 crore a year from 60,000 venomous snakes

Qin, a 1995-born woman from Guilin, China, manages a snake farm with over 60,000 venomous reptiles. She took over her father's business after university. The farm supplies snake venom, meat, and oil for traditional medicine and research. Qin shares her life online as 'The Girl Who Collects Snake Venom', detailing…

The Economic Times · May 21