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
Shanghai has just survived its biggest tropical cyclone in 75 years – thankfully, Typhoon Bebinca’s visit was brief and the sun is shining once more. With China’s annual “golden week” holiday to celebrate the country’s National Day approaching – millions are expected to flock to the metropolis – here are six under-the-radar restaurants in Shanghai … Read more
Alexander Wong is an award-winning architect and designer of numerous luxury homes, retail spaces and cinemas in Hong Kong. He spoke to Andrew Sun. I have been lactose intolerant for years now, so I cannot have any butter, cream, cheese or milk. I used to eat a pint of Häagen-Dazs strawberry ice cream at a … Read more
Alibaba Group Holding has earmarked 1 billion yuan (US$142 million) to waive delivery charges on Taobao users in Hong Kong for each order that costs more than 99 yuan during this fourth quarter. The three-month campaign covers categories such as fashion accessories, electronics, skincare and cosmetic products on Taobao, according to Alibaba, owner of the … Read more
For anybody unfamiliar with China, it might have sounded like an odd thing to say. In the lead-up to September 10, the day recognised by the central government as Teachers’ Day, President Xi Jinping underlined the rights of teachers and the need protect their high social status. As it suggested ways to implement Xi’s directions, … Read more
Foreign asset managers will be given more freedom in making private equity and venture capital investment as the city cranks up growth in the financial and technology sectors, mayor Gong Zheng said, amid signs geopolitical tensions and regulatory clampdown have thwarted inflows. “International asset managers will be encouraged to invest more in Shanghai’s technology firms … Read more
New data released by Meituan, China’s largest on-demand services provider, showed that its food delivery crews working in major cities such as Beijing, Shanghai and Shenzhen earn more on average than the local population. According to the report, Meituan delivery people who work in major cities and meet the company’s minimum work time requirement took … Read more
“Huawei has years of experience with its own intelligent transformation, and we’ve been helping a wide range of industries go intelligent, too,” Xu said in his keynote speech at Thursday’s opening of the Huawei Connect 2024 event, which runs until Saturday in Shanghai. The 57-year-old Xu is set to complete a six-month stint as the … Read more
China’s move to raise the retirement age – for decades one of the world’s lowest – appears to be unpopular among workers, though it has not seen the protests sparked by pension reforms in other countries. The top legislative body on Friday approved a plan to lift the retirement age for men from 60 to … Read more
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