US Vice President Vance on AI Regulation and Leadership
US Vice President J.D. Vance said on September 14 that he hopes to ensure wise AI regulation while maintaining America's leading position.
US Vice President J.D. Vance said on September 14 that he hopes to ensure wise AI regulation while maintaining America's leading position.
The U.S. Attorney's Office for the Southern District of New York has filed a lawsuit seeking the forfeiture of approximately $61 million in cryptocurrency, alleging it is linked to Iran's illegal laundering of black market oil funds through two Chinese companies.
A knife attack occurred near Gaogou Xintiandi Plaza in the University Town of Panyu District, Guangzhou, where a 35-year-old man randomly attacked young women with a small knife. Police said the injured were treated and their lives are not in danger.
Organization department heads in Jiangsu, Fujian, Shanxi and other places have been adjusted in rapid succession, and most of the new officials have backgrounds in the Hu-Wen and Li Keqiang factions.
According to Reuters, the State Administration of Foreign Exchange (SAFE) has been intensively instructing banks to raise the foreign exchange hedging ratio for enterprises, lifting the national average to around 35.3 percent and coastal export-heavy provinces to above 40 percent.
Liu Kai, a 20-year-old college student in Beijing, used circumvention software to follow anti-CCP influencers on YouTube and downloaded videos to share with classmates. He was criminally detained by the Haidian Branch of the Beijing Public Security Bureau on suspicion of inciting subversion of state power.
Ren Zhengfei's younger daughter publicly attended a film promotion event in Beijing, which is seen as a partial response to rumors that Ren Zhengfei's whole family fled China.
Anna Yao, daughter of Huawei's founder, attended a public event in Beijing on September 14 and released promotional photos, after which she sparked controversy online over her remarks.
On September 12, 2026, Hebi Foreign Language Middle School in Henan Province forced students to stay after school for extra classes on weekends and holidays, claiming they were ‘voluntary’. Dissatisfied with the school's closed management, students in uniform gathered at the school gate, and several high school students climbed the iron fence to climb out of the campus. The on‑site video spread online and was soon blocked and removed by the platform.
On September 11, 2026, a Douyin user uploaded a mash‑up video tagged with “cannibalism”, “capital”, and “the poor”, showing the harsh lives of impoverished groups in China through multiple scenes. The video received about 101,000 likes and 16,000 shares on the platform. Afterwards, the platform reviewed the comment section, deleting many comments; by the deadline only five comments remained visible. The incident reflects the platform’s strict censorship of sensitive content.
On September 12, 2026, two scholars from Guangdong published a quantitative trade model study in the peer‑reviewed journal Southern Economy. The study estimates that if the United States and China completely sever economic and trade ties, both superpowers would be harmed, while the overall economic gains of most other countries, including Southeast Asia, would increase. The research further notes that these gains are fragile; if those countries also cut economic links with China, the prior gains would quickly turn into losses.
On September 10, 2026, a Douyin user waiting at a hospital saw a man slap a woman sitting in a wheelchair with his palm, the sound extremely loud. The woman had a needle in her hand, picking up a shoe from the floor while retorting, “You keep hitting, hit me to death.” The man then snarled, “It cost me several thousand yuan to bring you to the hospital; believe it or not, I’ll kill you when we go back.” The netizen said the woman seemed accustomed to being beaten. No follow‑up handling of the incident was seen.
On September 10, 2026, during the auto parts expo held in Frankfurt, Germany, several Chinese participants ate the Chinese boxed meals provided on site and subsequently experienced vomiting, diarrhea and other symptoms, with preliminary suspicion of food poisoning. On-site staff did not immediately disclose the exact number of cases, and those affected have gone to local hospitals for treatment. German health authorities have intervened to investigate.
On September 11, 2026, the Douyin platform cleaned the comment section of the Tianjin University of Technology military training performance “Tank Formation” video. After the video was posted, the comment section saw multiple netizens use “June Fourth” to allude to the 1989 Tiananmen incident, sparking heated discussion. Douyin subsequently deleted all related comments, resulting in the comment section being emptied, without providing an official explanation. This action was seen as online censorship of sensitive political topics.
On September 11, 2026, the Hong Kong High Court sentenced leaders of the Alliance for Patriotic Democratic Movements of Hong Kong (ADPL), Lee Cheuk-yan, Chow Hang-tung, and Albert Ho Chun-yan, to five, six, and seven years in prison respectively for subversion of state power. The Hong Kong SAR government and the Legislative Council subsequently issued statements firmly supporting the verdict and accusing the US, the West, and overseas organizations of slander and smearing. Police Commissioner Raymond Siu warned that there are still hidden criminals. The EU issued a statement saying the trial was politically motivated and warned of damage to Hong Kong's rule of law reputation; the UN High Commissioner for Human Rights called for the abolition of the penalty and demanded that the National Security Law comply with international human rights standards.
On the evening of September 12, 2026, homeowners in the Cuiping Bay community of Baqiao District, Xi'an protested against unreasonable property fee charges. Video from the scene shows the owners shouting "Is there any law?" before police used violent methods to maintain order and arrested several protesters. The incident was shared online by netizens, who accused the police of abusing their authority.
