23 h. ago End of political chaos in South Korea sparks pickup in Chinese visitors

Chinese tourism to South Korea is picking up with the end of political instability in Seoul and the two nations pledging closer relations shortly before visa exemptions take effect, travel industry sources said this week. Bookings from China – South Korea’s largest source of foreign visitors – for the three months from April to June have been about 24 per cent higher than for the three months ending in February, according to data compiled by the travel marketing and technology company China...

Politics

49 h. ago Chinese solar firms bank on overseas expansion to survive amid US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with...

Economics

2 d. ago Chery’s stock to debut in third quarter in carmaker’s Hong Kong IPO

Chery Automobile, China’s second-largest automobile maker by volume, is aiming to complete its initial public offering (IPO) in Hong Kong in the third quarter of this year, said its chairman. The company, based in Wuhu city in eastern China’s Anhui province, has filed its intention to list on the Hong Kong stock exchange and use the city as its springboard for venturing into the global market, said Yin Tongyue during the 2025 Automotive Expo in the city. “We hope to have more of our...

Politics

2 d. ago Chery to debut in third quarter as carmaker uses Hong Kong as a springboard

Chery Automobile, China’s second-largest carmaker by volume, is seeking to complete its Hong Kong initial public offering (IPO) in the third quarter of this year, its chairman said. At the 2025 International Automotive & Supply Chain Expo in Hong Kong on Thursday, Yin Tongyue said the company was seeking to use the city as a launching pad into the global market. Chery, based in Wuhu in eastern Anhui province, has filed its intention to list on the Hong Kong stock exchange. “We hope to have more...

Politics

3 d. ago China approves world’s biggest amphibious plane, AG600, for mass production

China’s home-grown AG600, the world’s largest amphibious aircraft, has been given the green light for mass production, marking a step forward in building an independent and globally competitive aviation industry. The Civil Aviation Administration of China (CAAC) certified the plane on Wednesday, confirming that its developer, the state-owned Aviation Industry Corporation of China (Avic), has established a reliable system to consistently produce aircraft that meet safety standards, according to...

Politics

3 d. ago Haitian eyes US$1.22 billion Hong Kong IPO, one of the year’s largest

Foshan Haitian Flavouring and Food Company, the largest listed condiment producer in mainland China, is seeking to raise up to HK$9.56 billion (US$1.22 billion) in Hong Kong, marking one of the city’s largest initial public offerings (IPOs) this year and giving a boost to its status as a world-leading fundraising hub. The company is offering 263.2 million H shares at a maximum price of HK$36.30 each, with the final offer price to be determined on or before June 17, Haitian said in a statement to...

Economics

4 d. ago Chinese EV battery maker Eve Energy jumps on Hong Kong IPO bandwagon

Eve Energy, China’s fifth-largest producer of electric vehicle (EV) batteries, plans to raise fresh capital on the Hong Kong stock exchange, following the lead of its bigger rival Contemporary Amperex Technology (CATL) as international investors show a growing appetite for the country’s industrial gems. The Shenzhen-listed company said on Tuesday that its board had endorsed a fundraising plan aimed at bolstering its international expansion, but details about the share offering were still in the...

Science

4 d. ago Tencent Music to buy Ximalaya, an audio app used by 300 million users

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content platform Ximalaya for about US$2.4 billion in cash and stock. The Tencent Holdings subsidiary will offer US$1.26 billion in cash and up to 5.2 per cent of its total outstanding class A ordinary shares. It will also issue up to 0.37 per cent of its shares to Ximalaya’s founding investors. As part of the deal, Ximalaya will restructure certain existing...

Economics

8 d. ago Chinese chipmaker SMIC offloads stake in Ningbo unit to focus on core operations

Semiconductor Manufacturing International Corp (SMIC), mainland China’s largest contract chipmaker, has divested its entire stake in an unprofitable chip foundry operation amid a new wave of consolidation in the domestic integrated circuit (IC) industry. Shanghai-based SMIC agreed to sell its 14.83 per cent stake in Ningbo Semiconductor International (NSI) for 57.01 yuan (US$7.94) per share to semiconductor design firm Goke Microelectronics, according to the chipmaker’s filing on Thursday. The...

