China extends sanctions pause on eleven American firms.
Today's events
Sanctions pause.
Commerce Ministry will keep measures against 11 blacklisted American firms suspended for two more months from November 10, citing the eighth round of trade talks.1Nov 9 · Commerce MinistryFactory prices rise.
October producer prices rose 5.7% from a year earlier, driven by coal mining up 36.6% and oil and gas up 35%. Consumer prices gained 0.7%.2Nov 9 · Statistics BureauPrivate firms consulted.
Planning agency chief Zheng Shanjie gathered five company executives to shape next year's policy, hearing calls to curb what they called disorderly, irrational competition.3Nov 6 · Planning AgencyLocal Party committees.
Politburo member Yin Li, in a November 9 Qiushi essay, said China's 3,202 local Party committees will have their governing regulations rewritten.4Nov 9 · QiushiProvincial leader indicted.
Fujian prosecutors charged Yin Jianye, former vice chairman of Jiangxi's political advisory body and its Party politics-and-law chief, with taking especially large bribes.5Nov 9 · ProcuratorateAmerican investment curbs.
Commerce Ministry voiced grave concern and firm opposition to a draft U.S. Treasury rule widening investment restrictions, reserving the right to respond in kind.6Nov 8 · Commerce MinistryAustrian chancellor in Beijing.
Xi told Austria's visiting chancellor that a stronger China helps Europe solve problems, and offered cooperation on electric vehicles, artificial intelligence and green development.7Nov 6 · XinhuaCanada talks, Japan standoff.
Foreign Ministry announced talks in Canada on November 9, co-chaired by Vice Premier He Lifeng, and renewed its demand that Japan retract remarks on Taiwan.8Nov 6 · Foreign MinistryDebt-evasion accounts closed.
Internet regulator and the financial watchdog shut accounts selling anti-debt-collection courses, bogus credit repair and proxy insurance refunds, calling them a financial grey industry.9Nov 6 · Internet Regulator
This week
Party congress cycle opens.
The Central Committee issued rules on November 7 for electing 2,360 delegates from 38 units to the 21st Party Congress, due in late 2027. The organization department added that candidates face political, integrity and conduct vetting, with one veto enough to disqualify. A parallel local round will seat 2.6 million county and township deputies.1Nov 7 · State CouncilPurge roster reaches the military.
An essay by discipline chief Li Xi, published November 5, listed officials removed since 2012 and named the two vice-chairmen of the commission that runs the armed forces, Zhang Youxia and He Weidong, alongside Zhou Yongkang. The same day Hubei prosecutors indicted Ma Xingrui, a former Politburo member and Guangdong governor, for bribery. Lawmakers also passed a cross-border corruption law, effective immediately.2Nov 5 · State CouncilForeign-currency reserve ratio.
The central bank will raise the reserve ratio on banks' foreign-currency deposits from 4% to 6% on November 15, citing foreign-exchange liquidity management. Its report to the legislature, delivered November 3, put the yuan up 5.8% against the dollar over the year to September and reserves at $3.4 trillion. Share-buyback relending became a standing facility at 1%.4Nov 3 · Central BankA world AI body, ratified.
The legislature's standing committee ratified the agreement establishing the World Artificial Intelligence Cooperation Organization on November 6. Days earlier at the Wuzhen internet conference, Premier Li Qiang opposed any “digital iron curtain” and the internet regulator published an eight-point initiative for open, non-discriminatory standards letting AI agents from different platforms work together. Washington barred its agencies from buying DeepSeek the same week.6Nov 6 · People's CongressExpo-week diplomacy.
Xi raised ties with Gabon to a “community with a shared future” on November 6 and closed early-harvest talks under China's Africa zero-tariff pledge. He offered Austria's chancellor cooperation on electric vehicles, artificial intelligence and green development. Both leaders were in China for the ninth import expo, which ran November 5–10 in Shanghai. The commerce ministry meanwhile opened two anti-dumping cases against European chemical imports, noting sixteen EU trade-remedy cases against China this year.7Nov 6 · Xinhua
Voices
“A China that keeps growing stronger is not the source of Europe's problems, but a partner and fellow traveller who can help Europe solve them.”
President Xi Jinping, meeting Austria's chancellor, Beijing · Nov 67
“We must face squarely the real difficulties — external shocks, strong supply and weak demand — while also seeing the structure improve and momentum turn toward the new.”
Zheng Shanjie, head of China's central planning agency · Nov 63
“Relations with Japan face severe difficulties, and the responsibility lies entirely with Japan. A year on, the Japanese authorities are still going in circles.”
Foreign Ministry Spokesperson Guo Jiakun · Nov 68
“We must prevent both arbitrary rule where one person decides everything, and the opposite — everyone talking past each other and nothing being decided.”
Yin Li, Politburo member, writing in Qiushi · Nov 94
“The rule discriminatorily widens investment restrictions on China — a textbook stretching of national security. China expresses grave concern, firmly opposes it, and reserves the right to respond.”
Commerce Ministry spokesperson · Nov 86
“The defendant used the convenience of his offices, and advantages formed by his position, to seek benefits for others and unlawfully accept money and property in especially large amounts.”
Zhangzhou People's Procuratorate indictment · Nov 95
Sources
- Ministry of Commerce, “Commerce Ministry Spokesperson Answers Press Questions on Adjusting Unreliable Entity List Measures,” November 9, 2026. mofcom.gov.cn/xwfb/…/unreliable-entity-list-adjustment
- National Bureau of Statistics, “Producer Prices for Industrial Products Rose 5.7% Year-on-Year in October 2026,” November 9, 2026. stats.gov.cn/sj/zxfb/…/october-producer-prices
- National Development and Reform Commission, “Director Zheng Shanjie Chairs Symposium with Private Enterprises on Implementing This Year's Economic Work and Studying Next Year's Policy Measures,” November 6, 2026. ndrc.gov.cn/xwdt/xwfb/…/private-enterprise-symposium
- Qiushi, Yin Li, “Strengthening the Functions of Local Party Committees,” November 9, 2026. qstheory.cn/20261109/…/local-party-committees
- People's Daily, “Fujian Procuratorial Organs File Public Prosecution Against Yin Jianye for Suspected Bribery,” November 9, 2026. people.com.cn/n1/2026/1109/…/yin-jianye-indictment
- Ministry of Commerce, “Commerce Ministry Spokesperson Answers Press Questions on the New U.S. Proposed Outbound Investment Restriction Rule,” November 8, 2026. mofcom.gov.cn/xwfb/…/us-outbound-investment-rule
- Xinhua (via Cyberspace Administration of China), “Xi Jinping Meets Austrian Chancellor Stocker,” November 6, 2026. cac.gov.cn/2026-11/06/…/xi-meets-austrian-chancellor
- Ministry of Foreign Affairs, “Foreign Ministry Spokesperson Guo Jiakun's Regular Press Conference, November 6, 2026,” November 6, 2026. mfa.gov.cn/wjdt/fyrbt/…/press-conference-nov-6
- Cyberspace Administration of China and National Financial Regulatory Administration, “Concentrated Rectification of Online Financial ‘Black and Grey Industry’ Information,” November 6, 2026. cac.gov.cn/2026-11/06/…/financial-black-grey-industry