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).
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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…
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 …
China’s electric vehicle giants are betting big on humanoid robots
Technical know-how and existing supply chains give Chinese electric-vehicle makers a significant head start in the sector.
Why China’s tech market is back in business
The rise of China’s DeepSeek AI model is boosting Chinese tech firms including Alibaba, Baidu, and Xiaomi.
China January new bank loans surge to 5.13 trillion yuan, beat expectations
Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, up sharply from December, outpacing analysts’ forecasts and hitting an all-time high, as the central bank …
China’s Real Estate Bust Leads Other Countries
China’s stimulus boom helped inflate global demand and real estate prices after the 2008 recession, but mean reversion has been in motion since 2020 and counting. Click to read.
China rights monitors suspend work, lay off staff after U.S. aid freeze
Dozens of non-government groups monitoring dissent, human and labour rights in China have laid off staff after being forced to suspend work following a freeze on foreign aid by U.S. President Donald …
China’s Mixue seeks US$500 million in Hong Kong IPO after Guming’s share sale
Chinese bubble tea maker Mixue Group plans to raise about US$500 million from its Hong Kong initial public offering (IPO) after peer Guming Holdings completed a US$232 million upsized share sale in …
