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Autonomous driving unicorn WeRide files for US IPO amid expansion plans in China, overseas

WeRide – a Cayman Islands holding company whose operations are mainly conducted by Guangzhou Wenyuan Zhixing Technology and its subsidiaries…

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Tech

Stanley Ho’s youngest son Mario leads first listed Chinese company in the esports industry

NIP, which achieved a milestone as the first listed Chinese company in the esports industry, raised a total of US$20.25…

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New Business

Opinion | How emerging nations are already dethroning the West

Even other members within Brics have been reluctant to embrace belt and road projects, arguably for fear of alienating key…

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New Business

Opinion | How China’s move to cap salaries is redefining finance’s role in society

After China concluded its third plenum, the key policy meeting that will shape the nation’s economic blueprint for the next…

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New Business

Opinion | How America’s national debt has become the world’s liability

Put in perspective, the size of the global financial system per the Financial Stability Board at the end of 2022…

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New Business

China aims to step up Russian energy cooperation despite US sanctions calls

Cooperation should go deeper in “promising areas”, such as renewable energy and carbon markets, Ding said. The vice-premier suggested stronger…

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Tech

Alibaba bets on generative AI tools to help cross-border merchants, executive says

Speaking on stage at the Reuters Next Conference in Singapore, Zhang – head of Alibaba International Digital Commerce’s AI initiative…

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New Business

Can China’s Politburo ‘break the deadlock’ on economic growth as half-year comes in focus?

The meeting is expected to have a more significant impact on market expectations than the third plenum conclave last week,…

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New Business

Chinese firms urged to brace for tech-for-market swap with inevitable overseas expansion

More Chinese companies would likely partner with overseas firms when they expand abroad, leveraging their technology and supply chains, in…

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New Business

In China for China: German firms buck trend, bring best tech and products to compete

“We are full of confidence in the prospects of our China business, as always,” said Zhao Gang, general manager of…

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