11 h. ago As China defies US tech blockade, can local AI chipmakers capture Nvidia share?

With the technology race between the United States and China, the world’s two largest economies, intensifying even though a trade truce was reached in late October, analysts say the prospects of China achieving self-sufficiency in semiconductors and artificial intelligence (AI) are positive, despite American efforts to maintain leads in those fields. “If any country can do it [achieve self-sufficiency in semiconductors], it’s China, owing to its vast resources and pool of engineering talent,”...

Politics

15 h. ago End of an era: Canon closes China printer plant as Japanese brand loses to local rivals

End of an era: Canon closes China printer plant as Japanese brand loses to local rivals  Yahoo Finance

Economics

18 h. ago China’s risky shadow banks back in spotlight after debt crackdown

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap costly credit from non-bank lenders, a stopgap that is increasing risk in an opaque corner of the financial system. The borrowing marks a return of China’s shadow-banking market, which is more loosely regulated than traditional lenders and had been reined in over the past few years in a bid to reduce risk. Since September, industrial investment arms and financing...

Economics

25 h. ago End of an era: Japan’s Canon shuts China printer plant as local rivals rise

Japanese imaging technology giant Canon has shut down one of its major printer production facilities in mainland China, underscoring the growing clout of domestic brands in the country’s printing market. A visit on Thursday by the Post to Canon Zhongshan Business Machines, in Zhongshan city in the southern Guangdong province, revealed little activity. The car park was nearly empty, while a dozen employees strolled outside the office building. A worker said production had halted late last month,...

Politics

51 h. ago Beyond factories: how China’s trendy brands turn local into global influence

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. On a busy roadside in Riyadh, K-pop music – popular among the city’s youth – pulses from the speakers of Javis Wang’s bubble tea shop. His stores have...

Politics

51 h. ago Beyond factories: how China’s trendy brands turn local influence global

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. On a busy roadside in Riyadh, K-pop music – popular among the city’s youth – pulses from the speakers of Javis Wang’s bubble tea shop. His stores have...

Politics

51 h. ago How Chinese lifestyle brands are finding fans abroad with toys, tea and trends

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. On a busy roadside in Riyadh, K-pop music – popular among the city’s youth – pulses from the speakers of Javis Wang’s bubble tea shop. His stores have...

Politics

63 h. ago French football legend Zidane plays shuttlecock with China aunties, delights fans

French football legend Zinedine Zidane has delighted Chinese internet users by joining local residents in Shanghai to play shuttlecock in the street. Videos of Zidane, 53, a newcomer to the sport, played the game skilfully with some middle-aged Shanghai residents, most of whom were middle-aged women who are commonly referred to as “aunties” in mainland China. Clips of the former star have gone viral on mainland social media, according to a report by Jimu News. Zidane, who has been named The Best...

Sport

3 d. ago China's local debt rises to $18.9tn as property slump lingers

China's local debt rises to $18.9tn as property slump lingers  Nikkei Asia

Economics

3 d. ago Egypt gears up for local drone production following new deal with China

Egypt gears up for local drone production following new deal with China  Business Insider Africa

Events

7 d. ago Starbucks and Burger King among global food giants restructuring in China as local competition rises

Starbucks and Burger King among global food giants restructuring in China as local competition rises  Le Monde.fr

Sport

7 d. ago Indonesian durian sellers smell big opportunity in China, world’s largest market

Indonesia is looking to take a bite out of the lucrative durian trade to China following stronger bilateral cooperation in the sector, according to the Indonesian Durian Plantation Association. Since Indonesia signed a frozen durian export protocol with China’s General Administration of Customs last May, eight local companies have passed the verification process, according to an Antara news agency report on Wednesday. This means that Indonesian producers can export directly to China, bypassing...

Politics

8 d. ago Corrupt Chinese officials hold sham votes to approve projects, state media warns

Corrupt local officials in China are manipulating collective decision-making procedures for personal gain and to mask their activities, state media has warned. A report published on Wednesday highlighted examples of behind-the-scenes manipulation where subordinates were told how to vote in advance, and of collusion between corrupt officials or sham public consultations. “In recent years, to standardise collective decision-making, systematic procedures and requirements were introduced in many...

Events

2 w. ago Brawny man, dubbed China’s ‘hottest village cadre’, promotes local produce

A 28-year-old Chinese man has been nicknamed “the hottest village cadre” after videos of him promoting agricultural products by showing off his muscular physique went viral. Lin Yangduo, who goes by the nickname Lin Xiaobai, is a former kayaker and an influencer with 370,000 followers on a social media platform. Recently, Lin went viral for his physique in videos he posted promoting persimmons grown in Jingshan village, Xinchang county, in eastern China’s Zhejiang province. In the videos, Lin...

Politics

2 w. ago Brawny man, dubbed China’s ‘hottest village cadre’, promotes local produce, tourism

Brawny man, dubbed China’s ‘hottest village cadre’, promotes local produce, tourism  South China Morning Post

Politics

2 w. ago Japanese in China warned to be wary as row over Takaichi’s comments continues

Japan has urged its citizens in mainland China to take safety precautions as diplomatic tensions sparked by Prime Minister Sanae Takaichi’s comments on Taiwan continue to escalate. In a message on its website, the Japanese embassy in China said it reiterated “safety measures in light of recent local media coverage concerning Japan-China relations”. “When going out, please remain vigilant of your surroundings, such as the approach of suspicious individuals, and endeavour to ensure your safety as...

Events

2 w. ago Japan issues safety alert for citizens in China as diplomatic row escalates

Japan has urged its citizens in mainland China to take safety precautions as diplomatic tensions sparked by Prime Minister Sanae Takaichi’s comments on Taiwan continue to escalate. In a message on its website, the Japanese embassy in Beijing said it was repeating “safety measures in light of recent local media coverage concerning Japan-China relations”. “When going out, please remain vigilant of your surroundings, such as the approach of suspicious individuals, and endeavour to ensure your...

Politics

2 w. ago Fame for China food vendor who resembles Japan animator, offers free meals to needy

A wonton street shop owner in China has become a local celebrity for looking like the Japanese animator and filmmaker Hayao Miyazaki. Yin Zhenggen, 76, who has been nicknamed the Hayao Miyazaki of Nanjing because he bears a striking resemblance to the filmmaker. His shop is also like one that appears in Miyazaki’s fairy tales; it provides free food for people in need. Yin and his wife, Wang Chunlan, have been running the shop in Nanjing, eastern China’s Jiangsu province, for the past four...

Politics

2 w. ago China's local bounty use shows intimidation with flexibility: Scholars

China's local bounty use shows intimidation with flexibility: Scholars  Focus Taiwan

Politics

3 w. ago China’s New Military Strategy: “Winning Informationized Local Wars”

China’s New Military Strategy: “Winning Informationized Local Wars”  The Jamestown Foundation

Events