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What CXMT must do to grow global memory market share and build on its surge: analysts Company’s wafer expansion and AI demand could lift its DRAM share and more than double the stock’s value, analysts say The listing of CXMT, the country’s top maker of DRAM chips, sparked investo

China condemns US over new Section 301 tariffs – but holds off on retaliation Beijing also rejects allegations that Chinese companies trained local AI models on American systems China’s Ministry of Commerce has objected to Washington’s latest tariff on the country’s goods but sig

China’s private-sector split widens as tech rises, traditional sectors struggle: survey Most entrepreneurs polled cite problematic payment delays and intense competition, even as AI, semiconductors and advanced materials lift profits Many of China’s private firms continue to face

China’s ‘K-shaped’ economy is divided not just by sector, but geography The divide between China’s booming tech industry and struggling consumer sector has drawn attention. But regional disparities are also widening But a similar pattern is also taking shape geographically, with

China’s CXMT soars 466% on debut as DRAM maker becomes most valuable mainland-listed firm The DRAM maker saw debut turnover top 140 billion yuan, becoming the first mainland-listed stock to surpass 100 billion yuan in single-day trading ChangXin Memory Technologies (CXMT), China’

Open QuestionsNobel laureate Simon Johnson on the AI race and China’s ‘over-automation’ problem The Nobel Prize-winning economist discusses how AI is reshaping US-China competition – and poses unique challenges for both economies Simon Johnson is a professor of entrepreneurship a

Advertisement Opinion China’s secret weapon for funding its tech dreams: household savings The old chain of savings flowing into bank deposits is being replaced by one where they are sent into capital markets and tech investment 3-MIN READ3-MIN 1 Listen Professor Tan Kong Yam is

Lower profit margins set to foil Chinese carmakers’ price war plans despite falling sales Net earnings from the sale of a 100,000 yuan car now stand at just 1,500 yuan, according to China Association of Automobile Manufacturers Narrowing profit margins due to higher raw material

Price of parenting: the household maths giving China’s consumers pause Falling property wealth, job insecurity and sky-high childcare costs are forcing middle-class families to aggressively scale back consumer spending Qiu Huiying, a human resources manager in Guangdong, worries

4 ways Hong Kong can shape its future – and the world’s By focusing on its foundational and emerging strengths, as well as its global potential, the city can adapt to a world in flux As Hong Kong approaches the 30th anniversary of its return to China next year, it has an opportun

Apple’s biggest-ever leak happened in India. Will firms rethink their China relocations? In the wake of a cyberattack on a local Apple partner, insiders say India has a long way to go before challenging China as a manufacturer When Apple set its sights on India as its next promis

The West is debating AI’s future with half the world absent Any meaningful debate must include China, where the AI experiment is also running, at greater speed and scale and with different results We agree with every word. Then we scanned the signatory list. Four in five signator

Job fears in changing world make AI a hot subject at China’s vocational schools Tsinghua University study finds that nearly half of China’s vocational schools have rolled out introductory AI courses Five years after graduating from a vocational school in the southern Chinese tech

Investment with Chinese characteristics: how Beijing’s money is reshaping tech ventures China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation On the surface, China’s cutting-edge tech sector –

China makes offer to Indonesia, positioning itself for unique access to minerals: analyst Beijing may attempt to trade manufacturing assistance for access to Indonesia’s vast, export-restricted reserves China has offered to assist Indonesia in improving its manufacturing sector a

Huawei’s Ren Zhengfei backs Tau Scaling Law to beat US sanctions Company founder Ren Zhengfei says the new framework is crucial for survival, enabling chip advancements without EUV lithography “The Tau Scaling Law is the only path forward for Huawei to break the siege,” Ren said

Tencent fires WeChat manager after 7-figure bonus leaks online, sparks uproar Screenshots of the executive’s eye-watering compensation went viral on social media, which Tencent said caused a ‘severe negative impact’ Chinese tech giant Tencent Holdings has fired a manager at its W

Chinese energy giant opens new plant in South Korea as AI ambitions intensify power crisis The state-owned firm’s new project, independently managed by the company’s South Korean subsidiary, brings its number of power facilities in the country to five Chinese companies are deepen

Beijing to upgrade China-Europe Railway Express freight network and southern alternative Agreement to build first phase of a multifunctional terminal at Kuryk, a Kazakh port on the Caspian Sea, signed in Shanghai recently Beijing has pledged to upgrade the China-Europe Railway Ex

China adds 14 European entities to export control list, hitting back at EU sanctions Ministry of Commerce action follows a new round of EU sanctions on Russia that affected 14 firms from mainland China and Hong Kong China has added 14 entities from the European Union to its expor

How will China’s new high-speed rail line connect Shenzhen, Guangzhou and Hong Kong? New 350km/h route aims to reduce congestion while bridging city centres and aviation hubs, with an intended cross-border extension Planning for a second express rail link in southern China’s most

China’s personal income tax revenue soars 13% as top earners face tighter compliance Local authorities are turning to stricter tax enforcement to shore up mounting budget strains, even as broader income growth lags With China’s personal income tax revenue jumping more than 13 per

