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.
Daily Buzz
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Chinese President Xi Jinping and visiting Russian President Vladmir Putin pledged to maintain close ties in a changing world. The two leaders signed 20 accords ranging across trade, education, science and technology.
Top Business
Hangzhou-based Deep Robotics, which makes four-legged "dog robots," is seeking to raise 2.5 billion yuan (US$368 million) from a listing on Shanghai's STAR Market. The company turned profitable last year on a tripling of revenue.
Economy & Markets
Shares of Shanghai-based aviation and aerospace parts supplier Top Numerical Control Technology ended 80 percent higher on their debut in Hong Kong on Wednesday. The company's initial public offering raised HK$1.7 billion (US$220 million.
Corporate
BYD, China's biggest electric carmaker, declined to comment on media reports that it's in talks to buy 25 percent of Renault's Alpine Formula 1 racing team from private equity firm Otro Capital and is also seeking to take over Renault's engine plant in France, Yicai reported.
