China said Sunday it was preparing to shoot down an unidentified object flying near its eastern coast, just hours before US fighter jets took out a third object in three days in the airspace above…
Monthly Archives For February 2023
Analysis: In China, Tesla could win electric vehicle price battle – but lose the war
SHANGHAI (Reuters) – Slashed prices have given Tesla’s China sales a pop, but analysts – and even fans – warn the U.S. automaker needs to up its long-term game to avoid choking on the dust…
China’s top diplomat to attend Munich Security Conference, visit Russia
China’s top diplomat Wang Yi will attend the Munich Security Conference this month and plans to visit several countries including Russia, the Chinese foreign ministry said on Monday. Yi, director of …
China’s yuan hits 5-week low as South Korea export data darkens outlook
While South Korea’s exports for the first 10 days of February rose 11.9% from a year earlier, the customs data showed that average exports per working day fell 14.5% after adjustment for the different …
China Covid-19 deaths in hospitals drop 72 per cent in a week as wave eases
Covid-19 deaths in hospitals slumped to less than 1,000 as the record wave of infections that rippled through the country following the abandonment of Covid Zero abates. There were 912 fatalities …
China’s weekly new home sales rise for the second straight week – survey
Sales in 16 selected Chinese cities, as measured by floor area, were 40.9% greater during Feb. 5-11 than in the previous seven days, China Index Academy, one of the country’s biggest independent real …
Zambia rejects China’s call for World Bank to join its debt restructuring – FT
Zambia’s finance minister rejected a call from China for the World Bank and other multilateral lenders to join a restructuring of the country’s debt and warned that delays were holding up the economy, …
Cash-strapped China Vanke seeks US$2.2 billion from private shares sale to keep property projects on track
Elise joined the SCMP in 2022 as a business reporter to cover property, banking and finance. Previously, she covered business, biotechnology, and healthcare from Hong Kong and Beijing for various …
China stocks rise after credit data; Hong Kong slips on Sino-U.S. tensions
The strong credit data let the market see the hope that social finance gradually bottomed out and the economy will recover,” analysts at China Merchants Securities said, expecting the A-share market …
Chinese OnePlus 11 Models are Region-Locked, Importing May Result in Limitations
OnePlus recently launched its new flagship OnePlus 11 smartphone in the global market. The worldwide launch obviously came around a month after the domestic launch in China. As the device is yet to go …
Prioritise post-Covid recovery over enacting Hong Kong’s own security law, pro-Beijing heavyweight says
Hong Kong Free Press. A pro-Beijing heavyweight has said it would not be suitable to begin legislative work to enact Hong Kong’s own security law this year, citing the citys …
China and America are locked in destructive codependence
We’ll send you a myFT Daily Digest email rounding up the latest US-China relations news every morning. What’s the best language through which to understand the complex events of the world today? Is it …
Chinese EV brand Zeekr is now worth more than Xpeng
Prices start at 499,000 yuan. In 2010, China-based Geely acquired Swedish auto brand Volvo, which previously belonged to Ford Motor. By sales in China, Geely was the fourth-largest manufacturer of new …