The company raised US$2 billion from investors including Meituan and China Mobile, taking the total to US$3.9 billion in the last six months.
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China announces suspended death sentences for former defence ministers
The announcement follows recent ousting of several top officials in China’s military.
China’s Top 3 Private Label Skincare Manufacturers in 2026: Pioneering Global Beauty OEM Innovation & Quality Standards
Advanced GMP-Certified Skincare OEM Solutions Empowering Global Beauty Brands CALIFORNIA, CA, UNITED STATES, May 7, …
Falling sales to widen profit gap between China’s EV makers and battery suppliers
Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.
Trump to visit Beijing as China shrugs off trade threats
President Donald Trump will visit Beijing in mid-May for talks with President Xi Jinping amid renewed trade tensions and a widening rift over electric vehicle technology. Chinese exporters say they …
China says ties with US remain stable ahead of Trump visit despite ‘disruptions’
China’s top diplomat says ties with the U.S. remain generally stable despite many challenges. He calls for both countries to contribute to global peace.
Taiwan firm with mainland branches fires nephew of Taipei minister invoking ire in Beijing
Long Time Technology Co requires employees to ‘stay away from any political behaviour that undermines peace and stability’: statement.
Visiting US senators meet China’s foreign minister in Beijing
China’s top diplomat on Thursday met with a US senate delegation visiting Beijing before President Donald Trumps’ trip to the country. (AP video shot by: Olivia Zhang) …
Humanoid robots to drive next leg of China export dominance
China’s early lead in humanoid robots will help power the next phase of its global manufacturing and export dominance, according to new research from Morgan Stanley.
Korea, China business leaders urge closer economic cooperation in strategic industries
South Korean and Chinese business leaders discussed ways to strengthen cooperation in strategic industries such as artificial intelligence, semiconductors and b …
China’s youth are ditching the rat race, and its spies say foreign countries are to blame
China’s top spy agency has come out of the shadows to warn that its young people are being duped by foreign forces into shirking hard work and prioritizing their individual emotions at the expense of…
China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports
May 6 (Reuters) – China’s financial regulator has advised the country’s largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the U.S. over their ties to Iranian …
Taiwan Rebukes China After Report Firm Fired Minister’s Relative
A company operating in China apparently fired the relative of a Taiwanese minister over backing for the island’s independence, according to Chinese state media — a move officials in Taipei condemned.
