Asia
The Taiwan crisis: What does the Chinese media say?
The effects of the US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan is still resonating. Although it was already well-understood that Beijing will not give an immediate response out of temper, it is still a topic of debate what measures will it take and what kind of responses will China give in the long run.
The Chinese media continues to discuss the policies of the Beijing administration and the position of the United States regarding Pelosi’s visit. There is an expectation within the Chinese public opinion, to deliver a strong response to Pelosi’s action in order to protect Chinese national reputation. Political scientists and academics on the other hand, are in favor of some more inclusive policies that would accelerate the reunification process with Taiwan. There are even comments that Beijing can turn this crisis into an opportunity.
The analysis column published by the Global Times has described Pelosi’s visit to Taiwan as a provocation, while being said that the US has now undermined the peace and stability and changed the status quo within the Taiwan Strait. The article reminds that the US and Western public opinion often targets China over the concepts of peace, stability and status quo, the article describes Pelosi’s visit as a “serious and destructive change” to the status quo in the Taiwan Straits, while calling this move as a “betrayal of the US political commitment to China”. The visit was described to have violated the One-China Principle and the Three Joint Communiques, which form the basis of Beijing-Washington relations, as well as violating the United Nations Resolution No 2758. The article argues that any countermeasures to be taken by China as a sovereign country, to defend its national interests, are both legitimate and necessary.
Hua said China had expressed time and again its opposition to Pelosi's provocative visit & noted her visit would violate one-China principle & infringe China's sovereignty & territorial integrity. pic.twitter.com/Ag4UGYwiEz
— Global Times (@globaltimesnews) August 4, 2022
Intimidating Pelosi
The countermeasures taken by China in this context are summarized as follows; First to define Pelosi as the main target. The main objective in this is to ensure that this risky move by Pelosi backfires at her, so that other American politicians like Pelosi can grasp that Taiwan is not a place they can visit at any instance. An example of China’s military countermeasure that has made Pelosi feel the intimidation was when her plane circled over the South China Sea, fearing the Chinese military firing drills with live ammunition could hit the plane, during Pelosi’s flight on last Tuesday.
Military countermeasures
Secondly, it is being argued that China’s countermeasures should not be a one-time intimidation, but a combination of long-term, decisive and steady actions. The importance and deterrence of the Chinese military’s drills around the island of Taiwan are once again underlined, with joint naval and air exercises in the north, southwest and southeast of the island starting Tuesday night, by long-range artillery firing in the Taiwan Straits and by conventional missile tests in the maritime zones east of the island. It is stressed that these exercises will provide a better understanding that the Strait of Taiwan is not an international water.
WATCH: PLA Army's latest long-range multiple-launch rocket systems spit fire at targets in designated areas in the eastern Taiwan Straits on Thursday. pic.twitter.com/Xa1pc5o1eF
— Global Times (@globaltimesnews) August 4, 2022
This will accelerate the unification process with Taiwan
Third, it is told in the article that China’s countermeasures are fundamentally aimed at promoting the process of national re-unification. And it is told that some actors like Pelosi cannot change “the historical and legal fact that Taiwan is a part of China” and cannot thwart China’s ascension to achieve a full reunification. The article argues that these moves from the USA, will further accelerate the process of reunification: “Every step taken by the foreign powers to escalate the provocations and to implement secret agreements will only further accelerate China’s realization of a full reunification.”
The entire Asia-Pacific theatre will be affected by this
On the CGTN, Pelosi’s visit was published with the headline ” Pelosi lit a fire that could consume the Asia-Pacific.” Describing this action from the US as a “brazen violation of China’s most sacred principle” and a “challenge to internationally recognized legal facts,” the article states that a strong public opinion has been formed in the country, against this message that is intended to be sent with the Taiwan visit.
Emphasizing that China has ” no option but to retaliate to this blatant challenge to its national sovereignty and territorial integrity”, the article refers to the Chinese military exercises around the island of Taiwan. At the conclusion of the article, Beijing-Washington relations are mentioned, and was stated that If the United States can’t find a rational approach to its relationship with China, it will “have to face a dangerous conflict of its own making again”.
PLA on Thursday conducted military exercises and training activities including live-fire drills around Taiwan island. https://t.co/UKJsEe4J3U pic.twitter.com/Uj6DJrsq0L
— CGTN (@CGTNOfficial) August 4, 2022
Pelosi in the front, Washington in the back
In another analysis article also published by the CGTN with the editor signature of Chen Wenling, the chief economist of the China Center for International Economic Exchange (CCIEE), it was argued that while this action could at first glance thought to belong to Pelosi personally, it is essentially a continuation of the US policy of containment of China. The article implies that Pelosi acts just as a side-actress: “Some American politicians seem to try persuading Pelosi to give up her trip to the island at first glance, but in fact they are secretly bringing Pelosi to the front stage”.
