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The latest job cuts at NetEase reflect ongoing challenges faced by China’s video gaming industry amid slow consumer spending at home and macroeconomic headwinds. Photo: Shutterstock
Video gaming

NetEase cuts jobs in Shenzhen as first-person shooting game ‘underperforms’

The lay-offs at NetEase’s offices in the southern tech hub are said to affect employees involved in mobile game Hyper Front.

United States

My Take | Donald Trump’s tech war against China will prove self-defeating

Alibaba

Alibaba’s DingTalk sees Hong Kong as pathway to expansion of collaboration app

Alibaba

Jack Ma returns to Alibaba campus in sign of support

The billionaire founder’s visit is his first known trip to his hometown since March 2023.

Alibaba founder Jack Ma visited the company’s Hangzhou campus on Friday. Photo: Handout
China manufacturing

China wants to turn Xinjiang’s vast deserts into a string of pearls

Millions of pearls are already being harvested in the Taklimakan Desert, as China tries to turn the arid region into a hub for aquaculture.

E-commerce

Meituan’s quarterly revenue soars 22% on local commerce growth

The Chinese food delivery giant’s revenue for the September quarter reached 93.6 billion yuan.

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China-India relations

China, India find common ground for ‘strategic recalibration’ in post-clash thaw

De-escalation of border tensions has paved the way for engagement on other issues, including pressures from the West, analysts said.

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India’s Prime Minister Narendra Modi and Chinese President Xi Jinping meet on the sidelines of the Brics summit in Russia in October. Photo: Reuters
Electric & new energy vehicles

Renault goes on China hiring spree to bolster EV push at home

‘We are there to learn and we will integrate this knowledge into our own teams,’ in France, an officer says.

Banking & finance

China M&A outlook calls for Hong Kong talent influx: Deutsche Bank Asia head

The need to refinance and enter new markets is very high on the radar of mainland firms, says Alexander von zur Muehlen.

Badminton World Federation (BWF)

Chinese Olympic gold medallist Zheng in retirement shock, seeks life off court

Zheng Siwei won mixed doubles badminton title in Paris this summer and says fans expected him to continue to LA Games in 2028 and beyond.

Zheng Siwei (right) and playing partner Huang Yaqiong celebrate winning gold at the Paris Olympics. Photo: Xinhua
China trade

Chinese firms still eye Vietnam, free of US tariffs for now, as Trump 2.0 looms

Number of Chinese manufacturers shifting production to Vietnam has boomed since Donald Trump’s first term as US president.

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A Vinfast electric cehicles factory. Photo: Getty Images
Hong Kong stock market

Hong Kong stocks cap second straight monthly decline

Sentiment on Hong Kong stocks took a beating this month, with a slew of headwinds for China’s growth outlook.

China trade

Mexico scrambles to reassure Chinese investors amid Trump tariff threats

Many in China are worried that Mexico will cave to US pressure to clamp down on Chinese-funded factories.

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China-Russia relations

How are China and Russia teaming up to promote Arctic shipping route?

Arctic passages would allow Chinese cargo ships to avoid impact of hostilities in the Middle East on Suez Canal traffic.

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An oil tanker bound by young ice. Photo: Shutterstock Images
Banking & finance

BOC Life offers insurance plans for clients seeking to retire in mainland cities

Around 88,000 Hongkongers aged 65 or above were living in southern Guangdong province in 2022, 11 per cent more than in 2017.

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Hong Kong insurers are offering more services to cover senior citizens. Photo: Handout.
Banking & finance

‘Markets will equilibrate’ despite US tariffs, Standard Chartered CEO says

‘Globalisation is going forward. Trade remains enormously beneficial to the world, and everybody understands that,’ Winters says.

US-China tech war

New US chip sanctions to deal fresh blow to China’s self-reliance push

The impact on the Chinese chip industry would be significant if major domestic suppliers are blacklisted, sources say.

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Hong Kong stock market

Hong Kong stocks slide after posting biggest gain in 5 weeks

Stocks struggle to emerge from a slump that has dragged benchmark down more than 15 per cent from this year’s high in October.

On the waterfront in Tsim Sha Tsui. Photo: Sam Tsang
Electric & new energy vehicles

Beijing sees Hong Kong as launch pad for Chinese EV makers to go global

Hong Kong ‘can act as a two-way gateway for Chinese EV makers to go overseas and bring in new technologies’.

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United States

China needs US$1.4 trillion to boost consumption as trade war 2.0 looms

The cash injection will be sufficient to stimulate consumer spending and stock market, HSBC Asset analyst says.

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Huawei

Huawei has global ambitions for ‘pure blood’ OS, but challenges abound

The Chinese tech giant says all of its new devices in 2025 will be equipped with HarmonyOS Next, its home-grown Android rival.

A Huawei store at the Wangfujing shopping area in Beijing. Photo: AFP
Video gaming

Chinese Nintendo Switch users in limbo as Tencent ends console’s online support

Online game sales for the Chinese Nintendo Switch will cease on March 31, 2026, while other related services will end weeks later on May 15.

Chinese Nintendo Switch console users find themselves in limbo after the announcement that online sales and services for the device will cease from 2026. Photo: EPA-EFE
Chinese Football Association (CFA)

Fifa rejects CFA life ban on South Korea’s Son, club boss calls China ‘unstable’

Son Jun-ho was detained in China for 10 months ‘on suspicion of accepting bribes’ and was one of 43 people banned.

China property

Evergrande founder Hui Ka-yan’s spending restricted by Guangzhou court

It has been almost three years since China Evergrande, once the largest real estate developer in China, defaulted on its debts.

E-commerce

Most Hong Kong SMEs believe in the power of e-commerce, poll finds

The World Bank estimates that global business to consumer e-commerce sales will reach US$6 trillion by 2024.

A woman using a smartphone and a credit card for shopping online. Photo: Shutterstock
Banking & finance

Exclusive | HSBC to feature ex-ECB president Draghi and Ark Investment’s Wood at summit

Global Investment Summit will run from March 25 to 27 next year.

An HSBC branch in Mong Kok. Photo: Nora Tam
Hong Kong property

Hong Kong home prices rise for the first time since March; rents cool slightly

Secondary home prices increased 0.62 per cent in October.

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Hong Kong stock market

Hong Kong stocks stage largest rally in 5 weeks; hopes rise for new stimulus

Industrial profits at large Chinese companies dropped 10 per cent from a year earlier in October.

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China
The latest news, analysis and opinion on China. In-depth analysis, industry insights and expert opinion.
Capital
Beijing
Head of State
President Xi Jinping
Head of Government
General Secretary Xi Jinping
last updated:
29 November, 2024
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