Mar 12, 2024 19:39 PM- Chinese Bottled Water Giant Nongfu Spring Falters Under Boycott
- Founder Zhong Shanshan drew the ire of the internet after attending the memorial service of a rival beverage billionaire
Mar 12, 2024 20:46 PM- Alibaba Grocer Freshippo Turns Employees Into Contractors Amid Cost-Cutting Drive
- Struggling supermarket chain’s staff are now employed through third-party companies
Mar 12, 2024 18:59 PM- Xiaomi Surges After Setting Sales Date for Debut Electric Car
- The electronics giant, best known for its smartphones, plans to roll out the SU7 series on March 28 in 29 cities across China
Mar 12, 2024 18:45 PM- China Car Sales Slip in February on Lunar New Year Lull
- Sales hit 1.2 million, 27% fewer than last year, as carmakers scaled back production during the eight-day holiday
Mar 12, 2024 18:32 PM- Analysis: Mounting Competition in China Comes at a Bad Time for Tesla
- EV-maker’s sales growth is set to slow as it finds itself in a lull between product launches just as its Chinese rivals are gaining ground
Mar 12, 2024 02:58 AM- China’s Zhenhua Denies Modems Installed in Its Cranes Pose a Security Threat to U.S. Ports
- Congressional committee alleges cellular modems in Chinese cranes to monitor performance could be a cybersecurity risk
Mar 11, 2024 21:39 PM- Li Auto Takes Legal Action After Doctored Photos Mock Its Debut EV
- The altered images showed the automaker’s new luxury model sporting a label in Chinese that translates as ‘New-energy funeral vehicle’
Mar 11, 2024 20:58 PM- Apple to Open New Shanghai Store as China iPhone Sales Slump
- The new retail space is located in the center of the city that already hosts the largest number of the U.S. tech giant’s stores on the Chinese mainland
Mar 09, 2024 06:47 AM- CNOOC Discovers Mega Deepwater Reserve in South China Sea
- A vast 100-million-ton oil and gas field identified 300 miles off the coast of Guangdong province in the South China Sea
Mar 09, 2024 18:20 PM- Chinese New Energy Carmakers Should Look to Overseas Markets Amid Price War, Analyst Says
- Mi Siyi, an electric vehicle analyst at BloombergNEF, says a renewed price war at home is testing efforts to control costs amid the waning effectiveness of price cuts to boost sales
Mar 09, 2024 06:35 AM- Red Sea Crisis Squeezes Chinese Exporters as Shipping Costs Rise, Fitch Says
- Rerouting via the Cape of Good Hope is having the greatest impact on China’s exports of cars and solar modules, according to Fitch Ratings
Mar 08, 2024 20:46 PM- Dubai Free Trade Zone Attracts 25% More Chinese Companies
- Dubai Multi Commodities Centre hosted 852 Chinese companies at the end of 2023, lured by policies designed to attract foreign investment
Mar 08, 2024 05:16 AM- Chinese Education Giant XJ International May Face Liquidation as Bondholders Demand Repayment
- Bondholders exercise redemption option and demand $3.25 million repayment from private school operator
Mar 08, 2024 05:10 AM- Faraday Future Founder Jia Yueting in Social Media Verbal Assault on HiPhi
- Electric vehicle rival takes a pot shot on Weibo at Human Horizons after issuing a writ claiming infringement of trade secrets
Mar 08, 2024 04:53 AM- Steel Mills in Yunnan Cut Production as Industry Bleeds Losses
- Coordinated reduction in steel production comes as the industry is being squeezed by sluggish demand from the real estate sector
Mar 07, 2024 19:14 PM- Huawei Smart Car Tech to Power JAC Platform for Luxury EVs
- The state-owed automaker plans to produce a multipurpose vehicle on the platform
Mar 07, 2024 18:07 PM- In Depth: Hong Kong Embarks on Economic Makeover
- City scraps property market restrictions as it seeks to move away from real estate to develop more sustainable and high-value sectors
Mar 07, 2024 05:22 AM- Political Adviser Calls For Policies That Nurture Tech Unicorns, Not Harm Them
- China must give tech startups room to grow by ending the subtle discrimination against private companies, says adviser
Mar 07, 2024 05:04 AM- JD.com’s Logistics Unit Dada Discloses Financial Fraud, President to Resign
- Fraudulent transactions resulted in revenue being overstated by $79 million so the company could hit its targets
Mar 06, 2024 19:48 PM- China to ‘Consolidate, Enhance’ Global Dominance in Smart Cars, Premier Says
- In his maiden government work report to the NPC, Li Qiang cited the rising popularity of Chinese-made NEVs, which accounted for 60% of global electric vehicle output and sales in 2023
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