The day after Fang Xinghai was reported, Liang Wenfeng notified potential investors for the second round of financing to pause, with the valuation for the relevant round approaching $70 billion.
On July 23, U.S. President Trump publicly stated that Chinese President Xi Jinping will visit the U.S. on September 24 for another meeting, where the two sides will focus on discussing artificial intelligence. Trump claimed that he had already discussed artificial intelligence with Xi and extended the invitation during his visit to Beijing in May.
On July 24, 2026, China's Ministry of Finance and the State Taxation Administration issued an announcement requiring individual residents to pay a 20% personal income tax on assets transferred into offshore trusts and the income generated during their existence, with a 90-day transition period.
Fang Xinghai was reported to be under investigation on July 24 and was subsequently taken away by the CCDI. The program stated that he had long been responsible for matters such as capital markets, cross-border funds, and wealth management.
The website of the CCP Central Commission for Discipline Inspection announced that Wu Changyu, former Deputy Party Secretary and General Manager of China Three Gorges Corporation Yunnan Energy Investment Co., Ltd., has been expelled from the Party and public office.
Wang Yi and Lavrov discussed China-Russia strategic coordination and the outcomes of the victory in World War II, among other topics; the official press release did not mention Ukraine.
Wang Yi met with Araghchi, stating that the memorandum of understanding already reached must not be abandoned, and called for maintaining negotiations and properly handling the issue of the Strait of Hormuz.
Former CSRC Vice Chairman Fang Xinghai has been directly placed under investigation by the CCDI.
中共中央在中南海召开党外人士座谈会，习近平主持会议时表示，中国经济目前面临一些困难挑战。
Zhu Guoxin准备从悉尼机场搭乘国际航班离境时被捕并押回昆士兰州，法院以存在潜逃风险为由拒绝保释。
On July 23, 2026, Wang Xiangming was removed from his position as Chairman of China Resources Group, and Wang Haimin succeeded him.
At the International Congress of Mathematicians held in Philadelphia, mathematicians Wang Hong and Deng Yu, both born in Guangdong and Guangxi, China, were awarded the Fields Medal, known as the "Nobel Prize of Mathematics." Both studied at Peking University before pursuing further studies and teaching abroad.
Former head of the Hubei Provincial Party Committee's first inspection team Li Ping was announced to be subject to disciplinary review and supervisory investigation.
An insider from the Three Gorges Project revealed that the death toll in the Guangxi Hengzhou flood reached over 17,000 people. The insider also disclosed that the Three Gorges Dam has multiple water seepage issues at its base, and the leadership has arranged for their families to evacuate. The whistleblower claimed that relevant departments had analysis reports on the potential collapse of the Three Gorges Dam, predicting that a dam break would affect at least 470 million people.
Chinese Foreign Minister Wang Yi and Philippine Foreign Minister Lazaro held their first meeting in two years during the ASEAN summit, exchanging views on the conflict near Ren'ai Reef.
Wang Yi met with Rubio, and the two sides discussed core interests, the one-China principle, the consensus reached by the heads of state, and high-level exchanges in the next phase.
On July 20, the Chinese and Philippine coast guards clashed near Second Thomas Shoal. The Philippine side accused Chinese personnel of using clubs in an attack that injured a Filipino service member; the China Coast Guard responded that Philippine personnel rammed Chinese vessels and used clubs and oars to attack Chinese personnel.
Jiang Wangzheng released news claiming that Li Qiang might succeed to power at the 21st National Congress and, after taking office, push for the disclosure of officials' assets in 2027 or 2028.
Screenshots circulating on Weibo show that the CCP is requiring personnel in the system to surrender their passports, with some units even demanding the "voluntary cancellation" of passports and conducting audits of overseas travel records from the past five years.
Wang Yi met with the ASEAN Secretary-General, the Philippine Foreign Secretary, and the Indian External Affairs Minister in Manila, and chaired the China-ASEAN Foreign Ministers' Meeting.
Starting July 20, Shenzhen Metro will upgrade random inspections to a “check every bag, check every person” policy, requiring all passengers to undergo luggage X‑ray and personal security screening, with queues exceeding 20 minutes during the morning and evening peaks.
Affected by thunderstorm cloud clusters, Shanghai generally received moderate to heavy rain, with some areas experiencing heavy to extreme rain, and places such as Pudong and Baoshan saw road flooding and water entering residential complexes.
The former deputy secretary of the Party committee and former president of the China Development Bank, Ouyang Weimin, is under investigation for serious disciplinary and legal violations. The case is believed to involve senior party figures, prompting external interpretations of Caixin's related reports and attention to former associates of Wang Qishan.
A netizen returning from the front lines of the Hengzhou flood in Guangxi reported a phenomenon of 'receiving supplies based on connections' in the disaster area, and stated that the death toll would become a historical mystery. Volunteers also described the dire situation in the disaster area and the difficulties in distributing supplies.
The mayor of Arcadia, a city in California, has admitted to being an illegal agent of the Chinese Communist Party (CCP), highlighting the CCP's infiltration activities in the United States.
