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New Business

From steel to space: China giant sells first 2 satellites as bold pivot bears fruit

Jigang Group spent decades forging the metal for China’s infrastructure boom. Now, the former industrial titan is building hardware for…

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New Business

Foreign ice cream is no longer cool in China. Here’s why that matters

For years, Feng Hui, an operations manager living in Guangzhou, made a tradition of taking her daughter Claire to celebrate…

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New Business

China’s fusion of fireworks and drones reignites world’s oldest firework industry

The swarm of drones soared upward carrying a bright and beautiful surprise in the small Chinese city of Liuyang. In…

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Tech

China’s AI-related companies total 1.67 million in first half of 2024 amid ChatGPT frenzy

Mainland China added more than 237,000 new companies involved in artificial intelligence (AI) during the first half of this year,…

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