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Forest growth in the EU outpaces harvesting

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Chagee to tap South Korea for global expansion

Chinese tea beverage chain Chagee has announced that it will officially enter the South Korean market, with its first store slated to open in Seoul’s business hub Gangnam in the second quarter of this year. Chagee said it plans to complement the flagship location with two additional outlets in key urban hubs — one at…

Tencent Cloud upgrades enterprise OpenClaw solution to accelerate AI adoption

Tencent Cloud rolled out an upgraded enterprise-grade solution on Wednesday aimed at making technology safer and easier to deploy at scale, as the rapid rise of OpenClaw fuels business interest to embed artificial intelligence into daily operations. Tencent Cloud said it has enhanced its agent development platform with a new offering dubbed “ADP Claw”, designed…

Haleon eyes growth with new unit in Shanghai

Seeing China as not only a key market, but also a place with significant potential for long-term growth, innovation and partnership, Haleon, a British consumer health company, has reiterated its long-term commitment to the country, announcing plans for a new manufacturing facility for oral care products. Brian McNamara, CEO of Haleon, said: “Every visit reinforces…

Audi revenue grows in 2025 as EV sales rise

Audi AG CEO Gernot Doellner delivers a speech on March 17, 2026. [Photo provided to chinadaily.com.cn] Audi AG’s sales revenue reached 65.5 billion euros ($75.5 billion) in 2025, slightly up from 64.5 billion euros in 2024, thanks to record-making EV sales and intragroup sales of Cupra vehicles, said the German premium carmaker on Tuesday. However,…

China maintains easing stance as oil risks rise

China’s monetary policy is set to remain on an easing path to support growth and domestic demand as the United States Federal Reserve held rates steady amid rising oil prices driven by geopolitical uncertainties in the Middle East, officials and analysts said. Potential oil prices-led inflationary pressures facing China’s economy are manageable and will be…

Chinese robotics founder says humanoids could outrun humans within months

Humanoid robots perform at the 2025 World Robot Conference (WRC) in Beijing, capital of China, Aug 11, 2025. [Photo/Xinhua] Chinese humanoid robots could soon surpass human sprinting speeds, potentially outpacing Olympic champion Usain Bolt in the 100 meters, according to the founder of Chinese robotics firm Unitree Robotics. Speaking at the Yabuli China Entrepreneurs Forum…

Nation’s energy supply seen on steady track

An image captures a vessel docking at an offshore oil drilling platform in the Bohai Sea on Dec 21. DU PENGHUI/XINHUA As geopolitical tensions in the Middle East continue to roil international energy markets, China’s petroleum sector has demonstrated remarkable resilience, maintaining a steady supply of oil and gas to power the world’s second-largest economy. China’s…

SKP expands domestic luxury footprint

SKP, the country’s leading luxury department store operator, is expanding with a new flagship in Guangzhou, Guangdong province, signaling growing momentum in the country’s high-end retail sector. The store, the first SKP in South China, is expected to become a landmark for luxury shopping and will join the ranks of Taikoo Hui and MixC in…

Air cargo service injects impetus into AI chains

Air cargo played a critical role in sustaining global trade and powering the rapid expansion of artificial intelligence supply chains in 2025, while China’s aviation sector is positioning itself to capture a larger share of the market through investment in cargo hubs. Data from the International Air Transport Association, or IATA, showed that global air…