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DFI Retail’s Mannings - known as Guardian in Singapore - pulls out of mainland China
DFI Retail Group’s beauty and health brand Mannings on Wednesday (Dec 17) announced the closure of all its stores across mainland China,…
Tag
China
Business
Nike reports sales beat overshadowed by Converse, China slumps
NIKE posted better-than-expected sales in the latest quarter, showing progress in its turnaround efforts, but weakness persisted in China…
Business
Nike’s China conundrum deepens as turnaround stagnates
Nike’s stock is down 13% so far this year, on track for a fourth straight year of declines Nike is running out of time to prove its China…
Business
Why China isn’t rushing to buy Nvidia’s H200 AI chip
The US is offering China Nvidia’s second-fastest AI chip, the H200, but Beijing is holding back. Behind the hesitation lies a high-stakes…
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PDD, owner of Temu, fires dozens of workers after fistfight with China officials
PDD Holdings fired a government relations team in Shanghai following a fistfight between employees and Chinese regulators who were…
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Chip shortage lingers as Honda to halt output in Japan, China
HONDA Motor will halt production at plants in Japan and China in coming weeks, highlighting the lingering fallout of the global chip…
Business
China chipmaker MetaX debuts after wildly oversubscribed IPO
CHINA will have another major chip debut on Wednesday (Dec 17), eagerly watched by stock-market investors after the stellar gains by its…
Business
China chipmaker MetaX soars 569% after wildly oversubscribed IPO
Chinese IPOs have been strong this year, averaging a 250% pop on the first trading day China saw another spectacular debut by chipmaker…
Business
China chipmaker MetaX jumps 755% after wildly oversubscribed IPO
Chinese IPOs have been strong this year, averaging a 250% pop on the first trading day MetaX Integrated Circuits Shanghai soared in its…
Business
China AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors [BEIJING/HONG KONG] Chinese…
Fashion
Burberry Debuts Star-studded Chinese New Year Campaign, Partners With de Gournay for Holiday Display
STAR POWER: British luxury brand Burberry is betting on Chinese star power to drive engagement and performance for the upcoming Chinese…
Business
China shadow bank’s missed payments show growing property stress
The recent trouble in Zhejiang is a reminder that the problem never fully went away A US$3 billion redemption crisis in eastern China is…
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China brings EV price war to Thailand, dangling 38% discounts
The steep discounts have fuelled a more than 20% surge in sales in both October and November Chinese electric vehicle (EV) makers, already…
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China confronts the cost of dismantling the world’s biggest coal sector
Green industries have created more than seven million jobs and ultimately there will be net growth in employment from the energy…
Business
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently access…
Business
China is ‘rejecting’ Nvidia’s H200 chips, outfoxing US strategy, David Sacks says
China is weighing a package of incentives worth as much as US$70 billion to support its local chipmaking industry China has figured out…
Business
In Depth: China bad-debt managers’ bet on bank stocks could backfire
A NEW player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to…
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Bi Gan’s Dream Factory
Every night during the shoot, Bi and his assistant directors convened in a conference room, where they and assorted crew members discussed…
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A Student Chases the Shadows of Tiananmen
In the beginning of Ha Jin’s new novel, “Looking for Tank Man,” a sophomore at Harvard seems to be on the verge of throwing her life away.…
Business
BMW names veteran Nedeljkovic as CEO to tackle China, Tesla
BMW named 30-year company veteran Milan Nedeljkovic as its next CEO on Tuesday (Dec 9) to replace long-time chief Oliver Zipse, as the…
Business
Nvidia wins Trump’s approval to sell H200 AI chips in China
The company sells the more advanced Blackwell generation in the US and is preparing to shift to an even speedier family of chips called…
Business
US to allow Nvidia H200 chip shipments to China, Trump says
The United States will allow Nvidia’s H200 processors, its second-best artificial intelligence chips, to be exported to China and collect…
Business
US to allow Nvidia H200 chip shipments to China, says Trump
Nvidia shares rise 2% in after-hours trading after announcement; US president says same approach will apply to AMD, Intel The United…
Business
Ex-Nvidia manager worth US$4.3 billion after blockbuster China IPO
In late 2023, Zhang Jianzhong faced one of the darkest hours of his career. His Chinese startup, Moore Threads Technology, was forced to…