UAE and Saudi Arabia are transforming themselves into destinations for art and culture, hoping to attract visitors from around the world
Intermediaries are rushing to find alternative suppliers, while Chinese firms try to secure export licenses
State Council steps in to address complaints of VC firms who manage the money of government guidance funds, including plans to change an outdated evaluation system that’s distorting investment
Chinese investors navigating unchartered waters in search for decent returns in a time of low interest rates
Pharmaceutical firms are running into obstacles that include local protectionism and conflicting work cultures as they take their products to market in Southeast Asia’s largest economy
Southwestern city Yibin, once known for coal and baijiu, is pitching hard for the new energy sector as local battery production has become saturated
Despite long-standing concerns about asset quality and sluggish profit growth, banks’ shares have been snapped up by yield-hungry investors
A study of tiny algae-like fossils is challenging the idea that multicellular life only emerged 1 billion years ago, pushing back the timeline by hundreds of millions of years
Audits over the last few years show that the projects funded by special-purpose bonds often generate meager returns, raising questions about how localities will be able to pay back the bonds
Although their QR code-based systems are convenient for buyers, poor transparency and a lack of alignment with international standards have drawn complaints from banks and scrutiny from regulators
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