French President Emmanuel Macron said on Tuesday that Europe does not want to be a “vassal” that is dependent on US and Chinese tech companies, calling for a “European preference” in the sector. “Europe doesn’t want to be the client of the big entrepreneurs or the big solutions being provided either from the US or from China, we clearly want …
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China’s Baidu posts 50% rise in AI revenue despite third-quarter slump
Chinese internet search giant Baidu on Tuesday reported a 50 per cent increase in artificial intelligence-related revenue in the three months ended September from a year ago, which was the bright spot to an otherwise lacklustre financial quarter. The Beijing-based company’s third-quarter revenue declined 7 per cent year on year to 31.2 billion yuan (US$4.4 billion), owing to sluggish demand …
Read More »Japanese yen weakens to 9‑month low, hits 155 to US dollar amid uncertainties
The Japanese yen slid to a nine-month low against the US dollar, breaching a closely watched threshold of 155 amid domestic policy uncertainties, fading expectations of a Federal Reserve rate cut in December, and amplified China-Japan tensions over Taiwan. The yen’s exchange rate briefly weakened beyond 155.3 to the dollar on Tuesday before improving slightly, while broader markets also came …
Read More »Beijing-Tokyo row over Takaichi’s Taiwan comments: everything you need to know
We have put together stories from our coverage of Japanese Prime Minister Sanae Takaichi’s comments on Taiwan, the reaction and articles on Beijing-Tokyo relations for context. If you would like to see more of our reporting, please consider subscribing. 1. Beijing slams Japanese PM for ‘seriously damaging’ ties over Taiwan comment This article was published on November 10, 2025. 2. …
Read More »KFC, Pizza Hut operator Yum China pushes rapid expansion into lower-tier cities
Yum China Holdings, operator of KFC and Pizza Hut restaurant chains across mainland China and Hong Kong, plans to ramp up expansion into more lower-tier cities based on its flexible store formats, expecting this push to generate higher returns for the company over the next five years. At the company’s Investor Day conference in Shenzhen on Monday, CEO Joey Wat …
Read More »800 million: how a new target indicates a shift in China’s economic strategy
Xiao Mei, a kindergarten teaching assistant living in the suburbs of Hangzhou in eastern China, has barely seen her income rise for three years and is not optimistic about her chances of getting a pay rise any time soon. Still, she counts herself as relatively fortunate. “At least I haven’t had my pay cut or lost my job,” she said, …
Read More »China’s Queen Bao Si was blamed for millennia. Science has cleared her name
Few women in Chinese history have been as scorned – or as misunderstood – as Bao Si. For nearly three millennia, the queen has been remembered not as a person, but as a symbol: the beautiful femme fatale whose cold heart and unparalleled beauty brought down a dynasty. According to legend, Bao Si was a queen so aloof she never …
Read More »China’s jumbo Sichuan 076 amphibious assault ship completes first sea trials
China’s next-generation “drone-carrier” amphibious assault ship, the Sichuan, completed its first sea trials on Sunday afternoon, state broadcaster CCTV said. The three-day trial marks a major step forward for the People’s Liberation Army to take delivery of its first Type 076 amphibious assault carrier, seen as a key asset for China’s unmanned aerial vehicle (UAV) operations. The trials, which began …
Read More »Shaolin Temple abbot Shi Yongxin closer to prosecution over money scandals
Local authorities have formally approved the arrest of the former head of China’s famous Shaolin Temple, four months after he was placed under criminal investigation for alleged financial and sex scandals. Shi Yongxin’s arrest had been approved “on suspicion of embezzlement, misappropriation of funds, and accepting bribes as a non-state functionary”, the Xinxiang Procuratorate announced in a statement on Sunday. …
Read More »Shanghai dreams of a new era of ‘AI restaurants’. But can diners stomach it?
China’s premier metropolis has a vision for the future of dining – and it is one involving restaurants run by artificial intelligence, with automated kitchens, robot servers, data-driven menus and intelligent supply chains. The spread of automation in the catering sector has become a hot-button issue in China over recent months, but Shanghai appears committed to charging ahead with a …
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