Zhejiang province

New Business

Video of a robot leading a mass escape stokes laughs and fears over AI in China

In what looks like a scene from a dystopian nightmare, a robot built by a Chinese start-up was caught on…

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New Business

Wahaha heiress Kelly Zong Fuli back steering Chinese drinks giant after ‘shock’ quit move

An SOE run by the Shangcheng district government of Hangzhou, the city in Zhejiang province where the firm is headquartered,…

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New Business

Is China’s barter trade experiment working as sanctions risk grows?

They can also reduce the visibility that Western regulators have over their bilateral transactions, while also limiting currency risks. In…

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Tech

Alibaba logistics firm Cainiao launches next-day cross-border deliveries by way of Hong Kong

Cainiao Smart Logistics Network, the shipments subsidiary of Chinese e-commerce giant Alibaba Group Holding, has launched an express cross-border courier…

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Tech

Geely’s Zeekr unit unveils ultra-fast-charging EV battery in China’s electrification race

Zeekr Intelligent Technology, the premium electric vehicle (EV) maker controlled by Geely Auto, has unveiled a new battery technology that…

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Tech

China’s Xiaohongshu carves out a niche in an increasingly crowded e-commerce market

Chinese social media platform Xiaohongshu, the Instagram-style app where young consumers to share lifestyle tips, is seeking to become a…

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