SINGAPORE—China has released all detained employees of U.S. due diligence firm Mintz Group, the company said, marking the end of a two-year saga that unnerved American businesses operating in the …
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In Austerity, Brands Bet on Exhibitions to Reach China’s ‘Forgotten’ Middle Class
Working around budget adjustments, brands are resorting to exhibitions as a more democratic way to educate and impress those who might have been overlooked by the brand’s previous, VIC-centric …
China’s BYD surpassed Tesla in annual revenue for 2024
Chinese automaker BYD surpassed Tesla in total revenue for 2024, reporting $107 billion compared to the Elon Musk-led brand’s $97.7 billion.
China releases Mintz employees after two-year detention, company says
China has released all Mintz employees who had been held in detention for two years since a raid on its Beijing office in March 2023, a spokesperson from the US-based due diligence firm Mintz Group…
China’s steel market is still in thrall to bleak property data
LONDON] Chinese steel prices are languishing, despite signs of resilience in the wider economy and the approach of peak demand season in the building industry. Read more at The Business Times.
Alibaba chairman says China business more confident since Xi’s tech summit
Alibaba Group Chairman Joe Tsai said on Tuesday there were clear signs China’s business entrepreneurs were more confident following a tech summit led by President Xi Jinping.
China courts American, European multinationals amid growing global trade tensions
China reassured executives from American and European firms, including Apple, Qualcomm, Mastercard, Pfizer and AstraZeneca, that the world’s second-largest economy is open for business amid a looming …
China’s Xiaomi raises $5.5 billion in share sale as EV plans ramped up
China’s Xiaomi Corp said on Tuesday it had raised $5.5 billion in an upsized share sale as the company pushes forward with its ambitious electric vehicle manufacturing plans. The company sold 800 …
China just unveiled a deep-sea tool that can secretly cut the world’s internet cables
Beneath the ocean’s surface, hidden from view, lies a global nervous system. Thousands of miles of armored cables carry internet traffic, financial transactions, and military communications between …
Inaugural Fuhai Cup Basketball Tournament Concludes in Shenzhen with Nitto Precision Team as Champions
On March 23, the basketball gymnasium of the Southern University of Science and Technology Affiliated High School in Fuhai Street, Bao’an District, Shenzhen echoed with cheers and applause, marking …
China’s Xiaomi to raise $5.5 billion in placement for business expansion
China’s Xiaomi Corp said on Tuesday it is looking to raise an aggregate of HK$42.6 billion ($5.48 billion) via a placement in a bid to accelerate business expansion.
FCC on the prowl for Huawei and other blocked Chinese makers in America
Be vewy vewy quiet, I’m hunting rackets The FCC is investigating whether Chinese manufacturers black-listed on its so-called Covered List – including Huawei – are still somehow doing business in …
China is turning up pressure on Walmart. That could mean higher prices for US customers
Walmart thought it could use its immense power as America’s biggest retailer to make Chinese suppliers eat the cost of President Donald Trump’s tariffs. But Walmart got a response it’s not accustomed …
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