Gaorong Ventures has invested $30 million in the operator of Hong Kong’s biggest licensed crypto exchange, a rare example of a Chinese venture powerhouse dabbling into the $3 trillion digital asset …
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Typhoon Dolphin’s vast storm system pushes inland, threatens central China
Torrential rain in the air for Beijing
Beijing braces for one-third of its annual rainfall over next 24 hours
100 days to APEC: Shenzhen’s green choices applauded
How technology boosts Beijing’s air pollution governance
CNBC’s The China Connection newsletter: ‘Spider-Man’ and ‘The Odyssey’ come courting the massive filmgoer market
What we know about China’s moon-landing plans and why the US is so worried
Recent Posts
China’s Gaorong Ventures Invests $30 Million in Crypto Unicorn
Xi Jinping Assembles Jack Ma, Pony Ma, and Other Big Tech Leaders to Revive China’s Private Sector
A group of leading Chinese tech executives are set to attend a meeting with Chinese President Xi Jinping. The meeting will attempt to build confidence …
FACTBOX China’s AI firms take spotlight with deals, low-cost models
Alibaba’s announcement this week that it will partner with Apple to support iPhones’ artificial intelligence services offering in China has again thrust the spotlight on the country’s AI industry on …
China’s DeepSeek is redefining the data center market
CNBC projected that the emergence of cheaper AI models from China could increase the demand for data centers. Analysts reportedly tilted their forecasts after DeepSeek’s launch, anticipating immediate …
China gets another bubble tea billionaire with Good me operator’s IPO
Wang Yun’an, founder of beverage chain Good me, has become China’s latest “bubble tea billionaire” with a net worth of $1.2 billion after an initial public offering (IPO).
Nvidia cuts stake in Arm Holdings, invests in China’s WeRide
Nvidia reduced its stake in British chip firm Arm Holdings by about 44% and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter, a regulatory filing showed on Friday. The Santa…
America’s rivalry with China will intensify, but must not escalate into war, writes Nicholas Burns
China and America are also waging a bitter battle of ideas. China defends authoritarianism, whereas America, at least until now, has championed democracy and the rule of law. This battle, which includes what those two…
China’s Record Month for Bank Loans Fails to Ignite Credit Cycle
China’s credit expansion picked up far more than expected in January from a year ago, even as a record jump in new bank loans failed to reverse an entrenched slowdown in demand for financing.
China Has Record Foreign Investment Outflow as $168 Billion Exit
China saw record outflows of foreign direct investment last year, an exodus that threatens to persist after the resumption of a trade war with the US.
Trump closed the ‘de minimis’ import loophole ‒ until all hell broke loose
Days after U.S. President Donald Trump ended duty-free entry for cheap Chinese goods entering the U.S., his administration put the order on hold after more than a million packages piled up at New York …
China’s property loan contraction eases after government support
China’s outstanding property loans were down 0.2% at the end of the fourth quarter, less than the prior year’s 1% decline, central bank data showed on Friday, indicating government efforts to bolster …
Shipments of foreign-branded phones in China up 0.6% y/y in December, says CAICT
Shipments of foreign-branded smartphones, including Apple Inc’s iPhone, in China rose 0.6% in December year-on-year, according to data released on Friday by a government-affiliated research firm.
Philippines voices concern over China-Australia air encounter in South China Sea
The Philippine foreign ministry said on Friday it was “concerned” over what it described as “unsafe manoeuvres” and the use of flares by a Chinese air force plane against an Australian Air Force …
