The initiative forms part of efforts to operate a network of more than 100 ‘Golden Bauhinia’ satellites above the Greater Bay Area.
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WeRide plans to raise $308 million in a Hong Kong IPO
WeRide plans to raise $308 million in a Hong Kong IPO, which will boost its international expansion and technology development.
After China’s long retail downturn, CEOs see consumer spending coming back
Several North American and European companies have posted positive results in the Asian nation in recent weeks Read more at The Business Times.
Starbucks Sells 60% of China Unit to Boyu at $4 Billion Value
Starbucks Corp. agreed to sell a majority stake in its China business to private equity firm Boyu Capital at a $4 billion enterprise value in a bid to improve the coffee chain’s flagging fortunes in…
Starbucks to sell control of China business to private equity. Here’s how much the stake is worth.
The U.S. coffee-shop chain is forming a joint venture with Boyu Capital, with Boyu holding 60% interest in the company’s retail operations in China. Starbucks will retain the other 40% and continue to own and…
China Dismisses Taiwan’s Safety Concerns Over 2026 APEC Summit in Shenzhen
Chinas Foreign Ministry has dismissed Taiwans concerns regarding the safety of participants in the upcoming 2026 APEC summit, set to be held in Shenzhen, southern China. The ministry emphasized that …
Starbucks to sell majority stake in China business
The coffee giant entered China more than a quarter of a century ago but has faced tough competition in recent years.
G2 or not G2: Trump’s new favorite term for US-China relations carries a lot of history’s baggage
In diplomacy, even short words matter. And with a brief Truth Social post, President Donald Trump may have revealed his approach to the U.S.-China relationship — to the delight of reputation-conscious …
China’s marine economy reports 5.6% growth in first 9 months of 2025
BEIJING — China’s gross ocean product totaled 7.9 trillion yuan ($1.11 trillion) in the first three quarters of 2025, which was a year-on-year increase of 5.6 percent, demonstrating the marine …
China’s October factory activity expansion slows, private PMI shows
China’s factory activity in October expanded at a slower pace as new orders and output both waned amid tariff anxiety, a private-sector survey showed on Monday.
China says it doesn’t interfere. The war next door suggests otherwise.
Despite Beijing’s stated policy of “noninterference,” analysts say its efforts to shape Myanmar’s civil war have made the conflict more intractable.
Crypto whale who nailed the October crash opens $55M BTC and ETH longs
China tariff-led crypto crash last month is now betting $55 million that Bitcoin and Ethereum will rise again. Crypto analytics platform Arkham was one of the first to identify the whale’s new long …
China extends visa-free scheme for Japan visitors until late 2026
China said Monday it will extend its visa-free arrangement for short-term Japanese visitors until the end of 2026 to further facili …
