Tesla is grappling with a decline in shipments from its Shanghai factory, marking the third such instance this year. Preliminary data from China ‘s Passenger Car Association reveals a 6.6% drop in …
BUSINESS
China’s commercial vehicle sales up 8.1 pct in first 4 months
China’s commercial vehicle sales rose 8.1 percent year-on-year in the first four months of the year, industry data shows.This was reported by The Xinhua News …
China Ratchets Up Pressure on Taiwan With Tariffs, Tension With US Deepens
Beijing has announced that it plans to reinstate tariffs on 134 imports from Taiwan over the course of the coming weeks. China’s Ministry of Finance said the suspension of duty concessions, which were …
China’s Robust Services Activity Drives up Employment, Caixin PMI Shows
The Caixin/S&P Global services purchasing managers’ index (PMI) rose to 54.0 from 52.5 in April, expanding for the 17th straight month and growing at the fastest pace since July 2023. The 50-mark …
China Risks Trade War on Two Fronts as Low-Tech Exports Soar, Too
China’s export boom goes far beyond the high-tech industries that are in Western crosshairs, leaving Beijing at risk of a backlash from countries that have so far preferred to sit on the trade-war …
China: Scrutiny Of Potential IPOs Intensifies
reportedly wants to ensure that only top-tier firms (those preferred by the Beijing government) can access the country’s capital markets. The nation’s largest bourses in Shenzhen and Shanghai haven’t …
Chinese car brands hit accelerator on road tests for level three autonomous driving tech
China has given the go-ahead to nine local car brands to start testing level three autonomous vehicles on public roads.
China’s Geely Inks Multi-Year EV Chips Deal With STMicroelectronics
ST will provide Geely with silicon-carbide semiconductor products for the latter’s mid-to-high-end battery EVs for several years, enhancing performance, charging speed, and driving range, the Swiss …
How Shein’s US IPO Plans Got Derailed by China Rift
US investors appear to be on the verge of losing out on Shein’s potentially huge initial public offering, as the fast-fashion giant with Chinese roots prepares a confidential filing for a listing in …
China’s Great Wall Motor to close European headquarters, cut 100 jobs as it adjusts strategy
Great Wall Motor, one of the largest independent car manufacturers in China, will close its European headquarters in Munich and about 100 staff members will be let go, spokesman says.
China Approves Advanced Autonomous Driving Tech Trials
Chinese state-owned and private brands will be the first nine automakers to test their technology as Tesla readies its own model for a later test.
Intel Targets China Export Market – What Investors Should Know
Intel Corp (NASDAQ:INTC) aims to maximize its chip exports to China, CEO Pat Gelsinger stated, cautioning that strict U.S. export controls might prompt China to develop its semiconductors. At the Computex tech trade show in…
A London IPO for Shein? Why It Makes Sense.
Online retailer Shein Group is moving closer toward an initial public offering in London.The company is preparing to file a confidential prospectus for an IPO with U.K. regulators as early as the …
