Apr 25, 2024 20:28 PM- BYD-Backed Horizon Robotics Unveils Next Generation Auto Chips
- The Journey 6 series processors will go into mass production later this year, and carmakers including BYD, VW and Li Auto have signed up to use them, the company said
Apr 25, 2024 20:15 PM- PDD Loses Appeal in Unfair Competition Ruling Against Alibaba’s Logistics Arm
- A Zhejiang court has ordered the e-commerce giant to compensate Alibaba’s logistics arm Cainiao Network 5 million yuan, bringing an end to a legal spat that began in 2022
Apr 25, 2024 20:00 PM- Shanghai Prime Office Vacancies Hit Near 20-Year High
- The vacancy rate of grade-A office buildings in the city reached 20.9%, up 1.1 percentage points from the previous quarter, according to CBRE
Apr 25, 2024 19:13 PM- In Depth: Geely Auto Comeback Gets Into Gear as EV Sales Soar
- After two years chasing EV-maker BYD, the legacy car manufacturer took the lead in January, selling more than 210,000 vehicles including around 65,000 electric cars
Apr 25, 2024 04:56 AM- Gemdale’s Board Reshuffle Gives Largest Shareholder More Control
- FunDe takes three seats on 11-member board while promising to inject resources
Apr 24, 2024 19:54 PM- Sino-EU Ties Could Be Strengthened by Food Trade, Europe’s Agriculture Chief Says
- Food should be “excluded” from the two sides’ ongoing trade tensions, European Commissioner for Agriculture Janusz Wojciechowski tells Caixin
Apr 24, 2024 18:15 PM- Private Equity Dealmaking in China Slumped to 10-Year Low in 2023, Bain Says
- Value of deals in Greater China fell 37% to $41 billion last year as a global slowdown and macroeconomic uncertainties weighed
Apr 24, 2024 19:30 PM- China Begins to Limit Use of Facial Recognition for Hotel Check-In Amid Privacy Concerns
- Hotels in Beijing, Shanghai, Shenzhen and Hangzhou ordered to stop using the biometric identity verification method for check-in
Apr 24, 2024 19:28 PM- Chart of the Day: Huawei Smartphone Shipments Surge in First Quarter
- Analysts attribute the growth to the successful launch of its Mate 60 series, which enabled the company to weather an ongoing campaign of U.S. sanctions
Apr 24, 2024 19:19 PM- LVMH Remains Committed to China Even Amid Sluggish Sales
- The owner of luxury brands including Louis Vuitton is making ‘a sizable investment’ in the Asia market, including Tiffany store revamps and its DFS Yalong Bay project in Sanya
Apr 23, 2024 19:23 PM- TikTok Shop Faces Regulatory Hurdles in Bid to Become No. 1 in Vietnam, Expert Says
- Following official criticism, ByteDance’s short-video juggernaut has slowed the pace of its expansion in the country
Apr 23, 2024 18:26 PM- Japan Expects Flood of Chinese Tourists Over Labor Day Holiday
- Related bookings have more than tripled year-on-year over the past week, according to travel agency data
Apr 23, 2024 18:26 PM- Charts of the Day: China Wind Turbine Exports Surged 60% in 2023
- Local manufacturers shipped more than 3.6 gigawatts abroad as they faced intensifying competition at home
Apr 23, 2024 04:51 AM- Shanghai Supermarket Chain Goes Bust As Business Slows
- China’s slowing economy is forcing many consumers to cut back while others are turning to e-commerce
Apr 23, 2024 04:10 AM- Li Auto Joins Price War with Major Discounts Following Tesla and BYD Cuts
- Fierce competition will lead to survival of the fittest which will cultivate internationally competitive Chinese carmakers, says expert
Apr 22, 2024 20:19 PM- Musk Hints Full Self-Driving Teslas Are Right Around the Corner in China
- CEO says arrival of the software ‘may be possible very soon,’ without offering a timetable
Apr 22, 2024 19:12 PM- Crisis Pushes Chinese Shippers to Red Sea Alternatives, Hired Guns
- EV and solar products are particularly susceptible to the disruption, as freight expenses make up ‘a large portion of these products’ cost structures,’ analyst says
Apr 20, 2024 03:20 AM- L’Oréal Pledges More Investment in China
- The world’s biggest beauty company has 100 million customers in China and the potential to reach 500 million, says L’Oréal China’s CEO
Apr 19, 2024 19:39 PM- Huawei’s Smartphone Comeback Tour Rolls On as New Pura 70 Models Sell Out
- The Pura 70 Ultra and Pura 70 Pro sold out on Huawei’s online store on Thursday, the first day of their release, with photos on social media showing customers lining up at outlets in Shanghai
Apr 19, 2024 16:26 PM- Exclusive: CATL Founder Upbeat About Ford Battery Plant Tie-Up, EVs Future in China
- However, the battery giant faces problems, including EU regulatory issues and the difficulty of commercializing solid-state batteries, Zeng Yuqun tells Caixin
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