He said this could mean that Baidu’s technology will be used in millions of cars on China’s roads by 2020. However, bigger international carmakers who are already working on autonomous vehicles are unlikely to follow…
Featured Posts Title
Exclusive-China’s Ecarx in talks with VW to develop smart cars for Europe, US, CEO says
Should Europe draw closer to China?
Beijing steps up attack on Hong Kong’s Hutchison, warning over ‘dancing’ with US
What does China Islamic Association’s rebrand reveal about Beijing’s integration drive?
China is ‘laughing’ at the U.S. trade wars and has the most to gain from Trump’s ongoing European tariffs, top diplomat says
‘Filled with arrogance’: China lashes out at G7 over statements on maritime security
China’s US influence could face crackdown under slate of new bills
Recent Posts
Baidu to share self-drive car technology
China, EU push message of free trade, engagement
Top diplomats from China and the European Union pledged closer cooperation Wednesday, highlighting their common interests in peace and security and pushing a message of free trade and open engagement in contrast to fears that…
China's Ant Financial targets brand boost in SEAsia with helloPay deal
BEIJING Ant Financial, the payment affiliate of Alibaba Group Holding Ltd (BABA.N), has acquired Singapore-based payment service helloPay Group, part of the Chinese firm’s drive to boost its Alipay brand and presence in Southeast Asia.…
How China can ward off financial crisis
With emerging Asian economies now accounting for nearly two-thirds of global growth, China bears have a ready audience for their gloomy prognostications. Some, like the high-profile U.S. economist Tyler Cowen, have been predicting imminent financial…
China granted monopoly retail rights to Ivanka Trump on the same day she had dinner with its president
As the first daughter crafts a political career from her West Wing office, her brand is flourishing, despite boycotts and several stores limiting her merchandise. U.S. imports, almost all of them from China, shot up…
China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016
In 2016, China Mobile realized operating revenue of CNY708.4 billion, a year-on-year increase of 6%. Its earnings before interest, taxes, depreciation and amortization were CNY256.7 billion, a year-on-year increase of 6.9%; and its net profit…
Chinese Investment Scandal Highlights ‘Shadow Banking’ Risks
He was wrong. On Wednesday, Ms. Wang, 61, joined about a dozen other customers in the lobby of a Beijing branch of the bank China Minsheng, pressing employees for details and demanding their money back,…
China EV makers to take on Tesla's Model 3 through price, local manufacture
SHANGHAI (Reuters) – It’s not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc’s “mass market” Model…
China claims Interpol has issued a ‘red notice’ for billionaire Guo Wengui
BEIJING — China’s Foreign Ministry said Wednesday that Interpol has issued a “red notice” seeking the arrest of Guo Wengui, a Chinese billionaire who has threatened to expose corruption at the highest levels of the…
China and EU vow to defend free trade at talks in Beijing
China and the European Union agreed to jointly uphold free trade and globalisation after their first high-level talks since US President Donald Trump took office. The two sides discussed a range of issues from trade…
China to launch first cargo spacecraft on Thursday
the Xinhua news agency said on Wednesday. It is designed to dock with the Tiangong 2 space laboratory, or “Heavenly Palace 2”, where two astronauts spent a month in space last October in China’s longest…
China premium car market to grow 50 percent over next decade: Audi CEO
SHANGHAI (Reuters) – China’s premium car market will grow by half over the next decade, the chief executive of high-end automaker Audi AG said on Wednesday, citing growing personal wealth and the emergence of flourishing…
Property destocking in China's smaller cities to persist – senior economic planner
BEIJING, April 19 Clearance of the housing overhang in many of China’s smaller cities is likely to persist, a senior economic planner was quoted as saying on Tuesday, suggesting that smaller centres may continue to…
