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Aggregated China Business Blogs

A deal struck by Shein and Forever 21 could see the digital retailer and legacy fast-fashion brand converge online and in person.
Shein, the biggest online retailer for womenswear, has acquired a third of Forever 21 operator SPARC Group, which also own…

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Jensen Huang, the founder and CEO of Nvidia, said Thursday that a new dawn in modern technology has arrived. The company reported second quarter profits were 101% higher than year ago levels. File photo by Laura Cavanaugh/UPI | License Photo
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Awa-jinja is a place of pilgrimage for the more superstitious fishers of Shinchi-machi, a coastal town in Fukushima, who come here to lower their heads and ask the Shinto gods to look kindly on them as they prepare to steer their boats into the vast Pa…

Slowing economy has encouraged customers to salt away rainy day money in insurance plans

Rishi Sunak’s global summit on the safety of artificial intelligence this autumn will be hosted at Bletchley Park, the home of top-secret codebreakers during the second world war.
The first major gathering on the technology will bring together governme…

SHANGHAI, Aug 24 (Reuters) – Chinese food delivery giant Meituan (3690.HK) on Thursday posted a bigger-than-expected 33.4% rise in second-quarter revenue, defying a slowing Chinese economy, though executives warned of headwinds for its core business in the quarter ahead.

Meituan, which offers an app that provides services such as bike-sharing, ticket-booking and maps, reported April-June revenue of 67.9 billion yuan ($9.33 billion), up from 50.9 billion a year earlier.

China's Meituan swings to profit on food delivery rebound, flags headwinds comes via ChinaTechNews.com.

Beijing uses developing world chagrin over Washington’s weaponisation of greenback to push global renminbi

The stock market darling on everyone’s lips is Nvidia, which makes the processing chips that power everything from home computers to industrial machinery to cutting-edge artificial intelligence technology.
On Thursday, the company stunned Wall Street w…

South African president Cyril Ramaphosa says countries will be admitted next year in ‘first phase of expansion process’

Mobile spin-off Assassin’s Creed Codename Jade is officially titled Assassin’s Creed: Jade, and it has received a brand new gameplay trailer and beta period during Gamescom.
Assassin’s Creed: Jade will be set in 215 BC in ancient China, and based on th…

Photo by Jeff J Mitchell/Getty Images
Last week junior doctors took part in a fifth round of strikes. Today NHS consultants have begun the first of two days on strike for the first time in over a decade. As the staffing crisis escalates, the government…

North Korea says that its second attempt to launch a spy satellite has ended in a failure, citing 'an error in the emergency blasting system during the third-stage flight'. Photograph:
North Korea’s second attempt to place a spy satellite in orbit fail…

Dow Jones futures climbed slightly Thursday morning while S&P 500 futures and Nasdaq futures rose solidly as NVDA stock jumped on results. The Nvidia (NVDA) earnings report has huge implications for other chip and AI stocks, as well as the nascent …

LONDON, Aug 24 (Reuters) – More than a dozen of the world's biggest tech companies face unprecedented legal scrutiny, as the European Union's sweeping Digital Services Act (DSA) imposes new rules on content moderation, user privacy and transparen…

Japan has begun discharging more than 1m tonnes of tainted water into the Pacific Ocean from the wrecked Fukushima Daiichi nuclear power plant, news agency Kyodo has reported, a move that has sparked protests and import bans from China and Hong Kong, a…

[1/2] A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing Rights
HONG K…

He wasn’t there. And yet he was.
He was in the answers about the economy. He was in the language about the Deep State. He was the target of blistering criticism, even on Washington spending during his administration.
His shadow was long — every candida…

As Chandrayaan-3 landed successfully on the lunar surface on Wednesday, in a mission seen as crucial to lunar exploration and India’s standing as a space power, X, formerly known as Twitter, was flooded with pictures of former ISRO chief K Sivan when h…