Politics

8 d. ago DeepSeek is hiring interns to label medical data for AI use in hospitals

Chinese artificial intelligence (AI) start-up DeepSeek, which has remained mute over a release date for its R2 reasoning model, has begun recruiting interns to label medical data to improve the use of AI in hospitals. According to recruitment ads posted on Boss Zhipin, one of China’s largest hiring websites, DeepSeek is offering 500 yuan (US$70) per day for interns who can work four days a week to label medical data for applications involving “advanced auxiliary diagnosis” tools. The jobs are...

Science

1 week ago Sweet deal: how China’s agritech helped turn Egypt’s desert into top sugar farm

Near the edge of the Sahara Desert, in Egypt’s West Minya, Chinese drillers bore deep into the earth, tapping groundwater to irrigate a once 500-hectare stretch of desert – now home to the world’s largest beet sugar factory. China’s Zhongman Petroleum has drilled 193 wells over the past three years to irrigate the farm, which supplies Canal Sugar – a joint venture backed by investors from the United Arab Emirates and Egypt – with an annual capacity of 900,000 tonnes, according to the state-run...

Politics

1 week ago Apple faces another year of iPhone woes in China as Huawei rises

iPhone shipments in China are expected to drop further this year, partly because of rising competition from domestic brands, according to market research firm IDC, as Apple faces growing headwinds in the world’s largest smartphone market. Apple’s smartphone shipments in China were forecast to fall 1.9 per cent in 2025 owing to ongoing competition from Huawei Technologies and a broader economic slowdown in the country, the consultancy said in a report on Thursday. The exclusion of most iPhone...

Politics

2 w. ago China snubs Asia’s largest defense forum as tensions with US simmer

China snubs Asia’s largest defense forum as tensions with US simmer  CNN

Events

2 w. ago China has developed the largest drone carrier in the world — and it's getting ready for takeoff

China has developed the largest drone carrier in the world — and it's getting ready for takeoff  Live Science

Events

2 w. ago In Vietnam, exporters tune out Trump’s tariff riffs – and rush to replace the US

Garment manufacturers across China and Vietnam breathed a small sigh of relief on Sunday, after US President Donald Trump told reporters that the United States was “not looking to make sneakers and T-shirts”. But few plan to change their plans based on the president’s comments. After weeks of wild swings in US tariff policies, they have learned that Trump could soon change his tune once again. Businesses in China and Vietnam – the world’s two largest clothing export hubs – are still facing huge...

Politics

2 w. ago Li Qiang’s Indonesia visit highlights rapid change in world order

The United States’ global tariff war has done no harm to trade and cooperation between other countries. It has prompted and energised them to nurture and develop their own relations. The uncertainty that has riled markets and troubled business has therefore had a silver lining. There is no better example in this part of the world than China – the world’s second-largest economy – and Indonesia, the biggest economy in Southeast Asia, which is also China’s biggest market. Premier Li Qiang has just...

Politics

2 w. ago What's wrong with China economy? Moody's maintains 'negative' rating for world's second largest economy

What's wrong with China economy? Moody's maintains 'negative' rating for world's second largest economy  The Economic Times

Politics

2 w. ago Geologists Uncover One of Earth’s Largest Gold Deposit Hidden Beneath China, Worth €78 Billion

Geologists Uncover One of Earth’s Largest Gold Deposit Hidden Beneath China, Worth €78 Billion  The Daily Galaxy

Politics

2 w. ago China’s largest gold miner expands into ‘streaming’ project finance

China’s largest gold miner expands into ‘streaming’ project finance  Financial Times

Politics

2 w. ago China's primary intelligence organisation labelled world's largest spy; accused of global espionage

China's primary intelligence organisation labelled world's largest spy; accused of global espionage  The Economic Times

Politics