According to a Bloomberg report on September 14, as the U.S. and Chinese heads of state are expected to meet in late September, China purchased at least 1 million tons of U.S. soybeans last week, bringing total purchases to over half of its annual commitment. China Gas also signed a 20-year liquefied natural gas purchase agreement, though tensions between the U.S. and China persist in areas such as AI and arms sales to Taiwan.
On September 14, Lei Haichao, director of the National Health Commission, stated at a State Council Information Office press conference that although China's newborn population has declined in recent years, it has remained at the order of magnitude of around 8 million, and there will still be relatively abundant labor resources in the future. This statement was subsequently rebutted by Huang Wenzheng in a published article.
The aggregate financing to the real economy for August announced by the central bank was 1.66 trillion yuan, of which net government bond financing was 1.01 trillion yuan, accounting for 60.8%; renminbi loans to the real economy were only 60 billion yuan, accounting for 3.6%, meaning financing was mainly supported by government borrowing.
Central bank data show that household loans decreased by 202.9 billion yuan in August, of which short-term loans fell by 121.9 billion yuan and medium-to-long-term loans fell by 82.2 billion yuan. Both the short and long ends declined simultaneously, indicating that residents are neither buying homes nor borrowing to finance consumption.
Central bank data show that corporate loans increased by 260 billion yuan in August, of which short-term loans decreased by 160 billion yuan and medium- and long-term loans increased by 320 billion yuan, below the level of 470 billion yuan in new medium- and long-term loans in August last year.
Central bank data show that household loans recorded a cumulative net decrease of 1.03 trillion yuan in the first 8 months of 2026, compared with a net increase of 711 billion yuan in the same period of 2025, as household sector credit swung from positive to negative.
On September 14, 2026, the US Secretary of the Air Force formally acknowledged for the first time that the US military has deployed on-orbit space control weapons, saying they can protect US forces and counter enemy space capabilities when necessary. China's Foreign Ministry subsequently warned the US not to turn space into a battlefield and opposed the weaponization of outer space.
Financial data for August released by the central bank on September 14 showed that the year-on-year growth of the RMB loan balance fell to 4.9%, the lowest value since statistics began.
Aggregate financing in August was 1.66 trillion yuan, down 35% year on year, of which net government bond financing was 1.01 trillion yuan, accounting for 60.8%, while RMB loans to the real economy were only 60 billion yuan, or 3.6%.
Central bank data show that household deposits increased by 6.99 trillion yuan in the first 8 months of 2026, 2.78 trillion yuan less than in the same period a year earlier; over the same period, household loans decreased by a net 1.03 trillion yuan, and the household sector's overall balance sheet shrank by about 8 trillion yuan.
On September 14, Vice Minister of Education Xu Qingsen was parachuted into Fujian, taking office as a standing committee member of the CPC Fujian Provincial Committee and head of its Organization Department. With this, both the posts of discipline inspection commission secretary and organization department head in Fujian have changed hands within three months.
At a State Council Information Office briefing on September 14, it was announced that the General Office of the State Council has issued a new notice, requiring guidance for large enterprises to reduce the maximum payment period for small and medium-sized enterprises to within 60 days and to standardize payment rules across industries.
The State-Owned Assets Supervision and Administration Commission (SASAC) requires central state-owned enterprises to dynamically clear defaults and arrears owed to small and medium-sized enterprises, with cash payment becoming a mandatory requirement. No new bills or notes with terms exceeding 6 months will be issued, and SMEs can report arrears issues to central SOEs and SASAC platforms.
According to an ICIJ investigation based on 4.8 million confidential documents, ICBC's London branch, at the behest of its Beijing headquarters, provided financing for Belt and Road projects and opened accounts for the daughter of Azerbaijan's dictator, Russian oligarchs, and companies linked to Belarus's military-industrial complex.
According to an ICIJ investigation, days after Meng Wanzhou was indicted by the United States in February 2019, ICBC's London branch urgently convened nine employees on a Saturday, bypassing internal compliance procedures to remit more than $1.3 billion in Huawei deposits back to China; compliance officers raised risk warnings, but the Beijing headquarters insisted on proceeding with the transaction.
On September 14, 2026, Trump posted a series of tweets attacking the proposals by Sanders and tech giants for AI regulation and joint China-U.S. controls, saying that the claim AI will destroy the world is a hoax like global warming, that the only one happy about the conspiracies targeting AI and data centers is China, stressing that whoever wins AI wins the future, and claiming he has enormous criminal and regulatory power over AI companies.
On September 14, at a press conference, Lei Haichao, director of the National Health Commission, stated that China's total population is 1.405 billion and that it will long maintain its status as a populous country in the world, while acknowledging that the population has declined for 4 consecutive years and that newborns have dropped from the tens of millions to the millions.
US President Trump wrote on Truth Social on September 14 that Ukraine has agreed not to strike Russian energy targets, and Russia has likewise agreed, but neither government has confirmed any such agreement, and the Kremlin said Trump's proposal is a very good idea.
