China Biz Buzz tells the story of business in China as it's being rewritten. From harbors to high-rises, new ideas are redefining markets. We follow the innovators and builders whose work crosses borders, reshapes industries, and sets new terms for the future. Each in-depth report offers a window into the China-driven forces remaking the modern world.
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President Donald Trump said the preliminary peace framework with Iran has already been electronically signed and details will be released "pretty soon." A formal signing ceremony is scheduled in Geneva on Friday, attended by the US Vice President JD Vance and chief Iranian negotiator...
Top Business
Chinese tech company ByteDance, owner of TikTok, is in talks with Shanghai-based Iluvatar CoreX to purchase at least 50,000 AI chips for inference work and is also considering a deal to buy Kunlunxin chips from Baidu, Reuters reported, citing sources familiar with the talks.
Economy & Markets
The Abu Dhabi government is fast-tracking its green-economy ambitions by leveraging China's technologies in renewable energy, electric cars and robotics, the South China Morning Post reported, citing the country's energy chief.
Corporate
Shenzhen-based Ubtech Robotics said it received nearly 4,000 pre-orders of its full-size U1 companion bionic humanoid robot within 10 days of its unveiling, with more than 10 million yuan (US$1.5 million) in paid deposits. The robots come in male and female versions and are available only to adults.
