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Shanghai
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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
Mahan Air has been under US sanctions since 2011 over its alleged support for Iran’s Islamic Revolutionary Guard Corps. Photo: Reuters
US-China relations

US sanctions Mahan Air’s China network over alleged support for Iran’s IRGC

Two Shanghai companies and a Chinese executive targeted as Washington expands pressure campaign from Iranian oil to aviation and cargo.

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Robotics

Unitree to launch IPO next week as US-China robotics rivalry intensifies

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Ant Group

Ant Group spin-offs pursue independent growth with strategic capital moves

Transport and logistics

End of the 3-yuan ride? Shanghai considers first subway fare increase since 2005

Surging operational costs and strained municipal budgets are forcing mainland transit authorities to review long-suppressed fares.

A man passes through a turnstile at a metro station in Shanghai. The city is considering raising fares for the first time in more than two decades. Photo: VCG via Getty Images
Hangzhou

Video | Emirates passengers stuck on tarmac in China for 10 hours

Emirates Flight EK302 from Dubai was forced to divert to Hangzhou because of stormy weather that made landing at Pudong Airport too dangerous.

China shipbuilding

Shipbuilders secure large-scale orders as China pushes for premium construction

Buyers in both domestic and international markets submit requests for vessels as the industry’s momentum continues.

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Electric & new energy vehicles

BYD to debut first humanoid robots in August as rivalry with Tesla intensifies

China’s electric car giant plans to unveil the humanoids at its Di Space showrooms within weeks, as it takes on Elon Musk’s firm in physical AI.

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Stella Li, BYD's executive vice-president, at a press conference before the start of the International Motor Show (IAA Mobility) in Munich on September 8, 2025. In June, Li said the company had invested in humanoid robots. Photo: DPA
China stock market

China’s market clean-up: Beijing cracks down on insider trading

Regulators intensify pursuit of corporate insiders, imposing fines and bans to restore stock market confidence amid widespread violations.

High Jewellery

De Beers Group unveils its Desert diamonds campaign in Shanghai

The Shanghai event drew top retailers like Chow Tai Fook and Chow Sang Sang, alongside global diplomats and influencers.

Gold in Hong Kong

HK’s gold imports set to rise after hitting 11-year high last month: analysts

Investor appetite, international precious metals trading hub ambitions drive growth as imports hit highest volume since late 2014.

Gold bars: 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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Scientists in the biotech sector fear China will impose restrictive regulations after a child died in a gene-editing trial in 2025. Photo: Shutterstock
Yuan

China stokes panda bond boom in bid to grow tiny market

Overseas borrowers in China’s onshore yuan debt market will avoid some fees until 2028 as regulators seek to grow international use of the currency.

Robotics

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

The LexisNexis study identified a ‘clear shift towards China’ in the humanoid robot race, with the US falling behind.

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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 is taking steps to expand the offshore yuan pool by pushing a new model to boost international sales of its domestic bonds. Photo: CFOTO/Future Publishing via Getty Images
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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An Emirates Airbus A380. Photo: dpa
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.

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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Goldman Sachs Asia analyst Ronald Keung on July 22. Photo: Jonathan Wong
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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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.

Workers at a booth for CXMT wait for visitors at the China International Semiconductor Expo in Beijing. Photo: AP
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.

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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