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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A Singapore-registered container ship sank in the Strait of Hormuz on Wednesday and another sustained hull damage after attacks from unidentified projectiles. The GFS Pride sank after it caught fire. The ship's 21 crew members were safely evacuated.
Top Business
Yangtze Memory Technologies, a leading Chinese maker of NAND flash chips, moved up to third place globally behind Samsung Electronics and SK Hynix, with shipments capturing 14 percent of the worldwide market, according to Counterpoint Research.
Economy & Markets
China's export growth in September beat forecasts with a 36.3 percent surge in overseas shipments, the fastest pace since February, customs data showed. That exceeded August's 25 percent increase, and highlighted the key role exports still play in economic growth.
Corporate
Tencent has launched "Green Bubble Short Drama," a mini-program on WeChat that lets users watch short-drama series without downloading a separate app, adding to competition in China's booming micro-drama market.
