By Scott Murdoch SYDNEY (Reuters) -Chinese cosmetics firm Mao Geping is set to price its shares at top of the price range to raise $270 million in a Hong Kong initial public offering, according to…
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13 missing after railway construction site collapses in China’s Shenzhen city
Major expressways near the site were closed on the morning of Dec 5 for the rescue effort. Read more at straitstimes.com.
Taiwan official says China trying to set a ‘red line’ for incoming Trump government
China is trying to set a “red line” for the incoming Trump administration and U.S. allies by stepping up military activities in the region, a senior Taiwan security official said, including likely war …
Analysis-China automakers pivot to hybrids for Europe to counter EV tariffs
That could see major brands such as China’s top EV maker BYD continue expansion in the region, analysts say. Some manufacturers are also shifting production and assembly to Europe to lower the cost …
Taiwan’s Lai Ching-te has call with US House Speaker Johnson during Guam visit, as Beijing fumes
Taiwanese President Lai Ching-te spoke to Republican US House Speaker Mike Johnson, Lai’s office told AFP Thursday, as he visits the American territory Guam.
20th Beijing-Tokyo Forum opens in Tokyo
The 20th Beijing-Tokyo Forum kicked off in Tokyo on Wednesday, drawing over 400 participants from the political, economic, business, academic and media sectors of both countries. The 20th Beijing-Tokyo Forum opens in Tokyo, Dec. 4,…
China automakers pivot to hybrids for Europe to counter EV tariffs
Automakers in China are ramping up exports of hybrid vehicles to Europe and planning more models for the key market, exposing the limits of the European Union’s electric vehicle tariff scheme.
20th China (Changsha) International Automobile Exposition kicks off
A staff member (L) introduces a car to a visitor at the 20th China (Changsha) International Automobile Exposition in Changsha, central China’s Hunan Province, Dec. 4, 2024. The 6-day exposition, with …
Meitaowan becomes home to ceramic art and fashion brands in Foshan
A worker hones a ceramic piece at an art studio of Meitaowan in Foshan, south China’s Guangdong Province, Dec. 3, 2024. Meitaowan, literally translated as “bay of beautiful ceramics,” has been known …
13 missing in Shenzhen after railway building site landslide on Wednesday night
A catastrophic landslide at a construction site alongside a railway line in China’s southern tech hub of Shenzhen late on Wednesday night has left 13 people missing. The accident happened at around 11pm at the…
Pony AI fetches $5.25 bln valuation as shares jump 15% in Nasdaq debut
Shares of Pony AI opened about 15% above their offer price in their market debut on Wednesday, giving the robotaxi company a valuation of $5.25 billion, in an indication of a positive investor …
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.
Work team sent to Shenzhen following construction site cave-in
BEIJING — A work team has been sent to Shenzhen in South China’s Guangdong province to guide rescue efforts after a ground collapse at a railway construction site left 13 workers missing, the …