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China

China’s Black Myth: Wukong mania lifts sales of Sony’s PS5 console, other gaming hardware

by Anas Siddiqui
China’s Black Myth: Wukong mania lifts sales of Sony’s PS5 console, other gaming hardware

He added that his bricks-and-mortar store on Tuesday received more than dozen inquiries about the PS5’s availability. Sony’s flagship store in Shanghai’s upscale Huangpu district on Tuesday saw its stock …

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Japan’s broadcaster NHK slammed after its reporter says Diaoyu Islands belong to China

by Walter Watson
Japan’s broadcaster NHK slammed after its reporter says Diaoyu Islands belong to China

The reporter had read a report about graffiti on one of the pillars at the entrance to Tokyo’s Yasukuni Shrine in June. Immediately after the segment, the reporter made unscripted …

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Chicken feet taking a walk to China in R300m deal

by Anas Siddiqui
Chicken feet taking a walk to China in R300m deal

Chicken feet, also called ‘walkie-talkies’ in China and by many South Africans, are considered a delicacy in China. This worked in favour of AskCarlaKote, a Western Cape-based company. The company …

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Argentina to join US minerals partnership to diversify supply chains away from China

by Walter Watson
Argentina to join US minerals partnership to diversify supply chains away from China

Argentina is joining a US-led initiative aimed at drawing more investment in critical-minerals mining, a State Department official said, part of an effort to create supply chains for the metals …

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Chinese ride-hailing giant Didi reports record transaction value for June quarter

by Anas Siddiqui
Chinese ride-hailing giant Didi reports record transaction value for June quarter

Chinese ride-hailing giant Didi Global on Wednesday said that both order volume and transaction value reached record highs during the three months through June. Orders in both China and overseas …

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As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

by Ron Morgan
As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases, S&P Global Ratings said in a report on Tuesday – …

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Hong Kong Palace Museum to host exhibition on origins of Chinese civilisation

by Haddis Thomas
Hong Kong Palace Museum to host exhibition on origins of Chinese civilisation

The museum said on Wednesday that nearly all of the pieces in the exhibition, titled “Bank of China (Hong Kong) Presents: The Origins of Chinese Civilisation”, will be shown in …

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EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

by Anas Siddiqui
EV maker Zeekr posts record revenue, boosts output to take on Tesla, domestic rivals

Revenue jumped 36 per cent to 20 billion yuan (US$2.8 billion) in the April to June quarter, compared with the first three months of 2024. The figure exceeded the company’s …

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Walmart said to raise US$3.6 billion from sale of JD.com stake, fuelling China tech slump

by Ron Morgan
Walmart said to raise US.6 billion from sale of JD.com stake, fuelling China tech slump

Walmart is refining its strategy in the world’s second-largest economy, where its long-standing e-commerce partner is struggling along with major rivals Alibaba Group Holding and PDD Holdings, owner of Pinduoduo …

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The world’s largest steel industry is going through a ‘winter’ amid a supply glut and weak demand

by Walter Watson
The world’s largest steel industry is going through a ‘winter’ amid a supply glut and weak demand

Workers process seamless steel pipes at a production line in Huai ‘an, Jiangsu province, China, Oct 20, 2022. CFOTO | Future Publishing | Getty Images China’s steel industry has been …

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