Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The startup told potential investors it would sell microchip design …
Recent Posts
Tencent’s Chief Exploration Officer Steps Down Amid China’s Gaming, Tech Crackdown
Chief Exploration Officer, David Wallerstein, is stepping down from his management role amidst China’s crackdown on technology and gaming companies. Transitioning to a senior adviser role from Jan. 1, …
Battle of the Spaceplanes: How America’s X-37B Stacks Up Against China’s Shenlong
The Shenlong, or “Divine Dragon” spaceplane, rocketed into orbit on December 14 aboard a Long March 2F rocket from the Jiuquan Satellite Launch Center in the Gobi Desert. Constructed by the People’s …
China faces into an uncertain 2024 with an economy hobbled by a drawn-out property crisis
But in China, nobody’s experienced this before,” he said. Denis Depoux, managing director of business consultancy Roland Berge, who advises foreign investors and Chinese companies. Photograph: Pedro …
China M&A activity is set for a rebound in 2024 amid renewed overseas interest, but it won’t be business as usual. Here’s why
For deal flows to be revived, buyers need to be more confident about China’s growth, and they need to see some strong and high-profile deals go through first, industry insiders say.
China’s Decision To Ban Fireworks Stirs Heated Discussion Before Lunar New Year
In 2017, official data showed 444 cities had banned fireworks. Since then, some cities have scaled back curbs, allowing fireworks at certain times of the year and at designated venues.
Hong Kong IPO market revival on the cards amid favourable interest-rate outlook, China policy easing
Hong Kong stock exchange’s IPO ranking sank to 8th this year, with fundraising slumping to US$5.9 billion from 68 listings Analysts are confident Hong Kong can shrug off a dismal year, pointing to a …
Real Estate Stress Is Brewing in Asian Markets Other Than China
Surging interest rates and regulatory scrutiny are causing distress for builders and creditors in Asian economies from South Korea to Vietnam, highlighting the breadth of housing woes in a region …
China’s central bank “sidelined”
The move to downgrade the role of the PBoC reflects growing concerns in ruling circles about continued lower growth.
China’s int’l trade in goods, services hits 4.16 trillion yuan in November
China’s international trade in goods and services totaled 4.16 trillion yuan ($ 582.1 billion) in November 2023, official data showed Friday. Exports of goods came in at 2.01 trillion yuan and imports …
Yearender-Economic Watch: Chinese brands extend global influences in pursuit of innovative, localized development
Technology and innovation have served as growth engines powering Chinese brands going global, Doreen Wang, CEO of Kantar Greater China and global chair of Kantar BrandZ said. Chinese brands have put …
South China Sea: Beijing, Asean claimant states risk pushing beyond ‘grey zone between peace and war’ in 2024
Clashes in the disputed waters this year portend further incidents in 2024 that could result in a serious conflict, analysts say China is expected to keep tensions simmering within the ‘grey zone’ to …
China tensions rising, US revives WWII-era Pacific airfield
In the middle of the Pacific ocean, an abandoned US airfield once key to dropping the nuclear bomb on Japan — and nearly lost to history amid encroaching forest — is being revived.Including, on …