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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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China shoppers swap boutiques for bargains, fuelling US$30 billion luxury resale boom

At a shopping centre in Shenzhen’s coastal business district, a store’s entrance feels more like a security checkpoint than a…

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UBTech wins US$37 million deal to deploy humanoid robots at China-Vietnam border crossings

UBTech Robotics, one of China’s top robot manufacturers, said on Tuesday it had secured a major contract to deploy humanoids…

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How League of Legends remains the most popular PC game in China after 15 years

US video game developer Riot Games, creator of League of Legends, retains bragging rights to the most popular PC game…

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China’s industrial robot production overtakes 2024 levels amid automation drive

As a robot torch-bearer took the spotlight during the kick-off of the 15th National Games torch relay in Shenzhen on…

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China’s old industrial cities race to reinvent themselves in rapidly changing economy

Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has made villages…

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Chinese airline offers free Wi-fi to lure back travellers from high-speed trains

China’s biggest airlines have started offering free Wi-fi to passengers on a growing number of domestic flights, as they vie…

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China set for bumper ‘golden week’ travel rush in boost for economy

China is likely to see a bumper surge in travel bookings for the coming “golden week” holiday – one of…

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China’s money launderers exploited a gem of a loophole – Beijing just plugged it

China’s dealers of precious metals and gemstones – including gold, diamonds and rubies – must comply from today with a…

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China’s AI race heats up as Shanghai launches massive subsidy scheme

Shanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis…

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