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Wave of US tariff refunds flows back to Chinese firms, buoying profits by millions Five listed firms, operating mainly in automotive and healthcare sectors, disclosed payouts, as reversal of duties strains US customs revenue The wave of US tariff refunds is reaching Chinese compa

China set to compete with global drug giants in a decade, analysts say Amid systemic efficiency and a wave of innovation, the country’s biotech sector is expanding at a pace that has caught the market off guard Thanks to an efficiency edge that transcends simple cost advantages,

China completes first full test of canal link to Southeast Asia ahead of September launch Patrol vessel’s full run along Pinglu Canal moves megaproject closer to a planned September launch From Friday to Saturday, the Guangxi Maritime Safety Administration sent a patrol vessel to

How long can the AI memory price boom last? Research suggests not much longer AI demand is keeping supplies tight, but slower pricing momentum and expansion by CXMT and YMTC are raising questions over how long boom can last While data-centre spending continues to fuel appetite fo

Panda bond boom offers ‘historic’ yuan chance, but cheap funding not enough: Goldman Sachs Issuance of yuan-denominated debt surges, including in dim sum bond market, but sustained global use of yuan seen requiring broader access and stronger finance links China’s booming panda b

China’s top AI is still trained on Nvidia chips. What is delaying a switch to local tech? High transition costs are keeping AI developers in China reliant on Nvidia chips, industry sources say While domestic hardware continues to advance, changing chip architecture presents a ste

Reboot of Dayong Ancient City tests if China’s loss-making tourism projects can be revived A 150,000-visitor opening offers an early signal, but analysts warn that lasting cash flow will require stronger products, local culture and tighter operations In mid-July, Dayong Ancient C

How China’s brands are thriving in the US despite rising geopolitical tensions Chinese brands like Pop Mart are winning over American consumers by projecting a global image and targeting niche markets The Cry Me an Ocean plush toys sat as forlornly as their name implied inside th

China’s AI models spooked Wall Street. But they may turbocharge industry growth China’s open-weight models have led AI firms to slash prices, but they will also massively boost overall AI demand, analysts say Breakthroughs in cheap Chinese open-weight artificial intelligence mode

Smart planning, not panic, must guide Asia’s data centre buildout The spread of data centres in Asia does not seem to have sparked the kind of protests it has in the West, but good policies are needed to ensure that remains the case Across the United States, home to 37 per cent o

China’s factory-gate prices growth slows to 3.5% in July amid lower fuel prices Amid lower domestic fuel prices and weak domestic demand, the national consumer price index rose 0.5 per cent last month China’s factory-gate prices growth slowed in July, as lower domestic fuel price

In FocusFor China’s aspiring foreign workers, getting a job is only half the battle Beijing’s rigid visa points system and strict sponsorship rules frustrate young expats, but most are still undeterred in their job search Even as an undergraduate in his native Barcelona, Aitor kn

China’s viral ‘dream job’: tough labour market fuels rush for unconventional work A highly-coveted mountaintop gig has exposed the sobering economic realities facing young jobseekers When 22-year-old content creator Li Sichen beat nearly 3,600 applicants to become the first cloud

Visa-free entry, short flights fuel surge in weekend trips to China among South Koreans About 1.7 million South Koreans visited China in the first half of this year, up 16 per cent from the same period last year Kim Ji-soo wrapped up a visit to the coastal city of Qingdao in nort

Advertisement Opinion China’s brands must outgrow diaspora bubble to hit soft power potential Only through commercial independence and deep localisation can Chinese firms abroad forge a durable soft power that state policy can’t produce 3-MIN READ3-MIN 1 Listen China’s soft powe

Cambricon posts 108% surge in first-half revenue amid China’s massive AI chip drive The Chinese AI chip giant saw revenue reach 6 billion yuan in the first half of the year, as Beijing pushes to replace foreign hardware Chinese artificial intelligence (AI) chip giant Cambricon Te

China’s lab-grown diamonds get an AI boost as industry rides demand for chip cooling Exports surge in first half of year, as the superior heat dissipation of diamonds expands market beyond jewellery, positioning China for further growth Once overshadowed by natural diamonds in co

From EU compliance to export edge: China’s battery makers race for zero-carbon estates With the EU’s binding carbon cap taking effect as early as 2028, the route to compliance for Chinese firms could offer a long-term advantage Chinese battery makers are “piling into” zero-carbon

China’s trade surplus narrows in July as exports hold firm in strong tech cycle Import and export growth readings beat economists’ forecasts, driven by higher chip prices and a jump in tech shipments China’s exports continued to post solid growth in July, maintaining momentum des

Advertisement Next great harbour? China’s Greater Bay Area has tools to be a yacht hub: industry veteran Hong Kong’s maritime expertise, from finance to legal services, could help turn region’s potential into reality: yachting consultancy CEO 3-MIN READ3-MIN Listen Frank Chenin

In FocusChinese luxury brands rise from challengers to market shapers as global houses lose lustre A growing number of local brands are winning over premium consumers who prize craftsmanship, innovation and a high‑value sense of luxury After months of declining gold prices, Li Yu

Beijing investigates imported office equipment in response to US sanctions: why it matters Among Beijing’s countermeasures in response to the latest US sanctions, an investigation into imported printers and photocopiers stands out The move raises two questions: why does this matt

China needs a stronger yuan and ‘fiscal boost’ to drive near-term growth: Goldman Sachs Rebalancing economy and offsetting a record trade surplus requires targeted stimulus to counter growing global trade barriers, analysts say China should let its currency appreciate gradually t

