A Chinese government minister said in a press conference that the EV sector needed to embrace the market and concentrate its industrial operations.
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China Has ‘Too Many’ EV Firms and Wants Consolidation. What It Means for NIO and Tesla Stock.
China to consolidate overcrowded electric vehicle industry, minister says
Technology Minister Xiao Yaqing also said China would improve its charging network and develop EV sales in rural markets.
Wealth Management linkage boosts integration in China’s capital market
The linkage might look like a simple step but in reality represents an important milestone in China’s growth path towards the elevation of its financial global standing to a level that matches an …
Greater Bay Area wealth channel launch seen as “milestone” in China market liberalisation
Hong Kong’s financial services industry and foreign asset managers are welcoming the long-awaited official launch of a wealth management channel in the Greater Bay Area that opens up opportunities to …
The risks of success in business in China
After huge successes in business in China, entrepreneur Desmond Shum decided it was time to leave China as the risks of doing business were getting too high. His brilliant and successful wife Whitney …
Chinese tech stocks decline as Beijing reportedly seeks to break up Alipay in latest volley of regulation
Alibaba and other Chinese tech companies fell Monday after the Financial Times reported Beijing wants to break up Alipay. Regulators want the Ant Group, which runs Alipay, to turn over consumer data …
Chinese Photographer Ruya Qian Partners with Metaverse Blockchain Company Coinllectibles™️ to mint Fusion NFT™️
Born in Suzhou, China, Ruya obtained her Bachelor of Arts from the Shanghai … The group’s future will focus in the development of blockchain NFT technologies and platforms to facilitate the global …
E. China’s Putian deals with nation’s 1st school-centered COVID-19 resurgence; longer incubation feared
Putian, a city of 3 million residents in East China’s Fujian Province, is dealing with the country’s first school-centered flare-up that has seen more than 90 infections in the province in three days, …
China Says North Korea Should ‘Exercise Restraint’ to Reach Political Goals With West
China did not respond to questions about North Korea’s newest missile tests, instead urging all parties involved to “actively engage in dialogue and contact.” …
Shenzhen announces measures to enhance scientific cooperation with Hong Kong
Shenzhen has announced a series of measures to enhance scientific cooperation with Hong Kong via the Qianhai economic zone, ranging from encouraging the setup of laboratories by Hong Kong colleges and …
Hong Kong warned to start moving on development with Shenzhen or risk missing out under Beijing latest plans
Xu Ze also urges Hong Kong to work more closely with its mainland counterparts in pushing forward socio-economic innovation and reforms.
Tennis-2021 WTA Finals moved from Shenzhen to Guadalajara
The season-ending WTA Finals will be held in Guadalajara, Mexico instead of Shenzhen, China this year and will begin on Nov. 8, the WTA Tour said on Monday. The WTA Finals, contested by the world’s…
‘Ignore China at your peril’: Ad mogul Martin Sorrell on Beijing’s tech crackdown
British businessman Martin Sorrell has warned that it’s unwise for companies to completely ignore China despite the challenges that exist in the country.
