China Business NOW

Stephanie: Hello! Welcome to this edition of CBN Correspondent. I’m Stephanie Li. Holding a cup of coffee made by a robot powered by green electricity, strolling leisurely around Dongyu Island, where solar panels glisten in the sunlight, PV tiles line the plaza ground, flower-shaped wind turbines gently spin in the sea breeze, and greenery-covered walls drape buildings in a lush ecological coat. Q...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Global financial institutions are bullish on Chinese equities amid vigorous AI push; China’s major industrial firms continue to show improvement in profit in first 2 months. Here’s what you need to know about China in the past 24 hours  Wall Street investment banks stepped up their bullish calls on Chinese equities as Morgan Stanley...

Hi everyone. I’m Stephanie LI. Coming up on today’s program John Lee champions free trade at Boao Forum and strengthens cooperation with Hainan in investment and ASEAN market expansion; Singapore's Deputy PM visited Baidu's Apollo park in Beijing. Here’s what you need to know about China in the past 24 hours  Hong Kong Chief Executive John Lee Ka-chiu on Tuesday championed free trad...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Boao Forum for Asia kicks off its annual conference with a highlight in cooperation amid uncertainties; BYD closes out record 2024 with over USD100 billion in sales. Here’s what you need to know about China in the past 24 hours  With the conclusion of the China Development Forum (CDF), one of the country's major international event,...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Premier Li Qiang pledges to expand market access for foreign investors at high-level economic forum in Beijing;  "Ne Zha" franchise slays Chinese film record with 20 billion yuan earnings. Here’s what you need to know about China in the past 24 hours  Reiterating China's commitment to openness and global collaboration, Chinese P...

Hello! Welcome to this edition of CBN Perspective. I’m Stephanie Li. If your English teacher was someone who looks just like the renowned Hong Kong-based American actor Daniel Wu Neh-tsu, would you still have struggled with English learning? Probably no. For my friend Shirley, a 30-year-old white collar in Guangzhou who paid 398 yuan for Daniel Wu’s AI-powered English course, her “romantic yet edu...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Chinese airlines ramp up international flights to meet ever-growing “China Travel” fever; China holds key lending rates steady on positive signs for economic recovery. Here’s what you need to know about China in the past 24 hours Chinese airlines are expanding international routes to accommodate a rise in foreign passenger visits at Chine...

Hi everyone. I’m Stephanie LI. Coming up on today’s program NVIDIA unveils next-gen chips and AI supercomputer, while AMD CEO is on strategic China visit to fortify local AI alliance; HK simplifies entry for invited ASEAN visitors. Here’s what you need to know about China in the past 24 hours  The global AI computing power race is reaching fever pitch, as a semiconductor showdown of epic prop...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Baidu launched two new models to join China's latest push of AI development; Henderson Land Development's founder Lee Shau-kee passes away at 97. Here’s what you need to know about China in the past 24 hours China's tech companies are ramping up efforts in artificial intelligence (AI) development, launching a growing number of new models...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China's economy has maintained strong momentum in the first two months, while a comprehensive initiative was unveiled to boost consumption; Guangdong holds high-tech focused job fair. Here’s what you need to know about China in the past 24 hours China’s economic growth goal of around 5 percent is not an easy task, said the National Bureau...

Hello! Welcome to CBN Perspective. I’m Stephanie Li. Imagine this: At 9 p.m. sharp, the lights dim at DJI’s Shenzhen headquarters, and employees are literally herded out by security guards; over at Midea, offices go dark by 6:20 p.m., with strict bans on after-hours meetings; and PowerPoints are getting the boot at MINISO, where reports must now fit on three pages max. This isn’t a dystopian HR ex...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Chinese NEVs power up Southeast Asia through deepened partnerships; Intel hires Malaysian-Chinese veteran as new CEO. Here’s what you need to know about China in the past 24 hours  Last November, Chinese automaker SAIC-GM-Wuling (SGMW) rolled a compact electric vehicle model off the assembly line at its subsidiary in Indonesia. The s...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Asia-Pacific markets plummeted as U.S. tariff tensions spark recession fears; South China’s Guangxi proposes China-ASEAN AI innovation cooperation center. Here’s what you need to know about China in the past 24 hours Most Asia-Pacific stock indexes slid on Tuesday, following a plunge in US stock markets on Monday US time, as anxiety over...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Foreign institutions look forward to China's supportive policies to shore up economy and consumption this year; South Korean investors' China stock trades reach 2.5-year high. China’s Annual Two Sessions 2025 Overseas financial institutions have expressed enthusiasm for the Chinese government's upcoming policies to expand domestic demand,...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China’s employment shows good start this year; China's Feb inflation declines mainly due to holiday effects. China’s Annual Two Sessions 2025  China's employment situation this year is expected to maintain overall stability with improvements, despite the challenging task of creating more jobs, Wang Xiaoping, Minister of Human Resourc...

