13 June 2025

The Hong Kong government plans to permit more businesses to test higher-capacity aerial vehicles, aiming to boost the low-altitude economy and assess their impact on logistics efficiency and traffic, Deputy Financial Secretary Michael Wong Wai-lun said. Speaking to more than 100 government officials, company executives, venture capitalists and researchers at the International Automotive & Supply […]

Budget shopping site Temu, owned by Chinese online retailer PDD Holdings, is resuming direct shipments from China to the US, after Washington and Beijing agreed on a framework for a trade deal. Some items that had been removed from Temu’s US marketplace last month after it shifted to a “local fulfilment model” have been made

Chinese companies, including Huawei Technologies and Unitree Robotics, are grabbing plenty of attention at one of Europe’s largest technology shows in Paris this week, as Beijing commits to deepen technological ties with France amid an intensifying rivalry with the US. In a speech at the China Pavilion of the VivaTech trade show on Thursday, Chinese

TikTok owner ByteDance, whose Douyin short video app has emerged as a popular e-commerce shopping platform in China, will cut the guarantee deposit payable by merchants, in a move designed to keep existing sellers and lure new ones amid fierce competition. The deposit, held by the platform on behalf of sellers to cover potential costs