China wasting large amounts of power as captured clean energy hits bottlenecks, report says All new electricity needs in China could have been met if the clean energy had been absorbed by the grid China wasted enough wind and solar power in the first half of this year to cover al

What caused a near miss between 2 jets near Tokyo – and what can China learn? The incident, which at one point saw only 20 metres separating the planes, offers lessons for Chinese regulators and operators, analysts say A near-miss on Tuesday involving an All Nippon Airways (ANA)

Chinese netizens mock US blacklisting of food brands over forced-labour claims The latest batch of Washington’s import restrictions – targeting snack firms – is creating quite a stir among China’s social media users A wave of disbelief has swept through Chinese social media. Comm

Advertisement Disputes over AI, robotics, trade mount ahead of planned Xi-Trump summit in US Tech and trade rifts and forced labour claims test US-China cooperation ahead of Xi Jinping’s planned visit to Washington in September 3-MIN READ3-MIN 1 Listen Sylvia Main Shanghai In th

Copper floods US as traders try to get the jump on Trump tariffs, but ‘Taco’ trend looms Traders ship more than 200,000 tonnes of the industrial metal into American ports in July to front-load anticipated levies, as fears of policy reversal persist IHS Markit shipping data showed

China’s AI revenue projected to reach US$13b on breakthroughs, adoption: Goldman Sachs Bank forecasts a sharp revenue surge after Chinese AI models slash costs, boost capabilities and capture global token share Goldman Sachs lifted projected year-end ARRs of Hong Kong-listed Zhip

Advertisement BreakingChina sanctions slew of US entities, heightens scrutiny on drone exports Ministry of Commerce announces set of measures in response to US sanctions 1-MIN READ1-MIN Sylvia Main Shanghai In response to a round of sanctions from Washington, China has restricted

Beijing decries ‘bullying’ US tech curbs that ensnare Chinese firms and products State mouthpiece warns that Washington’s bans on green energy and advanced manufacturing will backfire, while defending China’s open-source AI models A mouthpiece of China’s ruling Communist Party ha

Germany may be searching its supply chains for leverage on China. Will it find any? Although many analysts deem the search long overdue, they warn that German leverage would be both hard to implement and short-lived Officials in Berlin are reportedly mapping out industries where

Advertisement China’s Moonshot AI aims for US$50b round as year-end Hong Kong IPO targeted: sources Unicorn dismantles offshore structure to pave way for potential listing as investor appetite surges after release of Kimi K3 model 1-MIN READ1-MIN Listen Chinese unicorn Moonshot

Tencent ramps up overseas AI push with wider roll-out of flagship Hy3 model Hy3’s release is the first major update in Tencent’s AI strategy since former OpenAI researcher Yao Shunyu joined the Chinese tech giant On Wednesday, the Shenzhen-based technology giant rolled out Hy3 to

Advertisement Opinion China’s economic shift may hinge on what migrant workers do next Where migrant workers go, what sectors they serve and how many stay employed will shape whether productivity gains go beyond the most advanced sectors 3-MIN READ3-MIN 1 Listen Zongshuai Fan is

Top Huawei chip scientist opens up on strategy, ‘blind arrogance’ and his war-hero mindset In viral interview, Liao Heng talks navigating US curbs to make Ascend processors, placing innovation over nanometres for chip self-reliance When Liao Heng joined Huawei Technologies’ chip-

China’s first-of-its-kind boring and blasting rig boosts hard-rock tunnel digging by 30% Standard tunnel boring machines slow down in extremely hard or fractured mountain rock, which has led to delays in infrastructure projects China has developed the world’s first boring-and-bla

Project mBridge moves closer to broader commercial use amid cross-border digital yuan push China’s Project mBridge, the multilateral central bank digital currency platform, is moving closer to broader commercial adoption Progress in Project mBridge, the multilateral central bank

China accelerates nuclear roll-out with new reactor plans in energy-security push Beijing targets installed capacity of 110 gigawatts by 2030, aiming to surpass US capacity and achieve a 50 per cent non-fossil power mix Beijing has reaffirmed its 2030 nuclear-expansion target in

Iran war could still alter Beijing’s policy calculus: economist Mao Zhenhua says impact on China has been “small”, but it could focus policymakers’ minds on domestic economic woes With the US-Israel war on Iran entering its sixth month, Chinese policymakers have a multitude of qu

Ant Group’s embodied AI arm Robbyant kicks off external funding The division seeks US$222 million in the first round and could complete a second by year-end, according to domestic media reports Robbyant, the embodied artificial intelligence division of Ant Group, has begun seekin

China tightens chip-design protection and clarifies rights to spur innovation Revised rules sharpen penalties and expand rights, underscoring Beijing’s strategy to build resilience across semiconductor and AI ecosystem Premier Li Qiang signed a State Council decree to promulgate

China acknowledges ‘temperature gap’ between tech boom and traditional slump As a rapid shift towards cutting-edge tech threatens to leave ordinary citizens behind, a leading journal acknowledges the stark divide and calls to protect livelihoods A top theoretical journal of the C

High-altitude variant of China’s C919 jet completes first test flight in Shanghai Designed to service high-plateau airports, it has shorter fuselage, similar to offerings from Boeing and Airbus China’s first high-altitude variant of the C919 narrowbody jet has completed its maide

China’s tech giants race to put AI on delivery riders’ heads From safety features to hands-free voice tools, JD.com has become the latest platform to launch AI-integrated headwear Chinese e-commerce giant JD.com has launched an smart helmet for food couriers with features enabled