Apple chief executive Tim Cook returned to Beijing on Monday, his second visit to mainland China this year, as speculation swirls over the domestic launch of the US tech giant’s on-device artificial intelligence (AI) system. Cook’s latest visit to the country saw him accompanied by famous Chinese photographer and filmmaker Chen Man, as well as … Read more
In his 21 years of running kindergartens, Yu Bo has never had this much trouble filling places. Previously, he did not even need to advertise. Parents crowded his office asking if they could pay a year in advance to reserve a spot. Sometimes women even came to him while pregnant. At their business peak, he … Read more
Chinese authorities are stepping up efforts to screen people at risk of taking out their anger on innocent members of the public following a series of attacks involving mass stabbings or cars being deliberately driven into pedestrians. At the grass-roots level, there is a long-standing tradition of identifying people with financial and emotional problems. But … Read more
The 41-year-old had lost around 80 per cent of the 2 million yuan (US$283,000) she invested over a decade. This week she was among the hundreds of millions of Chinese rushing back to the market on a wave of optimism after the government announced new measures to revive the economy. “I think the top leadership … Read more
When Australian restaurateur Michelle Garnaut opened M on the Bund 25 years ago, she was considered a pioneer for venturing into uncharted territory in China – even after finding success in Hong Kong with M at the Fringe. But she believed Shanghai was ready to embrace her style of cuisine, hospitality and panache. The irreverent … Read more
Wu Bangguo, the former head of China’s top legislature, died in Beijing on Tuesday morning at the age of 83, official news agency Xinhua reported. Wu was one of China’s most powerful men between 2002 and 2012, serving as chairman of the Standing Committee of the National People’s Congress (NPC), the country’s top legislature, and … Read more
In the heart of Shanghai is a decades-old retail space that bills itself as an “epicentre of youth culture”. At a time when e-commerce is all the rage, it promises to revitalise in-store shopping. It houses local fashion brands previously sold only online. The 27,000-square-metre (290,000 sq ft) TX Huaihai, also known as “Youth Energy … Read more
Shares of WuXi AppTec and WuXi Biologics surged in Hong Kong on Friday, following a report that the two firms are looking to divest some of their operations in the wake of new United States legislation targeting Chinese biotech companies. WuXi AppTec’s shares closed up almost 12 per cent to HK$67.10 on Friday, while shares … Read more
Chinese chip-packaging and testing giant Jiangsu Changjiang Electronics Tech (JCET) has completed its acquisition of an 80 per cent equity stake in the Shanghai plant of US flash memory maker SanDisk, the latest example of a transition in the global semiconductor value chain. JCET Management, a subsidiary of JCET, obtained that stake through a joint … Read more
At an event in Shanghai on Tuesday, Huawei introduced on the mainland its new Watch GT 5 series – with prices starting at 1,488 yuan (US$212) – featuring a slimmer design, upgraded antenna and algorithm for improved positioning accuracy, up to two weeks of battery life per full charge, TruSense health-monitoring system for heart rate … Read more
