Former Chinese Premier Zhu Rongji has died, according to state media. The impatient, sharp-tongued reformer helped ignite China’s explosive economic boom by forcing wrenching change on state industry …
China’s Tencent posts 11% second-quarter revenue rise, profit misses estimates
BEIJING, Aug 12 (Reuters) – Tencent Holdings reported a 11% rise in second-quarter revenue on Wednesday, driven by strong advertising sales and steady gaming income, as the Chinese technology giant …
Hong Kong property recovery faces new risk as China widens offshore tax net
Potential taxation of offshore property income could curb mainland demand, while weaker insurance activity hits decentralised office markets.
China races to solve US$148 bil property threat as leases end
Shanghai local government officials in recent weeks circulated guidelines on lease renewal, outlining both the terms and the costs of lease extensions.
Why expiring land leases are becoming China’s latest property crisis
China’s property market faces a growing threat from expiring land leases, with over $148 billion worth of non-residential assets having 20 years or less remaining, putting property values, deals and i …
China detains Japanese businesspeople amid export crackdown
Japan warns companies operating in China after several Japanese businesspeople were detained amid tighter Chinese rare-earth export controls.
Communist Vietnam bets on Korean-style ‘chaebols’ to boost growth
Vietnam’s ambition to create domestic corporate champions follows years of rapid growth led by foreign investment. The country has been one of the biggest beneficiaries of manufacturers moving production from China to avoid higher US tariffs. The US has come to account for nearly a third of Vietnam’s exports.
Australia, Vietnam boost ties in hedge against China in a world ‘becoming more uncertain’
The value of two-way trade between both countries has doubled in 2025 from 2020 Read more at straitstimes.com. Read more at straitstimes.com.
China’s experimental bullet train hits 497 mph in 5 seconds
A nearly 2,550-pound, experimental maglev train car in China recently has beat its own short-distance acceleration world record for the third time in six months. But while it reached 0 to 497 miles in …
Amkor reportedly weighing partial sale of China operations
Amkor Technology is looking at strategic options for its China business, including a possible partial sale, Bloomberg reported, citing unnamed sources. The US-based outsourced semiconductor assembly …