Oct 13, 2020 19:40 PM- SAIC Motor Devises Plan to Wrest Electric Vehicle Sales Crown From Tesla
- China’s largest carmaker is developing a new assembly platform for vehicles that don‘t run on fossil fuels
Oct 13, 2020 19:33 PM- New-Energy Vehicle Resurgence Turbocharges BYD Profits
- China’s electric vehicle sales rebounded 67.7% year-on-year in September
Oct 13, 2020 19:03 PM- Beijing Speeds Up Efforts to Shake Up State-Owned Enterprises
- New three-year initiative will see companies from China’s massive state-run sector encouraged to sell 5% of themselves or more to strategic investors
Oct 13, 2020 04:38 AM- China Eastern Gets $4.6 Billion Capital Injection From New Investors
- Four state-backed companies will acquire almost a third of the airline giant, easing its debt burden amid the Covid-19 business slump
Oct 13, 2020 03:31 AM- Related Parties Helped Luckin Coffee Fake 123 Million Transactions
- Market regulation administration penalizes 2 Luckin units and 3 related entities the maximum $300,000 each for their roles in $304 million financial reporting fraud
Oct 12, 2020 19:42 PM- In Search of Sales, Cathay’s Budget Airline Offers ‘Flights to Nowhere’
- Hong Kong Express adopts novel scenic trip concept to come back from $103 million first-half loss
Oct 12, 2020 19:03 PM- Beijing Melds Steel Behemoth Baowu to Troubled Mining Giant
- State-led merger will see industry leader take over Sinosteel, which is mired in debt after an overly aggressive expansion in the early 21st century
Oct 12, 2020 18:21 PM- Sinopec Looks Beyond Oil for Growth With Hydrogen Investment
- Unit of state-owned oil giant signs on to develop technology to produce the clean fuel through electrolysis
Oct 12, 2020 15:50 PM- State Grid Pledges to Juice Up Clean Energy Investment in Next Five Years
- Investments in EVs, digital infrastructure and high voltage transmission to be prioritized
Oct 10, 2020 06:11 AM- Pakistan Bans TikTok over ‘Immoral and Indecent’ Content
- Government agency cites complaints and leaves the door open to revisiting the decision as ByteDance unit still faces ban by Trump administration after India blocked the app
Oct 09, 2020 19:37 PM- Travel Rebounds Over China’s National Day Holiday
- Eight-day holiday saw some 637 million trips nationwide, 80% of previous year’s level
Oct 09, 2020 19:33 PM- Exclusive: Dozens Probed at China’s Largest Oilfield Over Alleged Theft
- Some 30 people, including over 20 PetroChina employees, are being investigated for stealing oil
Oct 09, 2020 18:38 PM- Top Official at Regional Brewer Under Investigation
- Beijing Yanjing Brewery says its Chairman Zhao Xiaodong is being probed for illegal work-related behavior, and can no longer perform his duties
Oct 07, 2020 08:30 AM- Holiday In-Depth Reads — Lives and Livelihoods Unraveled
- Few stories from the past nine months were unrelated to the pandemic virus
Oct 06, 2020 19:15 PM- China’s Homegrown Electric-Car Makers Charge Ahead in September
- Nio, Li Auto and Xpeng all showed strong growth in their latest monthly sales, though profits remain elusive
Oct 06, 2020 19:13 PM- Five Miners Tapped to Create Coal Powerhouse in North China
- Central government aims to assemble the country’s second-largest coal conglomerate in an effort to boost efficiency and profitability in the battered industry
Oct 06, 2020 10:00 AM- Update: China Forgets Covid-19 for a Week as Half a Billion Hit the Road
- The first four days of China’s Golden Week holiday saw some 425 million people travel domestically, nearly 80% of last year’s throngs
Oct 06, 2020 02:59 AM- Chinese Chipmaker SMIC Confirms U.S. Export Curbs
- As latest company caught up in escalating U.S.-China tech war, SMIC faces new threat to existing business and barrier to its advanced chipmaking ambitions
Oct 03, 2020 03:23 AM- China’s Newly Formed Oil Pipeline Operator Starts Operation
- PipeChina combines $73.6 billion of assets from state-owned energy giants PetroChina, Sinopec and CNOOC to create national energy transmission system
Oct 02, 2020 08:30 AM- Holiday In-Depth Reads — A Turbulent World
- How the pandemic fosters international mistrust rather than cooperation as travel stalls, students are stranded, cross-border regulation fails and cross-border corruption comes to light
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