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Shanghai
TOPIC
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Shanghai

Shanghai
Shanghai
With a population of more than 24 million, Shanghai, is a major centre for finance, business and economics, science and technology, and fashion, among other disciplines. It is home to the Port of Shanghai, the world’s busiest container port, and Shanghai Pudong International Airport, one of the world’s 10 busiest airports by passenger traffic.
Head of Government
Party Secretary of Shanghai Chen Jining
Scientists in the biotech sector fear China will impose restrictive regulations after a child died in a gene-editing trial in 2025. Photo: Shutterstock
Science

China biotech sector fears policy backlash after girl dies in gene-editing trial

Scientist says child’s death reveals ‘serious failures in risk assessment, transparency and institutional oversight’.

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Yuan

China stokes panda bond boom in bid to grow tiny market

Robotics

China sweeps global humanoid robot start-up ranking as US imposes ban

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US-China relations

Should China aim for the lead in making AI rules for the world?

Moonshot AI’s Kimi K3 has exposed gaps in global governance, and the first and best will win, Chinese institute says.

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Moonshot AI’s Kimi K3 model has sent shock waves through Silicon Valley and the White House. Photo: Reuters
Bonds

Shanghai Clearing House targets global growth with expanded offshore yuan push

SHCH will broaden its clearing services across offshore yuan bonds, interest rates and foreign exchange products.

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China trade

Indonesia wants to move beyond raw materials. Will its China ties suffer?

Beijing and Jakarta enjoy unprecedented economic interdependence – but shifting priorities in Indonesia threaten to strain the partnership.

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Mainland China

Video | Chinese chipmaker stock surges 466% in a day

The company has a market capitalisation of 3.28 trillion yuan (US$484.7 billion) as of July 27, making it mainland China’s most valuable onshore listing.

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China travel

All went wrong: A380 flight to China becomes 10-hour ordeal

The rare sight of an Emirates Airbus at Hangzhou became chaotic as 373 passengers were left stranded on board amid a logistical nightmare.

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Semiconductors

China’s DUV progress not the biggest threat to ASML, analysts say

Dutch leader’s dominance in chipmaking gear not at risk amid China’s lithography push – unless the US steps in.

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Semiconductors

China chip dreams still face long road even after breakthrough

The reported start of production of chipmaking equipment in China has shaken up the global industry, even with efforts still trailing far behind leaders.

A High NA EUV machine at ASML’s headquarters in the Netherlands. Photo: ASML
China exports

China-made vessel carries record EVs in shipment from Shanghai to Europe

A new China-made roll-on, roll-off carrier set a new domestic record for number of vehicles shipped in one voyage.

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Vehicles prior to shipment to overseas markets at a port in Shanghai, China on July 14. Photo: AP
Artificial intelligence

Exclusive | Chinese AI developers may shift to ‘paid weights’: Goldman Sachs

As use of Chinese artificial intelligence soars, companies will look to boost revenue capture, says bank’s head of Asia internet research.

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China stock market

Trump or trap: should China’s stock market entice investors with ‘good bubbles’?

Analysts say China’s risk-averse financial policy is diverting capital to Wall Street, advising the building of ‘good bubbles’ to promote growth.

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US-China relations

US congressional group plans annual visits to China after trade trip

The fact-finding mission by members of a congressional advisory body to Beijing, Shanghai and Hangzhou was the first of its kind since 2019.

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A US congressional advisory panel focused on China has returned from their trip. Photo: Shutterstock
Tencent

Moonshot, DeepSeek and chips: a guide to Tencent’s growing AI empire

A look at some of the key companies in Tencent’s growing AI portfolio, from model makers to chip designers.

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The Tencent booth at the World Artificial Intelligence Conference in Shanghai, July 17, 2026. Photo: CN-STR/AFP
Semiconductors

CXMT projected to further soar as it narrows gap with Samsung, Micron, SK Hynix

Company’s wafer expansion and AI demand could lift its DRAM share and more than double the stock’s value, analysts say.

Semiconductors

CXMT surge shows why China stock buyers see IPOs as one-way bet

Chipmaker CXMT skyrocketed on its first day of trading on Shanghai’s Star Market, fuelled by a low IPO valuation and surging global demand for DRAM memory.

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Semiconductors

China’s CXMT soars 466% on debut to become most valuable mainland-listed firm

The DRAM maker saw debut turnover top 140 billion yuan, becoming the first mainland-listed stock to surpass 100 billion yuan in single-day trading.

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CXMT is China's top DRAM manufacturer. Photo: Reuters
My Life

Darwin Chen, doyen of Hong Kong culture, talks turning misery into purpose

Having blazed a trail in government and across the NGO spectrum, the City Hall stalwart reflects on a remarkable life stewarding Hong Kong’s artistic scene.

Science

Chinese scientist faces probe after girl dies ‘after experimental gene therapy’

Shanghai Jiao Tong University says it is investigating after a report alleges the child died after receiving treatment from Qiu Zilong.

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China’s private sector

How Beijing became China’s biggest tech venture capitalist, from AI to chips

China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation.

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Illustration: Davies Christian
China's military weapons

Is China building a new type of attack submarine? Images hint at stealth gains

Vessel spotted at Shanghai shipyard features smaller sail, suggesting a new class of nuclear sub with better range, analysts say.

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A US Navy officer has projected that China will have a fleet of about 80 submarines by 2035, roughly half of them nuclear-powered. Photo: Shutterstock Images
IPO

Chinese GPU start-up MetaX confidentially files for Hong Kong listing: sources

Firm’s year-end listing plan underscores China’s chip self-reliance and follows Biren, Iluvatar and Moore Threads in the fundraising rush.

China trade

Beijing to upgrade railway freight services to Europe

Agreement to build first phase of a multifunctional terminal at Kuryk, a Kazakh port on the Caspian Sea, signed in Shanghai recently.

Mainland China

Vatican, Beijing agree on new China bishop as ordination fills 20-year vacancy

Appointment of Roman Catholic prelate in Inner Mongolia highlights uneasy yet continuing diplomatic engagement on sensitive issue.

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Joseph Chang Yanfeng has been ordained bishop of the Catholic diocese of Chifeng in China’s northern Inner Mongolia autonomous region. Photo: Handout
China's economic recovery

China’s income tax revenue soars 13% – but average pay has little to do with it

Local authorities are turning to stricter tax enforcement to shore up mounting budget strains, even as broader income growth lags.

A man stands at a crossroads in Lujiazui financial district in Pudong, Shanghai, on March 5, 2021. Photo: Reuters
China stock market

Investors fret as China’s A-share divorces echo Bezos’ Amazon split

Retail investors worry about secondary share-price movements following equity transfers resulting from large shareholders’ divorces.

Science

China targets new space-based computing network to process data born in orbit

SpaceX views orbital computing as a solution to Earth’s constraints, but China hopes to process data at the source to optimise efficiency.

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