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Shein receives approval for Hong Kong IPO from Chinese regulators Beijing clears the online retail giant to seek an initial public offering in Hong Kong, after its plans to float in London and New York hit a dead end Online retail giant Shein Global Holdings has secured approval

Top Chinese political journal calls for ‘patient capital’ amid AI investment frenzy Communist Party journal runs three consecutive commentaries encouraging long-term perspective in funding for technological innovation The top theoretical journal of China’s ruling Communist Party

China fines 4 internet celebrities US$1.9m over tax evasion involving e-commerce sales In some cases, popular live-streamers with online stores and millions of fans paid taxes as low as a few hundred yuan, authorities say Chinese authorities have fined four internet celebrities 1

China issues temporary ban on helium exports as Iran war weighs on chip supply chain The ban on shipments of the gas, a crucial raw material in semiconductors and other sectors, comes as Middle East conflict strains global supplies China has imposed a temporary ban on exports of

Beijing’s evolving carbon road map balances climate targets and energy security State Council’s new plan prioritises nuclear and renewable growth to balance surging AI power demand, with climate pledges and aims to overhaul industrial sectors Beijing has signalled unyielding conv

Trade frictions spread as EU launches anti-dumping probe into imports of Chinese ducks Five European duck producers allege that Chinese counterparts exporting Pekin ducks benefit from state subsidies, cheap feed and other policy support Trade frictions between China and the Europ

China restricts low-altitude aviation near Beijing after building strike: analyst Additional screenings now required for pilots to access parts of the capital, affecting mountain tours and Great Wall flights, industry insider says The regulatory move affected crewed aircraft near

Chinese firms look to strike gold in a volatile global metals market Futures brokerages and exchanges aim to grow their market footprint and offer more efficient hedging tools in the global commodity market Chinese futures brokerages and exchanges are ramping up their global expa

China aims to revive physical stores, make them ‘immersive’, as shield against e-commerce Beijing’s new 2030 retail road map targets price parity and social experiences to combat ‘trading down’ as retail growth hits weakest pace since pandemic With retail sales growth cooling in

China’s central bank vows flexible approach as it acknowledges uneven economic picture PBOC pledges ‘moderately loose’ monetary policy given a ‘more complex and volatile’ environment and domestic ‘structural divergence’ China’s central bank pledged to maintain a “moderately loose

China’s factory gate prices rise in June during brief Iran war respite The producer price index rose for a fourth month in a row amid a momentary ceasefire, though consumer price increases missed expectations China’s factory-gate prices continued to rise in June despite a tempora

How much does China invest abroad? US$174 billion keeps it world’s No 3 FDI source As China redraws global investment map, mainland firms use leading roles to secure critical supply chains with overseas plans China was the world’s third-largest source of foreign direct investment

Beijing seeks chip stability and fair market access during Dutch trade minister’s trip Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access Beijing has urged the Netherlands to

A healthy economy isn’t built on asset bubbles and debt pyramids A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis In the animated Soviet film The Golden Antelope, inspired by Indian folklore, a magical antel

Chinese city ‘sold’ same plot of land 18 times to inflate fiscal revenue: watchdog Central Commission for Discipline Inspection says Nanning used tactic to mask budget strains The party’s top anti-corruption watchdog said the tactic allowed the city government to artificially sho

Are the US’ AI models better than China’s? That may be beside the point Rather than fight US frontier AI control, China is thinning the margins of premium AI with cheap-enough, good-enough models for mass adoption Increasingly, the answer is China – because its air conditioners a

China targets 190 million inbound travellers, more global influence in 2030 plan Inbound tourism has grown since late 2023, when China began expanding its visa-free entry scheme to cover an additional 50 countries China aims to attract 190 million international visitors by 2030 –

Gao Shanwen, economist who mapped China’s structural shift, dies at 55 after cancer fight During a career mapping property markets and credit cycles, the widely watched market commentator questioned official GDP figures Gao Shanwen, one of China’s most influential economists, who

EU imposes anti-dumping measures on Chinese tyre firms The bloc says that pricing by the companies had created ‘economically non-viable’ conditions for its local firms The EU will impose definitive anti-dumping duties of up to 45.3 per cent on Chinese car and light lorry tyres fr

Could Canada use Chinese electric vehicle firms to reboot its auto manufacturing? Potential buyers of Chinese EVs are unsure how long it will take for imports to reach Canadian dealerships Following a January deal on Chinese electric vehicles (EVs) makers’ imports into Canada, th

China has potential to become world’s largest consumer market by 2041, policy adviser says The country’s share of global consumption could surpass 20 per cent over the next decade or so, becoming a critical economic anchor for Hong Kong, analyst says Mainland China, already a man

Europe could prosper as China’s trade ally rather than adversary Europe missed its chance to make trade with China a win-win for both sides. It’s now opting for a trade war it’s unlikely to win altogether Comparing current trade tensions between the European Union and China with

Glass crashes slashed? Ant Group embodied AI unit claims breakthrough in robot sensing New perception model for embodied AI surpasses dominant rival from Meta Platforms at smaller scale with less training, firm claims It was the first model of its kind trained specifically to rec

