Developing stories from China, in English.

Beijing police in Chaoyang district opened a criminal case into Yixin-related companies on Monday and took compulsory measures against the group's actual controller, days after the wealth-management giant declared itself insolvent four months after freezing redemptions.

Brussels plans to limit imports of Chinese hybrid cars to 350,000 vehicles a year from 2027 rather than impose fresh tariffs — the first hard number of the EU–China trade 'understanding,' and, as Beijing's own media notes, the first time China has agreed to restrain its own exports this way.

Culture

One of Weibo's Best-Known Pundits Is Quitting the Internet, Calling the Job Endless Performance

Li Ji, a commentator whose long posts on public affairs made him one of Weibo's recognizable independent voices, has announced he will delete every account within weeks — and his farewell essay doubles as a job review of China's opinion economy.