Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Global Market: China Resources New Energy's Shenzhen IPO set to rewrite listing recordsChina Resources New Energy has priced its Shenzhen IPO at 10.11 yuan per share and could raise up to 24.5 billion yuan, making it the large...
China seeks to rein in 'unfair' food delivery competition with new rulesChina is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns th...
China signs up 26 financial institutions to digital yuan cross-border payment platformThe agreement will allow participants to join the Cross-border e-CNY Transfer Services, or CBETS, an integrated cross-border settlement pla...
China's DeepSeek closes record $7 billion-plus funding with unusual deal structure: ReportChinese Artificial Intelligence lab DeepSeek has closed its first funding round that raised more than 50 billion yuan ($7.40 billion) und...
Global Markets: Chinese government bonds gain global appeal as investors seek diversification amid market volatilityChinese government bonds are attracting growing interest from global investors as rising geopolitical tensions, particularly the Iran confl...
ByteDance in talks with China's Iluvatar CoreX to purchase AI chipsByteDance, the influential technology entity known for its innovative platforms, is reportedly in discussions to acquire AI chip technology...
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
SpaceX playbook set to fuel China's IPO ambitions but tech gap persistsIn China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamen...
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
Chinese celebrity dog 'Chutou' with over a million followers kidnapped while owner was abroad, sold to meat restaurant and eatenA celebrity dog, Chutou, owned by a travel influencer in China, was allegedly stolen and slaughtered for meat. The incident highlights the ...
DeepSeek slated to draw $7 billion in maiden fundraising, sources sayThe fundraising could value the company after the investment at between 350 billion yuan and 400 billion yuan, or between $52 billion and...