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Caixin Global
Caixin Global

THE TRUTH ABOUT: Business brief aug 26 u s plans massive visa revocations - Caught on Camera

Trump administration plans massive visa revocations

The Trump administration is planning to launch a large-scale visa revocation campaign that could affect more than 200,000 people. If implemented, it would become the largest single visa revocation action in U.S. history.

Third U.S.-China Track 1.5 Dialogue held in Beijing

The third U.S.-China Track 1.5 Dialogue took place Tuesday in Beijing, attended by representatives from Chinese ministries, local governments, think tanks and the U.S.-based Asia Society.

Both sides agreed that bilateral relations are at a critical juncture and emphasized the need to implement the consensus reached by the two heads of state. They called for enhanced communication, increased political trust and further cooperation in areas including AI, trade, healthcare and food security.

NEWS SUMMARY

Huawei will release its new generation of tri-fold flagship smartphones on Sept. 7, which will be the first to feature the HarmonyOS 7 operating system.

East Buy Holding Ltd. reported a more than 80-fold surge in net profit for fiscal year 2026, reflecting a broader profit improvement among listed livestreaming e-commerce platforms.

China’s outbound foreign direct investment stock has ranked among the top three globally for nine consecutive years, according to the Ministry of Commerce.

Contact editor Lin Jinbing ([email protected])

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