Beijing has eliminated roughly 12,000 degree programmes from Chinese universities since 2021, replacing them with technology-focused courses aligned to state-designated 'future industries'.
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More than 20 of China's top-ranked universities have announced plans to add undergraduate places, with new slots directed explicitly at artificial intelligence, integrated circuits, and biopharmaceuticals.
Credit card delinquency among Chinese youth has exceeded 11%, even as credit product penetration sits at 86.6%. A generation that adopted consumer credit rapidly is now actively retreating from it.
Tencent is leading a Chinese consortium buyback of Meta's stake in AI agent company Manus at a valuation of approximately $2 billion — the same price Meta paid in Q1 2026.