The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Despite being beaten down by years of U.S. trade restrictions, China’s telecom giant Huawei has quietly emerged as one of the country’s fiercest competitors across the entire AI landscape. Not only does the Shenzhen-based firm appear to represent Beijing’s answer…
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images China kept its benchmark lending rates steady on Monday as the country continues to grapple with weak consumer sentiment and softening growth. The People’s Bank of China held the 1-year loan prime rate at 3.0% and…
High rise buildings, including the China Zun or CITIC Tower (L, back) is seen at the Central Business Distric (CBD) from the Tuanjiehu park in Beijing on June 2, 2025. Adek Berry | Afp | Getty Images China’s economy grew at a faster-than-expected rate in the second quarter, keeping the country on track to meet…
The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried. Natixis’ study of 2,500 listed Chinese companies reinforce how…
China’s regime agnostic diplomacy in Africa–investing in countries irrespective of a government’s adherence to the rule of law–holds inherent risks for Chinese investments and regional stability. China has long hailed its noninterventionist strategy of engaging with any type of sitting government regardless of how they came to power. Yet, the legal authority of a government…
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China’s Zhejiang province Thursday, June 26, 2025. Feature China | Future Publishing | Getty Images Hong Kong-listed shares of China’s Xiaomi surged over 5% to hit a record high on Friday, a day after its electric car drew a strong…
China’s long-running car price war is overshadowing a deeper problem for the nation’s automotive industry: persistent overcapacity. Despite a slight uptick in recent years, more than half of production capacity lay idle in 2024. In an industry capable of making 55.5 million vehicles annually, overall capacity utilisation last year was just 49.5%, data compiled by…
