Despite long-standing concerns about asset quality and sluggish profit growth, banks’ shares have been snapped up by yield-hungry investors
State Council calls for measures to ensure orderly competition and fairer business practices among internet platforms
As the industry confronts difficult technological hurdles, the country’s most prominent developers are focusing on lower-level assisted driving systems and less complex applications like trucking
The system has faced several challenges, including excessive administrative influence, limited foreign-related mechanisms, and shortcomings in internal governance
The number of class-action lawsuits accepted by China’s courts has jumped in the last few months as the government seeks to boost confidence in the stock market
The trend has top-level support, with government agencies calling for even more investment
Investors bet China’s Zhipu AI and MiniMax can overcome U.S. limits on advanced chips
The country’s highest court and top prosecutor’s office have taken steps to scale back metrics that can create perverse incentives for officers of the court
While some argue that new ‘guardrails’ could hinder collaboration, others say that these changes will have only a limited impact on the development of fields like AI
The country is playing a bigger role on the issue, participating and leading in both negotiations and action, Liu Zhenmin says
Onerous terms imposed on VC firms that manage the money of government guidance funds, along with an outdated evaluation system, are distorting investment, insiders say
The latest round of bulk drug-buying for China’s national health care system saw some of the steepest price cuts yet
Some professional fraud-busters are using their knowledge of the law to win major payouts with threats of bad publicity
Policymakers have expanded the range of investments approved for personal retirement accounts, but insiders still see room for improvement
Increasing bouts of flooding and drought are causing the water level of the Yangtze to fluctuate rapidly, and the problem is being exacerbated by the hundreds of millions of people who tap the river for fresh water
Transporting goods on inland waterways is cheaper and more environmentally friendly than using roads or railways, but provinces are at risk of throwing money at projects that won’t pay off
The country has no plans to roll out a retail central bank digital currency at this juncture, says Chia Der Jiun
Ji Yue Auto’s powerful backers couldn’t save it from price wars or missteps
At two major meetings this month, China’s leadership resolved to deal with the country’s economic headwinds, including the protracted real estate slump and weak domestic demand
The country will take a more active approach to detecting cases of the infectious disease, which is prevalent across many regions, from some of the wealthiest to the most remote
The two potential lifelines offer only slim chances of reversing a law that would ban the popular app unless its Chinese parent ByteDance sells it
Foreclosed properties are proving hard to sell as investors shy away amid the real estate slump
Update imposes tougher regulations on financial institutions, highlights emerging technologies — such as virtual assets — and specifies its coverage of sectors including real estate, accounting, and precious metals trading
The once-promising domestic market for continuous glucose monitors has been undermined by a vicious price war and bureaucratic hurdles to sell in hospitals
Late-life depression is a common mental health disorder that is often misdiagnosed as an age-related physical illness
Major players like Pop Mart and Miniso have been rapidly opening stores in the region over the past year, capitalizing on the growing demand for collectibles among adults
China’s rapid pivot is empowering carmakers and emerging software suppliers at the expense of parts giants such as Bosch and ZF, whose bundled solutions are in less demand
While Russian airspace ban continues to sap European carriers’ profits, U.S. counterparts are eager to ramp up West Coast routes to the Chinese mainland
New measures aim to standardize oversight to make enforcement fairer while plugging legal loopholes
Since the Top Talent Pass Scheme was launched in 2022, over 90% of the more than 100,000 applicants have been from the Chinese mainland