China Decode: Taiwan's Record Defense Budget, Evergrande's Life Sentence, and China's Robot Boom

Alice Han and James Kynge break down three major stories from China. First, Taiwan’s record $35 billion defense budget and the implications of large-scale military drills that incorporated U.S.-style command tactics for the first time. They also discuss the life sentence of Evergrande founder Hui Ka Yan for massive financial fraud — and why it doesn’t fix China’s still-struggling housing market. Finally, they examine China’s humanoid robot boom, where domestic companies dominate global shipments but questions swirl around whether demand is real or being propped up by circular financing.