China’s banks face their ‘Japanification moment’, S&P report warns
China’s banks are edging towards their “Japanification moment”, as years of yielding margins to support the economy have…
Ant Group’s Alipay and Tencent’s Weixin Pay embrace China’s cross-border payment system
China’s two largest mobile payment services, Ant Group’s Alipay and Tencent Holdings’ Weixin Pay, have adopted a new…
China set for bumper ‘golden week’ travel rush in boost for economy
China is likely to see a bumper surge in travel bookings for the coming “golden week” holiday –…
Alibaba releases next-generation Qwen3 model as AI rivalry intensifies
Alibaba Group Holding on Friday open-sourced its latest artificial intelligence model, built on the new Qwen3-Next architecture, which…
Alibaba’s Qwen3 and Moonshot’s Kimi-K2 crack top 10 AI rankings, closing in on US models
Two new Chinese artificial intelligence models have broken into a top 10 leaderboard for both open- and closed-source…
Alibaba releases biggest AI model to date to rival OpenAI and Google DeepMind
Alibaba Group Holding continues to scale up its artificial intelligence efforts with the release of its biggest AI…
Tencent counts on demand for Chinese AI tools to lift overseas cloud computing business
Tencent Holdings is aiming for “aggressive” growth in the international cloud computing market, on the back of the…
Tech war: Huawei executive claims victory over US sanctions with computing, AI ecosystem
China has virtually overcome crippling US tech restrictions, according to a senior executive at Huawei Technologies, as mainland-developed…