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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China and the EU announced steps to resolve a longstanding dispute over European import tariffs on China-made electric cars. According to a jointly released "guidance document," the agreement essentially would allow Chinese carmakers to avoid EU tariffs as high as 35 percent by committing to...
Top Business
Hong Kong shares of the three big rivals in China's fast food-delivery sector – Alibaba, Meituan and JD.com -- rose after Beijing announced yet another attempt to rein in a price war that has eaten into profits.
Economy & Markets
Shares in China's OmniVision Integrated Circuits rose 16 percent in their Hong Kong trading debut this week after an initial public offering that raised HK$4.8 billion (US$616 million). The company, already listed in Shanghai, said it will use the proceeds for expansion of research and development.
Corporate
Tesla owner Elon Musk said he will open source the new algorithm of his X social media platform next week. The move will include code for what Musk called "organic and advertising post" recommendations, adding that updates will be issued every four weeks.
