Premium office rents in Guangzhou dropped 10.1% in 2025, logging their sharpest annual decline since 2010, reports Caixin. This comes as cost-cutting firms vacated prime locations in favor of lower-priced alternatives. The vacancy rate in the city climbed to 21.2% by the end of the year, up 2.4 percentage points, according to data released Tuesday by […]
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Shanghai will open “free-to-fly” zones in the city for drones from February 1, reports the South China Morning Post. The move is part of streamlined regulations designed to support the country’s development of a low-altitude economy. According to Shanghai’s new guidelines for civil unmanned aerial vehicles (UAVs), consumer drones will be allowed to fly in certain “suitable airspace” in the […]
The US House of Representatives Foreign Affairs Committee on Wednesday overwhelmingly advanced a bill that would give Congress power over artificial intelligence chip exports, reports Reuters. This comes despite pushback from the White House and a social media campaign against the legislation. Representative Brian Mast of Florida, chair of the House Foreign Affairs Committee, introduced the […]
China could see its first flying car begin carrying paying passengers in 2026, reports the South China Morning Post. This comes as government backing and a growing pipeline of electric vertical take-off and landing (eVTOL) vehicle makers push the country’s “low-altitude economy” closer to commercial reality. Seven eVTOL manufacturers were expected to start delivering products before the end […]
China’s trade surplus with Africa hit a record high of $102 billion in 2025, up from $62 billion the year before. The total export revenue was $225 billion, almost double African shipments to China which generated $123 billion. Analysts have said that the spike in Africa-trade may be in response to the pressures on China’s […]