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A scene in dance drama Azure After The Rain, staged during the China Shanghai International Art Festival in 2024. Photo: Handout

Shanghai banks on top international artists to draw tourism spending

A recent month-long arts festival drew 20,000 visitors from abroad, according to organisers, boosting officials’ confidence in the strategy.

Meet rebellious British-Chinese aristocrat Lady Venetia Baring

Netflix star hails Hong Kong’s beauty as he battles city’s fittest at Hyrox event

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Homebuyers snap up flats at Wang On’s 101 King’s Road project amid market revival

Located at 101 King’s Road, near Fortress Hill MTR station, the project offers one-to-three-bedroom flats from 244 sq ft to 434 sq ft.

Aerial view of the site of the new Wang On project at 101 King’s Road in North Point. Photo: Handout

Global CEOs see new hopes, old threats in Hong Kong vs Trump 2.0

‘People are leery of investing a lot of money in a country that is part of geopolitical tensions,’ Oaktree Capital’s Howard Marks says.

Alibaba bets on retailing chief Jiang Fan to bolster e-commerce momentum

The merger of Alibaba’s domestic and overseas e-commerce businesses is expected to improve the firm’s operational and financial performance.

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New World Development ejected from Hang Seng Index

Quarterly review adds video platform Kuaishou Technology and New Oriental Education & Technology to the Hong Kong benchmark.

A view of New World Tower in Central on September 26, 2024. Photo: Jelly Tse

Amazon invites Chinese sellers to new bargain marketplace Haul

The US e-commerce giant is aggressively promoting its new budget-shopping platform this holiday season to take on Temu and Shein.

China hits jackpot with discovery of ‘massive’ gold reserves in Hunan

The US$80 billion hoard is the latest fruit of China’s drive to find new domestic precious minerals reserves.

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China’s largest brokerage emerges from Guotai Junan-Haitong merger

Haitong’s shareholders will be able to swap their shares for Guotai Junan stock or receive cash in lieu.

Guotai Junan Securities and Haitong Securities announced the details of their merger plan on Friday. Photo: Shutterstock

Hong Kong’s wealth sector thrives as political uncertainty, geopolitics swirl

The Capital Investment Entrant Scheme, launched in March, has brought in more than HK$20 billion from 670 applications, Paul Chan says.

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Net inflows into wealth management products offered in Hong Kong nearly tripled to HK$341 billion in 2023, from a year earlier. Photo: Eugene Lee

Citigroup CEO meets Chinese officials as Beijing touts financial market reforms

Fraser said the Wall Street bank will ‘further its participation in the market to help promote US-China economic ties and trade’.

Unprofitable Chinese EV makers face ‘do-or-die moment’

Only those that can sustain operations without external funding will stay in the race amid overcapacity and tariff woes, analysts say.

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Chinese biotech firms brace for Trump tariffs, US funding bill

Efforts to expand sales of high-value products in China and non-US markets would cushion the blow, analysts say.

A robotic surgical system is displayed during the 2024 China Medical Equipment Conference in southwest China’s Chongqing Municipality on March 29, 2024. Photo: Xinhua

China creates new AI advisory body, with Alibaba Cloud founder as chief expert

The AI Experts Committee is expected to promote China’s perspective on how the fast-growing technology should be governed.

The creation of China’s AI Experts Committee was announced during the 2024 World Internet Conference held in Wuzhen, eastern Zhejiang province. Photo: Xinhua

Is Starbucks seeking help from a partner to regain its perk in China?

Starbucks is ‘working to find the best path to growth, which includes exploring strategic partnerships’, according to a statement.

China’s second-richest man demands apology from ByteDance founder

Zhong Shanshan, founder of bottled-drinks giant Nongfu Spring, blames ByteDance’s social media apps for perpetuating online assaults.

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Why China’s EV battery industry could hit 10 trillion yuan despite overcapacity

Nation’s ‘most criticised scientist’ Ouyang Minggao says lithium-ion advances could power sector to new heights, despite current overcapacity.

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Leading battery scientist Ouyang Minggao says China’s battery industry could be worth 10 trillion yuan (US$138 billion) in the future. Photo: File

Alibaba CEO highlights AI advancement at China’s internet forum

The agenda at this year’s Wuzhen summit focuses heavily on AI, as China’s tech rivalry with the US grows.

Blackstone to train Hong Kong wealth managers as private assets gain favour

Alternative asset manager launches Blackstone University programme along with Private Wealth Management Association.

Meituan aims to launch meal deliveries by drones in Hong Kong

The meal delivery giant joins a slew of Chinese tech giants vying for new growth in Hong Kong.

A Meituan drone delivers takeout food to customers in Shenzhen, China. Photo: VCG via Getty Images

Xi Jinping and Brazilian president Lula sign 37 trade and development deals

In remarks with President Luiz Inacio Lula da Silva in Brasilia, Xi praises Sino-Brazilian relations as “at their best in history”.

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Chinese President Xi Jinping is received with state honours by Brazilian President Luiz Inacio Lula da Silva, accompanied by his wife, Rosangela ‘Janja’ da Silva, in Brasilia on Wednesday. Photo: EPA-EFE

Alibaba pulls in US$5 billion from dual-currency bond offering

The deal marks the biggest corporate bond issue of its kind in the Asia-Pacific region this year.

From abusive patients to harassment: mistreatment of China’s medical students

Most medical graduates have experienced at least one form of bad behaviour from superiors or the people they are caring for, study finds.

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Hong Kong urged to boost capital flow with mainland for global market access

Former HKMA head Norman Chan says capital circulation is not as seamless as it used to be.

Norman Chan Tak-lam, the former CEO of the Hong Kong Monetary Authority. Photo: Xiaomei Chen

Hong Kong-led NGO sees ‘success’ against dengue fever as global cases soar

Hong Kong and mainland China teams help reduce spread of mosquito-borne disease in less-developed countries as cases hit record levels worldwide.

Emily Chan (left) checks mosquito netting with a medical worker in East Timor. Photo: Handout

China to lead decarbonisation of global maritime industry, analysts say

China is a step ahead because it is a world leader in electric vehicles, renewable energy and battery supply chains.

‘Money in motion’ as top financiers discuss diversification at Hong Kong summit

The Global Financial Leaders’ Investment Summit will be back for a fourth year next November, HKMA CEO Eddie Yue says.

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China
The latest news, analysis and opinion on China. In-depth analysis, industry insights and expert opinion.
Capital
Beijing
Head of State
President Xi Jinping
Head of Government
General Secretary Xi Jinping
last updated:
27 September, 2024
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