Tesla sold 10% fewer cars in China last month than the same period a year earlier, according to new data from the China Passenger Car Association.
Monthly Archives For October 2023
China Opposes Violence, Attacks in Middle East Crisis
“China opposes actions that escalate conflicts and undermine regional stability. We hope to see an early ceasefire, cessation of war and restoration of peace,” spokesperson Mao Ning said at a regular …
China’s Sept new yuan loans seen jumping on policy boost- Reuters poll
China’s new yuan lending is expected to jump in September after a surprising surge in August, a Reuters poll showed, as the central bank strives to boost the economy’s recovery amid tepid demand both …
A $500 Million Fundraising for China Evergrande’s EV Business Is in Doubt
A Dubai-based automaker is having second thoughts about pumping $500 million of cash into China Evergrande Group’s fledging electric-vehicle business. Evergrande Auto, a unit of the beleaguered …
China Calls for Ceasefire, ‘Two-State Solution’ Amid Conflict Between Hamas, Israel
C hina called for an “immediate ceasefire” and reiterated support for an independent Palestinian state after Hamas launched a surprise attack on Israel that shattered regional stability.
GSK signs shingles vaccine deal with China’s Zhifei for around $3 bln
China’s largest vaccines company Zhifei will pay British drugmaker GSK 2.5 billion pounds ($3.05 billion pound) for the exclusive rights to distribute GSK’s shingles vaccine in the world’s No.2 …
UPDATE 1-In Beijing, Schumer urges China to support Israel after Hamas attacks
U.S. Senate Majority Leader Chuck Schumer on Monday called on China to support Israel after deadly attacks by Hamas, adding he was “disappointed” that Beijing showed “no sympathy” for the country over …
China’s Local Gov’ts to Likely Speed Issuance of Special Refinancing Bonds, Insiders Says
The municipal bonds of Tianjin and that of the provinces of Guizhou and Yunnan had high risk. The outstanding interest-bearing municipal bonds Tianjin issued were CNY1.72 trillion (USD235.6 billion) …
South Korean firms get waiver on US chip gear supplies to China
Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely, without separate U.S. approvals, Yonhap news agency quoted South Korea’s …
Europe or bust? A wary EU braces for a wave of made-in-China electric cars
The home market flooded, manufacturers in China are ready to roll out their extensive offerings in the continent – the ‘last open market’.
China targets 30% growth in computing power in race against U.S.
China aims to boost the country’s aggregate computing power by more than 30% by 2025, according to a plan released by authorities on Monday, as Beijing tightens its focus on supercomputing and …
US Senate Majority Leader Schumer criticizes China for not supporting Israel after Hamas attack
U.S. Senate Majority Leader Schumer has told Chinese Foreign Minister Wang Yi that he was very disappointed by China’s statement on the recent Hamas attack because it didn’t show any sympathy or suppo …
China Box Office: ‘Under the Light’ Keeps Weekend Chart Lead as Holiday Business Slumps
Zhang Yimou’s ‘Under the Light’ held on to the box office lead in China, but holiday box office missed projections by a wide margin.
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