Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices on their goods to offset the impact of the Trump administration ... ( read original story ...)
BlackRock to appoint Yu Peihua as new China fund chief, sources say
BlackRock has hired Yu Beihua, formerly head of AXA's China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S. asset manager continues ... ( read original story ...)
Kiwi cancer patient flies to Shanghai for CAR-T therapy
Shanghai has emerged as a major hub for CAR-T cell therapy, drawing international patients to the city for the high-end treatment's affordable cost, high efficiency, and positive results. Emma Holden, ... ( read original story ...)
Biren secures pre-IPO funding as valuation tops US$2.1B, backed by Shanghai AI Industry Fund
Shanghai Guotou Pioneer Fund announced via its official WeChat account that its AI industry fund led a fresh investment round in Biren Technology (Biren), one of China's top GPU startups. Several ... ( read original story ...)
China Cools on Musk: ‘Two Cars for the Price of One Tesla’
Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important market. ( read original story ...)
‘Let’s Not Talk About It’: 5 Years Later, China’s Covid Shadow Lingers
People who endured the longest Covid restrictions in the world are still grappling with what they lost: their loved ones, their livelihoods, their dignity. ( read original story ...)
Haidilao diners offered refund, compensation
Haidilao, a popular Chinese hotpot chain, announced it will provide full refunds and substantial compensation to thousands of customers after two boys urinated into a hotpot at one of its Shanghai ... ( read original story ...)