China plans to invest around 6 billion yuan ($845 million) to develop next-generation battery technology powering electrical vehicles (EVs), even as its industrial policy has sparked overcapacity …
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EVs dominate China’s car market: 5 takeaways from the country’s latest auto sales data
China’s Mach 5+ hypersonic weapons turn to stars for navigation when GPS signals fail
Mass evacuations in Beijing as Typhoon Dolphin brings more torrential rain to China
Zhu Rongji, the ‘economic czar’ who helped turn China into a powerhouse, dies at 97
Corona virus outbreak: Auto expo, travel sector impacted
COVID-19 uptick seen as normal fluctuation
Fubon Bank’s Hong Kong subsidiary opens first mainland China branch in Shenzhen
Recent Posts
China to invest $845 million on ramping up its advanced EV battery ambitions
Pressure mounts on Beijing to allow renminbi to weaken
Markets are pushing for a weaker yuan to reflect the gap in bond yields with the US — 10-year Treasury yields trade at 4.57 per cent, while 10-year Chinese government bonds offer just 2.3 per…
Shipping Hong Kong’s waste to mainland China is not the answer, authorities stress amid concerns over collaborative plan
City government stresses importance of collaboration with Greater Bay Area, after minister calls for integrated waste handling prompts concerns of rubbish importing Collaboration proposal might go …
China’s chrome ore imports in April reached 1.6319 million mt, demand growth left supply gap [SMM Analysis]
According to customs statistics, China imported 1.6319 million mt of chrome ores in April, down 15,100 mt MoM (-0.92% MoM) but up 158,200 mt YoY (+10.73% YoY). The imports in January-Apirl totalled …
China’s quest to turn the yuan into a global currency isn’t actually driven by domination. It’s about sanctions.
A recent global survey of 1,660 enterprises showed that many of their trading partners were just unwilling to use the Chinese yuan.
Shenzhen’s Industrial Outputs, Fixed-Asset Investment, Exports Grow While Consumption Slows in First Four Months
(Yicai) May 30 — Shenzhen’s industrial output, investment in fixed assets, and exports had double-digit growths in the first four months of this year, but consumption in the southern Chinese city …
Asia’s largest reit calls for Hong Kong to resume multi-entry visas from Shenzhen
ASIA’S largest commercial real estate investment trust said Hong Kong authorities should resume issuing multi-entry permits for Shenzhen visitors to boost retail spending. Read more at The Business …
China calls EU commission probe on Chinese EV tariffs ‘unreasonable’
China urged the European Union Commision to end its probe on Chinese electric vehicle tariffs, calling it “unreasonable” and not in line with international rules, the Chinese foreign ministry said on …
China wants to turn the yuan into a global currency out of fear of sanctions, not domination
A recent global survey of 1,660 enterprises showed that many of their trading partners were just unwilling to use the Chinese yuan.
China’s May factory activity likely expanded at steady pace, recovery still fragile: Reuters poll
China’s manufacturing activity in May likely grew at a similar pace to the previous month when it barely managed to stay expansionary, a Reuters poll showed on Thursday, reinforcing the fragile nature …
How China’s EV makers aim to beat Tesla, legacy automakers in Europe
Starting in the 1980s, European automakers steadily conquered China, racking up millions in sales with little local competition. Now they’ll have to defend their home turf in Europe from an onslaught …
China’s May factory activity likely expanded at steady pace, shows poll
The official purchasing managers’ index (PMI) was forecast at 50.4 in May, unchanged from April, according to the median forecast of 33 economists in the poll …
China’s May factory activity likely expanded at steady pace, recovery still fragile
China’s manufacturing activity in May likely grew at a similar pace to the previous month when it barely managed to stay expansionary, a Reuters poll showed on Thursday, reinforcing the fragile nature …
