China

New Business

China bets on bio-manufacturing as new growth engine, bid for tech self-reliance

China is betting on bio-manufacturing to boost technological self-reliance and drive economic growth as part of the next five-year plan,…

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New Business

As I see it | China’s extended property slump was always expected

History does not repeat itself, as the saying goes, but it often rhymes. That very much depends on the kind…

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New Business

Meituan slides into loss in ‘milk tea’ subsidy war with instant commerce rival Alibaba

China’s food-delivery giant Meituan swung to a deep quarterly loss, as a costly battle with Alibaba Group Holding’s instant commerce…

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New Business

Tensions flare as Wingtech slams chipmaker Nexperia’s head office over deception

Wingtech accused Nexperia’s head office of being insincere after the Dutch head office publicly released a letter that said the…

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New Business

Explainer | Why is China alarmed by the new US-Malaysia trade deal? Poison-pill provisions explained

China has expressed “serious concerns” regarding a trade agreement signed last month between Malaysia and the United States, and some…

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New Business

Gold prices could hit record highs of over US$4,900 next year: forecasts

Several major banks forecast that gold prices will shake off a recent correction and hit an all-time high next year,…

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New Business

China targets smarter, more efficient transport infrastructure in next 5-year plan

With the world’s biggest high-speed rail network already established, China now plans a more balanced, integrated and intelligent transport system…

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New Business

China’s top economic planning agency warns of rise of too many robots

Beijing has flagged risks of excessive duplication in China’s rapidly growing humanoid robot sector, vowing to strengthen guidance for an…

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New Business

Kelly Zong steps down as Wahaha chief amid bitter inheritance feud

Kelly Zong Fuli, daughter of the late Chinese soft drinks billionaire Zong Qinghou, has stepped down as legal representative, chairwoman…

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New Business

China, EU push Nexperia and Chinese owner to end ‘corporate dispute’ amid chip concerns

Both China and the European Union have signalled that a dispute over semiconductor maker Nexperia should be resolved at the…

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