Analysts believe things will slow down next year in the luxury EV market due to weak demand and dwindling troves of cash.
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Chinese carmakers to slow down new luxury EV releases due to weak demand: analysts
Shenzhen Expressway Co Reports Strong November Toll Revenue
Shenzhen Expressway Co (HK:0548) has released an update. Shenzhen Expressway Co reported its unaudited toll revenue for November 2024, showcasing …
China’s Economy Has a Tourism Problem
China’s recently relaxed visa policies seem to be bearing fruit, but foreign arrivals are still far below pre-pandemic levels.
China’s Xi orders a stop to a spree of mass killings known as ‘revenge on society crimes’
China’s leader Xi Jinping wants the recent spree of mass killings that shocked the country not to happen again.
CFR’s Richard Haass on the Russia-Ukraine war, state of U.S.-China relations and fate of TikTok
Richard Haass, Council on Foreign Relations president emeritus and Centerview Partners senior counselor, joins ‘Squawk Box’ to discuss the state of the Russia-Ukraine war, impact of the incoming Trump …
Driver in China’s Zhuhai car ramming attack sentenced to death, Xinhua reports
The driver who rammed his car into a crowd in southern China’s Zhuhai city, killing at least 35 people, has been sentenced to death, China’s official Xinhua News Agency reported on Friday.
World Bank Ups China’s Growth Forecast to 4.9% Amid Economic Challenges
The World Bank has raised its forecast for China’s GDP growth this year to 4.9%. According to Chinese media, including the Beijing Daily, the World Bank raised its forecast for China’s economic …
Bad news for China as the World Bank predicts GDP for 2025 to fall due to..
In the report, it is cited that the world’s second-biggest economy will face a slowdown in the coming year due to weak domestic demand and problems in the property sector. Moreover, the country’s …
China steps up monitoring of emerging respiratory diseases
China’s diseases control authority said on Friday that it was piloting a monitoring system for pneumonia of unknown origin, with cases of some respiratory diseases expected to rise through the winter.
China is winning the race for 5-minute EV charging
Charging is often cited as one of the main reasons drivers aren’t embracing EVs, with charging times in the US ranging from 20 minutes to 50 hours.
Hong Kong to extend open times at 2 border crossings for New Year countdown
The government said on Friday that the Shenzhen Bay checkpoint would operate around the clock amid the celebrations, while the Lo Wu border crossing would remain open until 2am. Both checkpoints …
China’s groundbreaking 6th gen stealth fighter takes flight: How it could be a ‘super weapon’ that could alter global power dynamics
The debut of China’s new stealth fighter jet, the J-36, has raised alarms globally, particularly in the Indo-Pacific region. With its advanced tailless design and superior stealth features, the J-36 could challenge U.
China’s Local-Finance Cleanup Opens New Chapter With State Firms
China’s latest measures to deal with the financial risks of local officials have centered on a massive debt-swap plan, but a companion step is now drawing attention as a possible new tool.
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