Chinese carmaker Geely Auto has launched a premium electric vehicle brand as it seeks to better compete with market leader Tesla on its home turf and recover from a hit to its sales and profits…
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Recent Posts
China’s Geely challenges Tesla with launch of premium electric car brand
US and EU to revive joint effort to handle more assertive China
The US and EU are poised to reboot a joint effort on how to handle an increasingly assertive China, days after working with the UK and Canada to impose sanctions on officials over human rights…
Wall Street’s march into China increasingly at odds with Biden’s tough stance
Goldman Sachs’s determined march into China shows how the interests of Corporate America and the White House are continuing to diverge despite the election of a more conventional president. ( read original story …)
Asiaray Secures Exclusive Concession Rights for Advertising Media of 5 Metro Lines in Shenzhen
Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993), an outstanding out-of-home (“OOH”) media company with a strategic focus on mega transport adverting media management, … ( read original story …)
China’s retaliatory sanctions on the EU set the stage for how Beijing will respond to other global powers
In the first coordinated action by Western nations since Joe Biden took office, the U.S., EU, U.K. and Canada imposed sanctions on Chinese officials on Monday. ( read original story …)
Pakistan’s largest multinational bank opens branch in Beijing
The Habib Bank Ltd (HBL), the largest multinational bank in Pakistan, opened its branch in Beijing on March 5 and held an opening ceremony on Monday, which aims to better serve Chinese clients … (…
American Rescue Plan: China faces foreign outflows threat, with instability fuelled by US $1.9 trillion coronavirus relief
Potential for a reversal in capital inflows and a possible wave of bond defaults are two of the biggest risks facing China’s economy this year, said former central bank adviser Li Daokui, who cited ……
As Evidence of Human Rights Abuses Against Uyghurs in China Mounts, Brands Are Still Silent
Few companies are willing to speak about human rights violations against the mostly Muslim Uyghurs in China, even as such abuses, including torture, mount. ( read original story …)
European lockdown worries and rising China-west tensions weigh on markets – business live
Rising tensions between China and Western countries are also weighing on the markets today. L Britain, the EU, the US and Canada imposed parallel sanctions on senior Chin … ( read original story …)
China’s state-owned assets supervisor demands risk control of offshore capital
China’s State-owned Assets Supervision and Administration Commission of the State Council (SASAC) asked centrally administered state-owned enterprises (SOEs) to effectively control the risks of … ( read original story …)
China to ban apps from collecting excessive user data starting May
Starting May 1, apps in China can no longer force users into providing excessive personal data, according to a document jointly released by a group of the country’s top regulators, the Cyberspace … ( read…
Escalating EU-China tensions could jeopardize new investment deal
The European Union imposed sanctions against China for human rights abuses in Xinjiang — Beijing swiftly retaliated with a blacklist of its own. ( read original story …)
China’s vaccine diplomacy stumbles as clinical trial data remain absent
The wealthy city-state is moving ahead with Pfizer-BioNTech and Moderna for its coronavirus immunization program, with officials saying Sinovac needs to provide more data before they will consider … ( read original story …)