Shanghai to launch ‘choke point’ tech funds, relax pre-profit listing rules in key sectors The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market Shanghai is exploring dedicated fund

EU push to remove Huawei, other Chinese telecoms gear could cost US$46 billion: report GSMA Intelligence says move will cost up to US$46 billion, roughly three times more than European Commission has suggested Commissioned by seven European operator groups, including Deutsche Tel

Port of Shanghai targets Singapore, London in maritime push from busiest to best World’s busiest container hub is taking strides to challenge global rivals across the shipping ecosystem as Shanghai eyes high-value services Shanghai, already home to the world’s largest container p

Alibaba unit says 5-in-1 AI gives robots unified brain, body and limbs ABot framework addresses industry’s lack of a complete, self-evolving system to improve robot capabilities, according to Amap Alibaba Group Holding’s mapping unit has unveiled an upgrade to what it calls the w

China’s durian imports from Thailand and Malaysia soar as glut pressures growers Chinese imports of the pungent fruit have increased by 47 per cent in the first half of 2026, prompting a sharp decline in prices China’s durian imports rose 47 per cent, year on year, in the first h

China Unicom launches new Hong Kong-Cambodia cable link as mainland firms leverage city The project ties a high-speed data and information corridor running through Southeast Asia with Hong Kong A new state-of-the-art submarine cable, which will enable faster internet for Cambodia

China’s power grid no longer keeping pace with green energy capacity, study says Bottlenecks in wind and solar power may drag out the country’s reliance on coal China is building more wind and solar capacity than the rest of the world combined, but transmission bottlenecks risk p

China’s tycoons are restructuring their charitable donations. Where is that money going? One major driver of overall decline in corporate donations has been the prolonged slump in country’s real estate sector China’s tycoons have reined in their charitable donations amid weaker-t

What would 200% US tariffs on generic drugs mean for China’s pharmaceutical industry? Analysts say that China’s pivot from generics to innovative drugs means the industry is less exposed to US levies Despite Washington’s move to tighten policy on pharmaceutical trade with a fresh

Beijing vows to protect Chinese firms after EU hits Alibaba unit with fine Commerce officials decry “discriminatory” barriers as source says firm had hired several outside consultants to vet goods and curb counterfeits Beijing expressed “strong dissatisfaction and serious concern

Inspectors checking workers’ papers at Chinese carmaker BYD’s factory in Hungary: source Country’s new prime minister has launched an investigation into the Chinese electric vehicle giant’s investment in Hungary Authorities were focused on checking the papers of workers at the fa

Why China’s low-cost business model resists reform Even as the model outlives its usefulness, built-in incentives continue to stifle efforts to protect the rights and interests of workers China’s low-cost business model needs reform, but why has change been so difficult? The plan

China hit an oil and gas output record last year – why is Beijing warning of a squeeze? Beijing’s energy regulator has set more modest production targets this year after a record 2025 as mature fields deplete and extraction challenges mount China’s oil and gas sector is facing “e

Foreign carmakers lose more traction in China as luxury stronghold erodes Mercedes, Land Rover, BMW, Jaguar and Infiniti take further hit as consumers shun pricey, petrol-powered vehicles International luxury car brands from Mercedes-Benz to Land Rover took a further beating in C

How China is rolling out electric trucks at vast scale to boost net-zero push China wants at least 1.6 million electric heavy-goods vehicles on the road by 2030, as it pushes to decarbonise its vast road freight sector China is pushing to ensure that electric trucks account for a

Heat, hardware and high stakes at China’s World Artificial Intelligence Conference SCMP’s Ann Cao just finished covering her sixth WAIC in Shanghai, and is looking forward to the next one Traffic almost came to a standstill 2km (1.2 miles) from the Shanghai Expo Centre on Friday,

Advertisement Advertisement The state of China’s EV industry China’s electric vehicle (EV) industry sits at the centre of numerous economic and geopolitical trends: consumer spending, environmental protection, trade policy, high-end manufacturing, technology and more. In this sho

China’s policy playbook took its EV sector from zero to hero – can other countries follow? The global green shift is providing a way for emerging economies to catch up with global powerhouses, with help from China’s supply chain China’s electric vehicle (EV) industry sits at the

Why China is rapidly expanding its land trade routes to Central Asia Beijing is seeking to diversify its export channels as geopolitical tensions destabilise maritime trade hubs Last year, China became the largest trading partner of all the Central Asian countries for the first t

Another ‘DeepSeek moment’? What China’s Kimi K3 means for the global AI industry The new model from Moonshot AI has revived doubts over Silicon Valley’s cost-heavy strategy, but analysts expect demand for compute to keep rising Trillions of US dollars might rest on the answer, as

Zhipu shares surge 37% as firm builds giant data centre powered by Chinese chips The Chinese AI firm’s stock price has rebounded amid reports it has completed a 1-gigawatt computing centre using only domestic chips Meanwhile, the Beijing-based company had also completed the acqui

‘Clear signals’: Why China looks set to expand capital outflow channels As China’s trade surplus grows, signs point to Beijing broadening the opening-up of its capital account amid yuan internationalisation push “The bigger the surplus, the more outflows China can allow, leading