Feb 17, 2023 19:15 PM- In Depth: Japanese, German Carmakers Lose Ground in China After Falling Behind on EVs
- The likes of Nissan and VW have lost market share as Chinese competitors capitalized on their early jump into the segment
Feb 17, 2023 18:22 PM- Chinese Airlines Take Off in January as International Travel Surges
- Big carriers report huge rise in demand after scrapping of quarantine requirements and resumption of cross-border flights
Feb 17, 2023 06:54 AM- Douyin Tests Taking on Meituan in the Food Delivery Market
- ByteDance unit seeking new revenue experiments in Beijing, Shanghai and Chengdu with diving into the $66.4 billion sector
Feb 17, 2023 05:03 AM- China’s Solar Exports Soar 80% Despite Rising Headwinds
- In the face of trade frictions and rising competition, 2022 shipments reach a record $51.3 billion, and demand is still climbing
Feb 16, 2023 20:22 PM- Major Duck Snack Chains Predict Profit Plunge
- Zhou Hei Ya, Huangshanghuang and Juewei say strict Covid curbs and high ingredient costs will hit their 2022 bottom line by 70% to 90%
Feb 16, 2023 05:41 AM- Travel Site Mafengwo Secures New Funding From State Investors
- Southwestern China’s Guizhou province provides undisclosed backing for 17-year-old ‘hornets nest’ as post-pandemic travel rebounds
Feb 15, 2023 20:25 PM- China’s Renewable Energy Capacity Overtakes Coal for First Time
- New additions to solar power generation fueled the jump in 2022 as the sector looks set to meet ambitious carbon emissions goals
Feb 15, 2023 20:09 PM- Online Grocer Dingdong Posts First-Ever Quarterly Profit After Slashing Costs
- The turn to profitability also comes with the demise of former archrival Missfresh, which in July shuttered its mainstay instant-delivery retail business
Feb 15, 2023 05:41 AM- China’s Video Game Industry Posts First Drop in Five Years
- Sales shrink 10.3% to $39 billion as pandemic impedes new product development and slowing economy weighs on demand
Feb 14, 2023 19:09 PM- Beijing Government Pledges Support for Homegrown Answer to ChatGPT
- In a white paper released Monday, authorities highlighted the Chinese capital’s leading role in the country’s AI research, promising support for local tech firms in the sector
Feb 14, 2023 06:29 AM- Geely EV Unit Zeekr Wraps Up $750 Million Funding Round
- Valuation jumps to $13 billion with new backing from CATL, Mobileye tycoon Amnon Shashua and three state-affiliated funds
Feb 13, 2023 20:38 PM- China Approves Licenses for 87 New Video Games in February
- Tencent and ByteDance are among developers getting titles approved as industry attempts to claw back after nine-month suspension
Feb 13, 2023 20:21 PM- China’s Electronics-Makers Dash Hopes for Post ‘Zero Covid’ Hiring Blitz
- Manufacturers in eastern and southern China haven’t been hiring as many workers as expected due to sluggish growth in new orders
Feb 10, 2023 18:35 PM- Chip Designer Loongson Fends Off Lawsuit Over Its First Self-Developed CPU
- Beijing court rules that the 3A5000 processor did not infringe on a U.S. company’s chip architecture IP
Feb 10, 2023 04:31 AM- Huawei Suspends Auto Business Chief Wang Jun
- Disappointing progress for ‘Huawei Inside’ smart car business model is behind suspension as tech giant pushes for profitability, source close to company tells Caixin
Feb 09, 2023 21:01 PM- In Depth: China’s Slumping Office Rental Market Faces a Steep Climb in 2023
- Lingering concerns about demand and a rush of new supply hitting the market uncut hopes for a quick recovery this year
Feb 09, 2023 05:54 AM- Yum China Profit Slumps 90% in Fourth Quarter on Covid Disruptions
- Operator of KFC and Pizza Hut reports January rebound and sees a stronger 2023 as it plans to add more than 1,100 new outlets
Feb 09, 2023 05:27 AM- JD Warehouse-Backed REIT Jumps 11.6% in Shanghai Debut
- Real estate investment trust raises $259 million as part of government push to expand funding sources for infrastructure investment
Feb 09, 2023 04:00 AM- China Slams the Door on ‘1 Yuan Airfares’ Spawned by the Pandemic
- In a three-year sea of red ink, state assets administration tells seven government-owned airlines they can’t keep selling tickets for less than 60% of full price
Feb 08, 2023 19:44 PM- WM Motor Dealers Are Turning Out the Lights
- A number of sellers of the startup’s electric vehicles have halted operations, with the company blaming supply chain disruptions
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