innovation

New Business

China’s growing young billionaire class masks innovation hurdles, analysts say

While China continues to produce many young self-made billionaires, showcasing its economic dynamism, observers have urged the creation of a…

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Ireland business chamber welcomes Chinese investment despite US, EU pressures

Chinese investment is still being actively welcomed in Ireland, the head of a major business organisation said, even as the…

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New Business

Europe losing tech race to China and US, Nobel Prize winner warns

French economist Philippe Aghion issued a stark warning to Europe shortly after winning this year’s Nobel Prize, saying the continent…

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Ahead of plenum, party mouthpiece likens China’s economy to ‘unsinkable’ aircraft carrier

In a series of eight op-eds published in the Communist Party’s mouthpiece newspaper ahead of a meeting that will set…

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How have China’s 5-year plans shaped the country’s economic trajectory?

Though China moved away from a command economy decades ago, its successive five-year plans have remained a pillar of macroeconomic…

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South China’s Greater Bay Area boasts world’s largest innovation cluster

A portion of China’s Greater Bay Area has been named the world’s largest innovation cluster, underscoring Beijing’s drive for technological…

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China’s viral Labubu toy has an unlikely fan – the ruling Communist Party

As Chinese companies ponder how best to market their products internationally, the example set by Pop Mart – the Beijing-based…

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Intel CEO Tan Lip-bu says company will spin off noncore units

Intel chief executive Tan Lip-bu said the chipmaker would spin off assets that were not central to its mission and…

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New Business

Cathie Wood sees AI driving US$10 trillion global robotaxi revolution

Cathie Wood, the star stock picker behind Tesla’s stratospheric valuation, has doubled down on her bets, citing the convergence of…

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New Business

Hong Kong market seen funding more ‘jaw-dropping’ Chinese start-up innovations

Hong Kong’s capital markets are poised to provide the long-term funding that will help start-ups in mainland China deliver more…

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