China is delaying the approval for BYD to build a plant in Mexico over concerns that the technology developed by the electric vehicle maker could leak to the U.S., the Financial Times reported on …
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Banking institutions in action to lift consumption
The nation’s banking institutions have a chance to respond to the policy directives aimed at boosting China’s consumer spending with loans and other retail credit solutions that can provide consumers …
China banks cut consumer loan rates to record low to spur demand
NEW YORK] Chinese banks are slashing rates on consumer loans to record lows as policymakers ramp up stimulus to stabilise growth and counter US President Donald Trump’s tariffs. Read more at The …
Russian oil cargo transferred from sanctioned tankers discharged into China, data shows
Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to ride an artificial intelligence boom made it one …
China Unicom bets big on AI after sound financial performance
China Unicom stands out as the only major Chinese telecom operator to achieve double-digit net profit growth for three consecutive years. According to Wind Info, a financial data provider, its R&D …
China Unicom boosts computing power investment in 2025 amid AI rush
Amid a surge in AI adoption in China, the company is budgeting a 28 per cent increase in capital expenses for computing power this year China’s spending spree on artificial intelligence (AI) …
China’s Zeekr, Xpeng to offer cars with L3 autonomy as auto battle heats up
HANGZHOU, China (Reuters) -Chinese automakers Zeekr Group and Xpeng said on Tuesday they would start selling electric vehicles equipped with technology that will allow drivers to take their hands off the steering wheel,
As Tesla stock plummets, China’s EV market soars – thanks to BYD
Shares of China’s BYD, an automobile manufacturer, soared on Tuesday after the company unveiled a new “Super e-Platform” technology
Commerce chief seeks industry help to prevent China from getting US chips
Commerce Secretary Howard Lutnick said Tuesday the Trump administration is seeking help from companies and foreign governments to prevent China from getting U.S. chips, and reiterated his belief Chinese AI company DeepSeek improperly used American…
China’s BYD cemented its lead on Tesla in five minutes
Elon Musk’s politicking damages his electric vehicle brand, but the underlying problem is its relatively old line-up of models, even as Chinese competitors change the game.
Hong Kong Piles On to Beijing’s Growing Criticism of Panama Canal Deal
The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.” …
China has spicy menu of US trade war reprisals
The second trade war between the United States and China has so far been more of a snack than a slap-up meal. President Donald Trump campaigned on a repeated promise to impose tariffs of 60%…
China Private Equity, Venture Funds Seek More Time to Deploy Capital
Venture capital and other private equity funds that raised money to invest in China during a tech boom a few years ago are increasingly facing a quandary. Some are running out of time to put…