China flew its biggest-yet unmanned cargo aircraft designed for civilian use, as the world’s top drone-making nation steps up test flights of autonomous aerial vehicles (UAVs) that could ultimately …
Monthly Archives For August 2024
China’s gray economy unlocks potential amid more need for eldercare
In 2023, the size of China’s eldercare products market reached 5 trillion yuan. Meanwhile, there were more than 490,000 eldercare-related businesses in China at the end of 2023. Jack Wu, managing …
Kaisa, Times China prepare for new survival fight with creditors as winding-up cases resume
Troubles at Kaisa Group and Times China, which defaulted on US$15 billion of offshore debts, are in the spotlight again as the city’s High Court deliberates on hostile lawsuits from creditors.
China’s WeRide Seeks Up to $440 Million in US IPO, Placement
WeRide Inc., a Chinese self-driving automotive company, is seeking to raise as much as $440 million in a US initial public offering and concurrent private placement.
Beijing, John Lee laud ‘tenacious’, ‘enterprising’ Hong Kong Olympians as Paris Games close
Siobhan Haughey, Vivian Kong and Cheung Ka-long vividly interpreted the Lion Rock spirit and showed how the young generation work hard to pursue dreams, Beijing says Beijing and Hong Kong leader John Lee Ka-chiu have…
PhD student ditches phone for 5-month expedition across China: ‘People were shocked’
The student explained that having a mobile phone is often a distraction, so on his journey without one, he could focus on reading books or writing.
COVID-19 infections not problematic, experts say
The latest figures from the Chinese Center for Disease Control and Prevention show that fever departments nationwide saw the number of new infections fall from 125,000 on July 1 to 92,000 on July 31.
China’s bond market rattled as central bank squares off with bond bulls
China’s bond market, the world’s second largest, is on edge following a turbulent week in which the central bank started intervening heavily to stem a plunge in yields even as the economy is …
A branded house or a house of brands
But Anta and Li-Ning are not the only Chinese sportswear brands expanding in the global markets. Chinese brands such as Xstep, 361 Degrees, Peak Sports, Zhongqiao Sports, Hongxing Erke, Feiyue and …
Hong Kong’s fintech body eyes bigger plans in Greater Bay, stronger links with Shenzhen
The city’s fintech association wants to expand its programmes in the Greater Bay Area and strengthen ties with its Shenzhen counterpart, says newly appointed chair Lareina Wang.
China cracks down on bingeing food bloggers in a warning against waste
The CCP has already attempted to curtail the Mukbangs. In 2021, China imposed an anti-food waste law that prohibits food vloggers from making and distributing binge-eating videos online, with fines of up to 100,000 yuan…
China’s exports growth slows to 3-month low in July, but imports up solidly
China’s exports grew at their slowest pace in three months in July, missing expectations and adding to concerns about the outlook for the nation’s vast manufacturing sector even as imports swung back …
China Tower signs IoT monitoring deals with China Telecom, Unicom
Chinese telecoms infrastructure firm China Tower says it has renewed multi-year framework deals with China Telecom and China Unicom to prepare for an expected surge in demand for IoT monitoring data …
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