He Xiaopeng said China’s new energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025. China is promoting NEVs, including battery-electric, plug-in hybrid and …
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BYD Beats China Benchmark as Strong EV Sales Offset Chip Worries
Chinese electric-vehicle stocks, led by BYD Co. Ltd., emerged as a bright spot in the nation’s lackluster markets, as robust sales reports ease concerns about the global chip shortage and lure …
Business Highlights: Energy crunch, mainstream Bitcoin
Energy crunch hits global recovery as winter approaches The world’s facing an energy crunch. Europe is feeling it most as natural gas prices skyrocket to five times what they were at the start of the…
China’s slowing growth and massive debt threaten stock and bond investors worldwide
OUTSIDE THE BOX The uproar surrounding China’s beleaguered Evergrande Group, the world’s most indebted property concern, are distracting from China’s broader debt problem and slowing …
China losses hurt Ericsson Q3 sales, supply chain issues surface
Missing out on significant 5G contracts in China hurt Ericsson’s sales in the third quarter, but the vendor partly offset that with growth in other markets, despite starting to feel impacts from …
China is creating a brand-new national park to protect giant pandas
Everyone loves giant pandas. How could you not? Huge, fluffy, clumsy and cute: they’re just the ideal animal. And clearly the Chinese government thinks the same. That’s why it’s establishing the Giant …
The US’s political and business elites no longer agree on China
In their book , the reporters Bob Davis and Lingling Wei chart the raw meetings between US business and Chinese leaders in the early years of Donald Trump’s administration. Our president is not an …
China’s property and construction sectors contract in third quarter as Evergrande crisis and tougher regulation hit home
China’s property and construction sectors contracted in the third quarter for the first time since the start of the pandemic, hurt by a slump in real estate as the Evergrande debt crisis and the …
Overview of The New Implementing Rules on Critical Information Infrastructure in China and Key Takeaways
On 30 July 2021, the State Council promulgated the Regulations on the Security Protection of Critical Information Infrastructure (the Regulation), which took effect on 1 September 2021. This Regulatio …
China’s EV sales expected to exceed 35% in 2025, Xpeng CEO says
New energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025, He Xiaopeng, the chief executive of electric car maker Xpeng Inc said at the Reuters Events…
China flooding exposed risks in Beijing’s plan to launch digital currency
Heavy summer rains knocked out cellphone service, leaving many people who don’t carry cash unable to pay with popular apps …
China culls unprofitable 5G use cases as it narrows focus
After throwing resources at thousands of industry use cases in the past two years, the China 5G industry has abandoned most of them to narrow its focus.
GlobalFoundries, Mubadala Seek to Raise $2.6 Billion in IPO
Most Read from Bloomberg Google’s Biggest Moonshot Is Its Search for a Carbon-Free Future A $30 Billion Fortune Is Hiding in China’s Silicon … priced at the IPO price.
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