The punchy, direct-to-consumer brand was founded in 2018 by Jing Gao, promising to bring a “not traditional, but personal” taste of her hometown of Chengdu to American audiences, with products like …
BUSINESS
I tested Manus, China’s ‘fully autonomous’ AI agent. It’s promising — but not ready to go solo yet.
Manus structured tasks well but stumbled in execution, hallucinating data and creating clunky designs.
BlackRock to appoint Yu Beihua as new China fund chief, sources say
BlackRock has hired Yu Beihua, formerly head of AXA’s China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S. asset manager continues…
Trade quarrels to boost Russia-China agricultural trade, lobbies and analysts say
China is expected to step up imports of agricultural products from Russia in response to growing trade conflict with the U.S. and Canada, with trade in peas set to be one of the first to…
Want to get married or have kids? In China, that is no longer your employer’s business.
Female job applicants in China, which is trying to raise its birthrate, have long been discriminated against by employers who ask about their marriage and childbearing plans.
Walmart and China spar as big-box retailer asks suppliers to slash prices
Chinese officials met with Walmart after the world’s largest retailer reportedly asked Chinese suppliers to lower their prices by at least 10% to offset the Trump tariffs.
Chinese Regulators Signal Return to IPOs of Unprofitable High-Tech Startups
An executive from an equity investment institution predicted that China could see between 150 and 200 IPOs this year, reversing the downturn of 100 new stocks in 2024. Last year, startups raised CNY67 …
BlackRock to appoint Yu Peihua as new China fund chief, sources say
BlackRock has hired Yu Beihua, formerly head of AXA’s China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S. asset manager continues…
China’s economy still dealing with crippling deflation amid rumors of a trade deal with Trump
China is stuck in its longest deflation crisis in decades, and the numbers keep getting worse. Prices across the country have been falling for two straight years, and analysts say 2025 could be the …
China vows to take ‘all necessary measures’ after imposition of latest US tariffs
China said it would take “all necessary measures” to protect its interests in response to new US tariffs of 25 per cent on global steel and aluminium imports. Chinese foreign ministry spokeswoman Mao …
Richard Teng Says UAE Got It Right on Crypto Rules as Abu Dhabi Pours $2B Into Binance
Binance CEO Richard Teng said the Middle East is leading the global crypto regulatory race with a comprehensive framework. His remarks came a day after …
Commentary: China wants the private sector to drive growth again, but trust can’t be rebuilt overnight
After years of cracking down on “barbaric growth of capital” in the private sector, China is wooing entrepreneurs again. Is it too little too late? Former SCMP editor-in-chief Wang Xiangwei weighs in.
China develops new high-protein corn to replace foreign soybeans
The new varieties could be used as a substitute for soybeans in animal feed, reducing China’s grain imports by millions of tonnes.
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