China’s largest NEV maker BYD has unveiled its new Han DM Series, which are expected to help the carmaker seek dominance in the mid-size sedan market that has been long dominated by international …
Monthly Archives For May 2023
China Stocks Poised to Erase 2023 Gains as Headwinds Intensify
Chinese stocks fell, with the benchmark index on track to erase its gains for the year, as a weaker yuan and developers’ debt woes added to persistent worries over growth and geopolitics.
China’s Nanjing city launches state-backed metaverse entity
China’s Nanjing City launched a state-backed organization on Monday to promote and enhance metaverse studies throughout the nation.
Russia predicts trade with China will hit record $200 billion in 2023
Trade between Russia and China is expected to hit a new record level of $200 billion this year, according to Russian Prime Minister Mikhail Mishustin during his trip to China, as Moscow faces growing isolation…
China says NATO’s plan for Japan office not welcomed in Asia-Pacific
The Asia-Pacific region does not welcome NATO’s plan to open a liaison office in Japan, Chinese foreign ministry spokesperson Mao Ning said at a press briefing on Wednesday, after Japan acknowledged NATO’s plan.
New Chinese ambassador to US taking office amid disputes over trade, access to technology, Taiwan
China’s new ambassador to the U.S. is taking office amid disputes over trade, access to computer chips and Washington’s support for self-governing Taiwan
China’s new ambassador to US says relations face ‘serious’ challenges
China’s new ambassador to the U.S. said the relationship between the world’s two biggest economies is facing “serious difficulties and challenges.”
EVN to increase electricity import from China, Laos
The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN General Director Tran Dinh Nhan. Revenue in the luxury goods market in Vietnam …
The Washington Post’s Newest Strategy for Challenging China
The Washington Post’s oped writers on national security are mostly in agreement on the importance of challenging and even confronting China. Writers such …
Analysis: China prioritising Turkmenistan over Russia in next big pipeline project
China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy …
Russia, China sign economic pacts despite Western criticism
Russia’s prime minister signed a set of agreements with China on Wednesday during a trip to Beijing, describing bilateral ties at an unprecedented high, despite disapproval from the West of their …
China’s state-owned firms could get better credit ratings, valuations as Beijing pushes for manufacturing upgrade, analysts say
The government has urged SOEs to shift their investment focus from infrastructure construction to hi-tech manufacturing Though likely to entail bigger capital expenditure, the ‘outcomes should be …
Alibaba Cloud to cut 7 per cent of staff, sending thousands of workers packing ahead of planned IPO
Alibaba’s cloud division is downsizing as it prepares to go public amid economic headwinds that pushed revenue down 2 per cent in the first quarter.
