Kenyan social media stars showcase China’s striking scenery, culture, history and cuisine in glitzy new promotional campaign.
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Blockchain revenues drop by 16% in September
Blockchain network revenues across several ecosystems dropped by 16% month-over-month in September. According to asset manager VanEck, the slide can be mainly attributed to a reduction in volatility …
BABA, BIDU, AMZN, SLMT: Cathie Wood Bets on China, Cuts Stakes in Amazon and Crypto Firm
Cathie Wood’s ARK Invest ETFs (exchange-traded funds) made several notable portfolio moves on Friday, October 3, continuing their steady buying …
Why China’s restaurants are facing social media outrage over pre-made food
A social media storm over ‘pre-made’ dishes and rising calls for transparency have hit China’s restaurant chains just as the extended National Day holiday begins …
China Just Hit the Brakes on Hong Kong’s Crypto Dreams—And These Broker Stocks Are Getting Crushed
China’s financial watchdog just threw cold water on Hong Kong’s red-hot tokenization boom, quietly advising major brokerages to pump the brakes on their real-world asset business. The move sent Hong …
China is starting to talk about AI superintelligence, and some in the U.S. are taking notice
Alibaba’s CEO said the company would be pushing to develop advanced AI. Some in the U.S. have viewed China’s AI ambitions as more focused on applications of the technology.
China fields golden dome prototype, Argentina’s soy exports anger US: SCMP’s 7 highlights
China has deployed a working prototype of a global defence system similar to the United States’ proposed Golden Dome, while hailing a breakthrough in data processing technology for worldwide threat …
From data to culture: How international brands are trying to crack the code on the fickle Chinese consumer
“Among international brands in China, the winners are often dedicating more than 40% of revenue to marketing, especially content and platform-first marketing, while also iterating products locally …
China trials ‘energy-saving’ underwater data centers
Power-hungry data centers run hot, so one Chinese company is planning to submerge a pod of servers in the sea off Shanghai with hopes of solving computing’s energy woes. On a wharf near the city,…
China’s EV Giants Are Coming for America—And Price Is Their Secret Weapon
While they seldom saw things in the same light, one thing Presidents Joe Biden and Donald Trump agreed on was the need to block Chinese automakers from entering the U.S. market. In May 2024, Biden…
Gold’s IPO rush is a risky twist on its rally
This week, Zijin Gold International — a spin-off of Zijin Mining’s overseas gold assets, which include mines in central Asia, Europe, Africa, South America and Australia — raised $3.2bn in the largest …
These chip stocks are falling in the face of a new China setback
Semiconductor stocks have been impacted this year by evolving U.S. rules governing the sale of chips to China. Applied Materials just called out a fresh set of challenges.
Foreign investors eye China once again — but capital controls and policy risks keep them on edge
As China seeks to lure back foreign capital amid dwindling inbound investment, global investors remain wary of the country’s capital-controlled market. Although Beijing has sought to reverse the trend …
