May 11, 2022 19:36 PM- China’s Vehicle Production, Sales Plunged in April
- Consumers were less willing to buy a car as slowing economic growth and fallout from the pandemic weakened confidence, industry organization says
May 11, 2022 06:00 AM- Key Shanghai Tesla, GM Parts Supplier Closes as Covid Sickens Workers
- Wire harness maker Aptiv forced to suspend operations after finding infections among employees living and working in the factory
May 11, 2022 05:38 AM- Geely Takes One-Third Stake in Renault’s Korean JV
- Chinese auto giant invests $207 million, gets two board seats and will provide technology and products for vehicles to hit market in 2024
May 10, 2022 20:24 PM- Chinese Developer Shimao Sparks Bond Selloff by Seeking One-Year Extension
- The property giant will hold a creditors’ meeting next week to vote on the proposal for the three-year bond due May 22
May 10, 2022 19:57 PM- China’s Capital Wants a Bigger Share of NEVs on Its Roads
- Beijing plans for the local purchase quota for new-energy vehicles to account for a greater share of the city’s total by 2025
May 10, 2022 15:54 PM- Nasdaq-Delisted Luckin Coffee Denies It’s Planning Hong Kong IPO
- Scandal-dogged Chinese Starbucks challenger says it remains ‘committed to U.S. capital markets’
May 09, 2022 20:44 PM- Indian Court Pauses Takeover of Xiaomi’s Assets
- The smartphone-maker says the seizure of bank accounts had disrupted its business and prevented it from paying its employees
May 09, 2022 20:11 PM- Sinosteel Gets Permit to Exploit Iron Ore in Cameroon
- The troubled state-owned miner plans to invest about $700 million to develop the West African country’s Lobé mine, which is estimated to have about 600 million tons of reserves
May 09, 2022 20:01 PM- Texas Instruments Denies Firing Staff as Shanghai Microcontroller Unit Disbanded
- Global semiconductor giant is reassigning staff to other units amid a dwindling market share, chip experts say
May 07, 2022 18:32 PM- China Skincare Leader Giant Biogene Files For Hong Kong IPO
- Largest domestic supplier of collagen-based skincare products joins growing list of Chinese companies looking to HKEX over the U.S. to access global capital
May 07, 2022 04:12 AM- Evergrande Dodges Onshore Default With Six-Month Debt Extension
- Bondholders agree to delay payments due Friday as debt-laden real estate developer faces peak in obligations coming due amid restructuring effort
May 06, 2022 20:28 PM- Chinese Sponsor of Super Bowl Plans U.S. Covid Test Factory
- Sales in the country boosted Andon Health’s profits by 375 times to $2.1 billion in the first quarter
May 06, 2022 16:47 PM- NEV-Maker Nio to List in Singapore
- Tesla rival is the latest U.S.-listed Chinese company to find a new home for its stock amid delisting concerns
May 06, 2022 14:36 PM- In Depth: Cutting the Ties That Bind Property Managers to Developers
- China’s prolonged real estate slump drives a restructuring of the industry as management units break off links with their parents
May 05, 2022 20:43 PM- In Depth: How the War in Ukraine Is Rattling China’s Energy Transition
- Natural gas may be marginalized as domestic industries fall back on reliable coal, experts say
May 05, 2022 20:18 PM- JD Health’s $11 Million Stock Buyback Falls Flat
- The health care arm of China’s e-commerce giant JD.com repurchased 1.98 million shares on Wednesday, when a sell-off sent the company’s stock down 13%
May 05, 2022 19:10 PM- China’s Box Office, Train Ticket and Real Estate Sales Plunge Over Holiday
- Cinema revenue plummeted 82.3% during the five-day break while the number of new home sales in 30 major cities fell 73.1%
May 05, 2022 05:41 AM- China’s Central Bank Vows Normalized Supervision of Tech Sector
- The People’s Bank of China backs up Politburo signal last week that a year-long crackdown on the industry is drawing to a close
May 04, 2022 20:05 PM- Shanghai Pledges to Restart Work at Major Construction Projects
- Authorities are under pressure to better balance Covid control measures with the needs of business as the city’s Covid-19 outbreak takes a toll on the local economy
May 03, 2022 20:13 PM- Chinese EV-Makers’ Deliveries Plunge as Lockdowns Hit Dealers, Plants
- While Shanghai has since allowed some auto factories to reopen, it will take time for output to return to normal, Caixin has learned
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