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Nvidia boss Jensen Huang meets Shanghai mayor in wake of new US export controls on chips

On Thursday, Huang met He Lifeng, the Chinese vice-premier in charge of US-China trade talks, a move Chinese media widely…

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New Business

Tencent offers 28,000 internships as China grapples with youth unemployment

Chinese technology giant Tencent Holdings announced a significant campus recruitment initiative on Thursday, offering 28,000 internships over the next three…

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New Business

BYD’s US$18,300 electric SUV has autopilot-like system, and a DJI drone in premium model

China’s BYD, the world’s largest electric vehicle maker, has launched its new Titanium 3 SUV at a starting price of…

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Chinese hedge fund Greenwoods adds Hong Kong stocks amid market rout

A US$20 billion Chinese hedge fund used last week’s sell-off in Hong Kong stocks to boost exposure, betting that Beijing’s…

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China’s new-home prices extend decline for 22nd month, but stimulus offers hope

China’s new-home prices fell for a 22nd straight month in March, but the declines continued to narrow as government support…

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China’s EV battery king CATL joins with Sinopec to build swapping-station network

The company, based in Ningde, in east China’s Fujian province, will partner with oil giant Sinopec Group and smart EV…

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Australia’s avocados tipped for next ‘priority’ as China trade ties recover

Australian avocado exporters could soon benefit from the country’s improved trade ties with China. After a decade-long wait, the popular…

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Luxury malls in Beijing, Shanghai slash rents, change tenant mix as consumer spending dips

A slowdown in Chinese consumer spending on luxury goods is affecting high-end malls in Beijing and Shanghai, with shopping centres…

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American firm dodges China’s tariff hikes, selling off millions in inventory

There was no time to rest. With American companies facing the threat of punishing tariffs from China, Jeff Bowman started…

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New Business

Chinese AI firm SenseTime bets on multimodal models to stand out from rivals

SenseTime, an artificial intelligence (AI) pioneer in China, has launched new models that it claims surpass OpenAI products in reasoning…

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