China’s Chery Automobile has applied for an initial public offering in Hong Kong, seeking funds to develop new vehicles and technologies as well as to expand in global markets and improve domestic …
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Shenzhen’s tech rival, China’s Mach 16 jet fuel engine: SCMP’s 7 highlights
From challenger to Shenzhen’s tech crown to Chinese scientists building jet fuel engine, here are highlights from SCMP’s recent reporting We have selected seven stories from this week’s news across …
Iron ore set for monthly loss on China steel export concerns
Iron ore futures prices fell on Friday and were set for modest monthly losses, pressured by U.S. tariff concerns and mounting trade frictions against Chinese steel exports.
China’s manufacturing activity set to contract for second month in Feb: Reuters poll
China’s factory activity likely contracted for a second month in February, keeping alive calls for even more stimulus to prop up depressed domestic demand in the world’s second-largest economy as …
Several foreign infant formula brands see strong growth in China in 2024, reflecting new market opportunities
A consumer selects infant formula in a supermarket in China. File photo: VCG. A number of foreign infant formula brands scored a win in the Chinese market in 2024, with some recor …
China’s Chery Auto files IPO application in Hong Kong
China’s Chery Automobile has submitted an application for an initial public offering in Hong Kong, according to a prospectus published on Hong Kong Stock Exchange on Friday.
China tech startups race to capitalize on DeepSeek fever
Chinese technology startups are racing for fresh fund-raising to capitalize on the DeepSeek-induced fervor toward AI, as well as President Xi Jinping’s recent show of support to the country’s private …
China urged to think big, go hard on reviving battered consumption
Coco Wen took advantage of China’s consumer subsidies to buy herself a new iPhone for about two thirds of the original price. At the same time, she’s cutting spending on other things.
Analysis-China urged to think big, go hard on reviving battered consumption
Coco Wen took advantage of China’s consumer subsidies to buy herself a new iPhone for about two thirds of the original price. At the same time, she’s cutting spending on other things. “I usually …
Factbox-Key economic targets expected to be approved by China’s parliament
China’s Premier Li Qiang is expected to unveil the country’s main economic targets for 2025 at an annual parliament meeting which kicks off on March 5. GROWTH TARGET Beijing is expected to keep its …
Big fines coming for US export violations, says ex-Commerce official, as China sales probed
The U.S. Commerce Department is likely to impose hefty fines on companies in the coming months for illegally shipping technology to customers in countries like China, a top department official who …
Trump confirms tariffs on imports from Canada and Mexico, announces new measures for China
American President Donald Trump has confirmed tariffs on imports from Canada and Mexico. At the same time, he announced new taxes on imports from China, informs CNN. Trump stated that 25% tariffs on …
Here’s How Mainland China May Allow Chinese Traders Access to Bitcoin
Beijing isn’t going to allow crypto exchanges to directly operate BTC in China, but there might be a way that Hong Kong crypto ETFs can be traded in the mainland.