Stories from China

The Long March 3B/E rocket is scheduled for launch on June 16, 2026, at 09:45:00 UTC. This launch is part of China's ongoing space program activities. The launch is set to occur from the Xichang Satellite Launch Center. The launch site is Xichang, China. The specific payload and mission objectives have not been detailed. The mission is designated Ten Owl Of Ten, also known as StriX Launch 10. The launch window is scheduled for the upcoming days. Another Long March 12 launch is also slated for June 16, 2026. A second launch attempt is scheduled for June 17, 2026, also with an unknown payload. The launch window is between 03:40:00 UTC and 06:39:00 UTC. The mission will carry BlueBird Block 2 satellites. The launch took place from Pad.

Fuzhou is focusing on the development of its low-altitude economy, with reports detailing its current status, spatial layout, and investment opportunities. The city aims to become a hub for drone technology and other low-altitude applications.

A Russian company has reported being the target of a cyberattack. The firm has not yet disclosed the nature of the attack or the extent of any potential damage.

The ransomware group Krybit has claimed responsibility for a cyberattack targeting a Chinese firm. The firm is assessing the extent of the breach and its potential impact on operations. The firm stated its systems were targeted. The nature of the attack and its impact on the firm are currently unknown.

A trend known as 'Country Walk' in China is attracting young people from Western countries. Western youth are reportedly drawn to China's market, with a focus on new industries and opportunities. This trend suggests growing interest in Chinese culture and economic opportunities among young people in the West.

China's auto industry is experiencing a rare triple decline in sales, revenue, and profit margins. The CEO cited market trends as the basis for the warning. This concern comes amid increasing competition and market shifts. He cited increasing competition and economic headwinds as primary factors affecting the market. The CEO of NIO, a Chinese electric vehicle manufacturer, has issued a warning about a potential industry-wide decline in sales. The CEO did not specify the expected duration or severity of the decline.

A streamer named Qingyu Tpor is accused of deleting rare in-game items and currency from a fan's account during a live broadcast. The incident has sparked outrage among gamers and raised questions about streamer ethics and accountability. The fan reportedly paid for these items. The accusation was reported by Radio NET.

The magazine Qiushi published an article by Xi Jinping titled 'Strengthening, Optimizing, and Expanding the Real Economy.' The chairman of PRIMA stated that President Prabowo's speech confirmed a new direction for development based on the Pancasila economy. The administration seeks to foster inclusive growth. The Prabowo administration is said a Pancasila-based economy. Professional Nahdliyin have voiced support for the Patriotic Economy concept championed by President Prabowo. This concept aims to cultivate a youth economy and unlock its potential. This economic model is based on the state ideology of Pancasila. This economic model is rooted in the nation's foundational philosophy. This policy direction signals a focus on national ideology within economic strategy. This economic model prioritizes national consensus and social welfare.

Alibaba is reportedly in discussions to acquire Pupu for $1.5 billion. The terms of the potential deal and the strategic rationale are not yet public.

China and the United States are preparing for a summit, with a focus on artificial intelligence and Iran. The meetings aim to foster dialogue on key geopolitical and technological issues. Prediction markets show the Democratic party has a 49% chance of winning the Nevada governor race and a 53% chance of winning the Ohio governor race. Discussions between China and the US have touched upon artificial intelligence and the ongoing situation in Iran, indicating a broad agenda for bilateral talks. The Moscow Exchange may begin trading cryptocurrency as early as 2027. US and Chinese officials are discussing artificial intelligence and Iran. The discussions are taking place ahead of the G7 summit. The talks focused on areas of mutual interest and potential cooperation. Specific outcomes of the discussions were not immediately disclosed.