China

Weak home sales risk worsening Chinese banks' bad loans

Banks’ property loan exposure is expected to fall 6% amidst ongoing caution.
3 days ago

Weak home sales risk worsening Chinese banks' bad loans

Banks’ property loan exposure is expected to fall 6% amidst ongoing caution.
3 days ago

Alternative payments lead China's e-commerce with 67.3% share

Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.

China launches world's first 6G test satellite

The low-earth orbit satellite offers low latency and high data transfer rates.

China Life Insurance to see 45% YoY profit slump – Nomura

China Life is the only insurer Nomura covers that has adopted the transition plan for the new accounting standards (IFRS) for insurance contracts.

China approves 106 GW of coal project, derails climate commitments

Coal approvals rose fourfold in 2020 and 2023, compared to the 2016-2020 period.

VC funding of startups in China plummet 26.9% 11M’23

Unconducive market conditions further drove its decline.

China's top 8 insurers embrace self-regulation in motor insurance shift: Nomura

The agreement aims to adhere strictly to regulatory requirements.

China Medical University Hospital’s AI solutions reduce staff workload and save more patients

The AI ​medical system cuts nurse input time from 30 minutes to 10 minutes by converting medical notes from voice to text.

Peeking into the future of work at Keppel’s Shanghai smart office 

The newly refurbished office features a suite of sustainable urban renewal enterprise solutions leveraging the latest digital technologies and IoT.

DHGATE Group’s Nebula Plan shines bright in navigating innovation for e-commerce

The initiative is reshaping cross-border e-commerce, acknowledging the significance of influencers, and embracing the decentralisation of online shopping.

NIIT China's EdTech transformation earns recognition at the Asian Technology Excellence Awards

Their successful pivot to EdTech and its strategic partnership with Red Hat for online training programmes secured the China Technology Excellence Award for Digital - Training and Development, highlighting their commitment to digital education.

C-beauty brands outperform in China: report

Sales of brands amongst the top 20 brands in colour cosmetics grew to 28% in 2022.  

adidas sees ‘better-than-expected’ growth in China despite 9% revenue decline

The company recorded ‘flattish sales’ and a small operating profit overall. 

Alibaba names Wu Zeming as CTO in management reshuffle

He succeeded Li Cheng in the post immediately.