Duty-free spending in China’s island province of Hainan, where global luxury players from LVMH to Kering have set up shop, slumped 29.3% last year as a weak economy saw a sharp drop in domestic …
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Tesla’s China sales rise to record high in 2024, bucking global decline
U.S. electric vehicle maker Tesla said on Friday its sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its…
China targets dozens of U.S. companies ahead of anticipated Trump tariffs
China’s Ministry of Commerce adds 28 U.S. entities to export control list to “safeguard national security and interests.”
China hits dozens of U.S. companies before expected Trump tariffs
China’s Ministry of Commerce adds 28 U.S. entities to export control list to “safeguard national security and interests.”
China targets US defense companies with new sanctions
In the latest escalation of trade tensions between the world’s two largest economies, China on Thursday announced export control measures targeting 28 U.S. companies and added 10 U.S. companies to a list of entities barred…
Everything to know about the new Hong Kong to Shenzhen Metro
The Hong Kong to Shenzhen Metro Line 13 connects Shenzhen Bay Port Station to Gaoxinzhong Station, enhancing cross-border travel convenience.
China’s central bank might cut interest rates from current level of 1.5% in 2025, FT reports
China’s central bank said it was likely it would cut interest rates from the current level of 1.5% “at an appropriate time” in 2025, the Financial Times reported on Friday citing comments the bank made…
China’s Aircraft Carrier Operations Reach Next Level
Chinese media said aircraft carrier CNS Shandong can conduct “round-the-clock operations” in complex weather conditions.
China property: rising home sales bode well for sector reeling for last 4 years
China’s property market shows signs of recovery, with rising home sales in major cities, boosting hopes for stabilisation in 2025 Mainland Chinese developers’ hopes for a better start to the new year …
China’s Luxury EV Market Is Slowing Down And It’s Not Looking Good
China’s luxury EVs are usually priced over 300,000 yuan (about $41,000), with several different car manufacturers competing in this segment. These include Xpeng, Nio, Li Auto, Z …
The crypto industry might wanna lower its expectations for president Trump
Crypto elites came into 2025 with wallets wide open and hopes even bigger. They’ve pumped $135 million into President-elect Donald Trump’s campaign and his congressional allies. What do they want in …
‘Slender’ river creature with ‘fleshy’ lips found in Beijing. It’s a new species
In a river of Beijing, China, a “slender” creature with “fleshy” lips swam through the plants. Or at least, it tried to, but something pulled it toward the surface. Scientists looked at their catch —…
China’s Premium EV Brands Could Slow New Car Releases This Year
For most of the past year, it’s seemed like every other week, a major Chinese car manufacturer has revealed a new and innovative premium EV. However, some analysts expect fewer all-new premium models …
