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China’s industrial profits unexpectedly fall in ominous sign for economy

Profits at China’s industrial firms contracted at the start of 2025, flashing a worrying sign for the economy as higher…

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New Business

China, Europe ‘share same worry’ about unilateralism, can work together: ESM director

Europe and China have an opportunity to pave a path of multilateralism, as they share the same values for a…

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New Business

Jeffrey Sachs rejects US claims of Chinese overcapacity: ‘absolutely wrong’

A prominent American economist has dismissed claims China is deliberately cultivating industrial overcapacity as “absolutely wrong”, asserting the world needs…

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New Business

Why Trump’s Venezuela tariff move presents a dilemma for China

US President Donald Trump’s latest executive order enabling the United States to impose tariffs on any country that imports oil…

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For China’s private sector, Beijing’s long-sought decree seen as key to getting paid

Enough of China’s small enterprises have run up against insurmountable roadblocks in trying to collect payments for services rendered –…

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Chinese EV maker Xiaomi raises US$5.5 billion from share sale to accelerate expansion

Chinese tech firm Xiaomi raised HK$42.5 billion (US$5.5 billion) from a share sale to fund the expansion of its electric…

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New Business

Exclusive | Hong Kong must capitalise on DeepSeek to lure global and Chinese funds, HSBC says

The market rally driven by the DeepSeek breakthrough has attracted massive capital inflows to Hong Kong, as both international and…

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New Business

After China probe, is AstraZeneca’s new US$2.5 billion plan a blueprint for foreign firms?

Biopharmaceutical multinational AstraZeneca is not letting a bumpy 2024 dictate its path forward in China, and in the wake of…

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Chinese humanoid robot star Unitree to focus on industrial models before household aides

Chinese robotics unicorn Unitree Robotics, whose products are mainly used in research and industrial applications, will not be launching humanoid…

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New Business

What tariffs? Another China GDP forecast rises on fast start, capital outlays

Morgan Stanley has become the latest organisation to upgrade China’s 2025 economic growth forecast, citing a fast start to the…

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