Business and Tech News in China: internet giants, startups, SOEs

Sep 25, 2025 00:10 AM

China Powers First Solar-Driven Freight Railway
CHN Energy’s clean-energy pilot slashes emissions and coal use along a 303-km heavy-haul route
Sep 24, 2025 22:26 PM

Unitree CEO Flags Heat, Power and Wiring as Robot Hurdles
Wang Xingxing says Nvidia’s 4090 drains batteries and overheats robots, urging simpler wiring and low-power chip solutions
Sep 24, 2025 22:11 PM

Beijing Targets Food Delivery Giants With Sweeping Regulatory Overhaul
New draft rules aim to cap platform fees, halt coercive promotions, and protect overworked riders amid fierce price wars
Sep 24, 2025 20:22 PM

Beverage Giant Wahaha to Abandon Eponymous Brand Name
The company, under the direction of the late founder’s daughter Zong Fuli, plans to drop the trademark due to legal risks and shareholder approval issues
Sep 24, 2025 12:23 PM

Chinese Firms Investing in Latin America Advised to ‘Act Locally’ Amid Legal Risks
As investment in new energy and auto booms, Chinese companies face challenges from political shifts, complex regulations and currency volatility, a legal expert says
Sep 24, 2025 11:52 AM

Snack Giant Hao Xiang Lai’s Parent Files for Hong Kong IPO
Fujian Wanchen Biotechnology, which pivoted from mushroom farming to discount snack retail, is racing rival Busy Ming to the public market amid a boom in the sector
Sep 24, 2025 11:49 AM

China’s Market Regulator Summons Lalamove Over Antitrust Concerns
The market leader, which holds over 63% of the country’s intracity freight market, promised immediate rectification after being warned again about its opaque algorithms and high commission fees
Sep 24, 2025 11:43 AM

Business Brief (Sept. 24): PBOC Chief Meets Bridgewater’s Ray Dalio
China’s online content crackdown hits ByteDance and Alibaba units, the country’s electricity consumption rises 5%
Sep 24, 2025 02:16 AM

Alibaba’s AutoNavi Waives Fees, Pours Billions Into Battle With Meituan
The mapping app is rolling out subsidies, perks, and in-store deals to lure restaurants, opening a new front in Alibaba’s fight for China’s local services market
Sep 24, 2025 01:59 AM

Chinese Firms’ Overseas Expansion Faces Rising Policy and Operational Risks, Report Says
Surging bankruptcies, delayed payments and policy shifts squeeze momentum from international growth push
Sep 23, 2025 23:31 PM

China’s Online Content Crackdown Hits ByteDance and Alibaba Units
Toutiao and UC Browser penalized in widening campaign against harmful trending topics
Sep 23, 2025 23:09 PM

FAW Overtakes DJI as Top Shareholder in Smart Driving Supplier ZYT
The deal gives the state-owned auto giant a 35.8% interest in ZYT, which supplies driving-assistance systems to major carmakers including BYD and Volkswagen, and values the firm at about 10 billion yuan
Sep 23, 2025 19:37 PM

China Advances on Carbon Goals but Faces Uphill Battle on Cutting Fossil Fuels, Expert Says
Weaning off fossil fuels will be a major challenge for Beijing as it also pushes for economic development and energy security, one industry expert said at a recent symposium
Sep 23, 2025 15:10 PM

Business Brief (Sept. 23): China Opens New Arctic Shipping Route to Europe
Typhoon Ragasa forces mass transport shutdowns in southern China, Beijing sets 4% annual value added growth target for steel industry
Sep 23, 2025 11:01 AM

China Unveils Two-Year Plan to Curb Steel Overcapacity
New guidelines for 2025–2026 aim to tackle the industry’s supply-demand imbalance by continuing output controls and implementing a tiered management system for producers
Sep 23, 2025 03:05 AM

China’s GAC to Build $19M Auto Assembly Plant in Cambodia
The project adds to GAC’s growing Southeast Asia footprint as Chinese automakers expand abroad to offset slowing sales at home
Sep 22, 2025 18:46 PM

Huawei Bets on Chip Clusters to Rival Nvidia
The tech giant is working on a series of new Ascend chips that will be grouped together into ‘superpods,’ forming the backbone of its AI computing architecture
Sep 22, 2025 18:41 PM

Chinese Authorities Probe Arc’teryx Fireworks Stunt Over Environmental Concerns
Local authorities in the western Xizang region are investigating the outdoor apparel brand’s display following public outcry over its environmental impact
Sep 22, 2025 17:46 PM

Business Brief (Sept. 22): Xi and Trump to Meet at APEC Summit
Trump proposes a new $100,000 fee for H-1B visas, Xiaomi recalls 117,000 EVs
Sep 20, 2025 03:58 AM

Xiaomi Recalls 117,000 SU7 EVs in China Over Driver-Assistance Safety Risks
First major recall for Xiaomi’s debut car follows fatal crash and rising scrutiny of driver-assist systems in China’s fast-growing EV sector