China said on Tuesday it will cut import tariffs for automobiles to 15 percent from 25 percent, a fillip for premium car brands like Tesla and BMW (BMWG.DE) which import a significant number of vehicles.…
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Shenzhen bourse index reshuffle to boost financing for strategic sectors such as AI, chips
Shenzhen First Tech releases 15 kWh LFP battery
Inside Christian de Portzamparc’s showstopping House of Dior Beijing: ‘sculptural, structural, alive’
Former senior official of Shenzhen under investigation
iRobot Declares Bankruptcy: Roomba Maker to Be Acquired by Shenzhen Picea After 35 Years
China’s missile surge puts every US base in the Pacific at risk — and officials say the window to respond is c
China’s missile surge puts every US base in the Pacific at risk — and the window to respond is closing
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Tesla trims up to $14,000 off Model X in China after tariff cuts
China cutting auto import taxes as of July 1
Beijing used tariffs and other curbs over the past three decades to prod global auto brands to shift production to China and help develop the local industry. China is the world’s biggest auto market by…
China’s move to cut tariffs won’t help U.S. carmakers
China’s move to reduce tariffs on imported cars to 15 percent makes little difference to U.S. automakers. Traditional Detroit brands like Lincoln and Jeep collectively exported fewer than 100,000 vehicles to China last year. The…
Bank of China partners Qoo10 to launch new co-brand Mastercard credit card
Bank of China Singapore Branch (BOCSG) has launched a co-brand Mastercard credit card with Singapore’s largest online retailer Qoo10. Bank of China Singapore Branch (BOCSG) has launched a co-brand Mastercard credit card with Singapore’s largest…
Foxconn’s unit targets raising $4.3 billion in biggest China IPO since 2015
TAIPEI/SHANGHAI (Reuters) – Foxconn Industrial Internet (601138.SS), a subsidiary of the world’s largest contract manufacturer Foxconn (2317.TW), announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be mainland China’s biggest…
Discussing the intent of reforms in China’s financial sector
Chantal Grinderslev of Z-Ben Advisors says reforms in China’s financial sector are intended to allow foreign firms to enter the country to adapt and grow with the market “alongside” domestic competitors. ( read original story…
Foxconn unit aims to raise $4.3 billion in biggest China IPO since 2015
TAIPEI/SHANGHAI (Reuters) – Foxconn Industrial Internet (601138.SS), a subsidiary of the world’s largest contract manufacturer Foxconn (2317.TW), said it plans to raise 27.1 billion yuan ($4.26 billion) in what will be the biggest Chinese initial…
Xiaomi’s IPO Will Make Dozens of Lucky Workers Millionaires
Read More: In IPO Letter, Xiaomi CEO Explains Innovation at ‘Honest … Co. and Huawei Technologies Co. He would host smoke-and-booze-filled meetings at Beijing hotels, showing up with bags of cell phones and gadgets for…
China lowering auto tariffs is no ‘breakthrough’ in tense trade talks with US
China’s move to lower tariffs on imported autos and vehicle parts is a step in the right direction, but it’s a tiny one. The news China would lower tariffs on some imported vehicles by 10…
Chinese Police Hold Three After Protest by Laid-Off Workers in Beijing
Authorities in China’s capital are holding three people on public order charges after a protest by laid-off employees from the state-owned banking sector converged on Beijing to complain about a lack of promised benefits after…
China says it will cut tariffs on some auto parts and vehicles
China’s Finance Ministry said that it will cut import tariffs on some vehicles to 15 percent, down from as much as 25 percent. The announcement Tuesday also said that tariffs on some automotive parts would…
Lenovo denies claims it chose Windows over Linux in second row over technology
The company branded the allegations as “slander” in a statement that follows an internet storm in China in recent weeks over the company’s decisions on domestic versus overseas technology. China’s largest personal computer (PC) maker…
China makes scary breakthrough in the South China Sea
WHILE the Western world was focused on the wedding of Meghan Markle and Prince Harry, China was making a breakthrough in the South China Sea. On Friday night, the rising superpower’s state media uploaded a…
