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New Business

Chinese airlines cancel flights on 12 Japan routes as tensions continue to rise

As a political dispute between Beijing and Tokyo continues to inflame relations, Chinese media reports indicate some domestic airlines have…

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New Business

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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China’s robot-powered factories turn hi-tech production lines into tourist hotspots

Cheers erupted inside Xiaomi’s gleaming electric vehicle factory on the outskirts of Beijing when it recently welcomed its 100,000th visitor…

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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The US action, with effect from December 31, rescinded TSMC’s fast track export privilege known as Validated End User (VEU)…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 moves to boost electronics self-sufficiency as US tightens chip curbs

China has released a new action plan to bolster its electronics manufacturing sector that stresses the need for resilient, self-sufficient…

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Would you like a handbag with that latte? Luxury brands in China think so

International fashion and luxury groups are opening coffee shops in major Chinese cities, entering an intensely competitive space in a…

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As China’s public bus companies bleed cash and lose riders, are rides for pets the answer?

With public bus companies across China struggling to keep the wheels going round and round amid rising financial pressures and…

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Meituan executive bemoans ‘irrational’ instant-commerce price war with Alibaba, JD.com

A Meituan executive said the company had no choice but to join the latest round of what he called “irrational…

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New Business

Exclusive | SemiDrive to supply EV cockpit chips to European carmaker as Chinese firms go global

Chinese automotive chip firm SemiDrive will start supplying its cockpit system-on-a-chip (SoC) to an undisclosed European carmaker late next year,…

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China property market heats up in core cities amid recovery led by policy moves

China’s property market is showing new signs of life as developers bid for rare, centrally located plots amid a retreat…

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