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Breaking | China’s consumer prices fall in March as trade war reaches fever pitch

As a wave of tariffs from US President Donald Trump washes on China’s shores – with a cumulative 125 per…

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New Business

China’s ZTE names Fang Rong as chairman amid AI pivot, revenue drop

Chinese telecommunications equipment giant ZTE Corp has named veteran industry executive Fang Rong as its new chairman, succeeding Li Zixue,…

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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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BYD beats Tesla again as sales top US$100 billion on surging EV deliveries

Chinese electric-car (EV) maker BYD is setting new sales milestones in its global rivalry with Tesla, after snatching its crown…

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Chinese EV maker Nio says fourth-quarter loss widens, revenue guidance underwhelms

Nio, a Chinese electric vehicle (EV) company, said its fourth-quarter loss widened from a year earlier amid escalating competition in…

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Wharf swings to 2024 loss as mainland China write-downs add to sales slump, office glut

Wharf (Holdings) swung to a loss last year after the commercial property developer wrote down the value of its projects…

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China’s Baidu to issue yuan-denominated bonds as US$600 million debt comes due

Chinese technology firm Baidu plans to issue yuan-denominated bonds in offshore markets to repay existing debt and fund general corporate…

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New Business

Tech war: Huawei’s 2024 revenue surges 22% despite US sanctions

Huawei Technologies, the world’s largest telecoms equipment vendor, recorded revenue of more than 860 billion yuan (US$118.3 billion) in 2024,…

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New Business

China’s economic pressures create ‘ongoing concerns’ for British firms as hardships grow

British companies operating in China have seen the business environment grow tougher for a fifth consecutive year, according to a…

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New Business

Founder of Chinese AI firm DeepGlint, an early mover, steps back amid rising losses

The founder of Beijing-based artificial intelligence (AI)-based image recognition firm DeepGlint has stepped down as general manager, as the company…

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