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.
Featured Posts Title
UK accuses China of using academics to spy on AI and other tech research
UK accuses China of operating institute as front for espionage
MI5: Group funded British research, gave it to China’s government
Trump-Xi China Deals Set Eight Goals. Military Safeguards Remain Incomplete
UK research funded by China front company being sent to Beijing’s spies, MI5 warns
China’s Biggest Stimulus Push Since 2024 Underwhelms Markets
Factory activity returns to expansion in a positive sign for China’s economy
Recent Posts
Commentary: China wants the private sector to drive growth again, but trust can’t be rebuilt overnight
China’s UBTech debuts US$41,000 humanoid robot in race to build cheaper machines
Standing at 1.7 metres, the Tien Kung Xingzhe can walk 10km per hour and navigate various terrains, including sand and snow.
China’s warning to Walmart on tariffs shows Beijing is worried about local businesses
Beijing’s meeting with Walmart underscores Chinese leaders’ concerns about the economy.
China’s commerce ministry meets with Walmart on supplier pricing, state media says
SHANGHAI/NEW YORK (Reuters) -Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices on their goods to offset the …
Tesla working with Baidu to improve assisted driving system in China – sources
Tesla is working with Chinese tech giant Baidu to improve the performance of its advanced driving assistance (ADAS) system in China, two people with knowledge of the matter said, after a recent update …
Taiwan president warns of China’s ‘infiltration’ effort, vows counter measures
Taiwan President Lai Ching-te said on Thursday China has deepened its influence campaigns and infiltration against the democratic island, pledging measures to tackle Beijing’s efforts to “absorb” …
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.
Walmart feels the heat in China after reportedly demanding discounts to cope with Trump’s tariffs
Last week, Bloomberg reported that Walmart was trying to find a solution to its tariff woes by asking some of its Chinese vendors for significant price cuts of as much as 10% to offset the…
Ex-Fisheries Clerk Amasses $9 Billion As His Gold Jewelry Brand Soars
Xu Gaoming, an ex-fisheries clerk in China who started jewelry brand Laopu Gold in 2016, has amassed a $9 billion fortune.
Trump might be willing to do a ‘big trade deal’ with China, veteran Singapore diplomat Mahbubani says
It is more likely that the Trump administration negotiates a deal with China, compared with the Biden administration, Kishore Mahbubani said.
US sanctions on Russian oil squeeze China’s crude imports
Stricter measures targeting Russian oil tankers have reshaped China’s crude import landscape, with Russia slipping in the supplier rankings while Saudi Arabia and Iraq retain their top positions …
Apple supplier Lens Technology joins list of Chinese firms planning Hong Kong IPOs
Avatr Technology, Shenzhen-listed Changan Automobile’s EV company, is also reportedly considering a US$1 billion Hong Kong listing.
China publishes new guidelines for managing special funds for clean energy development
China’s finance ministry on Thursday published new guidelines for managing special funds for clean energy, providing support for development of renewable energy and clean utilisation of fossil fuels …
