4 d. ago China’s secret weapon in chip battle with US: intense city rivalry

China’s megacities are moving in tandem to draw capital to semiconductor research and development, as Beijing accelerates its chip self-sufficiency drive in the face of tightening US export controls. Major technology hubs including Shenzhen, Shanghai and Hangzhou – and even lesser-known players like Hubei province – have all launched major chip industry investment projects in the past few months, with regions competing to emerge as powerhouses in the strategically vital sector, according to...

Events

5 d. ago UK PM Starmer's attempt to draw line under China spying case prompts more questions

UK PM Starmer's attempt to draw line under China spying case prompts more questions  Reuters

Politics

9 d. ago Why Kenya’s swap of dollar loans for Chinese yuan offers more than debt relief

Kenya has converted its US dollar-denominated railway loans from China into the Chinese yuan, not only securing debt relief but also fitting into Beijing’s long-term goal of internationalising its currency. Analysts said the decision, announced by Kenya last week, paved the way for other debt-stressed African countries and could ultimately draw them closer to China. Kenyan Treasury Minister John Mbadi said on Tuesday that the country’s US$5 billion Chinese railway loans had been converted to...

Politics

2 w. ago Beijing's historic commercial streets draw National Day crowds

Beijing's historic commercial streets draw National Day crowds  China.org

Politics

3 w. ago Pfizer’s Metsera acquisition to spur Chinese search for new weight drugs

American pharmaceutical giant Pfizer’s up to US$7.3 billion acquisition of next-generation weight loss drugs developer Metsera will encourage more research spending on innovative products in China but is unlikely to draw new players into the fray, according to analysts. The acquisition of the US company, together with other deals by global pharmaceutical firms, would encourage companies already developing obesity drugs – including those in China – to continue their investments, said the...

Events

4 w. ago WTA China Open 2025 Draw Revealed: Iga Swiatek, Coco Gauff & Qinwen Zheng Lead Star

WTA China Open 2025 Draw Revealed: Iga Swiatek, Coco Gauff & Qinwen Zheng Lead Star-Studded Beijing Battle  The Playoffs

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