China

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China’s Xi urges state giants to be pillars of national development

President Xi Jinping has instructed central state-owned enterprises (SOEs) to serve as the bedrock of national development, urging them to…

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New Business

‘C-beauty’ brands find retail expansion outside China a slow slog

That underscored a sluggish state of affairs at Mao Geping, about two months after opening its first overseas location in…

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New Business

Swire Pacific’s Guy Bradley to take reins at Hong Kong’s Cathay Pacific, Swire Coca-Cola

Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership…

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‘Bad policy’: China’s drone makers to shrug off US ban, analysts say

Though it did not come as a surprise, the US’ formal ban on the sale of new drones produced by…

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As Germany’s trade deficit with China nears new high, analysts warn of backlash

Germany’s trade deficit with China is on track to hit a record high in 2025 amid shrinking demand for German…

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Hong Kong luxury flat sells for US$28.9 million in latest high-end property deal

A luxury flat in Hong Kong’s Kowloon Tong district is one of the latest to have found a buyer amid…

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New Business

Nvidia aims to start H200 AI chip shipments to China by mid-February, sources say

The US chip designer plans to fulfil initial orders from existing stock, with shipments expected to total 5,000 to 10,000…

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What China’s yuan internationalisation push looks like – and what may hold it back

The yuan has strengthened in recent months, with the offshore rate hitting its highest level against the US dollar in…

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Russian LNG shipments to China surge 143% in November, overtaking Australia

Russia’s shipments of liquefied natural gas (LNG) to China soared last month, consolidating Moscow’s role as the top energy supplier…

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New Business

Global firms turn to M&A in EVs and biotech to deepen China investment: KPMG

Three in four multinational corporations (MNCs) operating in mainland China have maintained or increased their investments in 2025, according to…

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