In the article it was emphasized that although the US has declared that it respects to the one-China principle, but has not acted accordingly, while giving examples of Washington’s actions: the US Congress has supported the “independence of Taiwan” by legislation; The State Department of the US has removed phrases such as “Taiwan as a part of China” from its official website; Taiwan was officially included in the “American Indo-Pacific Strategy”; Washington has intensified its arms sales to Taiwan to increase the region’s “asymmetric fighting capability” and to support the separatist activities such as the “Taiwanese independence movement”.
As for China’s countermeasures, sanctions are indicated: Taiwan has banned citrus fruits such as grapefruit, lemon and orange, as well as fish types such as grouper and mackerel, from being imported to the mainland. The decision also covers the import of natural sand. Chen Wenling’s analysis article ends with an emphasis on Chinese reunification, like the other articles.
Let us focus on the process, and not on the outcome
The analysis article published at China Daily, blames the Washington administration for the visit and indicates the internal conflicts and political fractures within the United States.
The article states that the main point to be analyzed about Pelosi’s visit is not the outcomes of this visit, but the process that has led to it, and that if these issues are not properly addressed, it is argued that “the flawed US political system will put the world in a constant trouble”. It is commented that Pelosi’s visit to Taiwan does not serve the American national interests, while the US will continue to pay the price for the rise of populism within its political elite. It is also noted that Beijing will take the initiative to turn this event over the Taiwan Strait into an opportunity, and “will not waste this opportunity in any possible way”.
Asia
Chinese Politburo signals cautious confidence as Beijing pivots toward targeted tech support
The mid-year meeting of the Communist Party of China (CPC) Politburo has long served as a critical evaluation point for Beijing. The session provides the central government with an opportunity to review developments from the first half of the year and steer the country toward a more realistic economic course in the months ahead.
The latest statement from the top leadership signals cautious confidence. The release indicates that policymakers are favoring a stable, targeted approach over the broad-based stimulus measures that characterized previous years. As China manages its economic transition, the post-Covid era of aggressive spending has clearly drawn to a close. In its place, a strategic and structural approach has taken hold, prioritizing resilience and stability over short-term capital injections.
According to the outcomes of the Politburo meeting, the policy orientation will continue to target specific sectors. Financial support will be directed away from the property market and toward high-tech emerging industries such as artificial intelligence and semiconductors. In the real estate sector, the objective remains stabilizing market confidence and keeping debt risks under control.
Infrastructure investment is likewise being reshaped around the concept of “new infrastructure.” The focus is no longer solely on concrete and physical structures; smart power grids, information technology networks, and data infrastructure have taken precedence.
This approach signifies an investment in future competitiveness rather than simply pumping capital into the economy’s more stagnant sectors. Serving as a new driver of growth, digital infrastructure fulfills a dual purpose: supporting domestic demand in the short term while safeguarding technological competitiveness over the long term.
Finally, Beijing is signaling a more conciliatory posture in international trade. The Chinese leadership aims to establish a more balanced trade framework to mitigate concerns voiced by trade partners such as the European Union over what has been termed “China Shock 2.0.”
As the administration prepares for critical leadership changes next year, its primary focus will remain on stability across both economic and social spheres.
China continues to strike a balance between realistic growth targets and systemic restructuring, maintaining policy leeway to absorb potential external shocks. Beijing’s economic strategy reflects a pragmatic assessment of both domestic and international challenges.
Struggling with weak demand, the domestic economy is not yet in a position to anchor national growth independently. Expansion continues to rely heavily on a record trade surplus alongside the impressive export performance of high-tech and clean energy sectors. However, this reliance has drawn pushback from several trading partners.
To stimulate domestic economic activity and ease trade tensions, Beijing unveiled its first standalone five-year plan focused on consumption. Released in July by the National Development and Reform Commission and the Ministry of Commerce, the plan targets an increase in retail sales to 60 trillion yuan (approximately $8.9 trillion) by 2030. This represents an increase of roughly 20% compared to 2025 levels.
To improve profit margins for small businesses, regulatory authorities are tackling the issue of “involution”—described as excessive internal competition—by curbing platform monopolies and preventing destructive price wars. While these structural adjustments may take longer to yield results, they are viewed as a more sustainable and effective alternative to direct cash handouts.
Asia
Chinese chipmaker profits surge 2,500% on explosive AI computing demand
Major Chinese microchip manufacturers saw their profits surge by 2,579.5% in the first half of 2026, driven by unprecedented demand for artificial intelligence and computing capacity.
Data from China’s National Bureau of Statistics, cited by the South China Morning Post (SCMP), underscored the industry’s sharp upward trajectory.
Yu Weining, senior statistician at China’s National Bureau of Statistics, explained that this surge is directly connected to the accelerating integration of artificial intelligence across various sectors.
Yu noted that this process has increased the need for computing capacity. The demand for computational processes also lifted profits across the entire electronics industry by 97% year-on-year.
Profits of major Chinese industrial enterprises with an annual revenue exceeding 20 million yuan ($2.9 million) rose 18.7% in the first six months of the year, reaching 4 trillion yuan.
In the first half of 2025, before the global data center construction process had begun, industrial profits had dropped by 1.8% to 3.4 trillion yuan, while profit growth in the electronics sector remained at 3.5%.
