Business News
Latest business news and updates
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Chasing the Sun: Longi Green Energy Battles a Bitter Solar Winter
Longi Green Energy, a global solar leader, is navigating significant financial losses caused by severe industry overcapacity and falling global prices. The company is attempting a strategic turnaround by prioritizing its proprietary Back Contact (BC) technology and expanding into the energy storage and integrated solutions market.
Technocrat with Global Pedigree: China Taps Market Veteran Liu Haoling for Top Securities Post
Liu Haoling, a veteran of China's sovereign wealth fund with an international academic background, has been appointed Vice Chairman of the CSRC. His extensive experience in risk management and compliance is expected to play a key role in Beijing's efforts to stabilize and professionalize its domestic capital markets.
Credit Stimulus and AI Interconnectivity: Navigating China’s 2026 May Day Economic Window
China is utilizing the 2026 May Day holiday to stimulate internal consumption through state-led financial incentives and high-tech AI integration. The period highlights a strategic convergence of domestic credit expansion, energy security breakthroughs, and the rapid adoption of localized AI models.
The Reluctant Investor: Why China’s Policy Blitz Fails to Stir Private Capital
China has launched a new wave of investment reforms aimed at reviving private sector confidence by streamlining approvals and overhauling Public-Private Partnership (PPP) models. Despite these efforts, private investment remains sluggish as entrepreneurs demand genuine fair treatment and the removal of systemic entry barriers that favor state-owned enterprises.
Profit Over Personalities: East Buy’s Industrial Pivot Pays Off as Stars Vanish
East Buy has achieved a massive surge in profitability despite the departure of its top livestreaming hosts. The company is aggressively pivoting from a talent-driven agency to a product-focused retail brand, though this strategy risks alienating a loyal fan base that values the platform's original cultural appeal.
Growth Over Defense: China’s 2.6 Trillion Yuan Market Surge Signals Shift to Tech and Energy
Chinese equities saw a massive 2.6 trillion yuan turnover as the Shanghai Composite breached 4100 points, driven by a rotation from defensive banks into AI and green energy metals. Market sentiment has turned bullish as investors focus on technological innovation and potential diplomatic breakthroughs, despite previous geopolitical concerns.
Turbulence in the Trough: Why China’s Labor Day Airfares are Diving at the Eleventh Hour
Chinese domestic airfares for the Labor Day holiday have seen unexpected last-minute price drops on several major routes, driven by shifting demand patterns and high fuel surcharges. While overall travel remains expensive compared to 2019, the volatility highlights a more price-sensitive consumer base and a new 'front-running' travel trend among families.
The Margin Squeeze: Why China’s Steel Giants are Struggling Despite Record Inventories
China's steel industry is facing a severe profit squeeze as raw material costs remain high despite record iron ore inventories. Geopolitical tensions in the Middle East are driving up shipping and energy costs, leaving domestic mills caught between oversupply and rising input prices.
Growth vs. Macro Volatility: China's Tech and Green Energy Sectors Face Opening Bell Turbulence
Chinese markets opened lower on April 29, led by declines in semiconductors and green energy, while liquor giant Wuliangye hit a multi-year low. Despite short-term macro pressures and geopolitical concerns, institutional analysts believe high-growth themes like AI and carbon-neutral energy will reclaim their leading roles as external risks stabilize.
The New Center of Gravity: How BYD’s Beijing Blitz Signals a Global Shift in EV Dominance
BYD's total dominance of the 2026 Beijing Auto Show highlights its transition from a regional player to a global technology leader. With record-breaking export figures and breakthroughs in ultra-fast charging and autonomous systems, the company is setting the pace for the international automotive industry.
A Fracturing Cartel and a High-Tech Pivot: The UAE Exits OPEC as China Doubles Down on 'AI+'
The UAE's exit from OPEC marks a turning point in global energy geopolitics, coinciding with China's strategic shift toward an AI-driven economy and a crackdown on domestic 'involutionary' competition. As traditional manufacturing faces margin pressure, Beijing is doubling down on high-tech infrastructure and Global South trade alliances.
The Gloves Come Off in Beijing: VW and Li Auto’s Public Spat Highlights the Brutal Realities of China’s EV Market
A public confrontation between the CEOs of Li Auto and SAIC-Volkswagen at the Beijing Auto Show signals intensifying competition in China’s premium EV sector. The dispute centers on the validity of extended-range technology and whether marketing savvy or engineering depth will define the next generation of Chinese motoring.