China

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…

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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…

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New Business

Beijing trims property resale tax in fresh push to stabilise housing market

Mainland China will cut or waive value-added tax (VAT) on the resale of homes by individuals from Friday, in its…

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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,…

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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…

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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…

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China’s Zhipu AI launches US$560 million share sale as Hong Kong’s IPO tech race heats up

Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving…

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China’s Hainan hosts duty-free shopping spree under new customs regime

A customs scheme covering the entirety of Hainan, China’s southern island province, appears to have triggered a surge in consumption…

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China vital to Insilico’s plan to build biotech’s AI ‘Einstein’ for drug discovery

“Biotechnology is a high-risk field like a ‘molecular casino’,” said founder Alex Zhavoronkov. “Even with artificial intelligence, you can lose…

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New Business

Chinese firms anchor in Dubai free zones to navigate trade barriers and expand reach

Chinese firms are increasingly anchoring themselves in Dubai’s free trade zones to navigate trade barriers and tap new markets as…

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