China’s excavator exports surge 33% in first half as industry pivots to electric power Earlier this year, Sany debuted a pure electric excavator with an operating range of up to 10 hours Exports of China-made excavators and other heavy machinery saw robust growth in the first hal

Dutch trade minister in China for high-stakes talks on tech war, tariff tensions Minister is accompanied by representatives from 17 Dutch companies from sectors including logistics, agriculture and hi-tech Dutch Trade Minister Sjoerd Sjoerdsma departed for China on Monday for a h

Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent Shares of Kuaishou Technology plunged 12 per cent on Tuesday after Tencent Holdings slashed its stake in th

Talk of US-China decoupling is getting loud – but neither side is ready for a clean break Though relations have turned frosty, analysts said US-China economic ties are too extensive to unwind completely – with dependencies on both sides As the United States marks the 250th annive

Alibaba wins reprieve on US lobbying after Pentagon blacklisted companies Ruling gives Chinese firm temporary relief in closely watched legal battle that could decide whether Pentagon blacklist is legitimate A judge in the Northern District of California on Sunday ordered the Dep

Why China took over Zhongbang Bank – and what it says about hidden financial stress Regulators intervened over concerns of aggressive expansion and credit risks, underscoring vulnerabilities in some smaller regional lenders Years of aggressive expansion and flawed corporate gover

Cabo Verde wows at World Cup – with an economic assist from China From boots to building a stadium, China played a vital role in helping the West African nation qualify for football’s biggest tournament As Cabo Verde lined up against Argentina in the biggest match in the tiny isl

EU should think twice before weaponising its market against China Market size and coercive leverage are not the same thing and the EU remains more dependent on China than policymakers think For much of the post-Cold-War era, the European Union understood economic interdependence

China’s latest nuclear reactor goes live, first in Greater Bay Area with Hualong One tech New reactor at Taipingling Nuclear Power Plant launches as Guangdong sees a growing number of reactors built across the province China’s domestic design is fuelling a nuclear reactor-buildin

China’s EV deliveries remain stuck in downward spiral, exacerbating industry worries About 1 million electric or hybrid vehicles were delivered to customers in China in June, down 7 per cent year on year A total of 1.04 million pure electric and plug-in hybrid cars were handed to

China memory module giant’s first-half profit set to jump more than 600-fold Longsys says net profit could reach up to 11 billion yuan, as strong demand and tight global wafer supply lift the downstream memory sector Shenzhen Longsys Electronics said on Friday evening that the ne

ByteDance and Alibaba to disable humanlike AI custom agents as new rules loom With Beijing’s rules on humanlike AI interaction services taking effect on July 15, Doubao and Qwen move to disable customised features Both apps had offered a pool of agents, created by both the compan

Why is a Chinese-made portable AC selling out across heat-stricken Europe? Popularity of Midea’s PortaSplit fuels resale mark-ups and expedited shipping as renters favour plug-and-play cooling amid installation barriers Amid weeks of intense heat across Europe, a niche Chinese ai

Blaming China won’t bring jobs back to ‘post-industrial’ economies After decades of hollowing out their manufacturing bases, Western and Japanese policymakers can and should do more than bewail China’s rise For decades, the US, much of Europe and even Japan, long proud of its man

Further to fly? Proposed rule change would boost Shenzhen’s aviation ambitions Shenzhen Baoan Airport could add more routes as China’s aviation regulator considers easing requirements for intercontinental flights Shenzhen is poised to get a big boost to its aviation hub ambitions

China’s ByteDance discovers new scaling law that could sustain AI boom Researchers at the Chinese tech giant have been analysing how fast AI agents can improve by performing real-world tasks In a research paper published on Thursday, ByteDance’s Seed AI team revealed that AI agen

China to scrap tax breaks for NEVs and energy-saving vehicles from 2027 Announcement by central government ministries extends the withdrawal of incentives for new-energy vehicles and energy-saving cars The Ministry of Finance, the State Taxation Administration and the Ministry of

Alibaba bans staff from using Claude Code over Anthropic spyware concerns The Chinese tech giant has listed Claude Code as ‘high-risk’ software, after discovering Anthropic had tracked Chinese users using hidden code Alibaba Group Holding has banned its employees from using Anthr

China unveils recycling push to bolster resource security and shore up green transition The nation seeks to narrow the gap with regional peers such as Japan and South Korea by establishing a more comprehensive, granular recycling infrastructure China has called for expanding its

AI skills required for 4 out of 10 graduate jobs in China, says recruitment portal University of Hong Kong professors say ‘messy jobs’ that span multiple tasks more immune to challenges posed by technology Chinese companies are seeking more fresh university graduates with backgro

Alibaba’s Elements Claw AI agent unearths 4 new superconductors Damo Academy unveils an AI agent able to discover superconductors, which could revolutionise scientific materials research and innovation Alibaba Group Holding’s Damo Academy has unveiled what it calls the industry’s

Advertisement China’s BYD surpasses Tesla to regain lead in global EV race The electric vehicle manufacturer has retaken the crown after pulling ahead in overseas shipments 2-MIN READ2-MIN Listen Daniel Renin Shanghai China’s electric vehicle (EV) king BYD has leapfrogged once mo