Beijing

New Business

China housing market gets VAT relief on resales but demand outlook stays subdued

China will lower value-added tax (VAT) on individual home resales from January 1, but while the measure has drawn interest…

Read More »
New Business

China’s factory activity breaks 8-month contraction, but headwinds persist

China’s factory activity returned to expansionary territory in December – beating market expectations to end an eight-month contraction – but…

Read More »
New Business

China’s DRAM giant CXMT plans US$4.2 billion IPO on Shanghai’s Star Market

CXMT Corporation, parent of Chinese memory chip giant ChangXin Memory Technologies (CXMT), aims to raise 29.5 billion yuan (US$4.2 billion)…

Read More »
New Business

Airbus scores major win in China with orders for 145 A320 aircraft

European aviation giant Airbus won another two major orders from Chinese clients for a total of 90 A320neo aircraft on…

Read More »
New Business

Xi renews call to boost grain output after trade war sharpens China’s food security push

President Xi Jinping has issued a mandate to expand grain production as China moves to shield its food supply from…

Read More »
New Business

China’s second-hand boom fuels bruising battle for trade-in traffic

Thanks to tighter budgets and a growing taste for retro tech, Chinese millennials and Gen Z consumers – who once…

Read More »
New Business

How China is upgrading its digital yuan for the stablecoin era

In an effort to offer an alternative amid the global rise of stablecoins – cryptocurrencies pegged to a reference asset,…

Read More »
New Business

China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up

Shenzhen, China’s top tech hub, plans to roll out what it calls “full-suite, full-time” adoption of artificial intelligence (AI) across…

Read More »
New Business

China-founded AI-agent start-up Manus acquired by Zuckerberg’s Meta for ‘billions’

A China-founded start-up that specialises in artificial intelligence agents was acquired by US tech giant Meta Platforms for billions of…

Read More »
New Business

China’s lagging basic research demands core tech pivot as US curbs bite: economic adviser

China cannot merely chase the technological frontier – it must seize ownership of it, a prominent economist has warned, urging…

Read More »
Back to top button