10 h. ago NBA players return to China as U.S. sportswear brands look for boost in market

NBA players return to China as U.S. sportswear brands look for boost in market  Sports Business Journal

Economics

5 d. ago Hong Kong authorities look into complaints over new shoes procured for lifeguards

Hong Kong authorities are looking into complaints about new government-supplied shoes after a lifeguard union received more than 100 reports of discomfort or foot injuries, becoming the second procurement issue to be raised in recent weeks. The Hong Kong and Kowloon Life Guard’s Union earlier revealed that the Leisure and Cultural Services Department had previously switched from shoes provided by global sportswear company Mizuno to a new, lesser-known brand called “JWS”, despite its...

Politics

1 week ago Tech sector hails Beijing’s AI blueprint as local chip, server firms set to gain

China’s tech industry has hailed Beijing’s latest strategy to widely apply artificial intelligence to economic and social enterprises amid hopes the move could boost market prospects for local suppliers of chips, servers and AI solutions. Beijing’s decision to implement AI in research, industry and consumption has further boosted confidence in the sector, particularly in computing power and domestic AI chips, amplifying the momentum triggered by DeepSeek’s V3.1 AI model. China’s AI ecosystem,...

Economics

2 w. ago Why LeBron James’ Return to China Goes Beyond Just Celebrating Basketball

Why LeBron James’ Return to China Goes Beyond Just Celebrating Basketball  radii.co

Politics

2 w. ago Shein eyes return to China with new Hong Kong float as hopes of a New York or London listing fade

Shein eyes return to China with new Hong Kong float as hopes of a New York or London listing fade  MSN

Politics

2 w. ago Top engineer involved in Boeing 787 and A380 design, leaves US for China

Zhou Ming, renowned as the mastermind behind key industrial software used in planes such as the Boeing 787 and Airbus A380, has left his leadership role at US-based global engineering giant Altair to return to China. An announcement on the website of the College of Engineering at the Eastern Institute of Technology in Ningbo said Zhou had joined as a chair professor and the first dean of the college in June and was already setting up a research team. Zhou also confirmed the move on his personal...

Politics

3 w. ago Xtep’s interim profit rises as China’s running craze lifts Saucony sales

Xtep International Holdings’ interim earnings surged to a record, as the sportswear maker and distributor of the Saucony brand of running shoes benefited from the new-found popularity of marathons and trail running in China. Net profit rose to a record 913.6 million yuan (US$127.3 million) in the first half, 6.4 per cent more than the revised interim earnings last year, Xtep said in a statement on Monday. Sales increased 7.1 per cent to 6.84 billion yuan, from the restated revenue of 6.38...

Economics

3 w. ago ‘Let the rich spend’: China told to ease property curbs to spur consumption

A high-level Chinese official has called for easing property and other market restrictions to boost spending among the wealthy, as Beijing steps up efforts to stimulate consumption amid deflationary pressures. “Let the rich spend. This is the most direct [approach],” said Yin Yanlin, who was deputy director at the Office of the Central Financial and Economic Affairs Commission, a party organ overseeing economic policy, from 2018 to 2023. Yin, now a senior economic adviser in the Chinese People’s...

Politics

3 w. ago AI experts return from China stunned: The U.S. grid is so weak, the race may already be over

AI experts return from China stunned: The U.S. grid is so weak, the race may already be over  Fortune

Politics