May 29, 2023 20:25 PM- Chinese-Developed C919 Completes Maiden Commercial Flight
- Manufacturer Comac designed the homegrown airliner as a would-be competitor to Boeing and Airbus’s single-aisle jets
May 27, 2023 18:24 PM- China Battery Maker CALB Rescinds Job Offers to Hundreds of Fresh Graduates, Sources Say
- The move comes amid belt tightening due to shifting market demand in the electric vehicle market
May 27, 2023 17:05 PM- Tsinghua Unisplendour Finalizes Plan for $3.5 Billion Buyout of Hewlett Packard’s Stake in JV
- New H3C Technologies, which is the exclusive provider of HPE servers, storage and related IT services in China, will become a solely-owned unit of Unigroup
May 26, 2023 03:42 AM- Update: EV Startup Aiways Looks Overseas as Domestic Business Grinds to a Halt, Sources Say
- Challenges at home have left the firm struggling with production and paying its staff
May 26, 2023 02:51 AM- Shein Marches Into Amazon-Like Platform to Compete With Temu
- Chinese Fast-fashion giant gears up for head-to-head competition in the U.S. and Mexico after using Brazil as a test bed
May 25, 2023 20:53 PM- Analysis: China’s Holiday Spending Boom Masks Patchy Recovery
- Disappointing economic data, including an unexpected contraction in manufacturing activity and high youth unemployment highlight uneven recovery from the pandemic
May 25, 2023 20:50 PM- Alibaba to Cut 7% of Cloud Unit’s Staff
- The layoffs come as the tech giant prepares to spin off the business before an eventual IPO as part of a major overhaul unveiled in March
May 25, 2023 06:22 AM- Tahoe Group Faces Delisting From Shenzhen Stock Exchange
- Debt-ridden developer’s shares have traded below 1 yuan for 13 days and aren’t likely to return to the 1 yuan threshold before the 20-day delisting limit
May 24, 2023 03:52 AM- Logan and KWG’s HK Luxury Towers May Be Taken Over by Creditors
- Both developers defaulted on debts, clearing the way for HSBC, Standard Chartered and ICBC to seize the project on which they issued $1.3 billion of loans
May 24, 2023 03:48 AM- Chinese Supermarket Chains Hit Speed Bumps in Post-Pandemic Recovery
- First-quarter sales decline for seven of the 14 publicly traded supermarket chains, and four of them operate in the red
May 23, 2023 21:07 PM- In Depth: Chinese Fast Fashion Platforms Could Be Next U.S. Target
- A scathing report from an advisory body to the U.S. Congress has industry insiders expecting firms like Temu and Shein to face regulatory pressure
May 20, 2023 19:32 PM- China-Russia Trade Dominates European Rail Freight As Ukraine War Drags On
- The number of freight trains travelling between China and Russia has surged, hauling 90% of the goods traded with Europe
May 19, 2023 19:14 PM- BMW to Produce New Line of EVs in China From 2026
- The German auto giant will also make the high-voltage batteries for the cars in the Asian country, where it is planning to invest $1.4 billion in a new factory
May 19, 2023 06:00 AM- Alibaba Kicks Off Overhaul With Spinoff and Share Sale Targets
- E-commerce giant to spin off Cloud Intelligence Group through a stock dividend while exploring IPOs for the logistics and grocery arms
May 19, 2023 05:25 AM- Syngenta Moves $9.4 Billion IPO to Main Board in Shanghai
- Swiss agricultural chemicals unit of state-owned ChemChina drops plan to sell shares on the Nasdaq-like STAR Market
May 18, 2023 20:32 PM- Chart of the Day: China’s Battery-Makers Carve Out Growing Share in Overseas Markets
- Firms including CATL and BYD have accelerated their global expansion as they pursue opportunities in countries where governments are pushing for the auto industry’s electrification
May 18, 2023 04:54 AM- Chinese Domestic Air Travel Bounces Back to Pre-Pandemic Levels
- April flights within China top the pre-pandemic level by 3.4%, though the recovery for international travel continues to lag behind
May 18, 2023 04:47 AM- Hengli Expands Revival of Dalian Shipyard With Samsung Order
- Shipbuilding unit of private conglomerate Hengli Group will construct blocks for several containerships the South Korean company is building
May 17, 2023 17:54 PM- In Depth: How Smart Cars Are Upending the Auto Supply Chain
- EVs and self-driving cars shift the focus of vehicle-making from nuts and bolts to integrated circuits and complex computer systems
May 17, 2023 04:48 AM- Alibaba Transfers Self-Driving Research Team to Cainiao
- Move is part of sweeping overhaul of the e-commerce giant in which the logistics arm Cainiao may be the first to go public
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