Hello! Welcome to CBN Perspective. I’m Stephanie Li. Two decades ago, a modest restaurant in the middle of Northern China’s Henan province saw its business take off after selling cut-price soft serve for just 1 yuan per cone. Today, it has overtaken McDonald’s and Starbucks with over 45,000 stores worldwide, becoming the world’s largest food and beverage chain by store count. Mixue Ice Cream &...

China’s Annual Two Sessions 2025 China’s top economic officials held a press conference on Thursday afternoon as part of the Two Sessions, with heads of China’s economic planner, finance and commerce ministries, central bank and securities regulator attending. China is fully confident in achieving the economic growth target of around 5 percent this year as there is solid foundation, support and gu...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China sets major targets for 2025, including 5% GDP growth and 4% deficit-to-GDP ratio; First “Ministers’ Passage” opens for interviews today at the Two Sessions. China’s Annual Two Sessions 2025 China has set an economic growth target of "around 5 percent" for 2025, the same as last year's figure, as the world's second-largest economy em...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Shenzhen aims to expand its AI terminal industry to a scale of 1 trillion yuan by 2026; China will impose extra tariffs of 10-15% on various US imports from March 10. Here’s what you need to know about China in the past 24 hours  Shenzhen city, a technology hub in South China's Guangdong Province, on Monday released an action plan to...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China's largest bubble tea chain Mixue soared 43% on Hong Kong trading debut; China's manufacturing PMI rises to 50.2 in February. Here’s what you need to know about China in the past 24 hours  Shares of China's largest bubble tea and drinks chain Mixue Group jumped over 40 percent by midday on their first day of trading on the Hong...

Stephanie: Hello! Welcome to the new CBN x ASEAN Watch. I’m your host Stephanie Li.  Sharon: Hello, I’m Sharon Hu, your ASEAN correspondent. Stephanie: Thank you Sharon for joining the CBN as a regular guest. So, you know I’m a heavy user of Xiaohongshu, and recently I came across so many posts by users from Hong Kong, South Korea, Malaysia, Singapore, etc, and they all feature a super-adorab...

Hi everyone. I’m Stephanie LI. Coming up on today’s program “Ne Zha 2” becomes the highest-grossing Chinese IP on Taobao, bringing surging orders to Chinese toy factories; Barrier is lowered for HK, Macao firms to invest in mainland insurers. Here’s what you need to know about China in the past 24 hours “Ne Zha 2” merchandise sales have exceeded 300 million yuan on Taobao, breaking a two-year reco...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Hong Kong will set aside HKD1 billion for R&D in AI and HKD3.7 billion in Hetao Cooperation Zone in new budget; China is set to cement legal protection for private sector. Here’s what you need to know about China in the past 24 hours  Hong Kong stocks rallied on Wednesday after the Financial Secretary Paul Chan Mo-po pr...

Hi everyone. I’m Stephanie LI. Coming up on today’s program Private sector continued to lead China’s foreign trade last year; Shenzhen will double down on AI, robotics and low altitude economy. Here’s what you need to know about China in the past 24 hours China's private enterprises remained the leading category of foreign trade operators in the country for a sixth straight year, making notable ac...

Hi everyone. I’m Stephanie LI. Coming up on today’s program China's tech hub Shenzhen will launch 10 billion yuan fund to accelerate AI industry growth; More than 9 billion passenger trips estimated during China's 2025 Spring Festival travel rush. Here’s what you need to know about China in the past 24 hours  The south China tech hub of Shenzhen will launch a 10 billion yuan industry fund to...