The Chinese EV giant will hand out a total of two billion yuan ($281 million) to dealers who met their sales targets in 2023, according to a Reuters report.
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Sanctions bill targets China for enabling Putin’s war in Ukraine
China reveals close encounter with US in contested airspace
China State Media Reveals New Nuclear-Armed Submarine
China’s central bank sets up new financial stability committee
Street-level View of Nanshan District in Shenzhen – China 4K
FBI director says a new office in New Zealand will counter China’s sway, provoking Beijing’s ire
China’s military tried to buy Nvidia chips for AI servers and a robot dog, documents show
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China’s BYD celebrates its Tesla win by giving money to local car dealers that hit sales targets
China unveils new images of next-generation aircraft carrier days before Taiwan election
Xi Jinping has demanded China’s military complete a modernisation programme by 2027 – the year when some analysts fear Beijing could try to take Taiwan by force …
China’s largest bubble tea makers Mixue and Guming apply for Hong Kong IPO
China’s leading bubble tea makers including Mixue Bingcheng and Guming are rushing to apply for first-time share sales in Hong Kong as companies in the fast-growing sector expand aggressively amid …
China’s IPO Market May Shrink Further This Year, PwC Says
Some 200 to 240 firms are likely list on China’s A-share market in 2024, down 36 percent to 23 percent from last year, a report published by PwC showed yesterday. They are expected to raise…
China’s Mixue and GoodMe push for Hong Kong IPOs amid bubble tea consumption recovery
China’s two largest bubble tea chains Mixue and GoodMe both filed prospectuses for Hong Kong listings on Tuesday, with the aim of broadening the companies’ financing access through share sales.
Gov. Haley’s South Carolina partnered with CCP-linked group to send 20 students to Beijing summer camp
Former U.N. Ambassador Nikki Haley was governor of South Carolina when the state partnered with the Chinese government to send more than a dozen students to a Beijing summer camp.
Baidu to donate quantum computing lab, equipment to Beijing institute
China’s Baidu plans to donate a quantum computing laboratory and equipment to the government-backed Beijing Academy of Quantum Information Sciences (BAQIS), a company spokesperson said on Wednesday.
Beijing reportedly removes a key official responsible for video games after the surprise release of draft rules wipes billions in value from the sector
China may be doing damage control after it released new rules imposing limits on the country’s massive video gaming sector, leading to a plunge in shares.
Nepal to destroy 4 million doses of China’s Sinovac shots as China refuses to take back vaccines
The Nepal government is currently planning to administer a newer set of booster doses for all age groups amidst the rising fear of another COVID-19 wave. Governments around the world are gearing up …
China Sends More Weather Balloons Into Taiwan’s Airspace
Beijing largely kept to its side of the Taiwan Strait’s center line until 2020. Following visits to Taipei by high-ranking U.S. cabinet officials that summer and fall, China began sending increasingly …
Politicisation of trade is immoral and unsustainable, China says
China on Wednesday said a situation in which national security restrictions severely impede global growth due to “the politicisation of economic and trade issues” would be “immoral and unsustainable”.
China’s central bank resumes PSL, injecting 350 billion yuan of liquidity into three policy banks
The People’s Bank of China (PBC), the country’s central bank, resumed its pledged supplementary lending (PSL) facility in December 2023 and injected 350 billion yuan ($49 billion) of liquidity into …
Exclusive-China’s top banks tighten exposure to smaller peers to curb credit risk, sources say
Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a …
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