China’s economic recovery is gaining traction, with growth rising to its fastest pace in over a year in January-March. The 6.9 per cent annual pace of expansion for the world’s second-largest economy, reported Monday, surpassed…
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China’s car dilemma: Beijing wants electric, buyers want SUVs
Automakers face a dilemma in China’s huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The industry is rattled by Beijing’s proposal to require that electric cars…
China's economy gains steam; 1Q growth fastest since 2015
HONG KONG — China’s economic recovery is gaining traction, with growth rising to its fastest pace in over a year in January-March. The 6.9 per cent annual pace of expansion for the world’s second-largest economy,…
China's first-quarter property investment accelerates, defying curbs
BEIJING Real estate investment in China remained robust in the first quarter from a year earlier, official data showed on Monday, as the pace of new construction quickened, despite intensified government cooling measures. Growth in…
China Q1 property investment rises 9.1 pct y/y
BEIJING, April 17 Real estate investment in China rose 9.1 percent in the first quarter from a year earlier, official data showed, as the pace of new construction starts quickened despite intensified government cooling measures.…
China car dilemma: Beijing wants electric, buyers want SUVs
Government planners see electric vehicles as a sector where China can lead, and a Cabinet technology development plan issued in 2013 calls for two of the top global brands in 2025 to be Chinese. Hence…
China promotes electric cars but residents want SUVs
News reports say regulators might have agreed to lower or delay them in an updated plan due out this year, but there has been no official confirmation. China’s stand-out EV success so far is BYD…
China, U.S. working on ‘North Korea problem’: Trump
President Donald Trump asserted on Sunday that China was working with the United States on “the North Korea problem,” and his vice-president told American and South Korea service members that the North’s latest “provocation,” a…
China's first quarter growth beats expectations at 6.9%
China’s economy grew by 6.9% in the first quarter of 2017, according to official figures. The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many…
Trump says the U.S. is 'working with China' to deal with North Korea and doubles down on his position that they are NOT currency manipulators
China advocates to resolve the issue through peaceful means, and is willing to maintain communication and coordination with the US on the Korean Peninsula issue,’ according to the official statement. At a news conference the…
Harder on Russia and softer on China, Trump's views evolving
Trump’s declaration came at a joint news conference with the leader of NATO … As he shifts away from Russia, Trump is offering an outstretched hand to China. Trump recently hosted Chinese President Xi Jinping…
The game of naming luxury brands in China
Bottega Veneta stopped featuring its Chinese name on its Chinese official website. Though Airbnb’s new Chinese name, Aibiying (爱彼迎), attempts to convey the brand’s philosophy to “welcome each other with love,” the majority of Chinese…
Global carmakers converge on China as rare slowdown looms
Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales slowdown and potential price war as competition stiffens in the world’s biggest car market. Manufacturers…
