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Trip.com Group is China’s largest online travel services provider. Photo: Shutterstock
Regulation

Beijing opens antitrust investigation into Trip.com before Lunar New Year break

The Trip.com case shows how China’s regulatory inquiries into various online platforms have become the norm.

Artificial intelligence

Video-generation boom sees China’s Kling AI post US$240 million revenue run rate

Artificial intelligence

DeepSeek stays mum on next AI model release as technical papers show frontier innovation

China stock market

UBS projects rosy view of Chinese stocks in 2026 as investors diversify holdings

‘Chinese assets’ appeal will further increase this year because of a sharpened focus on diversified investments,’ UBS’ Thomas Fang says.

A Chinese trader looks at an electronic trading board at the Shanghai stock exchange. Photo: Reuters
A Chinese trader looks at an electronic trading board at the Shanghai stock exchange. Photo: Reuters
Yuan

China’s PBOC sets onshore yuan fixing at strongest point in nearly 16 months

Analysts note how Beijing’s policy goals, such as internationalising China’s currency and curbing overcapacity, are aligning with a firmer exchange rate.

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Artificial intelligence

DeepSeek founder’s High-Flyer ranks among China’s top hedge-fund firms in 2025

Hangzhou-based High-Flyer ranks second among China’s 10 top-performing large hedge-fund managers last year.

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Artificial intelligence

Alibaba’s Qwen family hits 700 million downloads to lead open-source AI adoption

Alibaba Cloud’s Qwen family is the world’s most widely used open-source AI system as of January, Hugging Face data shows.

The volume of Qwen downloads on Hugging Face reinforced its position as the world’s leading open-source ecosystem. Photo: Shutterstock
The volume of Qwen downloads on Hugging Face reinforced its position as the world’s leading open-source ecosystem. Photo: Shutterstock
China exports

Why overseas residency is a ‘practical advantage’ for Chinese firms going global

Local residency is becoming an essential asset for China’s business owners as they go abroad, granting benefits and networking opportunities.

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Retailing

Foreign, Hong Kong retailers shut mainland China stores amid fierce competition

High-profile store closures included those of Lane Crawford, Ikea, Triumph, Zara Home and Zara.

Robotics

Chinese firms, led by AgiBot, outpace US rivals in 2025 humanoid robot shipments

‘Chinese vendors are setting benchmarks in large-scale production,’ Omdia analyst Lian Jye Su says.

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Global humanoid robot shipments reached 13,318 units in 2025, led by Chinese manufacturers. Photo: Shutterstock
Alibaba

Alibaba logistics unit Cainiao opens US-Mexico cross-border service

Cainiao is expected to control key nodes including sorting, line-haul transfer and last-mile delivery for the service.

Cainiao, the logistics arm of Alibaba Group Holding, continues its overseas expansion. Photo: Cainiao
Cainiao, the logistics arm of Alibaba Group Holding, continues its overseas expansion. Photo: Cainiao
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

The US has an inconsistent stance on advanced chips, alternating between limited easing and renewed pressure, Wei Shaojun says.

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Made in China 2025

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

Chinese drug makers signed 157 out-licensing deals with global pharmaceutical firms last year versus 94 a year earlier.

Last year, China approved 76 innovative drugs, including 47 chemical drugs and 23 biologics. Photo: Shutterstock
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
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