
More recent developments

Unitree starts IPO preparation amid humanoid robot hype
What happened: On July 18, humanoid robot startup Unitree kicked off the IPO preparation process. Some context: The securities regulator (CSRC) recently reopened the door for tech IPOs after a long freeze – and that has led to a flood… Read More »

State security warns of “backdoors” in foreign tech products
What happened: On July 21, China's intelligence agency (MSS) issued a public service announcement warning of “backdoors” installed in foreign products, including chips, smart devices, and software, that renders products vulnerable to malicious control. Some context: The US has long… Read More »

NDRC warns against flying car over-investment
What happened: On July 18, Li Chunlin, deputy director of the macro planning agency (NDRC), warned local officials against irrational investments in the low-altitude economy. “We should make great efforts to prevent inefficient and redundant construction or low-end vicious competition… Read More »