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China space plan highlights commitment to space exploration, analysts say

Chinese officials recently released a 25-year space exploration plan that details five major scientific themes and 17 priority areas for scientific breakthroughs with one...

Data Sheet: Warm embrace

Good morning. A new Pew Research Center survey is out about smartphones in schools. It’s either completely shocking or not at all, depending on...

McKinsey cuts hundreds of jobs in China business, WSJ reports

(Reuters) - U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around...

Chip firm ASML shares plunge 15% after warning of weaker China sales in early release

An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background.Nurphoto | Nurphoto | Getty ImagesShares in semiconductor...

China calls allegations that it infiltrated US critical infrastructure a ‘political farce’

China has denied allegations by the US government and Microsoft that a state-sponsored hacking group called the Volt Typhoon has infiltrated US critical infrastructure,...

Alibaba, JD.com, Pinduoduo kick-start Singles’ Day promotions on same day

Taobao and Tmall Group, Alibaba’s domestic e-commerce business unit, launched at 8pm on Monday the presale stage of its promotion for Singles’ Day –...

How China built the world’s longest high-speed railway

China has the world’s largest high-speed railway. Known as an “infrastructure monster”, it only took about 20 years for the country to develop the...

US Treasury calls for new IMF, World Bank steps to ease liquidity strains

By David LawderWASHINGTON (Reuters) -The U.S. Treasury's top economic diplomat on Friday called on the International Monetary Fund and multilateral development banks to work...

Indonesia bans Temu over fears Chinese shopping giant will ‘destroy’ local SMEs

Indonesia has banned Chinese online marketplace giant Temu to protect its micro, small and medium-sized enterprises from getting “destroyed” and prevent cheap products from...

Why China’s belt and road push could give it an edge in Southeast Asia

Southeast Asia is playing an ever-growing part in China’s investment and diplomatic decisions, particularly as Beijing’s rivalry with Washington heats up. In the third...

Morgan Stanley’s shopping list for commodity stocks to get a boost from China stimulus

These commodity stocks could win big as China moves to boost its struggling real estate sector and economy, according to Morgan Stanley. The picks...

IKEA shopping mall arm opens doors to $1 billion Shanghai development

By Casey HallSHANGHAI - IKEA's shopping malls business Ingka Centres opened a mixed-use project in Shanghai on Friday, costing over 8 billion yuan ($1.14...

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