China indicts former Politburo member for bribery.
Today's events
Politburo bribery case.
Hubei prosecutors charged Ma Xingrui, a former Politburo member and Guangdong governor, with taking bribes of an especially large amount.1Nov 5 · People's DailyPurge roster.
Discipline chief Li Xi's essay names military commission vice-chairs Zhang Youxia and He Weidong among corrupt officials removed since 2012, alongside Zhou Yongkang.2Nov 5 · State CouncilFinancial work report.
Central bank governor Pan Gongsheng told lawmakers the yuan gained 5.8% against the dollar in the year to September; reserves stand at $3.4 trillion.3Nov 5 · Central BankDollar 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.4Nov 3 · Central BankThree-way summit.
Asked about a reported Xi–Putin–Trump meeting at this month's Asia-Pacific summit in Shenzhen, the foreign ministry said it is in touch with the parties.5Nov 4 · Foreign MinistryAI agent standards.
The internet regulator proposed open international standards for artificial-intelligence agents to interoperate, part of a cooperation initiative launched at the Wuzhen internet summit.6Nov 4 · Internet RegulatorWind and solar.
Installed wind and solar capacity reached 2.01 billion kilowatts by end-September, and their output growth covered 64% of the rise in national power use.7Oct 30 · Energy AdministrationDeepSeek ban.
Commerce ministry firmly opposed a U.S. order barring federal civilian agencies from buying DeepSeek products and requiring their removal from government systems.8Nov 4 · Commerce MinistryGulf diplomacy.
Saudi and Iranian national-security officials met Wang Yi in Beijing; China backs a “prudent, comprehensive” solution to reopening the Strait of Hormuz.9Nov 5 · China Military Online
Voices
“The essence of corruption is the abuse of power. To press the fight deeper, we must put power in the cage of institutions more scientifically and effectively.”
Li Xi, Party discipline chief · Nov 52
“The defendant Ma Xingrui used the convenience of his positions to seek benefits for others and unlawfully accepted their property in an especially large amount.”
Yichang Municipal People's Procuratorate, indictment · Nov 51
“We will continue to implement a moderately loose monetary policy … and keep the renminbi exchange rate basically stable at a reasonable, equilibrium level.”
Pan Gongsheng, central bank governor, report to the legislature · Nov 33
“China is willing to strengthen communication and dialogue with Saudi Arabia, Iran and other regional countries. The urgent task is to avoid war restarting in the Middle East.”
Mao Ning, Foreign Ministry spokesperson · Nov 45
“China is strongly dissatisfied with and firmly opposes this. … Imposing discriminatory restrictions on Chinese artificial-intelligence firms in the name of so-called national security politicizes technology and trade.”
Commerce Ministry spokesperson · Nov 48
“Upholding people-first and AI-for-good principles, we will jointly build an intelligence-native, open, secure and trustworthy, inclusively shared intelligent internet.”
Intelligent Internet Cooperation Initiative, internet regulator · Nov 46
Sources
- People's Daily Online, “Hubei Procuratorate Indicts Ma Xingrui on Suspicion of Bribery” (湖北检察机关依法对马兴瑞涉嫌受贿案提起公诉), November 5, 2026. society.people.com.cn/…/ma-xingrui-indictment
- State Council (gov.cn), Li Xi, “Firmly Walking the Path of Anti-Corruption With Chinese Characteristics” (李希：坚定走好中国特色反腐败之路), November 5, 2026. gov.cn/yaowen/…/li-xi-anti-corruption-path
- People's Bank of China, “State Council Report on Financial Work” (国务院关于金融工作情况的报告), delivered to the National People's Congress Standing Committee November 3, published November 5, 2026. pbc.gov.cn/goutongjiaoliu/…/financial-work-report
- People's Bank of China, “Decision to Raise the Foreign-Currency Deposit Reserve Ratio of Financial Institutions” (中国人民银行决定上调金融机构外汇存款准备金率), November 3, 2026. pbc.gov.cn/goutongjiaoliu/…/fx-deposit-reserve-ratio
- Ministry of Foreign Affairs, “Regular Press Conference, Spokesperson Mao Ning” (2026年11月4日外交部发言人毛宁主持例行记者会), November 4, 2026. mfa.gov.cn/wjdt/fyrbt/…/press-conference-nov-4
- Cyberspace Administration of China, “Intelligent Internet Innovation and Development Cooperation Initiative” (智能互联网创新发展合作倡议), November 4, 2026. cac.gov.cn/2026-11/04/…/intelligent-internet-initiative
- National Energy Administration, “China's Cumulative Wind and Solar Capacity Tops 2 Billion Kilowatts” (我国风光累计装机容量突破20亿千瓦), October 30, 2026. nea.gov.cn/20261030/…/wind-solar-2-billion-kw
- Ministry of Commerce, “Spokesperson's Remarks on the U.S. Homeland Security Procurement Exclusion and Removal Order Targeting Chinese Firms” (商务部新闻发言人就美国土安全部发布针对中国企业的联邦采购排除和移除命令通知答记者问), November 4, 2026. mofcom.gov.cn/xwfb/…/us-procurement-removal-order
- China Military Online (81.cn), “China Willing to Strengthen Communication and Dialogue With Saudi Arabia, Iran and Other Regional Countries” (中方愿同沙特、伊朗等地区国家加强沟通对话), November 5, 2026. 81.cn/fyr/…/saudi-iran-dialogue