13 h. ago Chinese man earns US$39,000 in 2 years teaching adults to ride bicycles amid surging demand

A master’s degree student in China, who has taught hundreds of adults and children to ride bicycles over the past two years and earned 270,000 yuan (US$39,000) from it, recently went viral on social media. The man, whose surname is Li, is a third-year master’s degree candidate at Shanghai University of Sport (SUP) majoring in sports education, as reported by the news outlet The Cover. Li shared that years ago, he and a friend recognised the demand for bike-riding instruction and decided to...

Politics

43 h. ago Chinese power stocks surge on State Grid’s record US$574 billion investment plan

Shares of Chinese electricity and grid equipment makers surged after State Grid unveiled a 4 trillion yuan (US$574 billion) plan to upgrade the country’s power networks, as surging demand and the global race in artificial intelligence drive investment in energy infrastructure. Baoding Tianwei Baobian Electric, which makes transformers, climbed 4.6 per cent to 14.50 yuan in Shanghai and power equipment manufacturer Henan Pinggao Electric jumped 4.8 per cent to 20.83 yuan. Suzhou Electrical...

Economics

58 h. ago Chinese tungsten product prices surge over 200% in 2025 amid export controls, fresh demand

Chinese tungsten product prices surge over 200% in 2025 amid export controls, fresh demand  Fastmarkets

Politics

3 d. ago China's car exports surged in 2026, but domestic demand slowed

China's car exports surged in 2026, but domestic demand slowed  WRAL

Politics

1 week ago Samsung likely to flag 160% jump in fourth quarter profit as AI boom stokes chip prices

Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that has sharply driven up memory prices as customers scramble to meet booming demand for artificial intelligence. Semiconductor prices have rocketed in recent months, as the industry’s shift to AI-related chips has curbed production for traditional memory, while demand has been surging for both conventional and advanced chips to train and run AI models. Samsung...

Economics

1 week ago Sorghum export inspections surge following new demand from China

Sorghum export inspections surge following new demand from China  Brownfield Ag News

Politics

2 w. ago China’s service sector shines as holidaymakers embrace pet travel and bespoke adventures

More Chinese travellers are pivoting from mass-market sightseeing to bespoke adventures to ring in the new year, fuelling a surge in demand for pet-friendly itineraries and winter excursions as service consumption defies a broader economic gloom. “Tailored travel is gaining traction,” online travel platform Fliggy said in a December 23 statement, citing a shift towards immersive “experiences that go beyond sightseeing”, favouring more memorable moments and personalisation. In particular,...

Politics

2 w. ago Xi Talks Up China’s AI And Chip Path In New Year Speech As Demand Surges Despite Global Curbs: Report

Xi Talks Up China’s AI And Chip Path In New Year Speech As Demand Surges Despite Global Curbs: Report  Stocktwits

Politics

2 w. ago ByteDance to pour US$14 billion into Nvidia chips in 2026 as computing demand surges

ByteDance plans to spend about 100 billion yuan (US$14 billion) on artificial intelligence chips from Nvidia in 2026, a hefty increase from roughly 85 billion yuan in 2025, if the US company is allowed to sell its H200 graphic processing units in China, according to people familiar with the matter. The budget, which could change, is part of the Beijing-based unicorn’s ambitious capital spending plan in AI for 2026. The company, with a private market capitalisation of US$500 billion, has built up...

Politics

2 w. ago Exclusive | ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges

Exclusive | ByteDance to pour US$14 billion into Nvidia chips in 2026 as AI demand surges  South China Morning Post

Economics

3 w. ago New China filleting plants suggest 2025’s salmon demand surge here to stay

New China filleting plants suggest 2025’s salmon demand surge here to stay  Undercurrent News

Politics