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Spot gold broke under $3,900 an ounce and Chinese jewellers cut prices below 1,200 yuan a gram on November 12 — but the buy-the-dip reflex that has defined Chinese gold buying for a decade is failing, and the experts are telling people not to catch the falling knife.
A viral video of a restaurant owner quietly slipping cash to a mother and daughter who ordered only a six-yuan bean-sprout dish was staged by the video's producer to farm traffic, a Chongqing district investigation team announced on November 12. The case is the latest in China's crackdown on fabricated 'positive-energy' content.
The singer Liu Huan died in September at 63, and his death certificate cited septic shock. A letter published by his wife on the 49th day after his death reveals he had been fighting bladder cancer for fourteen years — and refused bladder-removal surgery to keep working.
The week's biggest stories from Chinese social media.
Mercedes-Benz will design its Chinese lineup around what Chinese buyers want, starting with size. CEO Ola Källenius says cars here must be 'big, very big, incredibly big', costs must be fully localized, and the first car built on the new logic, an electric E-Class, arrives in 2027.
Beijing's investment-security office has prohibited SoftBank's 5.375-billion-dollar acquisition of ABB's robotics unit in China — the division's biggest market and its global manufacturing hub — reportedly over concerns that data from Chinese factory robots could flow abroad, including into models trained by OpenAI, in which SoftBank is an investor.
Anthropic's updated usage policy, in force from November 12, refuses Claude to anyone in mainland China, any company registered there, and any company controlled by mainland Chinese owners even if it operates abroad — a cutoff that reached paying developers the same week the company launched the roadshow for one of the biggest IPOs on record.
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