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Leung Chuen-yan, partner for healthcare investment at Value Partners Group. Photo: Edmond So

China Business

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.

Chinese-owned Temu catches up with Amazon in global cross-border e-commerce

DeepSeek a year on: how a Chinese start-up sparked a global AI arms race

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Tech Trends

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
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

Tech Trends

Explainer | Global memory chip crunch set to intensify amid Trump’s new industrial policy

US Commerce Secretary Howard Lutnick says major memory chipmakers could either pay 100 per cent tariff or build their products in America.

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Banking & Finance

China’s securities regulator clamps down on speculation to prevent sharp swings

CSRC signals it wants a slower but longer stock market rally after trading volumes and margin financing hit record highs.

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Tech Trends

UBTech partners with Airbus to bring humanoid robots to aviation manufacturing

The deal follows a similar one with US semiconductor maker Texas Instruments, underscoring the Chinese firm’s accelerated overseas push.

In this screengrab from video footage released by UBTech, hundreds of Walker S2 humanoid robots stand in precise formation inside a warehouse. Photo: Baidu
In this screengrab from video footage released by UBTech, hundreds of Walker S2 humanoid robots stand in precise formation inside a warehouse. Photo: Baidu

Banking & Finance

HKMA unveils 20-point road map to modernise Hong Kong’s trade finance ecosystem

Project CargoX aims to digitalise Hong Kong’s trade finance, expand SME lending and strengthen connectivity with mainland China and Asean.

Tech Trends

Ant-backed Chinese AI agent developer DeepWisdom aims to help solo entrepreneurs

The system, powered largely by open-source AI models, seeks to deliver a finished product without the user writing a single line of code.

China Business

China’s drug and medical device sector fuels growth with record licensing deals

China’s pharmaceutical industry surges on ageing demand and global expansion, with revenue forecast to top US$2.1 trillion by 2030.

Innovative drugs are expected to outpace other segments with an annualised growth of 20 per cent between 2026 and 2030, according to UBS. Photo: Shutterstock

Banking & Finance

China’s advances in AI fuel tech stock boom, help it shake off economic malaise

China’s rise recasts the country from a low-cost base to a credible US tech challenger, just as global capital hunts for next growth engine.

Thanks to fresh progress in sectors from flying cars to robotics, Chinese tech shares have begun the new year with a bang. Photo: AP
Thanks to fresh progress in sectors from flying cars to robotics, Chinese tech shares have begun the new year with a bang. Photo: AP

Big Tech

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.

Big Tech

China curbs US AI chips, shuns foreign capital in pursuit of tech self-reliance

These restrictions signify a new phase in the US-China tech war where ‘offensive and defensive roles have shifted’, says an analyst.

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Policy

Hong Kong bolsters tech hub ambitions as city hosts global AI summit

Hong Kong’s turn to host a summit under WAIC reflects Beijing’s confidence in the city’s strategic development goals.

Hong Kong’s Secretary for Innovation, Technology and Industry, Sun Dong (fourth from left), joins other dignitaries on Friday, during the city’s inaugural turn as host of a summit under the World Artificial Intelligence Conference at the Hong Kong Science Park. Photo: AFP

Global Economy

TSMC buys up land in Arizona as Taiwan pledges US$500 billion US tech investment

Chip giant TSMC plans to build a ‘gigafab cluster’ in the US, with Taiwan committing to US$500 billion investment under a new trade deal.

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Morris Chang, founder of Taiwan Semiconductor Manufacturing Company (TSMC), gives a speech at the company’s production site in Phoenix, Arizona, in 2022. The firm has now bought a second tract of land adjoining the site. Photo: AP
Morris Chang, founder of Taiwan Semiconductor Manufacturing Company (TSMC), gives a speech at the company’s production site in Phoenix, Arizona, in 2022. The firm has now bought a second tract of land adjoining the site. Photo: AP

Tech Trends

Alibaba’s upgraded Qwen chatbot app receives warm consumer reception

Qwen’s upgrade transforms the chatbot into a virtual ‘life assistant’, making lives easier for hundreds of millions of consumers.

Big Tech

China dominates global humanoid robot market with over 80% of installations

AgiBot and Unitree help China capture bulk of global deployments in 2025 as market heads for sixfold growth by 2027, report says.

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Tech War

How Nexperia saga exposes Europe’s waning influence in US-China chip war

The dispute around the Dutch chipmaker shows the erosion of Europe’s geopolitical neutrality in the face of escalating US-China rivalry.

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Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen
Nexperia is caught in a geopolitical tussle between the Netherlands and China. Illustration: Lau Ka-kuen

Tech War

China’s lesson for the US: it takes more than chips to win the AI race

The AI war is increasingly waged among ‘hyperscalers’ – companies with full-stack capabilities across software, hardware and applications.

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Tech War

How Huawei and DeepSeek are tending the garden of China’s AI aspirations

Amid growing AI rivalry with the US, the two companies are leading China’s drive to shake off the nation’s dependence on Nvidia processors.

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Big Tech

Immediate gratification: instant commerce transforms China’s retail market

Instant commerce has developed over a short period of time, as providers expanded their on-demand delivery coverage beyond food.

Illustration: Henry Wong
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China Future Tech
HIGHLIGHTS FROM
China Future Tech

Big Tech

China curbs US AI chips, shuns foreign capital in pursuit of tech self-reliance

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Illustration: Henry Wong

China Business

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

Leung Chuen-yan, partner for healthcare investment at Value Partners Group. Photo: Edmond So

China Business

Chinese automotive suppliers speed up localisation to boost global market share

BYD’s plant in Zhengzhou, central China’s Henan province. Photo: Xinhua

Tech War

DeepSeek a year on: how a Chinese start-up sparked a global AI arms race

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DeepSeek’s meteoric rise has propelled the growth of the open-source AI ecosystem by spurring its competitors to join the movement. Photo: Shutterstock

Tech Trends

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

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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
MORE IN China Future Tech
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OPINION
Shaoshan Liu

Opinion | In the tech race, Europe can choose a path that sidesteps US-China rivalry

Shaoshan Liu
Kun Tian

Opinion | Hong Kong’s fertile ground for AI IPOs aligns with China’s tech strategy

Kun Tian
Mark Purdy

Opinion | The global AI race: 3 scenarios the world must prepare for

Mark Purdy
Mark Pirie,Christopher Tang

Opinion | Why reducing AI harm requires more than tech firms’ empty promises

Mark Pirie
Christopher Tang
Patrick Winter

Opinion | Asia needs AI talent to fuel its future growth

Patrick Winter
Anthony Rowley

Macroscope | Can AI deliver the economic goods and high returns? Don’t count on it

Anthony Rowley
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MULTIMEDIA
Video

The great AI schism: China and US are superpowers with very different playbooks

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Video

The DeepSeek shock wave: China’s Sputnik moment

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Video

The talent engine: powering China’s AI rise

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Video

Digital ‘Tamagotchi’ pets mark 30 years

The egg-shaped plastic toys that were a playground craze in the 1990s feature digital pets needing to be cared for like live household animals.
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TRENDING TOPICS
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