Business News
Latest business news and updates
Total: 2931
China’s Green Pivot Gains Momentum as Renewables Surge and Fossil Fuels Retreat
China’s power generation grew by 4.2% in May, led by double-digit gains in solar and hydroelectric output while fossil fuel processing and coal production contracted. The data highlights a deepening structural shift toward renewable energy as the primary driver of industrial power demand.
The Great Reshuffle: China’s Traditional Auto Hubs Fight for Survival in the EV Age
As New Energy Vehicles (NEVs) dominate Chinese retail sales, traditional auto-producing provinces like Jilin and Hubei are seeing their production rankings collapse. To avoid industrial obsolescence, these regions are drafting aggressive five-year plans to pivot toward smart technology, supply chain integration, and partnerships with tech giants.
China’s Consumer Engine Sputters as May Retail Sales Dip into Surprise Contraction
China's retail sales fell 0.6% in May 2026, marking a significant slowdown in consumer spending despite a modest 1.4% gain over the first five months. The contraction was largely driven by a slump in automotive sales and a decline in urban physical retail, while online sales and rural markets provided the only sources of growth.
Tech-Led Liquidity Surge: China’s ChiNext Defies Headwinds as Daily Volume Breaks 3 Trillion Yuan
China's tech-focused ChiNext index rose 1.72% amid a massive 3 trillion yuan trading day, driven by a surge in PCB and AI-related hardware stocks. While the tech sector outperformed, traditional indices lagged, highlighting a deep divide between growth and value sectors in the A-share market.
The Great Pivot: Why China’s Leading Strategists are De-risking from the US AI Boom
East Money’s Chief Strategist Chen Guo is advocating for a strategic rebalancing of portfolios away from the concentrated US AI CAPEX chain toward domestic Chinese assets. Citing slowing growth rates and rising regulatory risks in the AI sector, the analysis suggests that the current market volatility presents a unique opportunity to diversify into undervalued financial and energy sectors.
China’s Broken Hog Cycle: The Structural Shift Reshaping the World’s Largest Pork Market
China's pork industry is undergoing a structural shift as the traditional 'Pig Cycle' gives way to a new era of industrialization and efficiency. High corporate concentration and technological breeding gains have created a persistent supply glut, while shifting consumer preferences toward poultry and beef are permanently dampening demand.
Beyond the Highest Bidder: Beijing’s Strategic Pivot in Mineral Governance
China has overhauled its mineral management framework to prioritize strategic resource security and technical expertise over simple price-based auctions. The new regulations mandate strict ecological restoration and implement 'use it or lose it' policies to accelerate domestic exploration.
The Golden Paradox: Why a Potential Mid-East Thaw is Fueling China's Bullion Fever
Gold prices in China have returned to 1,300 RMB per gram as international spot prices climbed above $4,300 per ounce. Despite conflicting signals from global investment banks, structural factors like de-dollarization and central bank demand continue to support a long-term bullish outlook for the precious metal.
The Trillion-Dollar Frontier: SpaceX’s Historic Surge Redefines the Global Market Landscape
SpaceX has achieved a historic $2.5 trillion valuation following its IPO, driving Elon Musk's net worth to a record $1.3 trillion. Amid geopolitical easing and a tech-led market rally, the company's rapid ascent is forcing a global revaluation of index benchmarks and sector weightings.
China’s Tech Sector Rebounds as Market Pivot Shifts Toward 'Hard Tech' and AI Materials
The ChiNext index rose 0.79% as Chinese investors pivot from defensive stocks back into 'hard tech' and AI infrastructure materials. Fueled by a global recovery in risk appetite and surging prices for upstream electronics components, the market is increasingly focused on the AI hardware supply chain.
The Halo Effect: China’s Stock Market Grapples with Vague ‘Big Tech’ Partnerships
Chinese regulators and analysts are sounding the alarm over 'concept hype,' where A-share companies use vague disclosures of partnerships with global tech giants to manipulate stock prices. This trend exposes significant gaps between Chinese and international disclosure standards, prompting calls for more stringent reporting on actual commercial substance.
Dancing for Orders: The Digital Reinvention of China’s Industrial Heirs
China’s manufacturing heirs are increasingly turning to short-video platforms like Douyin to secure orders and modernize their family businesses. This shift reflects a broader succession crisis and the transition from traditional 'Guanxi' business models to digital-first branding in a tightening economy.