This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Philippines between November 11, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Philippine military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.

Note: the China Coast Guard (CCG) is part of the military, however Philippine Coast Guard (PCG) is not.

The resolution source for this market will be a consensus of credible reporting.

China x Philippines Clash

China x Philippines military clash before 2027?

This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Informal and unilateral announcements that do not constitute a finalized agreement will not count.

The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced.

Agreements that include the United States and China as parties, even if they also involve other countries, will qualify for resolution.

The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.

US x China Tariff Agreement?

US x China tariff agreement by December 31?

This market will resolve according to the company that owns the model that has the highest arena rank among primarily Chinese companies, based on the Chatbot Arena LLM Leaderboard (https://lmarena.ai/) when the table under the "Leaderboard" tab is checked on July 31, 2026, 12:00 PM ET.

Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://lmarena.ai/leaderboard/text with style control off will be used to resolve this market.

Qualifying Chinese Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Meituan” would be ranked ahead of “Xiaomi”). This market will resolve based on the company that occupies first place under this ranking.

The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://lmarena.ai/. If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve based on another resolution source.

Alibaba

Z.ai

DeepSeek

Chinese AI #1

Best Chinese AI Company end of July?

This market will resolve to "Yes" if there is a military encounter between the military forces of China (People's Republic of China) and Japan between November 17, 2025, and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A "military encounter" is defined as any incident involving the use of force such as missile strikes, artillery fire, exchange of gunfire, or other forms of direct military engagement between Chinese and Japanese military forces. Non-violent actions, such as warning shots, artillery fire into uninhabited areas, or missile launches that land in territorial waters or pass through airspace, will not qualify for a "Yes" resolution. Intentional ship ramming that results in significant damage to (e.g., a hole in the hull) or the sinking of a military ship by another will count toward a "Yes" resolution, however minor damage (scrapes, dents) will not.

Note: the China Coast Guard (CCG) is part of the military, however Japan Coast Guard (JCG) is not.

The resolution source for this market will be a consensus of credible reporting.

China x Japan military clash before 2027?

This market will resolve according to China's Y/Y Growth Rate (%) of Gross Domestic Product (GDP) in the "Preliminary Accounting Results of GDP" release for Q2 of 2026, scheduled for July 16, 2026.

The GDP release will be made available here: https://www.stats.gov.cn/english/PressRelease/

If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket.

If no data for the specified quarter is released by the date the next quarter's data is scheduled to be released, this market will resolve based on data from the last available quarter.

Note: data from the initial release of the referenced GDP report is what will be used to resolve this market. Data may be revised during the following quarter or as a part of the next estimate's publication, however any revisions to GDP report data made after the initial release will not be considered for this market's resolution.

For the full release schedule, see: https://www.stats.gov.cn/english/PressRelease/ReleaseCalendar/202512/t20251226_1962154.html

4.6-4.9%

4.3-4.6%

4.9-5.2%

China GDP

China GDP growth (Y/Y) in Q2 2026?

This market will resolve to "Yes" if China (People's Republic of China) announces it has established or otherwise de facto establishes an aerial or naval blockade for the territory of Taiwan (Republic of China) by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

A qualifying blockade is:
- Prevents the normal ingress or egress of foreign commercial traffic to or from Taiwan Island’s main ports or airports by threat or use of force for ≥ 24 hours.
- Covers part or whole of the main island of Taiwan (Formosa).
- Is declared and enforced, de facto (e.g., it is established that China is blocking a significant portion of foreign commercial traffic, as described above, by a wide consensus of credible reporting regardless of whether China has issued a statement or not), or China-issued navigation/airspace prohibitions covering Taiwan's main island's approach lanes that are actively enforced so that most foreign commercial access is denied.

A qualifying blockade is not:
- Military or naval exercises or drills (established with warning areas or NOTAMs that do not actively stop third-country ships/aircraft and do not materially deny access).
- Purely economic or coercive measures (e.g., sanctions, customs delays, fishing bans, cyber/GPS jamming) without physical interdiction or enforced closure).
- Weather/accident-related closures or voluntary rerouting by operators absent PRC enforcement.
- Islet-only incidents that do not involve the main island of Taiwan.
- Seizure or inspection of a single vessel/aircraft by itself, unless part of an enforced pattern that denies access as defined above.

