Chinese video content and streaming company iQiyi CFO Wang Jun said he is “excited” about potential new business opportunities with the emergence of OpenAI’s text-to-video tool Sora.
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China Politburo Vows to Meet Growth Targets Amid Slow Recovery
China’s top leadership has pledged to meet economic targets for the year, avoid risks and maintain social stability, underscoring concern for a recovery hampered by a prolonged property crisis and …
Beijing housing authority’s proposal to regulate rental fees will revive confidence in leasing market, analysts say
A proposal mooted by Beijing’s housing authority to regulate rental fees could boost the long-term leasing market in China’s capital, as the supervision would reinforce the rights and interests of …
China slams foreign criticism of upcoming Hong Kong’s Article 23 national security law
China on Thursday criticised British Foreign Secretary David Cameron and other foreign politicians for “smearing” an upcoming Hong Kong security law, as local authorities said feedback on the law had …
China’s February factory activity likely contracted for fifth month: Reuters poll
China’s manufacturing activity likely contracted for a fifth straight month in February, a Reuters poll showed on Thursday, possibly increasing the clamour for further stimulus measures as factory …
In delicate China play, Reckitt turns to livestreaming to sell condoms
Durex-owner Reckitt is hoping that Chinese consumers’ penchant for livestream shopping will also extend to purchases of condoms, but the company will have to toe a “delicate line” as it looks to grow …
China’s economy looks like a mess — but some sectors are quietly doing well in its ‘2-speed economy’
Even before COVID-19 hit, Beijing knew China’s economy needed to transition from its position solely as the world’s cheap factory floor — because companies were already starting to leave. The reasons …
Focus: In delicate China play, Reckitt turns to livestreaming to sell condoms
The hype around livestreaming, which has become a major driving force of an e-commerce boom that has been sweeping China since the beginning of the COVID-19 pandemic, could help the British consumer …
Beijing to host 2027 World Championships
Beijing has been selected to host the 2027 World Athletics Championships, governing body World Athletics said on Wednesday.
Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
Alibaba Cloud on Thursday said it is cutting prices across more than 100 core public cloud products to make cloud computing more accessible in the AI boom. “As the biggest cloud service provider in …
Asia hedge fund launches drop to lowest number in 14 years as China interest wanes
Only 62 new hedge funds launched in Asia last year, the lowest since number since 2009 and just 15 were China-focused funds, data provider Preqin said.But Japan-focused funds more than doubled to …
China rolls over $2 billion loan to Pakistan, finance minister says
China has rolled over a $2 billion loan to Pakistan, caretaker finance minister Shamshad Akhtar confirmed in a response to Reuters on Thursday.The $2 billion loan was due in March and has been …
China willing to enhance economic, trade cooperation with Egypt, commerce minister says
China is willing to further promote economic and trade cooperation with Egypt, and to continue to encourage and support its enterprises to invest and start businesses in the African country, the …
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