Apr 11, 2023 19:40 PM- China Utility Powers Up South American Presence With Peruvian Purchase
- Under the deal, state-owned China Southern Power Grid will acquire two assets in Peru from Italy’s biggest utility Enel for about $2.9 billion
Apr 11, 2023 04:37 AM- China’s Passenger Car Sales Dip 13.4% as Price War Rages
- Consumer hesitancy and end of government incentives last year result in first-quarter decline for the world’s largest auto market
Apr 10, 2023 20:30 PM- Geopolitics, Lack of Manpower Fuel Turbulent Revival for China’s International Air Travel
- Lengthy negotiations between regulators, and time needed for airlines and airports to build back capacity are also hobbling a speedy recovery
Apr 08, 2023 03:26 AM- China Gets Record $3.2 Billion Container Ship Order From French Giant
- CMA CGM signs accord with China State Shipbuilding during French president’s state visit, which concluded Friday
Apr 08, 2023 03:17 AM- Geely Unit Moves a Step Closer to Taking EVs to the Sky
- Aerofugia reports beginning of type certification by civil aviation authorities as competition for flying cars heats up
Apr 07, 2023 21:36 PM- Shanghai Police Bust Gang That Conned Firms With Fake Employees
- Companies that fell victim to the scams paid out more than 50 million yuan in wages to workers who did no work
Apr 07, 2023 20:00 PM- In Depth: China’s EV Battery Boom Goes Bust
- The rush to build up capacity as vehicle sales surged over the last few years has led to an overhang that resulted in production and job cuts, as well as falling prices
Apr 07, 2023 19:49 PM- Chinese Developer Sinic to Be Forced Off Hong Kong Bourse
- The teetering property firm failed to meet the exchange’s requirements to resume trading in its shares, which have been suspended for over 18-months
Apr 07, 2023 19:03 PM- ByteDance’s Douyin and Tencent Reach Video Cooperation Deal as Tensions Thaw
- Under the agreement, the firms will explore working together on joint promotion of long and short videos as well as generation of secondary content
Apr 07, 2023 04:57 AM- China’s Yahua and LG Energy to Produce EV Battery Materials in Morocco
- Partnership aims to capitalize on Morocco’s free-trade accords to sell lithium products for electric vehicles in the U.S. and EU markets
Apr 07, 2023 04:54 AM- China's Top Private Shipbuilder Scores 15% Discount on Office Tower
- Yangzijiang Shipbuilding’s $300 million purchase reflects rush to sell by Vietnam’s scandal-rocked Van Tinh Phat Holdings
Apr 06, 2023 12:21 PM- In Depth: Should Beijing Reinstate Subsidies for Auto Sales?
- Complex market dynamics could make state intervention less effective as the industry’s increasingly vicious price war fails to spur demand
Apr 05, 2023 04:48 AM- Exclusive: Shagang Still Wants to Buy Nangang Iron & Steel From Fosun
- Even after Citic swooped in to help Nanjing Steel preempt its deal, Shagang urges Fosun to honor its $1.97 billion sale agreement
Apr 04, 2023 21:28 PM- Meituan Co-Founder Scouts Talent for ChatGPT-Like Venture
- Wang Huiwen is recruiting for his startup in areas including modeling, algorithms and application as he strives to rival U.S. firm OpenAI
Apr 04, 2023 21:01 PM- Meituan’s Billionaire Co-Founder Trims Li Auto Stake in $53 Million Sale
- Wang Xing offloaded about $53.3 million worth of shares in the Chinese EV-maker last month, but remains its biggest external shareholder
Apr 04, 2023 19:27 PM- In Depth: How China’s Export Surge Left the Shipping Industry With a Hangover
- Falling freight rates are a sign of overcapacity in the sector, just as a host of new vessels ordered during boom times are about to be delivered
Apr 04, 2023 03:33 AM- Yangzijiang Shipbuilding Buys Singapore Office Tower for $300 Million
- China’s largest private shipbuilder sees all-cash investment as an inflation hedge as Vietnam’s Van Thinh Phat Holdings sells at a loss amid allegations of bond fraud
Apr 03, 2023 21:37 PM- Huawei Struggling to Grow Smart Car Business, Executive Says
- Chinese automakers prefer to keep control over their driving tech, while U.S. sanctions make international firms wary, Richard Yu says
Apr 03, 2023 20:44 PM- Citic Unit to Acquire Controlling Stake in Steelmaker From Debt-Strapped Fosun
- After a last-minute bid, a firm owned by the state-owned heavyweight will pay about $2 billion for the 60% stake in Nanjing Nangang Iron & Steel United
Mar 31, 2023 21:24 PM- China’s ‘Big Three’ Airlines Report Sky-High Losses
- Covid restrictions virtually shut down air travel resulting in deepening losses in 2022 at Air China, China Eastern and China Southern
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