The resolution source for this market will be a broad consensus of credible reporting.

Taiwan blockade

Will China blockade Taiwan in 2026?

This is a market about the variation of consumer prices in China over the 12-month period ending December 2026, as reported by the National Bureau of Statistics (NBS) of China.

This market will resolve according to the percentage change in the Consumer Price Index (CPI) during the 12-month period ending December 2026 according to the monthly NBS report.

The resolution source for this market will be the NBS Consumer Price Index monthly report released for December 2026 (https://www.stats.gov.cn/english/PressRelease/), currently expected to be released in January 2027. Resolution of this market will take place upon release of the aforementioned data. If no data for the specified month is released by the date the next month's data is scheduled to be released, this market will resolve based on data from the last available month.

You can find the relevant figure by locating the report for December 2026 on the Press Releases page (see: https://www.stats.gov.cn/english/PressRelease/), locating the table named "Consumer Price Indexes in December 2026", and finding the consumer price index figure in the column labeled "Growth Rate Y/Y (%)".

Note: the resolution source for this market will be the official monthly NBS CPI news release which reports inflation during 12-month periods to only one decimal point (e.g. 1.9%). Thus, this is the level of precision that will be used when resolving the market. For the full release schedule, see: https://www.stats.gov.cn/english/PressRelease/ReleaseCalendar/

0.6 – 1.0%

1.1 – 1.5%

1.6 – 2.0%

China Annual Inflation 2026


This market will resolve to "Yes" if Jimmy Lai is released from custody by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

If Lai is released but remains under house arrest, the market will still resolve to "Yes".

If Lai is released on parole, bond, or any other condition that results in them leaving state custody, the market will resolve to "Yes".

Transporting Lai to another location of custody (e.g., a different prison, court, or hospital within the correctional system) will not suffice to resolve this market to "Yes". Extradition of Lai to another country where he remains in custody will also not count.

Temporary outings from prison for purposes such as testifying in court, while still under the custody of correctional authorities, will not count as a release.

The primary resolution source for this market will be official information from relevant government authorities or corrections departments; however, a consensus of credible reporting may also be used.


This market will resolve to "Yes" if Jimmy Lai is released from custody by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

If Lai is released but remains under house arrest, the market will still resolve to "Yes".

If Lai is released on parole, bond, or any other condition that results in them leaving state custody, the market will resolve to "Yes".

Transporting Lai to another location of custody (e.g., a different prison, court, or hospital within the correctional system) will not suffice to resolve this market to "Yes". Extradition of Lai to another country where he remains in custody will also not count.

Temporary outings from prison for purposes such as testifying in court, while still under the custody of correctional authorities, will not count as a release.

The primary resolution source for this market will be official information from relevant government authorities or corrections departments; however, a consensus of credible reporting may also be used.


December 31, 2026

June 30, 2026

Jimmy Lai released by...?

This market will resolve to "Yes" if freestyle skier Eileen Gu's U.S. citizenship is officially rescinded by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

The primary resolution sources will be information from the government of the United States, however a consensus of credible reporting will also be used.

 Eileen Gu citizenship revoked ?

This market will resolve to "Yes" if the government of the People's Republic of China (PRC) explicitly announces that Chinese citizens will be allowed to legally buy Bitcoin with yuan (renminbi) from inside China by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".

For this market to resolve to "Yes" it is only necessary that the PRC announces this change will take place. Whether it actually does will have no bearing on the resolution of this market.

The primary resolution source for this market will be official information from the PRC, however a consensus of credible reporting will also be used.

Will China unban Bitcoin by 2027?

This market will resolve to "Yes" if an official agreement over tariffs, defined as a publicly announced mutual agreement, is reached between the United States and China between market creation and July 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

If such an agreement is officially reached before the resolution date, this market will resolve to "Yes", regardless of if/when the agreement goes into effect.

Informal and unilateral announcements which do not constitute a finalized agreement will not count.

The publicly announced lowering of tariffs by both China and the U.S. will qualify as a mutual agreement over trade and/or tariffs if confirmed as part of a mutual agreement by an overwhelming consensus of credible reporting, even if a formal agreement isn’t mutually announced.

