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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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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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New Business

China has logged a US$1 trillion trade surplus. Where is all that money going?

Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing the US$1…

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New Business

Why are rich Chinese ‘quietly’ moving private jets offshore, slumming it in budget seats?

China’s ultra-wealthy are quietly parking their private jets offshore to sidestep tougher compliance rules at home, while corporate executives are…

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Hard work and long hours fuelled China’s rise. Now, it mulls the benefits of longer breaks

Whether in China’s urban centres or its remote rural areas, Christmas is not typically celebrated with the fanfare seen in…

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Burglary of JD.com warehouse in France prompts investigation, speculation

Following the burglary of a warehouse belonging to Chinese e-commerce giant JD.com on Monday, a judicial source has confirmed an…

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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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New Business

Exclusive | TikTok owner ByteDance’s valuation hits US$500 billion as US survival plan advances

China’s ByteDance, owner of TikTok, has seen its valuation surge to US$500 billion on the private market as it advances…

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Secure Arctic shipping route essential for China, senior official says

The Arctic shipping route is essential to safeguard China’s development over the next decade, a senior Chinese official said in…

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New Business

China’s pharmaceutical sector moves into the big leagues as a global innovation powerhouse

China is gaining a solid reputation as a pharmaceutical innovation hub, shifting from a copycat drug maker to one whose…

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