Business News

Latest business news and updates

Total: 2944

Expansive aerial view of an industrial complex with storage tanks, located in China.
Business

A Precarious Surge: China’s Industrial Profits Mask Deepening Structural Cracks

China’s industrial profits grew 18.2% in early 2026, driven by a recovery in factory-gate prices and a boom in the high-tech semiconductor sector. Despite these gains, the recovery remains fragile due to high input costs for downstream manufacturers and persistent weakness in domestic consumer demand.

SoBiz2026年5月27日 07:08
#China Economy#Industrial Profits#High-tech Manufacturing
Majestic skyscrapers in Hangzhou, China, illuminate the twilight skyline with modern architectural designs.
Business

Efficiency Over Tradition: Alibaba Overhauls Bonus Structure to Align with Fiscal Reality

Alibaba is merging its traditional 13th-month salary into a unified year-end bonus structure starting in fiscal year 2027. The move shifts the payout timing from the Lunar New Year to the April-May period, reflecting a broader strategic push for fiscal alignment and operational efficiency.

SoBiz2026年5月27日 07:08
#Alibaba#Compensation Policy#China Tech
Anonymous female blogger standing in room and shooting vlog on smartphone with ring lamp while demonstrating pink dress in hands
Business

China’s New Crusade Against ‘Involution’: Beijing Targets Cutthroat Competition in Tech and Industry

China's market regulator has initiated a major campaign to eliminate 'involutionary' or cutthroat competition in the tech and industrial sectors. Running through December, the initiative will use corporate credit blacklisting and public shaming to punish companies engaged in predatory pricing and deceptive market practices.

SoBiz2026年5月27日 07:08
#Involution#SAMR#Livestreaming
A vibrant 7-Eleven store front lit up during nighttime with a silhouette of a motorbike rider passing by.
Business

The Retail Resilience Manual: What Japan’s 'Lost Decades' Can Teach a Cooling Chinese Market

As China faces economic headwinds and consumption cooling, the management philosophy of 7-Eleven Japan provides a roadmap for growth during stagnation. By focusing on value over price, hyper-local density, and rigorous item-level management, the convenience store giant proved that corporate success is possible even during a 'lost decade.'

SoBiz2026年5月27日 07:08
#7-Eleven#Toshifumi Suzuki#China Consumer Market
Two children sitting by a campfire, enjoying drinks and snacks in a forest setting.
Business

Squeezing the King: China’s Beverage Giants Take the Lemonade War to the Bottle

China's leading beverage brands are launching a massive wave of bottled, large-capacity lemonade products to disrupt the market share of fresh-tea chains like Mixue Bingcheng. By combining aggressive pricing with health-conscious 'clean labels' and superior retail distribution, these giants are transforming lemonade into the next major category in the ready-to-drink industry.

SoBiz2026年5月27日 07:08
#Mixue Bingcheng#Nongfu Spring#RTD Beverages
Close-up of a robotic machine sculpting stone with high precision in an industrial setting.
Business

China's High-Tech Pivot Pays Off: Industrial Profits Surge Amidst a Shifting Economic Landscape

China’s industrial profits grew 18.2% in the first four months of the year, driven primarily by a massive 44.8% surge in high-tech manufacturing. While efficiency is improving and tech sectors are booming, industries tied to the domestic property market continue to see sharp profit declines, highlighting a structural split in the economy.

NeMo2026年5月27日 07:08
#China Economy#Industrial Profits#High-Tech Manufacturing
A bustling intersection with crosswalk, traffic lights, and people in an urban cityscape at night.
Business

The Retail Alchemist: How Samuel Yin Outmaneuvered Global Giants and Bequeathed a Fortune to Science

Samuel Yin, the founder of RT-Mart who successfully outcompeted global retail giants in China and strategically sold his empire to Alibaba at its peak, has died at 76. His career was defined by academic excellence, engineering innovation, and a massive philanthropic commitment to donating 95% of his wealth.

SoBiz2026年5月27日 07:08
#Samuel Yin#RT-Mart#Ruentex Group
Red Ferrari SF90 Stradale sports car parked outdoors, showcasing sleek design and elegance.
Business

Maranello’s Silent Gamble: Why Ferrari’s ‘Apple-Inspired’ EV Has Investors Shuddering

Ferrari's stock tumbled after the debut of the 'Luce,' its first all-electric vehicle designed by ex-Apple visionary Jony Ive. The model's departure from traditional supercar aesthetics toward a minimalist, five-seat family layout has sparked fears that the brand is diluting its mechanical heritage and exclusivity.

NeTe2026年5月27日 05:38
#Ferrari#Electric Vehicles#Jonathan Ive
Vibrant urban cityscape at night showcasing illuminated neon billboards and bustling street life.
Business

China’s 618 Shopping Festival: Premium Spirits and Instant Delivery Drive Early Consumption Surge

The 618 shopping festival has seen a dramatic surge in alcohol sales on Tmall, with over 130 brands doubling their revenue and premium spirits like Rémy Martin leading the charge. The growth is heavily supported by new 'Flash Purchase' instant delivery options, which have revolutionized the digital liquor market by providing on-demand access to premium brands.

NeTe2026年5月27日 05:38
#Tmall#618 Festival#Alibaba
Aerial view of an industrial complex near a river in Banten, Indonesia, showcasing storage tanks.
Business

From Pipelines to Plastic: How the Middle East Conflict is Strangling Asia’s Industrial 'Flour'

Conflict-driven disruptions in the Middle East have triggered a severe shortage of naphtha, a critical raw material for the petrochemical industry. This crisis is currently paralyzing industrial production and consumer supply chains in Japan and South Korea, with experts warning of a similar contagion reaching Western markets by mid-summer.

SoMi2026年5月27日 01:08
#Naphtha#Supply Chain#Petrochemicals
Vibrant McDonald's sign on a clear day in Tianjin, China.
Business

Liquidity Hangover: The Delisting of *ST Yan Shi Signals the End of China’s ‘Shell Speculation’ Era

*ST Yan Shi's exit from the Shanghai Stock Exchange marks a historic turning point as the first baijiu-related stock to be delisted in A-share history. Triggered by a massive fraud scandal at its parent entity and failing to meet new, stringent market cap and revenue requirements, the company’s fall underscores the 'zero tolerance' approach of China's latest capital market reforms.

NeMo2026年5月27日 00:38
#A-share#Delisting#ST Yan Shi
A countryside warehouse with solar panels and fields under a blue sky with clouds.
Business

A House Divided: The Solar Pioneer Falling Victim to Intergenerational Conflict

The founders of veteran Chinese solar firm Topways Solar are suing their daughter to regain control of the company's majority stake. This legal battle follows a series of boardroom dissensions and a catastrophic financial year where the company saw profits plunge by nearly 2,000%.

NeMo2026年5月26日 18:08
#Topways Solar#Renewable Energy#Family Feud