Gaorong Ventures has invested $30 million in the operator of Hong Kong’s biggest licensed crypto exchange, a rare example of a Chinese venture powerhouse dabbling into the $3 trillion digital asset …
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Xi Jinping Assembles Jack Ma, Pony Ma, and Other Big Tech Leaders to Revive China’s Private Sector
A group of leading Chinese tech executives are set to attend a meeting with Chinese President Xi Jinping. The meeting will attempt to build confidence …
FACTBOX China’s AI firms take spotlight with deals, low-cost models
Alibaba’s announcement this week that it will partner with Apple to support iPhones’ artificial intelligence services offering in China has again thrust the spotlight on the country’s AI industry on …
China’s DeepSeek is redefining the data center market
CNBC projected that the emergence of cheaper AI models from China could increase the demand for data centers. Analysts reportedly tilted their forecasts after DeepSeek’s launch, anticipating immediate …
China gets another bubble tea billionaire with Good me operator’s IPO
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).
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 mobile phone shipments up 22.1% in December
BEIJING – China’s mobile phone shipments surged 22.1 percent year-on-year in December 2024 to nearly 34.53 million units, data from the China Academy of Information and Communications Technology …
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’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 …
China’s Xi Jinping to chair symposium attended by Jack Ma and other business leaders: Sources
Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three …
Exclusive: Xi to chair symposium attended by Jack Ma and other Chinese business leaders, sources say
Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country’s business leaders including Alibaba co-founder Jack Ma, three …
Where China’s Exports Begin: Inside the Vast Markets of Guangzhou
Along the Pearl River in southern China, a fast-growing industry is churning out cheap clothes and toys that are flooding the world duty-free.
Estée Lauder, L’Oreal suffer as global brands’ lustre fades in China
Multinational companies (MNCs) are losing ground in China as their “halo effect” fades amid rising competition and a consumer spending slump, while analysts warn that a trade war with the US could …
