Key tools China introduced last year to stabilise the property market are making very little impact, pressuring Beijing to find new solutions for the crisis-hit sector, which analysts say must involve …
Monthly Archives For February 2025
Shenzhen Futian launches its first cohort of 70 DeepSeek-powered AI ‘employees’
Following the launch of DeepSeek, the Futian District Government in Shenzhen, China, has pioneered the deployment of its first cohort of 70 AI digital ‘employees’ to assist with administrative tasks …
Huawei founder told Xi China’s concerns about lack of chips have eased, state media says
Huawei’s founder told Xi Jinping at a meeting the Chinese president held with private sector entrepreneurs that concerns China had about a lack of homegrown chips or operating systems had eased, …
What does Jack Ma’s return to the spotlight in China mean?
A meeting between Chinese president Xi Jinping and some of the country’s foremost business leaders this week has fuelled excitement and speculation, after Alibaba founder Jack Ma was pictured at the …
Chinese team finds new bat coronavirus that could infect humans via same route as Covid
Research was led by Shi Zhengli, a virologist known as the ‘batwoman’, who is best known for her work on coronaviruses at a lab in Wuhan.
Businesses weigh the cost of moving supply chains out of China as Trump’s new tariff takes effect
The Trump administration’s tariffs on goods imported from China have left businesses wondering if they should move their supply chains elsewhere.
US Treasury Secretary Bessent to hold first call with China counterpart on Friday
Bessent said one message will be that ‘we really want to put a stop’ to the inflow of precursor ingredients for fentanyl from China.
How Trump’s First Trade War With China Gave Rise to New Targets
As Donald Trump unleashes round two of his trade wars, an analysis of the way global commerce has rewired since his first presidency shows how Vietnam, Mexico and Canada are exposed this time around …
Chinese Bubble Tea Chain Mixue Aims to Raise $443 Million in Hong Kong IPO
(Reuters) – China’s largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public offering, according to a regulatory filing made …
China backs ‘recent consensus’ reached by US, Russia on Ukraine war, minister says
Chinese Foreign Minister Wang Yi on Thursday told a Group of 20 meeting in South Africa that “China supports all efforts conducive to peace (in Ukraine), including the recent consensus achieved by the …
AI Atlantis revealed off the coast of China, reportedly boasting computational power equivalent to 30,000 high-end gaming PCs
I don’t know about you, but sometimes when I hear about just what big business AI data centres are, and the eye-watering revenue it generates for companies like AMD, my first reaction remains, “OH, …
China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China.
Crocs predicts tariffs on Mexico, China imports would cost it millions in profits
Crocs executives predicted the company’s profits would dip in fiscal year 2025 as a result of the Trump administration’s increased tariffs on China, Mexico and Canada.