US liquefied natural gas exporter Venture Global announced an agreement with China Gas, under which China Gas will purchase 500,000 tonnes of LNG per year starting in 2030 for a period of 20 years, bringing the two sides' total long-term purchases to 2.5 million tonnes per year. The agreement was reached on the eve of the US-China leaders' summit.
On the afternoon of September 14, a revenge attack on society occurred at the GOGO New World Commercial Plaza in Guangzhou University Town, Panyu, Guangzhou, leaving multiple people with eye injuries. Guangzhou police announced that evening that they had apprehended a 35-year-old suspect surnamed Li, and that the injured were not in life-threatening condition; eyewitnesses said there may have been multiple suspects, and a warning post circulated by netizens was deleted.
To address the difficulty SMEs face in collecting receivables, the General Office of the State Council issued a special notice, putting forward 10 measures in four areas, requiring large enterprises to shorten the maximum payment period for SMEs to within 60 days, and pushing leading enterprises to honor a “60-day cash payment commitment.”
On September 14, the State Council (State-owned Assets Supervision and Administration Commission) stated at a State Council Information Office policy briefing that central enterprises will take the lead in raising funds and ensuring timely payment. It required large enterprises to compress the maximum payment period for small and medium-sized enterprises to within 60 days, strictly prohibited issuing new bills with a term of more than 6 months, and called for joint interviews and rectifications targeting large enterprises that intentionally prolong account periods.
On the morning of September 14, 2026, Wancheng Town, Wanning City, Hainan Province was struck by an EF3–EF4 tornado, damaging the playground facilities of Beijing Normal University Wanning Experimental School, with no casualties. Due to the combined effect of the residual vortex of a South China Sea tropical low and cold air, the province has been experiencing continuous extreme heavy rainfall since September 11. The main external road of Wuzhishan City was completely blocked, allowing only emergency rescue vehicles, and floods caused severe losses for local farmers.
On September 14, the Chinese Ministry of Foreign Affairs said that the US AI giant's spreading of threat narratives, engaging in confrontation and malicious competition is not in the interest of any party. Earlier, the CEO of US AI giant Anthropic called for slowing AI development, receiving responses from many quarters; BBC analysis believes that coordination between China and the US on AI is almost impossible, but both sides intend to include AI in the summit agenda.
Teacher Wang, a kindergarten health teacher and cafeteria safety officer, revealed on September 14 that cafeteria ingredients were taken and used privately.
Teacher Wang, a campus health teacher and cafeteria safety officer at the kindergarten, stated on September 14 that the vegetable washing sinks were soaked with 84 disinfectant for anti-mosquito nets, and were also used for washing hair and scrubbing shoes.
Wang, a health teacher and cafeteria safety officer at the kindergarten, stated on September 14 that the cooking wok was used to scrub sewer covers and mops.
In the first 8 months of 2026, net corporate bond financing totaled 2.79 trillion yuan, 1.23 trillion yuan more than the same period last year. However, most of these were bonds of a local government financing platform nature, essentially replacing loans with low-interest, long-duration bonds rather than representing new investment.
Xinhua News Agency published an article on September 14 quoting Tian Xuan, dean of Peking University's Guanghua School of Management, who said that total credit expansion is not weak but has only changed structurally, defending August's financial data and sparking controversy.
On September 14, more than 100 employees and fund contributors at Aijia Supermarket in Zhumadian, Henan, surrounded chairman Wang Haizhou to demand the return of their money, and clashed with police at the scene. The company had long encouraged employees to deposit their wages and savings into the so-called Tianzhong card; an economic crisis broke out in August, several supermarkets closed and cash withdrawals were suspended.
On September 14, the U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture action seeking to seize approximately $61 million in cryptocurrency, alleging that the Chinese companies Blessed Trust and Hexawell used Binance trading accounts to launder money from Iran's black-market crude oil sales, with the related network having laundered more than $1.5 billion in illicit oil funds.
According to the latest statistics from the Ministry of Education compiled by Yicai, among full-time primary and secondary school teachers nationwide, 5,910 hold a doctoral degree and 855,634 hold a master's degree, totaling more than 860,000; on September 14, the topic "Over 860,000 Master's and Doctoral Degree Holders Teaching in Primary and Secondary Schools" trended on Weibo's hot search.
On September 14, former Shenyang Party Secretary Huo Bugang appeared in public in his new roles as Deputy Secretary of the Liaoning Provincial Party Committee and Secretary of the Shenyang Municipal Party Committee, filling the deputy provincial party secretary vacancy left by Xiong Maoping's departure.
On September 14, Singapore's Ministry of Defence announced that Chan Chun Sing would visit China from September 15 to 17 to attend the Xiangshan Forum, saying the trip was at the invitation of Dong Jun and that he would meet with Dong Jun. As of September 16, Dong Jun had not held formal bilateral talks with Chan Chun Sing; the first to meet Chan Chun Sing was Shi Taifeng.