7 August 2025

China aims for its brain-computer interface firms to rival Elon Musk’s Neuralink

China aims for its brain-computer interface firms to rival Elon Musk’s Neuralink

Chinese brain-computer interface (BCI) companies, such as Nanjing Panda Electronics and MicroPort NeuroScientific, are benefiting from supportive policies, as the country vows to develop “two or three” global players in the sector by 2030 to compete with US entrepreneur Elon Musk’s Neuralink. In a document released on July 30 by seven ministries, including the Ministry […]

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Ant Digital promotes blockchain platform as Hong Kong implements stablecoin law

Ant Digital promotes blockchain platform as Hong Kong implements stablecoin law

Ant Digital, an affiliate of Chinese fintech giant Ant Group, is promoting its blockchain platform for asset tokenisation in Hong Kong, a week after the city’s stablecoin law came into effect. Ant is positioning itself as a “portal” that connects Web2 and Web3, “providing more credible assets to Web3 and more compliant capital to Web2”,

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World robotics conference in China marks 10th year with JD.com as strategic partner

World robotics conference in China marks 10th year with JD.com as strategic partner

At the conference, which will run from Friday to Tuesday, JD.com would announce “a major strategic plan to promote the development of the robotics industry and further deepen strategic cooperation with intelligent robot brands”, the company said in a statement on Tuesday posted on the event’s website. JD.com is expected to collaborate with some of

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Yum China raises target for opening mainland coffee shops as cafe culture takes hold

Yum China raises target for opening mainland coffee shops as cafe culture takes hold

Yum China Holdings, owner of the KFC and Pizza Hut restaurant brands on the mainland, has raised its target for opening new coffee shops as a cafe culture has spurred consumer spending. The company was expected to operate 1,700 KCoffee cafes across the country by the end of 2025, up from the previous target of

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