Xi Jinping met Cambodian Prime Minister Hun Manet in Shanghai and announced that China and Cambodia will cooperate to combat telecom network fraud.
The Chinese Communist Party (CCP) official media "China Daily" reported that China's first Vice Foreign Minister Ma Chaoxu will visit the United States next week, and Hong Kong media interpreted it as paving the way for Xi Jinping's visit to the United States.
On July 17, a landslide occurred near the three bridges of Wu River in Pengshui County, Chongqing, burying or dropping more than ten residential buildings into the river. By that night, 18 people had been rescued, 8 dead, and another 34 missing. Officials said that before the incident, a grid worker had noticed falling rocks and organized an evacuation, but netizens questioned the insufficient warning.
Xi Jinping attended the World Artificial Intelligence Conference in Shanghai, proposing four points including promoting AI open innovation and strengthening security governance. He also announced that China will provide AI training slots to developing countries and build an international artificial intelligence application cooperation center. He also took the lead in establishing the "World Artificial Intelligence Cooperation Organization."
On the same day Xi Jinping attended the opening of the World Artificial Intelligence Conference, the Shanghai and Shenzhen stock markets plummeted across the board, with nearly 200 stocks hitting the daily limit, erasing all gains since August 2025. Technology, semiconductor, and gaming sectors related to AI fell the most.
Two days after the Chongqing landslide accident, only a small amount of surrounding building debris has been cleared at the site, while the vast majority of the collapsed mass and boulders remain essentially unchanged.
Former CCP official and commentator Du Wen revealed that Ma Zhaoxu, the current executive vice minister of the Ministry of Foreign Affairs, is about to take over as Foreign Minister, and the current Foreign Minister Wang Yi is about to step down.
According to Caixin News, at the close on July 17, the Shanghai Composite Index fell 3.05% losing the 3800-point level, the Shenzhen Component Index fell 5.40%, and the ChiNext Index fell 7.15%.
美国中央司令部称，美军袭击伊朗指挥中心、防空设施、导弹和无人机能力及海岸监视设施，包括阿巴斯港附近目标。
特朗普表示，除非伊朗回到谈判桌并与美国达成协议，否则美国对伊朗的打击将扩大至发电厂和能源设施。
伊朗军队威胁破坏霍尔木兹海峡附近其他石油出口走廊，并继续袭击科威特、巴林和约旦；相关国家称挫败伊朗空中威胁。
On July 16, Guizhou Provincial Market Supervision Administration Party Committee member Xu Liuwei is currently undergoing review and investigation for suspected serious disciplinary and legal violations. Xu Liuwei went viral online for demanding that Wang Jianlin retain all profits.
Wang Huning, member of the CCP Central Committee Politburo Standing Committee and chairman of the National Committee of the Chinese People’s Political Consultative Conference, led a Chinese delegation to meet Kim Jong Un in Pyongyang; the Korean Central News Agency released related photos the next day.
Liang Wenjie, Deputy Chairperson and spokesperson of the Mainland Affairs Council, said at a press conference that in July there were reports of 10 Taiwanese missing in the mainland, including a group of four traveling together that is currently being detained for unknown reasons.
北京月之暗面公司发布了Kimi K3模型，模型总规模达2.8万亿参数，可处理100万token，并在Arena等测试中取得领先。
阿根廷在亚特兰大举行的世界杯半决赛中2比1逆转击败英格兰，晋级决赛，阿根廷球迷随后在布宜诺斯艾利斯庆祝。
伊朗与美国军事冲突及霍尔木兹海峡局势导致全球油价上涨，特朗普称油价约为每桶79美元。
美国国土安全部宣布签证最终规则，以固定停留期限取代原有身份有效期制度，F签证和J签证通常与项目结束日期挂钩，最长4年。
The Central Commission for Discipline Inspection and the National Supervisory Commission announced that Cai Fuchao, former deputy head of the Publicity Department of the CCP Central Committee, is suspected of serious violations of discipline and law and is undergoing disciplinary review and supervisory investigation.
美军在恢复对伊朗封锁后加紧军事行动，并于3个月来首次在白天展开对伊朗的打击。
特朗普在宾夕法尼亚州表示美国在伊朗问题上做得很好，并称美军打击将持续到他认为足够为止，警告下周可能把目标扩大到发电厂和桥梁。
美国中央司令部称，美军使用战斗机、无人机和海军舰艇，对伊朗导弹、无人机设施、海军能力和防空系统发动持续7小时的攻击。
俄罗斯对乌克兰多个地区发动袭击，造成6人死亡、至少20人受伤；敖德萨、苏梅州和哈尔科夫均报告人员伤亡。
联邦法院判处前美联储高级顾问约翰·哈罗德·罗杰斯38个月监禁及刑满后12个月监督释放，原因是他向中国情报人员分享敏感信息并对调查人员撒谎。
Lawyer Hou Zhiyuan, while attending the trial of lawyer Wang Qing for alleged fraud, intervened in a dispute between a family member and the police, and was taken by the police to the detention room's steel cage for 20 minutes, during which he experienced discomfort.