Guangzhou

New Business

As homes fail to sell in mainland China’s depressed market, sellers turn to superstition

For homeowners in mainland China, selling a property has become so difficult that some are turning to xuanxue, a neo-Taoist…

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New Business

China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

The Guangzhou-based firm’s net loss narrowed by nearly 80 per cent to 380.9 million yuan (US$53.6 million) in the third…

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New Business

‘Not in this economy’: Guangdong’s huge subsidy scheme falls flat with consumers

In early November, China’s most populous province launched its biggest ever consumer subsidy programme, with the government pledging to commit…

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How China’s ‘emotional spending’ trend is transforming shopping malls

In a central Wuhan shopping centre, a banner for a new Pop Mart hangs where an Air Jordan store once…

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How the US-China trade war roller coaster affected the Canton Fair

The Canton Fair, considered a barometer of China’s foreign trade and manufacturing outlook for the next six to nine months,…

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New Business

Satellite maker Uspace pivots to AI applications at new tech centre in Shenzhen

A unit of Uspace, Gang Hang Ke, will spearhead the centre’s establishment, the company said in a filing with the…

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New Business

Japan’s budget restaurants, survivors of ‘lost decades’, find fans in China

Students, white-collar workers and families filled the tables during a recent dinner rush at a branch of Saizeriya – a…

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China biotech forum bills antibody cancer drugs as next-generation treatment

Antibody-drug conjugates (ADC), a fast-growing next-generation cancer treatment, have become an investment hotspot due to its potential to become mainstream…

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New Business

Small Chinese exporters face hit to profits as buyers demand extended payment terms

At the ongoing autumn session of the Canton Fair, China’s largest and longest-running trade exhibition, many Chinese exporters say that…

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New Business

BeOne Medicines to bring more cancer drugs to Hong Kong, thanks to easier approval regime

BeOne Medicines, a global drug company that originated in mainland China, plans to launch more cancer drugs in Hong Kong…

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