2 h. ago Venture firm Lanchi doubles down on Chinese AI, robotics start

Chinese venture capital firm Lanchi Ventures is doubling down on investing in China’s artificial intelligence and robotics start-ups while raising a new fund amid increased global investor appetite for the country’s early-stage tech firms, its executives said. Lanchi Ventures, formerly known as BlueRun Ventures China, would continue to be “all in” on AI and robotics, focusing on AI applications, multimodal AI models and firms targeting overseas markets, managing partner Jui Tan said in an...

Politics

5 d. ago When North Koreans raise a toast, it’s increasingly with Chinese wine

North Korea, one of the world’s most isolated and heavily sanctioned countries, has remained a major destination for Chinese wine exports this year, as the nation has few alternative options to source alcoholic drinks. North Korea bought 157,393 litres of wine from China in the first seven months of 2025 – more than double the volume imported during the same period last year – making it the second-largest buyer of Chinese bottled wine so far this year, trailing only Hong Kong, according to...

Politics

6 d. ago China doubles down on AI – but calls for rational, not ‘blind’, growth

China’s central government has cautioned against a nationwide rush into artificial intelligence (AI) investment, urging careful planning while pledging stronger support to expand computing capacity and embed the technology across industries. The country’s top economic planning agency said the roll-out of China’s “AI Plus” initiative – aimed at applying cutting-edge technology across the manufacturing and service sectors – should be tailored to local conditions, urging regions to build on their...

Politics

6 d. ago China’s ‘little Nvidia’ warns investors of risks after stock gains 533% in year

Beijing-based AI chipmaker Cambricon Technologies, widely seen as a potential alternative to Nvidia in the Chinese market, has issued a rare warning about supply chain risks and excessive speculation in its shares, which have gained 533 per cent in the past 12 months. The company’s Shanghai-listed stock nearly doubled in the last month on a wider rally fuelled by China’s favourable policy support of local artificial intelligence chips and a new AI model from DeepSeek tailored for upcoming...

Events

8 d. ago Value of small packages sent from China to UK more than doubles

Value of small packages sent from China to UK more than doubles  BBC

Politics

9 d. ago China's net gold imports via Hong Kong more than doubled in July

China's net gold imports via Hong Kong more than doubled in July  Reuters

Politics

1 week ago ‘Arrogance of power’: Taiwan’s Lai suffers sharp defeat as both recall bids fail

Taiwanese leader William Lai Ching-te has suffered his sharpest political defeat yet, as two waves of recall votes against opposition lawmakers collapsed in a 31-0 shutout – leaving his government cornered, his party shaken and his energy policy under siege. The unprecedented recall campaign, launched by pro-government civic groups and openly backed by Lai, sought to unseat 31 lawmakers from the main opposition Kuomintang (KMT), accusing them of obstructing policy and budget bills. But voters...

Events

2 w. ago India, China are Asia's double engines; Beijing backs Delhi against Trump's tariffs

India, China are Asia's double engines; Beijing backs Delhi against Trump's tariffs  India Today

Politics

2 w. ago Pop Mart targets mobile phones with mini Labubus as it aims to double sales

Pop Mart said it would be able to easily double this year’s revenue from its 2024 record sales, as it prepares to launch a mini version of the Labubu plush toy to extend its phenomenal success and conquer more hearts beyond mainland China. The company, founded in 2010 in Beijing, could double its 2025 revenue to 30 billion yuan (US$4.2 billion) from last year’s sales of 13 billion yuan, said Pop Mart’s founder and CEO Wang Ning, citing the bigger-than-imagined worldwide market for its plush toys...

Events

2 w. ago China's Xpeng expects quarterly revenue to double on strong demand for its EVs

China's Xpeng expects quarterly revenue to double on strong demand for its EVs  Reuters

Politics

3 w. ago Beijing calls for objective, rational view on China and Russia defense ties

Beijing calls for objective, rational view on China and Russia defense ties  China Daily

Events