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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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New Business

Why China’s film industry is banking on Zootopia 2 being a smash hit

China’s film market urgently needs a hit to draw audiences back to cinemas after a lacklustre few months. And an…

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New Business

Distilling China’s alcohol economy | South China Morning Post

As China’s traditional spirits and premium wines grapple with declining consumption, a significant shift is under way across the beverage…

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New Business

Beauty market aglow: young Chinese splurge on wellness treatments, Fosun-backed firm says

Young Chinese consumers, including a growing number of men, are splurging on aesthetic medical treatments for physical, emotional and social…

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New Business

Yuan’s long-term hedge costs equalise for first time since 2011

An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…

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New Business

China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

UBTech Robotics, one of China’s top makers of humanoid robots, plans to raise HK$3.11 billion (US$399.6 million) through a share…

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New Business

China’s cruise industry makes waves as new deal creates Asia’s largest fleet

China has announced plans to consolidate the cruise operations of four central state-owned enterprises into a single entity that will…

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New Business

China’s liquor capital faces long march to rebirth as baijiu’s ‘liquid gold’ glory wanes

As China’s traditional spirits and premium wines grapple with declining consumption, a significant shift is under way across the beverage…

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New Business

China’s senior-care sector: promising job growth clashes with young workers’ reluctance

As China rapidly ages, the senior-care sector is poised to become a significant source of job creation. Yet, enthusiasm among…

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New Business

Alibaba’s Cainiao expands parcel service in Africa as demand for Chinese goods surges

Alibaba Group Holding’s logistics arm, Cainiao, has expanded its parcel delivery service to eight African countries – including Morocco, Ghana…

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