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China’s Xi calls for building unified market to ‘secure an edge’ in global race

President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will be crucial…

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New Business

Ex-Huawei employees sentenced to jail for stealing semiconductor-related secrets

A Shanghai court sentenced 14 former Huawei Technologies employees to jail for stealing chip-related business secrets from the company, the…

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New Business

Alibaba to roll out ‘Super Saturdays’ event as China’s on-demand delivery market heats up

Alibaba Group Holding will roll out a programme called “Super Saturdays” over the next 100 days to lure more consumers…

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New Business

China’s state-asset watchdog explores potential role of stablecoins, other digital assets

The State-owned Assets Supervision and Administration Commission (SASAC) in Shanghai said SOEs must “maintain a keen awareness of emerging technologies”…

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New Business

WeChat and Alipay are China’s ‘comparative advantage’ in stablecoin race: top economist

China already has de facto stablecoins in the form of WeChat Pay and Alipay, a top economist at the country’s…

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New Business

Crackdown on illegal mines as China tightens critical mineral controls amid row with US

Parts of China that are rich in critical minerals are stepping up enforcement of tighter export controls as the country…

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