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
View AllTop News
The stand-off in the Middle East between Iran and the US continued through the weekend, with media reports suggesting both sides are still proposing changes to a pending peace framework negotiated through intermediaries.
Top Business
Shanghai-based AI startup MiniMax, whose HK-listed shares have surged fivefold since their debut in January, has hired Citic Securities to prepare for an an initial public offering in mainland, the South China Morning Post reported.
Economy & Markets
China's official measure of factory activity slipped in May amid fewer export orders and rising input costs, in part due to supply chain disruptions from the Iran war. The manufacturing purchasing managers' index (PMI) fell to 50 from expansion of 50.3 in April.
Corporate
Debt-troubled property developer China Vanke told its annual meeting last week that it completed repayment of 33.2 billion yuan (US$5 billion) in public bonds by the end of March and secured 28 billion yuan in new and refinance funding last year.
