Category: China
China’s private sector difficulties ‘can be overcome’, Xi tells leading entrepreneurs
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The Chinese president’s first high-level symposium with business heads since 2018 is seen as a major show of support for the country’s private sector. https://www.scmp.com/economy/china-economy/article/3299019/xi-jinping-backs-chinas-private-sector-meeting-entrepreneurs?utm_source=rss_feed
Read MoreChina’s middle class feels the squeeze as property slump hits pocketbooks
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s per-capita property income grew at its lowest rate for over a decade in 2024, trimming disposable incomes and limiting consumption. https://www.scmp.com/economy/china-economy/article/3298995/chinas-middle-class-feels-squeeze-property-slump-hits-pocketbooks?utm_source=rss_feed
Read MoreShein faces investor pressure to slash valuation to US$30 billion, sources say
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Shein shareholders believe an adjustment is needed to help get its potential UK IPO over the line, say people familiar with the matter. https://www.scmp.com/business/china-business/article/3299015/shein-faces-investor-pressure-slash-valuation-us30-billion-sources-say?utm_source=rss_feed
Read MoreChinese cities launch DeepSeek-driven services as local cadres jump on AI bandwagon
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Guangzhou, Shenzhen and other cities turn to tech to improve online portals while local officials study groundbreaking AI start-up. https://www.scmp.com/news/china/politics/article/3299012/chinese-cities-launch-deepseek-driven-services-local-cadres-jump-ai-bandwagon?utm_source=rss_feed
Read MoreChinese e-scooter brands Ninebot, Niu integrate DeepSeek AI for smarter rides
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Ninebot and Niu Technologies both claim to be the first to put DeepSeek tech in electric two-wheelers, following moves from EV makers. https://www.scmp.com/tech/big-tech/article/3298986/chinese-e-scooter-brands-ninebot-niu-integrate-deepseek-ai-smarter-rides?utm_source=rss_feed
Read MoreBaidu adopts DeepSeek AI models, chasing Tencent in race to embrace the hot start-up
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Baidu is integrating both DeepSeek and its own Ernie models into its search engine, after Tencent started trialling DeepSeek’s tech in WeChat search. https://www.scmp.com/tech/big-tech/article/3298981/baidu-adopts-deepseek-ai-models-chasing-tencent-race-embrace-hot-start?utm_source=rss_feed
Read MoreChina could play ‘substantial’ peace role in Ukraine as US seeks a quick deal
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Beijing has already backed a place for Kyiv and Europe more generally at the negotiating table ahead of US-Russia talks. https://www.scmp.com/news/china/diplomacy/article/3298962/china-could-play-substantial-peace-role-ukraine-us-seeks-quick-deal?utm_source=rss_feed
Read MoreBeijing steps up financial ‘master plan’ with major asset reshuffle
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China is moving to create a group of world-class investment banks through a round of industry consolidation, analysts say. https://www.scmp.com/economy/china-economy/article/3298952/beijing-steps-financial-master-plan-major-asset-reshuffle?utm_source=rss_feed
Read MoreChina’s DeepSeek-led AI emergence to draw US$200 billion into stocks: Goldman Sachs
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The bank raises its 12-month targets for the MSCI China and CSI 300 indexes, implying a 16 to 19 per cent upside from current levels. https://www.scmp.com/business/markets/article/3298946/chinas-deepseek-led-ai-emergence-draw-us200-billion-stocks-goldman-sachs?utm_source=rss_feed
Read MoreXi hosts symposium with China’s top entrepreneurs
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The Chinese president gathered the country’s business leaders for a high-profile meeting in Beijing. https://www.scmp.com/economy/china-economy/article/3298944/xi-hosts-symposium-chinas-top-entrepreneurs?utm_source=rss_feed
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