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Shenzhen

China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

by Anas Siddiqui
China Resources Land posts 11.7% profit increase, sees stability ahead for property sector thanks to policy support

China’s troubled property market is on track for a gradual return to stability despite the many challenges it still faces, China Resources Land said as it posted another profitable year …

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China’s ‘low-altitude economy’ on the rise as southern city named focal point

by Ron Morgan
China’s ‘low-altitude economy’ on the rise as southern city named focal point

China has designated the capital city of Guangdong province, its economic powerhouse in the south, as the nexus of its unmanned equipment industry – a part of broader efforts to …

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Japan bucks PE slowdown in Asia with deal value soaring 183% last year

by Walter Watson
Japan bucks PE slowdown in Asia with deal value soaring 183% last year

An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Manassanant Pamai | Istock | Getty …

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Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

by Anas Siddiqui
Apple CEO Tim Cook meets BYD, other key mainland suppliers in Shanghai as US tech giant opens 57th China store

At Apple’s office in Shanghai, Cook on Wednesday met two billionaire company founders: Wang Chuanfu, the chairman and chief executive of the world’s largest electric vehicle maker BYD, and Zhou …

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Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

by Anas Siddiqui
Apple CEO Tim Cook goes on a charm offensive in China amid weak iPhone sales in the world’s largest smartphone market

Apple chief executive Tim Cook on Wednesday met Chinese video game developers, a filmmaker and the billionaire founder of BYD in Shanghai, ahead of the company’s new store opening in …

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Fosun Pharma joins Shenzhen government to raise US$700 million healthcare fund to invest in biomedicine innovation

by Anas Siddiqui
Fosun Pharma joins Shenzhen government to raise US0 million healthcare fund to invest in biomedicine innovation

One of China’s biggest pharmaceutical producers will team up with Shenzhen’s government to raise a 5-billion yuan (US$700 million) healthcare fund to invest in start-ups and innovations in cellular biology, …

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Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

by Anas Siddiqui
Apple to expand applied research labs in Shanghai and Shenzhen as iPhone sales weaken in world’s largest smartphone market

Apple is enlarging its applied research operations in mainland China, as the US technology giant’s iPhone sales slow in the world’s largest smartphone market amid increased competition from Huawei Technologies …

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China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

by Anas Siddiqui
China’s Alipay and WeChat Pay ease the way for foreign travellers to make payments in world’s largest cashless society

Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, …

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Tech war: Huawei’s AI chip capabilities under intense scrutiny after market leader Nvidia taps it as potential rival

by Anas Siddiqui
Tech war: Huawei’s AI chip capabilities under intense scrutiny after market leader Nvidia taps it as potential rival

The Ascend 910B is believed to succeed the Ascend 910, which was released by Huawei in August 2019, three months after it was put on a trade blacklist by the …

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China’s new financial regulator pledges transparency to bring investors back from the brink

by Anas Siddiqui
China’s new financial regulator pledges transparency to bring investors back from the brink

China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile …

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