China

New Business

China’s Ele.me joins Meituan, JD.com in vowing welfare coverage for armies of riders

In quick succession, three major online platforms in China – JD.com, Meituan and Ele.me – have unveiled plans to provide…

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Former Huawei ‘genius youth’ recruit joins alma mater Nanjing University to research AI

A former recruit of Huawei Technologies’ “Genius Youth” programme joined his alma mater Nanjing University to pursue artificial intelligence (AI)…

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Chinese commerce minister calls for dialogue with new US counterpart

Commerce Minister Wang Wentao expressed China’s strong dissatisfaction on Wednesday over the United States’ 10 per cent additional tariff on…

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China to welcome foreign investment in more sectors of economy

Beijing has pledged to allow more participation by foreign companies in sectors including telecommunications, healthcare and education in its latest…

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Apple unveils US$599 iPhone 16e, a budget AI handset to compete with Huawei, Samsung

Apple launched on Wednesday a budget-minded phone with artificial intelligence (AI), the iPhone 16e, designed to win back mid-market customers…

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New Business

Double down or get out: the options for foreign carmakers in China amid shrinking share

Foreign carmakers are likely to see their market share in China shrink further this year as the brutal price war…

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Alibaba opens first data centre in Mexico, ramping up AI infrastructure expansion

With the launch on Wednesday, Alibaba Cloud said it now had a global infrastructure network of 87 availability zones across…

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Trump’s proposed 25% tariffs would ‘spare China’ but hurt its neighbours: analysts

US President Donald Trump’s latest tariff proposals – which involve slapping duties of 25 per cent or more on imports…

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China’s AI-driven robots are ‘evolving at an incredibly fast pace’: Unitree CEO

China’s humanoid robot industry is poised for a breakthrough year as artificial intelligence accelerates the pace of change in the…

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New Business

Interest in offshore yuan bonds is expected to increase, CICC says

More Chinese and global issuers and investors are expected to be drawn to offshore yuan bonds in Hong Kong and…

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