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China’s trade ‘unevenness likely to continue’ as July data offers mixed bag

Analysts pointed to the impact of lower prices and some fading of global discretionary demand as the reading fell short…

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Tech

Experts assess the EU’s AI Act

As the EU’s AI Act prepares to come into force tomorrow, industry experts are weighing in on its potential impact,…

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New Business Jobs

Opinion | Russia needs China’s market more than China needs Russian gas

It is no secret that China is taking advantage of Russia’s “energy decoupling” from Europe to get better prices for…

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New Business Jobs

Chinese firms urged to brace for tech-for-market swap with inevitable overseas expansion

More Chinese companies would likely partner with overseas firms when they expand abroad, leveraging their technology and supply chains, in…

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Tech

PDD-owned Temu’s first-half sales surge to US$20 billion, exceeding 2023 total: report

International online budget-shopping platform Temu, owned by Chinese e-commerce giant PDD Holdings, saw its gross merchandise value (GMV) surge to…

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Tech

Shein, Temu face uncertain times in South Africa, EU, other markets amid high-tariff push

Some consumers in South Africa are looking to abandon popular low-cost online retailers Shein and Temu, according to recent social…

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Tech

Microsoft and Apple back away from OpenAI board

Microsoft and Apple have decided against taking up board seats at OpenAI. The decision comes as regulatory bodies intensify their…

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Tech

Meta joins Apple in withholding AI models from EU users

Meta has announced it will not be launching its upcoming multimodal AI model in the European Union due to regulatory…

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Tech

US senators introduce bill confronting China’s dominance in critical minerals

“Currently, China dominates the critical mineral industry and is actively working to ensure that the US does not catch up,”…

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New Business Jobs

Exclusive | Stephen Roach on how Beijing can right its economic course and the US’ big China ‘blunder’

Now, nearly 11 years later, I would have to say that while the Chinese economy has progressed on many fronts,…

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