Agreements that include the United States and China as parties, even if they also involve other countries will qualify for resolution.

The primary resolution source for this market will be an official announcement by the United States and the People's Republic of China, however an overwhelming consensus of credible reporting confirming an agreement has been reached will also qualify.

US x China tariff agreement by July 31?

This market will resolve to “Yes” if Lai Ching-te ceases to be President of Taiwan for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.

An announcement of Lai Ching-te's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.

If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.

The resolution source for this market will be official information from Lai Ching-te and the government of Taiwan; however, a consensus of credible reporting may also be used.

Lai Ching-te out as President of Taiwan by December 31, 2026?

According to the Financial Times, Apple has sought U.S. government approval to purchase memory chips from ChangXin Memory Technologies (CXMT). You can read more about that here: https://www.ft.com/content/d72a25e2-7bde-4aa9-bd8d-0c4f3d6cb2cb?syn-25a6b1a6=1.

This market will resolve to "Yes" if Apple or an official representative of the company announces that it will use, purchase, or source memory chips from CXMT by December 31, 2026 ET. Otherwise, this market will resolve to "No".

A qualifying announcement made within this market’s timeframe will suffice for a "Yes" resolution regardless of whether or when CXMT subsequently supplies Apple.

This market will also resolve to "Yes" if it is otherwise confirmed that Apple purchased, agreed to purchase, entered into a supply agreement for, or began sourcing any products or components from CXMT by December 31, 2026, 11:59 PM ET.

The primary resolution source for this market will be official information from Apple and/or its official representative; however, a consensus of credible reporting will also be used.

Will Apple purchase CXMT memory chips in 2026?

This market will resolve to "Yes" if a Chinese company owns the model that has the highest arena score, based on the Chatbot Arena LLM Leaderboard (https://lmarena.ai/) when the table under the "Leaderboard" tab is checked at any point between market creation and December 31, 2026, 11:59 PM ET.

Results from the "Score" column under the "Text Arena | Overall" Leaderboard tab at https://lmarena.ai/leaderboard/text with style control off will be used to resolve this market.

Chinese Companies include but are not limited to Alibaba, ByteDance, Baidu, Moonshot, Z.ai, DeepSeek, Meituan, Xiaomi, StepFun, Tencent, and MiniMax. Companies not headquartered in China or not primarily owned or operating within the Chinese technology ecosystem are not considered primarily Chinese.

Models will be ranked by their arena score at the market’s check time. This market resolves to “Yes” only if a Chinese company’s model holds a strictly higher score than all others; ties will not qualify.

The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://lmarena.ai/. If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve based on another resolution source.

December 31

Will a Chinese company have the best AI model by December 31?

This market resolves "Yes" if the US federal government passes legislation, issues an executive order, issues an export control, or takes any other formal action that directly has the effect of generally removing public access within the US to a major Chinese AI model, between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market resolves "No".

A qualifying action is a formal US government action that has the effect of a removal of general public access to a previously publicly available AI model within the US. Such an action qualifies, regardless of its stated purpose or nominal target. An action directed at other parties qualifies if, in effect, it causes a general removal of public access to the model within the US (e.g., a ban on the provision of a model to foreign citizens or governments would qualify if, due to the ban, the providing company generally removed public access to the model within the US). A general removal of public access to a qualifying model qualifies even if it does not apply to limited groups or organizations (e.g., whitelisted firms or individuals with security clearance). To qualify, ordinary public access to the model must be eliminated across ordinary public channels within the US; removal from a single channel is not sufficient. Removals of general public access not caused by any formal US government action will not qualify.

"Major Chinese AI model" refers to a flagship, general-purpose large language or multimodal foundation model developed by one of the following companies: DeepSeek, Baidu (ERNIE), Alibaba, ByteDance, Moonshot AI, MiniMax, Tencent (Hunyuan) and Zhipu AI (Z.ai). Narrow or special-purpose models (e.g., embedding, moderation, or single-modality media generation models) and deprecated, research-only, or preview-only models will not qualify. 

The action may target a single model or a slate of models, so long as at least one major Chinese AI model is generally removed from public access within the US as a result of the action.

