An early chocoZAP gym in Osaka in 2022. As of May 2024, the number in Japan had eached 1,500. (Photo by Kosaku Mimura)
Consumer

Japan's affordable gyms plan to expand into China and Taiwan

Fitness facilities offer personal care, laundry and games with more to come

4 August 2024
Ola Electric founder Bhavish Aggarwal on a scooter at a press briefing in Mumbai on July 29. Ola is set to go public in India's biggest IPO this year.
Your Week in Asia

India's Ola Electric goes public, Australia-U.S. two-plus-two, Indonesian GDP

Your weekly lineup of Asia's biggest business and political events

4 August 2024
Lu Xinyi is among the entrepreneurs at the Bays Work accelerator in Shenzhen. (Photo by Itsuro Fujino)
Startups

Hong Kong startup founders flock north to tech hub Shenzhen

Mainland city's incentives draw new businesses as Beijing pushes integration

3 August 2024
The suit, also joined by the Federal Trade Commission, said it was aimed at putting an end "to TikTok's unlawful massive-scale invasions of children's privacy."
Society

U.S. sues TikTok over 'massive-scale' privacy violations of children

Short-video platform accused of not obtaining parental consent before collecting data

3 August 2024
Workers in Thailand prepare rubber sheets for shipment. (Photo by Hiroshi Kotani)
Commodities

Rubber prices fall to 2-month low on concerns over Chinese demand

Looser supplies, slower EV sales in China drag the market down

3 August 2024
China stopped importing Japanese seafood in August 2023 over the release of treated wastewater from the Fukushima Daiichi plant.
Trade

Japan first-half food exports down 1st time in 4 years amid China row

Seafood ban spurred by Fukushima water release looms over Tokyo's targets

3 August 2024
Tesla operates a gigafactory in Shanghai. 
Electric vehicles

Tesla sets up insurance brokerage in China

EV giant looks to offer related services in the market

2 August 2024
Customers and stallholders at a flea market in Beijing, China. An adviser to the country's central government has called for support for migrant workers and the direct distribution of money to households in order to boost consumption.
Economy

China's top economist calls for higher inflation to spur growth

PBOC adviser proposes CPI growth of 2-3% as 'rigid' policy target

2 August 2024
In July, BYD opened its first Southeast Asian EV assembly plant in Rayong, Thailand. (Photo by Shinya Sawai)
2 August 2024
Chinese President Xi Jinping welcomes Venezuelan President Nicolas Maduro in Beijing in September 2023, when they elevated ties to an "all-weather strategic partnership.' (Miraflores Palace via Reuters)
International relations

China's Venezuela connection: A warm state embrace with corporate cold feet

Xi gives Maduro 'all-weather' backing as election storm further clouds investment

2 August 2024
Shanghai's fashionable West Bund district is luring art lovers from China and beyond. (All photos by John Krich)
Arts

Shanghai repositions as cutting-edge art hub

West Bund development includes four big museums plus private galleries and cafes

2 August 2024
Apple has faced tougher competition from Chinese smartphone makers like Huawei Technologies and Vivo.
Technology

Apple sets new June quarter revenue record but China woes continue

iPhone maker in talks with Beijing to bring AI features to Chinese users

2 August 2024
Xiaomi's SU7 electric vehicle went on sale in March.
Electric cars in China

China's Xiaomi breaks ground on 2nd EV plant in Beijing

Move follows debut of the smartphone maker's 1st electric car

2 August 2024
Nintendo's Switch console has had only 50 or so games approved in China since its 2019 release there. (Photo by Itsuro Fujino)
Media & Entertainment

Nintendo and Sony hamstrung in China by thin game libraries

Regulators have approved only 1% of titles released for Switch and PS5

2 August 2024
China Coast Guard vessels fire water cannons toward a Philippine ship on May 4. China and the Philippines have seen an uptick in maritime clashes since last year.
Comment

South China Sea emerges as critical flashpoint in U.S.-China rivalry

Race for influence in key waterway leads to discord at ASEAN meeting

2 August 2024
Flags of participating countries are pictured ahead of the China-Arab summit in Riyadh in December 2022.
Business deals

Saudi sovereign fund PIF signs $50bn deals with Chinese banks

Pacts with 6 institutions encourage 2-way capital flows

1 August 2024
China's Fuzhou and U.S.'s Tacoma delegation at the US-China Sister Cities Summit.
US-China tensions

China woos local U.S. officials as tensions with Washington rise

Delegations of American mayors visiting China have grown since last year

1 August 2024
President Volodymyr Zelenskyy believes China can play a much more valuable role pressuring Russia to stop its war in Ukraine than posing as a mediator. 
Ukraine war

Ukraine's Zelenskyy wants China to put more pressure on Russia

President tells French media he wants war stopped by China, not mediated

1 August 2024
Supporters of the Balochistan Yakjehti Committee listen to their leader speak during the Baloch National Gathering in Gwadar on the southwestern coast of Pakistan on July 28.
Politics

Protests disrupt Pakistan's Gwadar, home of Chinese-controlled port

Turmoil led by group demanding recovery of victims of enforced disappearances

1 August 2024
A server pours Budweiser at a beer festival in Beijing. Budweiser Brewing Co. APAC, the Hong Kong-listed regional arm of Anheuser-Busch InBev, has reported sharply weaker performance in the country.
Food & Beverage

Budweiser group's China beer sales plunge by double digits

APAC CEO blames drop-off on COVID reopening hangover, weather, weak consumption

1 August 2024
Stream article image
#techAsia

China e-commerce shifts gear and TSMC heads to Europe

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

1 August 2024
Metro passengers peer into their phones in Shanghai on July 23. A proposal to create a new online identification system states that it would protect citizens by "minimizing the excessive collection of personal information by internet platforms."
Politics

China's cyberspace ID proposal triggers fear of stricter social control

Lawyers worry system would expand surveillance and make access a licensed privilege

1 August 2024
GDP for the ASEAN six is expected to increase by an average of 5.1% annually until 2034, outpacing China's projected growth of 3.5% to 4.5%. (Source photos by Ken Kobayashi and Reuters)
Economy

Southeast Asia to outpace China's GDP growth and foreign investment: report

Think tank projects 5.1% average growth next decade in six key economies

1 August 2024
Qualcomm's total revenue grew 11%, driven by rising global demand for chips used in AI smartphones, AI PCs and automobiles.
Companies

Qualcomm revenue from China smartphone makers grows 50%, driven by AI

Chipmaker says loss of Huawei export license will affect future earnings

1 August 2024
Venezuela's President Nicolas Maduro shakes hands with China's President Xi Jinping, during a meeting at the Great Hall of the People in Beijing on Sept. 13, 2023.
Opinion

China is the great power that keeps Venezuela's Maduro in power

Beijing quick to congratulate president on questionable election win

1 August 2024