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China Business
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China economy
Robotics
Chinese robotics star Unitree opens Hangzhou factory amid humanoid frenzy
Unitree opened the 10,000-square-metre facility this year, located just 15 minutes from its headquarters.
2 hours ago
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Robotics
China’s humanoid robot sector enters mass production in 2025
21 Apr 2025 - 10:33PM
Electric & new energy vehicles
CATL to mass-produce cheaper, efficient sodium-ion EV batteries
21 Apr 2025 - 10:43PM
Artificial intelligence
Chinese tech giants race to expand AI services market via open-standard protocol
China is seeing growing adoption of the model context protocol, which has become a de facto standard for AI integration.
21 Apr 2025 - 9:52PM
The open model context protocol enables artificial intelligence agents to connect with third-party online tools, data sources and systems. Photo: Shutterstock
E-commerce
JD and Meituan food fight spills into public in Chinese delivery platform spat
In a public letter, JD.com accused a ‘rival platform’ of preventing delivery riders from using multiple platforms, for which Meituan was fined in 2021.
21 Apr 2025 - 9:30PM
China stock market
Why China’s onshore stocks have weathered global turmoil and volatility
State-backed buying of nearly 160 billion yuan worth of ETFs and solid economic data have underpinned market sentiment, analysts say.
21 Apr 2025 - 3:25PM
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Fintech
Digital wallets are finally taking hold in Hong Kong, report shows
A survey found that 42 per cent of Hongkongers use Alipay and 22 per cent use Apple Pay, but credit cards are likely to remain relevant.
20 Apr 2025 - 5:00PM
Passengers pay for the Star Ferry from Tsim Sha Tsui to Central next to an advertisement for Alipay on December 19, 2024. Photo: Jelly Tse
Wealth management
Smell of success: fresh Malaysian durians are taking bite out of China’s market
While Thailand dominates durian sales in China, sales of the Malaysian fruit have grown tenfold from last year, industry insiders say.
21 Apr 2025 - 3:04PM
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Video gaming
Tencent-backed Hero Esports leverages AI in bid to become global leader
CEO Danny Tang said the esports tournament organiser is pilot-testing AI models, including DeepSeek, in ‘all aspects of the business’.
20 Apr 2025 - 5:40PM
Artificial intelligence
Alibaba’s AI cancer detection tool clears FDA hurdle for faster approval process
The tech giant’s Damo Academy secured a “breakthrough device” designation from the US regulator for its pancreatic cancer-detecting AI model, Damo Panda.
20 Apr 2025 - 9:30AM
Robotics
China’s humanoid robot half marathon winner wants to be ‘Android’ of robotics
Likening its tech to Google’s Android, the state-backed X-Humanoid is seeking a greater role in China’s highly competitive robotics industry.
21 Apr 2025 - 6:13PM
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The Beijing Humanoid Robot Innovation Centre’s Tien Kung Ultra robot competes in China’s first half marathon for humanoid robots as engineers run alongside it. Photo: Xinhua
DeepSeek
From gifted student to AI hero, DeepSeek founder inspires a nation
Hailing from an obscure village in southern China, Liang Wenfeng has risen from humble roots to become a household name.
19 Apr 2025 - 11:00AM
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Banking & finance
Tightened rules to shut many LGFVs out of Shanghai bond market, Fitch says
China has pledged to trim debts among local government financing vehicles by 2.3 trillion yuan (US$315 billion) by 2028.
18 Apr 2025 - 9:08PM
Smartphones
Apple’s China smartphone shipments fall in first quarter ahead of Trump’s tariffs
Apple was the only top-five-ranked smartphone vendor in China to record a drop in shipments last quarter.
18 Apr 2025 - 9:00PM
Semiconductors
Tech war: founder of Chinese chip equipment maker AMEC renounces US citizenship
The change of citizenship for AMEC’s Gerald Yin Zheyao, 81, comes amid the escalating tech war between the world’s two largest economies.
18 Apr 2025 - 8:00PM
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The Shanghai headquarters of semiconductor gear maker Advanced Micro-Fabrication Equipment. Photo: SCMP
E-commerce
Shein, Temu to increase US prices next week, reflecting new tariffs
In nearly identical statements, Shein and Temu said prices would increase following US policy changes expected to impact how they operate.
18 Apr 2025 - 5:30PM
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China trade
Myanmar earthquake may have disrupted China’s rare earth supplies
The disaster may have damaged mines and transport routes in Myanmar, which is China’s main supplier of rare earth elements, analysts say.
18 Apr 2025 - 2:38PM
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China stock market
Chinese onshore stocks fall as tariff talks make no headway
Trade tensions rise after US says Chinese ships would be required to pay fees when docking at US ports.
18 Apr 2025 - 4:25PM
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A screen showing the CSI 300 Index is seen at a mall in Guangzhou. Photo: AFP
US-China trade war
TikTok to the rescue? China’s factories go viral as US tariffs drive up prices
With tariffs at record levels, mainland suppliers to US market get creative – but industry insiders remain cautious as duties bite.
17 Apr 2025 - 10:10PM
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Tencent
Tencent offers 28,000 internships amid youth unemployment in China
With 12 million fresh graduates entering the job market this summer, Chinese Big Tech companies are ramping up their recruitment efforts.
18 Apr 2025 - 2:08AM
US-China tech war
Alibaba’s Taobao shopping app sees surging downloads in US amid Trump tariffs
Taobao jumped to fifth place from 47th on Apple’s App Store and to third place from 144th among shopping apps on Google Play in a matter of days.
17 Apr 2025 - 8:29PM
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Electric & new energy vehicles
EVs
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China to crack down on EV self-driving technology, ‘autonomous driving’ claims
Beijing warns EV makers and technology providers to adhere to development rules and take care not to overstate capabilities.
17 Apr 2025 - 7:46PM
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An accident in China involving a Xiaomi EV claimed three lives in March. Photo: Weibo/ 章博
US-China trade war
Desperate for sales, China’s traders chase risky deals in emerging markets
With the US market closed off, Chinese exporters are scouring the globe to find new buyers – with mixed results.
17 Apr 2025 - 6:00PM
17
US-listed Chinese stocks
Chinese companies’ ADRs at risk if US severs market ties: Goldman
Companies with high retail exposure, such as Alibaba, are more susceptible to sell-offs if they are forced to delist, Goldman says.
20 Apr 2025 - 10:23PM
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IPO
Chinese tea firm Chagee raises US$411 million in New York IPO, sources say
At US$28 per depositary share, Chagee will be valued at US$5.1 billion, according to its regulatory filings.
17 Apr 2025 - 3:30PM
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