Business
Chinese robotaxis race Waymo to take driverless cars global
Comparing autonomous vehicles companies’ progress is not a straightforward exercise, the industry has been synonymous with false dawns and…
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Chinese
Business
Chinese firms speed up US dollar selling amid optimism towards yuan
The PBOC set the yuan’s daily reference rate at its strongest in about a year this month Chinese banks helped clients offload overseas…
Business
Chinese firms speed up US dollar selling amid optimism towards renminbi
The clients include exporters, importers and some investors in overseas financial assets Chinese banks helped clients offload overseas…
Business
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial Times CHINESE tech…
Business
Chinese milk tea brands are offering a playbook for South-east Asia’s next consumer wave
FOR years now, many have wondered whether Luckin Coffee would topple Starbucks as the world’s coffee chain of choice. Luckin has surpassed…
Business
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term GDS Holdings, one of China’s…
Business
EU considers forced tech transfers for Chinese investments
The European Union is considering forcing Chinese firms to hand over technology to European companies if they want to operate locally, in…
Business
Spain the frontrunner for Chinese carmaker BYD’s third European plant: sources
CHINA’S No 1 automaker BYD considers Spain to be its top candidate for a third car factory to serve the European market, two sources…
Business
Chinese firms face shifting global IPO landscape
Nasdaq proposes raising minimum public float and fundraising requirements; is enforcing faster suspension and delisting procedures for…
Unsorted
Flying Chinese cars aspire to be latest wonder of Gulf’s skies
Aridge is making its latest pitch to become a transport option of choice for the Gulf’s super-rich In a city that’s no stranger to…
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In bid to save shipyards, US set to charge fees on Chinese ships
The stated purpose of the American port fees is to address Chinese dominance of the global shipping sector and provide an incentive for…
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Chinese food and beverage firms flock to Singapore as first step in expansion drive
Weak demand has stifled growth in China since the end of Covid-19 lockdown almost three years ago A record number of Chinese restaurants…
Business
Chinese 450 billion yuan optics firm Innolight weighs Hong Kong listing: sources
Zhongji Innolight, a Chinese maker of optical communication modules and devices, is considering a listing in Hong Kong, according to…
Business
Budget Chinese carrier Spring Airlines mulls Hong Kong listing: sources
The airline has been more consistent in posting profit than the country’s main state-run carriers Chinese budget carrier Spring Airlines…
Business
Global funds cut holdings of Chinese bonds to lowest since 2021
Overseas investors also cut their exposure to negotiable certificate of deposits in August Overseas funds offloaded Chinese sovereign…
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Chinese iPhone buyers complain of scratches on new models
The deep blue variants of the iPhone 17 Pro and Pro Max exhibited scuffs and scratches after just a few hours of being on display Many…
Business
Hong Kong equity deals boom as Chinese firms rush to market
The city’s benchmark Hang Seng Index is up more than 30% this year, despite a plunge in April that wiped out most of its earlier gains…
Fashion
EXCLUSIVE: Miu Miu Names Chinese Actress Li Gengxi Brand Ambassador
Li Gengxi, an up-and-coming Chinese actress, has been named Miu Miu‘s latest brand ambassador. Li, who began her acting career in 2018 at…
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Medical Breakthrough: Chinese Scientists Develop Bone Glue That Heals Fractures in Just Three Minutes
In a huge medical breakthrough, scientists in China have reportedly invented a bone glue that sets within three minutes and can heal…
Business
US penalises two Chinese companies that acquired tools for chipmaker SMIC
The US on Friday (Sep 12) penalised two Chinese firms that acquired US chipmaking equipment for China’s top chipmaker Semiconductor…
Business
Alibaba leads Chinese tech funding spree with US$3.2 billion deal
The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international…
Business
Chinese EVs set to gain share in Singapore as rebates extended
More EV makers from the world’s biggest automobile market are also launching in the city-state Chinese automakers such as BYD look set to…
Business
Chinese insurers’ stock buying bolsters case for slow bull run
Authorities have also raised insurers’ equity investment cap, reduced their capital requirements to hold stocks and improved their ability…
Business
Chinese property stocks jump on policy, lending boost
Top gainers included Country Garden and Shimao Group Holdings, whose shares rose more than 30% Chinese property shares surged in Hong…