12 h. ago France poised to get two giant pandas in 2027 after Macron’s visit to China

France is poised to get a pair of pandas in 2027 as part of a new decade-long loan agreement finalised following President Emmanuel Macron’s three-day visit to China. On Thursday, the China Wildlife Conservation Association announced it had agreed with France’s Beauval Zoo to extend their international cooperation on giant panda conservation with the aim of boosting Sino-French exchanges. According to the group’s statement, the two giant pandas are expected to arrive at the zoo in Saint-Aignan...

Politics

12 h. ago France poised to get 2 giant pandas in 2027 after Macron’s visit to China

France is poised to get a pair of pandas in 2027 as part of a new decade-long loan agreement finalised following President Emmanuel Macron’s three-day visit to China. On Thursday, the China Wildlife Conservation Association announced it had agreed with France’s Beauval Zoo to extend their international cooperation on giant panda conservation with the aim of boosting Sino-French exchanges. According to the group’s statement, the two giant pandas are expected to arrive at the zoo in Saint-Aignan...

Politics

15 h. ago From steel to space: China giant sells first 2 satellites in bold pivot

Jigang Group spent decades forging the metal for China’s infrastructure boom. Now, the former industrial titan is building hardware for the final frontier. The state-owned company, once one of the nation’s top steel producers, has secured orders for its first two satellites – an all-important step in its years-long transformation to capture demand in the country’s burgeoning commercial space industry. Reporting this week on the purchase, the Economic Observer said production was expected to...

Politics

7 d. ago Meituan swings into loss in ‘milk tea’ subsidy war with instant commerce rivals

China’s food-delivery giant Meituan swung to a deep quarterly loss, as a costly battle with Alibaba Group Holding’s instant commerce business eroded margins and kept revenue growth modest. The Beijing-based company on Friday reported revenue of 95.5 billion yuan (US$13.3 billion) for the three months to September, up 2 per cent year on year, missing analysts' estimates of 97.5 billion yuan. However, it booked an operating loss of 19.8 billion yuan, compared with a 13.7 billion yuan operating...

Events

7 d. ago DeepSeek, Alibaba researchers endorse China’s AI regulatory framework

Researchers from artificial intelligence start-up DeepSeek and tech giant Alibaba Group Holding have endorsed China’s emerging AI regulatory framework while calling for clearer feedback in a paper published in the US journal Science. The paper, published last month under the title “China’s emerging regulation towards an open future for AI”, said the country had so far facilitated an “innovation- and openness-friendly institutional environment for AI developers” but that it could be further...

Politics

8 d. ago Alibaba launches US$537 Quark AI glasses to challenge devices from Meta, Xiaomi

Alibaba Group Holding on Thursday launched its first artificial intelligence glasses in China, as the tech giant seeks to carve out a solid niche in the growing smart wearables market. The Quark AI Glasses, named after the company’s Quark AI assistant, include three versions each of the series’ flagship S1 model and the lightweight G1 model. Alibaba owns the South China Morning Post. “AI glasses are the intelligent devices that truly usher in a revolution in human-computer interaction in the AI...

Politics

8 d. ago Puma shares pop 13% after report China's Anta Sports is looking to buy the sportswear giant

Puma shares pop 13% after report China's Anta Sports is looking to buy the sportswear giant  CNBC

Politics

8 d. ago Puma shares pop 14% after report China's Anta Sports is looking to buy the sportswear giant

Puma shares pop 14% after report China's Anta Sports is looking to buy the sportswear giant  CNBC

Politics

8 d. ago Puma shares pop 18% after report China's Anta Sports is looking to buy the sportswear giant

Puma shares pop 18% after report China's Anta Sports is looking to buy the sportswear giant  CNBC

Politics

1 week ago Alibaba posts 5% rise in quarterly revenue on AI, cloud momentum

Alibaba Group Holding, China’s e-commerce and cloud computing giant, on Tuesday reported a better-than-expected 5 per cent increase in revenue for the September quarter, as its cloud and artificial intelligence businesses continued to gain momentum. Total revenue for the Hangzhou-based company reached 247.8 billion yuan (US$34.8 billion) for its financial second quarter ended September 30, beating the consensus estimate of 245.2 billion yuan by Bloomberg-polled analysts. That was more than the 2...

Politics

2 w. ago As Hollywood Flops Pile Up, China’s Storytelling Giant Yuewen Tries A Different Approach

As Hollywood Flops Pile Up, China’s Storytelling Giant Yuewen Tries A Different Approach  Forbes

Politics

2 w. ago China’s Giant Iron Ore Trader Widens Ban to Another BHP Product

China’s Giant Iron Ore Trader Widens Ban to Another BHP Product  Bloomberg.com

Politics

2 w. ago China accuses US of undermining ties with Greece in envoy’s Piraeus port remarks

China has accused the United States of trying to undermine its relations with Greece after the US ambassador Kimberly Guilfoyle urged Athens to sell the Chinese-operated port of Piraeus. Guilfoyle called the presence of China’s state-owned shipping giant Cosco at the port in the south of Greece “unfortunate”, in an interview last week with Greek broadcaster Antenna TV. “But I think there are ways around it, that something could be worked out, whether you pursue a path of enhancing output in...

Politics

2 w. ago Michael Burry Targets Baidu Next — Claims China's Search Giant Juiced Earnings With Aggressive Server Accounting

Michael Burry Targets Baidu Next — Claims China's Search Giant Juiced Earnings With Aggressive Server Accounting  Stocktwits

Events

3 w. ago $707 Million IPO Frenzy: Glencore, Jane Street Bet Big on China's Secret Aluminum Giant

$707 Million IPO Frenzy: Glencore, Jane Street Bet Big on China's Secret Aluminum Giant  Yahoo Finance

Economics

3 w. ago China’s US$8 billion power bank giant Anker seeks Hong Kong listing

Chinese maker of portable charging devices Anker Innovations, which went viral last year as the preferred power bank of US President Donald Trump, plans to list in Hong Kong amid US scrutiny and recent product recalls. Based in Changsha, the capital of central China’s Hunan province, Shenzhen-listed Anker will apply to offer its shares on the main board of the Hong Kong stock exchange, it said in a filing with the Shenzhen bourse, on Wednesday. The move aimed to “further advance the company’s...

Economics

3 w. ago Pharmaceutical giant AstraZeneca bets big on China's innovation, opening up

Pharmaceutical giant AstraZeneca bets big on China's innovation, opening up  Xinhua

Politics

3 w. ago Saudi video gaming giant Savvy eyes China’s vast market and talent

Savvy Games Group, the video gaming powerhouse owned by Saudi Arabia’s sovereign wealth fund, is looking to the Chinese market for inspiration as it embarks on a new phase of global expansion, according to company executives. During a recent visit to Shanghai, Saudi Prince Faisal bin Bandar bin Sultan Al Saud, vice-chairman of Savvy, highlighted China’s appeal, citing its vast consumer base and exceptional talent pool. “What is unique to China is its ability to be successful in games and esports...

Politics