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China

Alibaba, JD.com results underscore the slowdown in Chinese consumer demand

by Walter Watson
Alibaba, JD.com results underscore the slowdown in Chinese consumer demand

A person seen walking next to the Alibaba’s corporate logo, in front of its office building at Chaoyang Technology Park in Beijing, China. Sopa Images | Lightrocket | Getty Images …

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Opinion | How youth perspective can help firms future-proof their strategy

by Walter Watson
Opinion | How youth perspective can help firms future-proof their strategy

Being out of touch with young people can have serious consequences. Consider the downfall of Yahoo, which failed to retain users and made a series of corporate missteps. Above all, …

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Thaksin’s daughter Paetongtarn Shinawatra to become new Thai PM

by Walter Watson
Thaksin’s daughter Paetongtarn Shinawatra to become new Thai PM

While the 11-party coalition comfortably backed her through the threshold of 248 lawmakers, Paetongtarn enters a cauldron of political rivalries between opposing elite factions, with her father and the Shinawatra …

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China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

by Anas Siddiqui
China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

Chinese sportswear giant Li Ning hopes to “ride the wave” of the Paris Olympics in an effort to attract more customers, after posting an 8 per cent profit decline amid …

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China’s oil demand dips, ticks down as economic ebb eases fuel imports

by Walter Watson
China’s oil demand dips, ticks down as economic ebb eases fuel imports

It also cut crude oil imports from Saudi Arabia, its second-biggest supplier, by 6.5 per cent over the two months. For July’s overall crude imports, China reported a 3 per …

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Chinese ship destroyed Baltic pipeline, Eileen Gu’s link to French athlete: 7 highlights

by Haddis Thomas
Chinese ship destroyed Baltic pipeline, Eileen Gu’s link to French athlete: 7 highlights

Residential and commercial buildings in Georgetown, Penang, Malaysia, on August 6. Photo: Bloomberg When China announced last year plans to invest 170 billion ringgit (US$35.9 billion) into Malaysia, property players …

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Tech war: China pumps up state subsidies for chip industry to counter US sanctions

by Anas Siddiqui
Tech war: China pumps up state subsidies for chip industry to counter US sanctions

Government subsidies received by leading players in China’s semiconductor industry – including foundries, chip design and packaging firms – jumped significantly last year, as Beijing doubled down on efforts to …

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A Chinese spirit medium in Hong Kong on communicating with the dead and Taoist beliefs

by Haddis Thomas
A Chinese spirit medium in Hong Kong on communicating with the dead and Taoist beliefs

“There are a lot of ways to communicate with the dead and how you do it depends on how your sixth sense for the afterlife develops through training. As a …

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Jia Bei Zhu, owner of secret Chinese-run California lab, faces new US charges

by Walter Watson
Jia Bei Zhu, owner of secret Chinese-run California lab, faces new US charges

A US federal grand jury handed down new charges on Thursday for the man accused of being behind the California lab that regulators said was illegally distributing misbranded Covid-19 test …

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Alibaba revenue edges up to US$33.5 billion but misses estimates in June quarter

by Anas Siddiqui
Alibaba revenue edges up to US.5 billion but misses estimates in June quarter

“Our results this quarter demonstrated our strategy at work. Our focus on enhancing user experience by offering quality products at attractive prices with great service led to stabilising market share …

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