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Money & Wealth

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The Yantai Port is seen in China’s Shandong province last month. For those in China’s cross-border trade business, a sweeping tax crackdown is beginning to be felt. Photo: Xinhua
Banking & finance

As China intensifies offshore tax hunt, exporters struggle with compliance

Beijing leverages big data and global info exchange to chase undeclared overseas wealth, with fiscal needs seen driving the push, forcing compliance across sectors.

US-China trade war

US Treasury chief warns of China’s push for digital asset dominance

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IPO

Morgan Stanley sees another record year for Hong Kong IPOs as pipeline hits 450

China GDP

China’s financial powerhouse Shanghai aims for 5% growth, ‘global influence’

Chinese megacity ranks in the world’s five most powerful metros after New York, Tokyo and Los Angeles, with a GDP of 5.67 trillion yuan.

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People walk at the Bund by the Huangpu river with skyscrapers of the Lujiazui financial district in the background, in Shanghai. Photo: Reuters
People walk at the Bund by the Huangpu river with skyscrapers of the Lujiazui financial district in the background, in Shanghai. Photo: Reuters
Banking & finance

China pushes to shore up government finances with tax rises on several sectors

Beijing targets tax incentives in telecoms and other industries after seeing fiscal revenue drop sharply in late 2025.

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Banking & finance

Chinese gold, silver investors face gut check amid volatility, fund suspensions

Some retreat to the sidelines as another fund suspends new investments and futures plunge, while others remain determined to buy the dip.

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Pop Mart

Labubu toymaker Pop Mart picks London as European headquarters in overseas push

CEO Wang Ning reveals firm’s latest expansion plan at Friday’s closed-door meeting with UK Prime Minister Keir Starmer.

A shopper walks inside a Pop Mart store in London on May 21, 2025. Photo: Xinhua
A shopper walks inside a Pop Mart store in London on May 21, 2025. Photo: Xinhua
E-commerce

China slaps US$3.7 million fine on Kuaishou for live-streaming e-commerce breach

The penalty reflects a broader regulatory crackdown on content and operations deemed undesirable or harmful on Chinese online platforms.

Semiconductors

China’s Wingtech, owner of Nexperia, expects wider loss amid row over chipmaker

Wingtech projects a loss of up to US$1.9 billion in 2025, owing to the Dutch government’s takeover of Nexperia.

Semiconductors

Profits rise for China’s semiconductor firms on AI boom, tech self-reliance push

Domestic A-share companies in the sector are forecast to achieve substantial growth in their 2025 results, according to Donghai Securities.

The results reflect investors’ sharpened focus on stocks related to integrated circuits, semiconductor manufacturing equipment and storage solutions. Photo: Shutterstock
China manufacturing

China’s factory activity contracts in January on weak domestic demand

The official purchasing managers’ index drops to 49.3 in January, from 50.1 in December.

A worker is seen on a wire harness production line at an electronics factory in Shangqiu, a city in central Henan province, on January 27, 2026. Photo: Xinhua
A worker is seen on a wire harness production line at an electronics factory in Shangqiu, a city in central Henan province, on January 27, 2026. Photo: Xinhua
Artificial intelligence

China tech giants ByteDance and Alibaba to ramp up AI infrastructure efforts

The two firms’ actions are poised to further intensify the global AI arms race.

Banking & finance

China’s ‘gold fever’ sparks US$1 billion scandal as trading platform collapses

Chinese platform JWR faced a liquidity crisis as investors rushed to cash in on surging gold prices, leaving customers billions of yuan out of pocket.

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Artificial intelligence

‘Teach our children well’: Jack Ma urges changes to China’s education in AI era

China’s educators must teach students to ask thousands of good questions, rather than give the same correct answer, Ma says.

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Alibaba Group Holding founder Jack Ma speaks to Chinese rural teachers in a video conference call on Monday. Photo: Jack Ma Foundation
Artificial intelligence

Alibaba’s Qwen-3 becomes one of world’s first AI models to operate in orbit

The entire Qwen-3 process – from uploading queries to on-orbit inference and sending results back to Earth – took less than two minutes.

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Adaspace Technology’s constellation of 12 satellites, equipped with AI-powered computing systems, was launched on May 14, 2025. Photo: Handout
Adaspace Technology’s constellation of 12 satellites, equipped with AI-powered computing systems, was launched on May 14, 2025. Photo: Handout
Commodities

Gold surge has analysts eyeing new highs after US$5,100 record

Safe-haven demand spikes amid de-dollarisation fears and supply-chain tensions, as gold buyers seek stability against growing macro uncertainties.

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Banking & finance

Global funds, from BlackRock to Temasek, back China’s largest biotech firms

Global institutional investors have built up sizeable positions in firms including Innovent, 3SBio, WuXi Biologics, Jiangsu Hengrui, Akeso and BeOne.

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Artificial intelligence

China-founded Shanda’s AI lab boosts Singapore operation, pulling China research

MiroMind asks some staff in Shanghai to relocate and continue their AI research work in Singapore, sources say.

People gather next to the Merlion statue at the Marina Bay Waterfront Promenade in Singapore. Photo: AFP
People gather next to the Merlion statue at the Marina Bay Waterfront Promenade in Singapore. Photo: AFP
Low-altitude economy

Shanghai to open ‘free-to-fly’ zones covering 46% of city for consumer drones

From February 1, consumer drones will be allowed to fly in designated airspace under new rules to boost the city’s low-altitude economy.

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Made in China 2025

Exclusive | China challenges US in AI drug race, but rivals still reliant on each other

While US biotech firms increase use of Chinese clinical data, Chinese firms need US counterparts for monetisation, investor and scientist says.

Robotics

China’s Unitree ships over 5,500 humanoid robots in 2025, surpassing US peers

The Hangzhou-based firm’s output far outstripped the roughly 150 units each shipped by Tesla, Figure AI and Agility Robotics last year.

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A G1 humanoid robot model from Unitree waves at visitors during the 21st China International Equipment & Manufacturing Industry Expo in Tianjin on March 6, 2025. Photo: Xinhua
Artificial intelligence

Tencent seeks cooperation with other AI firms to better serve vulnerable users

Tencent Research Institute looks to build expert data sets for AI models that could broadly benefit the world’s second most populous nation.

Tencent Research Institute is looking to improve the output of generative AI services when interacting with the elderly and other vulnerable users in society. Photo: Shutterstock
Tencent Research Institute is looking to improve the output of generative AI services when interacting with the elderly and other vulnerable users in society. Photo: Shutterstock
Banking & finance

In wake of Trump post, calls mount for China to impose rate cap on online loans

Beijing tightened oversight of China’s online lending market last year, but many are still borrowing, especially those of younger generations.

Banking & finance

Scam, corruption cases spark Chinese debate about future of virtual money

The Chen Zhi arrest might push bitcoin prices down temporarily, but analysts said other factors will have greater sway in the long term.

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China stock market

China pushes slow bull run with tightened margin financing rules

‘Investors should reduce their leverage levels to guard against the risk of volatility,’ BOC International’s Wang Jun says.

The tightened margin trading rules’ immediate impact was to cool market sentiment. Photo: Shutterstock
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