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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…

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New Business

China has logged a US$1 trillion trade surplus. Where is all that money going?

Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing the US$1…

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New Business

Chinese cities face subway delays as Beijing targets wasteful spending, high debt levels

China is tapping the brakes on some subway expansions, including in certain affluent cities, a decision analysts said reflects a…

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New Business

Consumer demand and public services top China’s financial priorities for 2026

China will expand government spending to spur consumer demand and shore up investment in public services to strengthen the economy…

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New Business

Why are rich Chinese ‘quietly’ moving private jets offshore, slumming it in budget seats?

China’s ultra-wealthy are quietly parking their private jets offshore to sidestep tougher compliance rules at home, while corporate executives are…

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New Business

Dozens of Chinese EV makers under pressure to fold or trim operations in 2026: analysts

Dozens of Chinese electric vehicle (EV) makers face a do-or-die moment in 2026, according to analysts, amid weakening domestic demand…

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Chinese chipmaker CXMT in crosshairs of South Korean prosecutors over Samsung tech leak

The Seoul Central District Prosecutors’ Office on Tuesday said five people had been arrested, including a former Samsung executive who…

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New Business

Wild goose chase? France works to rouse China’s appetite for pricey, imported foie gras

From luxury handbags to vintage Bordeaux, China’s consumers have long associated French products with fine living. Now, France aims to…

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New Business

Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

CATL-owned Wending Investment, Guoxin Micro subsidiary Tongxin Micro and five affiliates have agreed to establish Tongxin Micro Technology with a…

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New Business

Launch window opens for China’s private space companies as LandSpace advances IPO

China’s private rocket makers are stepping up their dash for public funding, with Beijing-based LandSpace becoming the first commercial launch…

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