Jul 30, 2022 19:01 PM- China to Extend Tax Exemption on Electric Vehicle Purchases for One Year
- The State Council said the exemption on the 10% tax will continue through to the end of 2023 in an abrupt U-turn likely to provide an added boon to the industry
Jul 29, 2022 21:05 PM- In Depth: What’s Behind China’s Mortgage Strikes?
- Developers were allowed to skirt rules designed to ensure they could afford to finish building homes buyers had already paid for — then the market turned
Jul 29, 2022 20:53 PM- Tianqi Lithium Pays Off Acquisition Loan After Hong Kong Listing
- The metal producer, one of the world’s largest, had borrowed heavily to acquire about 23.8% of Chilean lithium giant SQM in 2018
Jul 29, 2022 04:44 AM- Head of China’s Biggest Chip Investment Fund Under Probe
- Ding Wenwu caught up in series of graft scandals at state-backed ‘Big Fund,’ which poured billions of dollars into semiconductor development
Jul 28, 2022 20:25 PM- China’s ‘Fragrance Queen’ Released on Bail While Police Investigation Continues
- Police haven't disclosed why Zhu Linyao, co-chair of flavor-maker Huabao Group, has been under residential surveillance since January
Jul 28, 2022 03:48 AM- Steel Profits Plunge in June Amid Slack Demand and Rising Costs
- Chinese industry’s earnings slide 93.8% from a year ago as iron ore and coking coal prices rise and housing demand continues its downward spiral
Jul 27, 2022 20:31 PM- Weeks After Hong Kong Offering, Miniso Shares Tank on Short-Seller Attack
- Retailer says the allegations that it's lying about its business model are ‘without merit’
Jul 27, 2022 20:05 PM- Analysis: Dutch Carmaker Stellantis and State-Owned Guangzhou Auto Go Their Own Ways
- The duo is shutting down their money-losing Jeep JV, which recorded a more than 84% drop in first-half sales
Jul 26, 2022 06:14 AM- China’s Electric-Car Exports Surge to Western Europe and Southeast Asia
- NEV shipments more than double in the first half led by industry giant SAIC and joined by Great Wall, Geely, BYD, Nio and Xpeng
Jul 26, 2022 06:06 AM- Former Unigroup Chief Falls Under Investigation
- Zhao Weiguo probed over suspicious dealings as debt-laden semiconductor giant emerges from bankruptcy under new ownership
Jul 25, 2022 19:09 PM- Chalco’s Takeover of Peer Could Make It World’s Largest Listed Aluminum-Maker
- Deal to buy bigger stake in Yunnan Aluminum comes after securities watchdog ordered their shared parent to integrate the pair
Jul 23, 2022 19:05 PM- Former Shanghai Electric Chairman Expelled From Party Over Bribery Allegations
- Zheng Jianhua, who is accused of accepting bribes and embezzling public funds, will later stand trial
Jul 23, 2022 18:14 PM- Russia Becomes China’s Largest Oil Supplier as Prices Drop
- Western sanctions on Russian exports due to the Ukraine war resulted in shipments surpassing traditional top supplier Saudi Arabia in May and June
Jul 22, 2022 20:31 PM- In Depth: Chinese Carmakers Jostle for an Edge in Autonomous Driving
- Auto and tech companies are gearing up to compete for their slice of a potentially gigantic market
Jul 22, 2022 20:13 PM- Investment Into Asia-Pacific Tech Startups Accelerated Last Year, Report Shows
- Private investment in tech surged by two-thirds to $193 billion, while the number of unicorns jumped 25%
Jul 21, 2022 15:28 PM- Update: Didi Fined $1.2 Billion for National Security and Data Violations
- The Cyberspace Administration of China says the ride-hailing giant committed 16 violations, including the illegal collection of users’ screenshots, and excessive collection of their personal information
Jul 21, 2022 05:26 AM- Suning Founder’s Son Loses $255 Million Lawsuit in Hong Kong
- Zhang Kangyang’s claim his signature was forged on loan documents wasn’t credible, a High Court judge ruled, ordering him to repay China Construction Bank
Jul 20, 2022 19:47 PM- China’s Road Freight Hits Another Covid Roadblock
- Renewed virus restrictions are driving a decline in haulage volumes across 19 regions in China
Jul 20, 2022 19:19 PM- China’s Industrial Activity Shows Signs of Weathering Covid Outbreaks
- Value-added industrial output rose 3.4% in the first half, while added value of the manufacturing sector ticked up 2.8%
Jul 20, 2022 05:23 AM- Executives of Matchmaking Giant Arrested in Embezzlement Probe
- Controlling shareholder Fosun says its anti-graft department detected criminal activity at Baihe Jiayuan and blew the whistle
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