China advances development bank to help 10 Eurasian countries curb US dollar risks
A strong push on Monday to create a development bank serving 10 Eurasian countries, including China, would help insulate the group from increasingly risky US dollar-dominated trade while accelerating key…
Starbucks denies reports it plans to fully exit China · TechNode
Starbucks has responded to rumours of a potential stake sale in its China operations after reports resurfaced that the American coffee giant is looking for buyers for its business in…
Hong Kong’s crop of green bonds, ESG funds flourishes under mainland China’s climate push
Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as strong demand from regional mainland governments…
UBTECH plans Middle East mega factory after $1 billion Infini Capital deal · TechNode
Chinese tech firm UBTECH Robotics announced Monday that it had signed a $1 billion strategic financing agreement with global investment firm Infini Capital. Under the agreement, Infini Capital’s high-tech fund…
Youdao expands beyond education with AI-powered products
Youdao CEO Zhou Feng delivers a keynote speech at the company“s product launch ceremony. Youdao, the online education arm of Chinese tech firm NetEase, is widening its business horizons with…
New war memorials honor sacrifices home, abroad
China has released its fourth list of newly designated memorial facilities and historical sites to commemorate victory in the Chinese People“s War of Resistance Against Japanese Aggression (1931-45), while also…
Country’s green drive offers lessons for urbanization globally
Employees use a drone to maneuver photovoltaic panels for installation on the roof of a coal shed in Ma“anshan, Anhui province, on May 5. ZHANG MINGWEI/FOR CHINA DAILY China’s rapid…
Coal freight corridor hits new milestone
A train loaded with thermal coal departs Hudong Railway Station in Datong, Shanxi province, on Thursday. CHINADAILY A 20,000-metric-ton heavy-haul train, No 73003, loaded with thermal coal, departed from Hudong…
China Coast Guard patrols waters around Huangyan Island
BEIJING – The China Coast Guard (CCG) conducted law enforcement patrols in the territorial waters off China“s Huangyan Island and surrounding areas on Friday. In a statement, the CCG said…
Travel agency launches immersive dining in Shanghai
Travel agency Trip.com Group has unveiled an immersive 90-minute dining experience that blends cuisine, digital storytelling and live performances. Travel agency Trip.com Group has unveiled „Taste of China“, an immersive…