Jiangsu province

New Business

China’s Sugon unveils new AI infrastructure to rival platforms from Nvidia and Huawei

Beijing-based Sugon, listed in Shanghai as Dawning Information Industry, on Thursday unveiled its scaleX platform at an event in Kunshan,…

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New Business

China’s airlines in the hot seat over hidden extra fees as watchdog steps in

China’s airlines are encountering severe turbulence over their growing use of extra charges like seat selection fees, as passengers, state…

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New Business

China’s AI boom fuels solopreneurs as 1-person businesses flourish in tough job market

China’s artificial intelligence boom is giving rise to a new cohort of “solopreneurs”, who are turning their business dreams into…

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‘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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Alibaba expands instant commerce efforts with US$281 million Taobao convenience store push

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will…

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‘Unforgivable’: Chinese county still living in shadow of wild spending binge

Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has turned villages…

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China launches first direct break-bulk shipping route to Peru’s Chancay port

China has launched its first direct break-bulk shipping service to Peru’s Chancay port, as it steps up its trade, investment…

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TSMC to see near-term ‘operational risk’ after US revokes China chip equipment waiver

The US action, with effect from December 31, rescinded TSMC’s fast track export privilege known as Validated End User (VEU)…

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China investigates former stock market regulator Yi Huiman for disciplinary breaches

Yi Huiman, the former regulator of China’s equities market, is being investigated for disciplinary breaches, as the country’s long-standing anti-graft…

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New Business

Foreign brands in China are losing market share to domestic rivals, year after year

The world’s largest jewellery company by volume is facing a wave of store closures across China – a move that…

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