Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

ALIBABA said on Monday it plans to invest at least 380 billion yuan (S$70 billion) in its cloud computing and artificial ...

China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions.

Xi also “urged entrepreneurs to focus on high-quality development, invest in their main businesses, strengthen their ...

Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...

Chinese carmakers have continued their strong performance, capturing a larger share of the world's largest automotive market.

Vipshop's 4Q24 revenue beat forecasts, but weak fundamentals and limited global exposure suggest caution. Read why we are ...

Xi’s warm words mark a welcome thaw in state-business relations, but Beijing needs to go further to win back the trust of companies and revive animal spirits. Investor faith in China — both at home ...

GUANGZHOU -- More Chinese manufacturers of electric and other new energy vehicles are emerging from years of losses to join BYD in turning a profit, thanks partly to alternatives to pure EVs that ...

In a drab office in China's industrial heartland, Andy Xiao frets over the future of his shoe materials business, now ...

Globally, all major stock indexes ticked downwards on a weekly basis, following negative economic news and mixed earnings ...