China has a large car market with 170 different brands, but only a few have potential abroad. The top five Chinese brands with high potential are MG, BYD, Geely/Zeekr, NIO, and Baojun/Wuling via …
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China new home prices growth likely flat in 2023, dragging on economy – Reuters poll
China’s new home prices will likely show no growth this year, according to a Reuters poll, highlighting the intense pressure in the crisis-hit property sector that has put a choke-hold on the economy …
China’s CanSino to Buy 10% Stake in Solution to Deepen Ties With Malaysian Vaccine Maker
CanSino’s Shanghai-listed shares [SHA: 688185] rose 0.5 percent to CNY71.20 (USD1) as of 1.50 p.m. today. In Hong Kong, the shares [HKG: 6185] jumped 0.8 percent to HKD24.15 (USD3.08).
U.S., China trade officials express wish for easier trade, but hurdles remain
Commerce Secretary Gina Raimondo and her Chinese counterpart say they want trade conditions to get better, but stalemates remain.
BYD unit buys US firm Jabil’s China mobility business for $2.2 billion
Chinese automaker BYD said on Monday its electronics unit has struck a deal with U.S.-based manufacturer Jabil Inc to buy its mobility business in China for 15.8 billion yuan ($2.2 billion). The deal …
Love, Death and Robots, Shenzhen-style
He added that the show was commissioned by the Shenzhen government, and premiered in Shenzhen in March. “The city is home to many technology companies and talents. This makes the dance drama special,” …
How Chinese abstract artist Ding Yi turned crosses from a symbol of ‘criticism and denial’ into a tool of expression, as seen in Shenzhen retrospective
Ding Yi has been painting canvases filled with plus signs and the letter x for 35 years, as seen in a retrospective at the Shenzhen Museum of Contemporary Art The exhibition shows how the artist…
Marketmind: Beijing tries new ways to lift moribund markets
A look at the day ahead in European and global markets from Wayne ColeChinese blue chips were enjoying a rare rally on Monday after Beijing rolled out more measures to support the market.These …
South China Sea: Japan-based US forces aim to check Beijing’s ‘aggressive behaviour’, fleet commander says
Vice-Admiral Karl Thomas, commander of the US Navy’s Seventh Fleet, said China’s ‘aggressive behaviour’ in the South China Sea must be challenged and checked.
Tesla’s China rival Xpeng buys ride hailing giant Didi’s smart EV assets for $744M
Chinese electric vehicle upstart Xpeng is acquiring the smart EV assets of ride hailing giant Didi for $744 million, marking another significant alliance that the Tesla challenger has struck in recent months.
Friends hold health concerns for Australian writer detained in China
Friends of detained Australian writer Yang Hengjun, put on trial in Beijing two years ago on undisclosed national security charges, say they fear for his health amid delays in a verdict in his case. Pro-democracy…
Industrial Metals Rise on Hopes China to Bolster Property Market
Base metals rose on the Shanghai Futures Exchange after China’s state-owned media said Beijing authorities are set to implement measures to bolster its stock and property markets.
China’s central bank conducts 332-bln-yuan reverse repos
BEIJING, Aug. 28 (Xinhua) — China’s central bank conducted 332 billion yuan (about 46.2 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to …
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