The SCMP reported that the global AI boom has generated explosive demand for high-performance computing systems and memory chips, causing a structural pivot in China’s industrial landscape.
Data showed that integrated circuit production in the first half of the year grew by 23% year-on-year to reach approximately 280 billion units.
This figure means that the country produced an average of more than 1.5 billion chips per day.
The profit growth is also corroborated by forecasts from China’s leading chipmakers. Shenzhen Longsys Electronics, one of the largest memory module manufacturers, expects its profits to increase by more than 600-fold in the first half of the year.
Flash memory maker GigaDevice projects that its net profit will surge by approximately 1,099% year-on-year due to supply shortages and rising product prices.
Chinese companies in the AI chip segment are also demonstrating strong profit growth, albeit at a more moderate pace compared to the memory market.
Hygon Information Technology, which develops central processing units and computing units for artificial intelligence, projects that its profits will rise by up to 52.3%.
CXMT hits record high on Shanghai Stock Exchange
Shares of Chinese chipmaker CXMT gained more than 500% on their first day of trading on the Shanghai Stock Exchange on July 27, jumping from 8.66 yuan to 55 yuan.
As a result of this sharp surge in its shares, CXMT’s market valuation reached 3.65 trillion yuan ($539 billion), making the company China’s most valuable publicly traded firm.
At the peak of the rally—even though quoted prices underwent a slight correction toward the close of the trading day—CXMT surpassed Tencent, which was trading on the Hong Kong Stock Exchange with a market capitalization of $514 billion.
Asia
Massive student movement over exam leaks forces resignation of India’s education minister
Indian public examination reform proposals follow education minister’s resignation after nationwide youth protests
India’s federal government introduced legislation in parliament on Monday to amend the law governing public examinations, days after the “Cockroach” movement forced the resignation of Education Minister Dharmendra Pradhan following nationwide youth protests.
The bill incorporates enhanced sanctions, including longer prison sentences and higher fines for those found responsible for exam leaks and irregularities.
The demonstrations are widely viewed as the most significant youth-led challenge faced by Prime Minister Narendra Modi since he took office in 2014.
What triggered the protests?
Nearly 2 million students took the National Eligibility cum Entrance Test (NEET), an undergraduate medical entrance examination, in May. The federal National Testing Agency cancelled the exam on May 12 following allegations that question papers had been leaked. The examination was re-administered on June 21.
Young people took to the streets to protest against examination fraud, youth unemployment, and a perceived lack of future prospects.
According to a BBC report, the unemployment rate among university and college graduates aged 15 to 25 in the country stands at a critically high level of 40%. The addition of corruption in public examinations to existing economic strain broke the patience of the youth.
Abhijeet Dipke, founder of the Cockroach Public Party (CJP) movement, led the protests.
The movement derived its name from remarks made in May by Supreme Court Judge Surya Kant, who used the terms “cockroach” and “parasite” in a derogatory reference to unemployed youth and protesters. Young demonstrators adopted the insult as a symbol and named their movement after it.
How the movement unfolded
Young protesters organized street demonstrations demanding the resignation of Education Minister Pradhan. Dipke, who initiated the movement in New Delhi, subsequently organized protests in other parts of the country.
Sonam Wangchuk, one of the protesters, began a hunger strike at the demonstration site in support of the movement. As his physical condition deteriorated, authorities forcibly transferred him to a hospital.
The reaction to Wangchuk’s forcible removal from the protest site caused crowds at the venue to expand rapidly.
Tens of thousands of protesters faced tear gas and baton charges by police while attempting to march on parliament. Some demonstrators engaged in clashes with law enforcement officers.
CJP leaders held talks with ministers from the Modi government, who requested time to evaluate the protesters’ demands internally.
Modi called for unity among lawmakers in the ruling coalition to implement strict measures against exam paper leaks, punish those responsible, and establish a secure, leak-proof system.
Opposition representatives led by Rahul Gandhi staged a sit-in at the entrance of Modi’s official residence demanding Pradhan’s resignation. They were briefly detained by police before being released.
Opposition lawmakers supporting the student protesters disrupted proceedings in parliament. Demonstrations expanded to other regions of the country, including the financial hub of Mumbai.
In his first direct statement regarding the protests, published in a post on X, Modi announced that special courts would be established to prosecute individuals involved in exam paper leaks. Protesters rejected the proposal.
Movement leaders held a second round of talks with the government after Wangchuk ended his 26-day hunger strike.
Following those discussions, the government requested time until the afternoon of the following day to respond to the demand for Pradhan’s resignation.
Education Minister Pradhan subsequently announced his resignation, stating that he was stepping down in light of the situation at the protest site and across the country, as well as to prevent “external forces” from exploiting the environment.
On July 26, Modi announced the creation of a task force headed by technology entrepreneur Nandan Nilekani to overhaul the country’s examination system.
On Monday, July 27, the government presented a bill to parliament proposing amendments to the law governing public examinations. The legislation introduces stiffer penalties for offenders, including extended prison terms and increased monetary fines.
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