The development marked a breakthrough for Tesla’s chief executive, Elon Musk, in a country where his company has faced increasingly tough competition.
Tagged By beijing
China, anxious about Trump and Putin, tells Russia it is ‘true friend’
President Donald Trump’s rapprochement with Russia has some experts suggesting he might be trying to do a “reverse Nixon” and isolate Beijing by courting Moscow.
Chinese phones dominate Southeast Asia—but it’s ‘now or never’ for these budget brands to go premium
As the smartphone market matures, Chinese brands like Oppo are looking for growth by selling better phones, instead of more phones.
Exclusive-KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say
KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks’ China business, four sources said, as the U.S. coffee chain looks to revive flagging sales …
Made in China 2025: 4 questions on the country’s manufacturing upgrade 10 years on
Is China a leader in aeronautics and robotics? What role did the government play in their success? SCMP editors answer questions about Made in China 2025.
Auto brands from China Auto Valley eye faster growth
In 2024, Voyah achieved eight consecutive months of sales growth, with annual sales rising by 70 percent year on year. Li Boxiao, deputy general manager of the sales service company of the brand, said …
‘Good start’: China bids to reset ties with Japan amid Trump tariff storm
Both Asian powers have ‘sent clear signals’ they want to improve their economic relationship, but geopolitical tensions will make that difficult.
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s …
New bat coronavirus posing animal-to-human risk found in China
A Chinese team discovered a new bat coronavirus that poses a risk of animal-to-human transmission as it uses the same human receptor as the Covid-19 virus, a Hong Kong daily reported, citing the …
Taiwan detains China-linked cargo ship after undersea cable disconnected
Taiwan’s coast guard said it detained a China-linked cargo ship on Wednesday after a nearby undersea cable to the Penghu Islands in the sensitive Taiwan Strait was disconnected.
China says US plan to toughen semiconductor curb will backfire
The U.S. plan of coercing other countries into going after China’s semiconductor industry will backfire, China’s foreign ministry said on Tuesday.
DeepSeek boosts AI momentum in China as Biren Technology eyes Hong Kong IPO
Reports indicate that Chinese AI chip manufacturer Biren Technology is considering an initial public offering in Hong Kong with a target of raising US$300 million. The company is currently in …
China reassures security of Japanese nationals, reaffirming safe business environment
Chinese Vice-Minister of Commerce Ling Ji assured on Tuesday that isolated incidents involving Japanese nationals in China should not be seen as security threats to Japanese citizens or businesses.
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