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People at the CES trade show watch Dreame’s prototype Cyber X robot vacuum cleaner, the first such product designed to climb up and down an entire flight of stairs and handle multilevel cleaning. Photo: AFP
Artificial intelligence

Chinese robot vacuum maker Dreame sees AI-driven appliances run household chores

The firm’s ambition is to become a ‘world-class technology company’, global president Chang Xinwei says.

Semiconductors

China semiconductor expert suggests vigilance in buying Nvidia’s H200 AI chips

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Made in China 2025

Chinese biotechs strike a record US$136 billion in out-licensing deals in 2025

Retailing

Furniture retailer Ikea to close 7 stores in China amid property market slump

The firm plans to open more than 10 small-format outlets in key cities over a two-year period.

Ikea’s new strategy underscored the retailer’s sharpened focus on the furniture-replacement segment of the market, as new-home furnishing demand had declined. Photo: Shutterstock
Ikea’s new strategy underscored the retailer’s sharpened focus on the furniture-replacement segment of the market, as new-home furnishing demand had declined. Photo: Shutterstock
Technology

Singapore, Beijing land in top 10 of Savills’ Matcha Index of global tech cities

Even with its premium-priced matcha drinks, Singapore ranks among the world’s most ‘liveable’ cities for tech workers.

Banking & finance

China’s wealthy swap real estate for insurance, gold as retirement looms

Declining returns on property are prompting China’s affluent to diversify their investments, including high-value insurance policies and gold.

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Artificial intelligence

China takes confident strides to develop more AI innovation in 2026

‘China’s tech innovation is poised for policy-driven growth in 2026, with AI placed at the centre of the country’s economic agenda,’ NYU’s Winston Ma says.

Illustration: Henry Wong
Illustration: Henry Wong
Semiconductors

China’s top contract chipmakers pursue acquisitions amid self-sufficiency drive

Hua Hong Semiconductor set to close a US$1.2 billion deal, days after SMIC says it will take full control of a subsidiary for US$5.8 billion.

Semiconductors

US grants TSMC annual licence to import American chipmaking tools into China

The approval ‘ensures uninterrupted fab operations and product deliveries’, according to the world’s largest contract chipmaker.

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Artificial intelligence

China’s Moonshot AI raises US$500 million in latest funding round: report

The Kimi AI model developer is now valued at US$4.3 billion, with cash reserves worth US$1.4 billion.

Kimi developer Moonshot AI is in no rush to go public after raising a hefty sum in its latest funding round. Photo: Shutterstock
Tourism

China’s Gen Z consumers drive rise in homestay bookings to ring in the new year

Gen Z travellers made up more than 50 per cent of total homestay bookings for the 2026 New Year’s holiday period.

Bookings for stand-alone villas during the 2026 New Year’s holiday period have surged, according to Tujia. Photo: Shutterstock
Bookings for stand-alone villas during the 2026 New Year’s holiday period have surged, according to Tujia. Photo: Shutterstock
Semiconductors

Nvidia asks chipmaker TSMC to ramp up H200 production amid China demand: sources

Chinese tech companies place orders for more than 2 million H200 chips for 2026, according to sources.

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Artificial intelligence

China-founded Tripo AI updates 3D content platform as users more than double

‘This shows that we’re on the right track,’ founder and CEO Simon Song Yachen says.

Robotics

Chinese robot vacuum maker Dreame gives staff gifts of gold, trip to Antarctica

Dreame’s surprise largesse reflects its robust business growth in 2025, as it remains one of the world’s top robot vacuum cleaner brands.

A Dreame 10s Ultra robot vacuum cleaner. Photo: Dreame
Greater Bay Area

Greater Bay Area assets poised to lead surge in China’s expanding C-REIT market

By the end of last month, China had nearly 80 C-REITs, raising a total of over US$28.3 billion, according to Cushman & Wakefield.

A view of skyscrapers from a pedestrian bridge in Shenzhen, the southern tech hub in Guangdong province. Photo: Xinhua
A view of skyscrapers from a pedestrian bridge in Shenzhen, the southern tech hub in Guangdong province. Photo: Xinhua
Smartphones

Xiaomi’s 17 Ultra, backed by Leica, challenges Apple’s iPhone Pro Max in imaging

The 17 Ultra’s US$998 starting price is nearly 8 per cent higher than the previous generation owing to the soaring cost of memory chips.

Artificial intelligence

ByteDance, other major Chinese tech firms lead local consumer AI market: report

ByteDance-owned Doubao remains the country’s top consumer AI app, as DeepSeek’s namesake chatbot takes the No 2 spot.

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Yuan

China expands digital-yuan push to Singapore and Asean trade routes

PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via China’s CIPS payment network.

A customer makes a payment using China’s digital currency, or e-CNY, at a store in Beijing. Photo: Getty Images
A customer makes a payment using China’s digital currency, or e-CNY, at a store in Beijing. Photo: Getty Images
Retailing

‘C-beauty’ cosmetics brands find retail expansion outside China a slow slog

‘For established domestic cosmetics companies attempting to expand abroad, progress is still in its early stages,’ CLSA’s Chris Gao says.

Semiconductors

Nvidia aims to start H200 AI chip shipments to China by mid-February: sources

The US chip designer plans to fulfil initial orders from existing stock, with shipments expected to total 40,000 to 80,000 H200 chips.

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Banking & finance

Global firms turn to M&A in EVs and biotech to deepen China investment: KPMG

Survey of multinational corporations finds optimism in life sciences, healthcare and manufacturing, with half forecasting revenue growth.

Healthcare and life sciences are the top growth prospects over the next three to five years, according to multinational corporations. Photo: Xinhua
Banking & finance

Chinese AI, chip start-ups court global investors with Hong Kong listing plans

GigaDevice and Montage are each aiming to raise as much as US$1 billion from Hong Kong listings as early as January, report says.

The MetaX booth at the World Artificial Intelligence Conference in Shanghai, July 26, 2025. Photo: CFOTO/Future Publishing via Getty Images
The MetaX booth at the World Artificial Intelligence Conference in Shanghai, July 26, 2025. Photo: CFOTO/Future Publishing via Getty Images
US-China relations

US highlights Panama security ties as China-linked canal ports deal stalls

US envoy’s coastguard visit near Panama comes as Beijing presses for Cosco control and Washington pushes back.

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Artificial intelligence

Tencent shakes up AI operations, names recent recruit as chief AI scientist

Vinces Yao Shunyu now serves as chief AI scientist under the CEO’s office, reporting directly to Tencent president Martin Lau.

Made in China 2025

China’s new drug insurance: lifeline for patients or squeeze on big firms?

New insurance formulary trims costs of Alzheimer’s and cancer therapies and marks a small win for global novel drug makers.

The commercial insurance formulary covers some medicines that are not yet eligible for reimbursement under the country’s National Reimbursement Drug List. Photo: Shutterstock
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