The removal of access for any amount of time qualifies. An action that has been enacted or issued, but which has not effected the removal of general public access to a major Chinese model by the resolution date, will not qualify.

The resolution source for this market is official information and announcements from the United States government and the relevant AI company. However, a consensus of credible reporting may also be used.


US Government removes public access to a major Chinese AI model in 2026?

This market will resolve according to the first change made to the People’s Bank of China (PBoC) 7-day reverse repo rate between market creation and September 30, 2026, 11:59 PM China Standard Time (CST).

An “increase” refers to any change in the 7-day reverse repo rate to a level higher than the most recent effective 7-day reverse repo rate.

A “decrease” refers to any change in the 7-day reverse repo rate to a level lower than the most recent effective 7-day reverse repo rate.

If the People’s Bank of China does not change the 7-day reverse repo rate by September 30, 2026, 11:59 PM China Standard Time, this market will resolve to the “No Change” bracket.

An official announcement of a change to the PBoC 7-day Reverse Repo Rate within this market’s timeframe will be sufficient to resolve this market, regardless of when the rate change is stated to go into effect.

The primary resolution source for this market will be official information from the People’s Bank of China, including PBoC Open Market Operations announcements (https://www.pbc.gov.cn/en/3688110/3688181/index.html); however, a consensus of credible reporting on a change to the 7-day reverse repo rate may also be used.

No Change

Decrease

Increase

People's Bank of China

People's Bank of China rate change by September 30?

On January 24, President Trump announced that the United States would apply a 100% tariff to all imports from Canada if a trade deal with China goes through. (see: https://www.reuters.com/world/china/trump-threatens-canada-with-100-tariff-over-possible-deal-with-china-2026-01-24/).

This market will resolve to “Yes” if an increase in the general tariff rate on imports into the United States from Canada goes into effect for any amount of time by June 30, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. 

For the purpose of this market, "goes into effect" means the start date of the tariffs (as set by legislation or executive action) must have passed without being further delayed or suspended. Only tariffs which are in effect will qualify. Tariffs which are paused, or which have been announced but not yet gone into effect will not be considered.

Only tariffs specifically targeting Canada will qualify. For example, a new global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution.

The general tariff rate refers to the base tariff rate paid on imports, including any general tariff the U.S. imposes on all imports (e.g. a 10% tariff on all U.S. imports and a 50% tariff on top of that on Canadian imports would equal a 60% tariff). Item specific exceptions will not be considered (i.e. this market does not refer to the effective tariff rate). For the purpose of this market, an increase in the general tariff rate is defined as a rate greater than the rate in effect at the time of this market's creation.

A general tariff that includes item specific exceptions will still qualify, as long as a policy of a general tariff on all imports into the United States from Canada is in effect which is greater than the policy in effect at the time of this market's creation.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.

On January 24, President Trump announced that the United States would apply a 100% tariff to all imports from Canada if a trade deal with China goes through. (see: https://www.reuters.com/world/china/trump-threatens-canada-with-100-tariff-over-possible-deal-with-china-2026-01-24/).

This market will resolve to “Yes” if an increase in the general tariff rate on imports into the United States from Canada goes into effect for any amount of time by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. 

For the purpose of this market, "goes into effect" means the start date of the tariffs (as set by legislation or executive action) must have passed without being further delayed or suspended. Only tariffs which are in effect will qualify. Tariffs which are paused, or which have been announced but not yet gone into effect will not be considered.

Only tariffs specifically targeting Canada will qualify. For example, a new global tariff (tariffs on all imports into the U.S.) will not count toward this market's resolution.

The general tariff rate refers to the base tariff rate paid on imports, including any general tariff the U.S. imposes on all imports (e.g. a 10% tariff on all U.S. imports and a 50% tariff on top of that on Canadian imports would equal a 60% tariff). Item specific exceptions will not be considered (i.e. this market does not refer to the effective tariff rate). For the purpose of this market, an increase in the general tariff rate is defined as a rate greater than the rate in effect at the time of this market's creation.

A general tariff that includes item specific exceptions will still qualify, as long as a policy of a general tariff on all imports into the United States from Canada is in effect which is greater than the policy in effect at the time of this market's creation.

This market's primary resolution source will be official information from the Trump administration; however, a consensus of credible information will also be used.