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China’s tech hub Shenzhen prime for property tax trial at ‘critical moment’: top adviser

China should consider expanding its property tax trial to Shenzhen and some low-tier cities, said a senior government adviser, a…

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Tech

Black Myth: Wukong’s popularity brings unexpected windfall, fame to low-profile developer

As Black Myth: Wukong took the global gaming community by storm, the low-profile studio behind China’s first AAA video game…

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Tech

Tech war: upcoming Huawei chip unit event stokes speculation over breakthrough

A conference scheduled next month by Huawei Technologies’ secretive chip design unit HiSilicon has fanned speculation that a sanctions-busting breakthrough…

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Tech

Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need…

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New Business Jobs

Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

RichKat Craft Brewing, a Shenzhen-based beer brand, has opened two pubs in Hong Kong, a move that could benefit the…

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New Business Jobs

Alibaba’s long-awaited China stock link may provide timely boost

Chinese investors finally being able to buy shares of Alibaba Group Holding may provide a much-needed boost for the e-commerce…

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New Business Jobs

Warnings of overcapacity in China’s ride-hailing sector spread amid weak demand

In the past month, at least five other cities, including the southern cities of Shenzhen and Suzhou, have issued similar…

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New Business Jobs

Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products

Huawei is already working with weather forecasters in Thailand to adopt Pangu LLM, while also collaborating with various industries such…

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New Business Jobs

China’s falling home prices slow descent slightly as decline extends to 14 months

Home prices across China suffered a 14th consecutive month of decline in July, a sign that authorities’ rescue package has…

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New Business Jobs

Why China’s risky bond rally has put PBOC on the offensive to optimise yields

The rate continued to fall, dipping below 2.1 per cent this month before PBOC intervention sent it back up to…

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