Browsing Tag
Beijing
50 posts
China factory activity returns to growth as AI boom lifts September manufacturing PMI
China’s manufacturing PMI rose to 50.1 in September, ending two months of contraction as easing weather disruption and AI-related demand supported factories.
China’s Italy-sized Beijing no-fly zone takes effect after skyscraper plane crash
China’s new 280,000-square-kilometre restricted-airspace zone around Beijing takes effect September 20 following June’s deadly CITIC Tower aircraft crash.
China creates 600-km restricted airspace zone around Beijing months after CITIC Tower crash
China is creating a permanent restricted aviation zone covering more than 280,000 square kilometres around Beijing, with most non-approved flights barred from September 20.
China’s new exit rules take effect as technology-security cases gain power to restrict overseas travel
China’s expanded September 15 border rules allow exit restrictions linked to technology and industrial security, adding another layer to Beijing’s tightening national-security framework.
Gan & Lee Pharmaceuticals doses first participant with once-weekly oral GLP-1 candidate
Gan & Lee Pharmaceuticals has dosed the first participant in a 112-person Phase I study of GZC8072, an oral peptide GLP-1 receptor agonist designed for once-weekly administration, putting pharmacokinetics and tolerability ahead of any near-term weight-loss claims.
ByteDance’s $29.6bn loan is not a rescue financing, it is what an AI arms race looks like on a profitable balance sheet
ByteDance has reportedly expanded a planned $20 billion syndicated loan to $29.6 billion after lender demand exceeded $30 billion. The TikTok owner is considering as much as $70 billion of 2026 capital spending, largely around AI infrastructure, yet the loan is priced more cheaply than its previous offshore facility. For one of the world’s most valuable private companies, the financing shows how profitable AI leaders are beginning to combine enormous internal cash generation with public-company-scale debt markets.
Li Auto forecasts return to delivery growth as Q2 revenue drops to RMB25.7bn
Li Auto Q2 revenue fell 15% as it posted a RMB1.7B loss, but vehicle margins improved and Q3 guidance points to renewed delivery growth.
BOSS Zhipin revenue rises 14% as KANZHUN margins expand and AI recruitment investment accelerates
KANZHUN revenue rose 14% as BOSS Zhipin users topped 70M, operating profit jumped 33% and the company declared a $230M dividend.
Typhoon Dolphin floods eastern China after more than 1m people evacuated
Typhoon Dolphin floods eastern China after more than 1 million evacuations, grounding flights and raising river and landslide risks.
China targets 14 European entities as Russia sanctions trigger new EU trade confrontation
EU sanctions on Chinese suppliers have triggered immediate retaliation. European defence firms now face a new test of their dependence on Chinese inputs.