Audi and SAIC Motor are expanding their China partnership to jointly develop at least four electric vehicles under a new China-focused brand.
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China offers loans, technology for Vietnam railways
By Liz Lee BEIJING, April 17 (Reuters) – China has offered to boost ties with Vietnam on railway infrastructure, from loans and technology to training and industrial capabilities, a joint statement …
China’s New Drone Swarm System Allegedly Controls Over 90 Aircraft At A Time
China’s state-operated TV network has aired a demonstration of an AI-powered drone swarm system that can allegedly control up to 90 drones. How does it work?
China to further diversify energy imports, boost reserves, state planner says
BEIJING, April 17 (Reuters) – China will continue to diversify its energy imports and boost energy reserves to help enhance its capacity to cope with an “emergency situation”, Wang Changlin, vice …
China prioritizes US-Iran talks, traders await concrete developments
China’s foreign minister announced a priority to push the US and Iran back to the negotiation table. The Polymarket contract for no qualifying diplomatic US-Iran meeting by June 30 sits at 2.1% YES.
Manycore, one of Hangzhou’s ‘Six Little Dragons’, surges on Hong Kong IPO debut
The company’s listing highlights its pivot from design tools to advanced AI-driven spatial platforms as it eyes overseas growth Manycore Tech, a design software developer hailed as one of Hangzhou’s …
Kailera nets $625M in one of biotech’s biggest-ever IPOs
The high-profile obesity drug developer priced the biotech sector’s biggest offering since 2022 and will use the proceeds to support a portfolio of medicines licensed from China’s Hengrui Pharma.
Former China Mobile Internet chief under investigation
Hong Xiaoqin, former chairman and general manager of China Mobile Internet Co, is under investigation for suspected serious violations of Party discipline and national laws, according to a statement …
China Expected To Launch Yuan Stablecoin Within Five Years
China is likely to issue a stablecoin backed by the Yuan currency within the next five years, according to the CEO …
China’s Sigenergy shares more than double in Hong Kong debut after $562 million IPO
By Donny Kwok and Yantoultra Ngui HONG KONG/SINGAPORE, April 16 (Reuters) – Sigenergy Technology, a Chinese energy storage systems maker, ended 103.4% higher in its Hong Kong market debut on Thursday …
China flexes trade power with soaring use of export controls
China has nearly tripled its use of export controls in the past five years, a report shows, underlining Beijing’s willingness to leverage its power over supply chains as Xi Jinping prepares for talks next month…
China economic growth accelerates to 5% in first quarter, beating expectations on robust exports
Beijing had lowered its growth target this year to a range of 4.5% to 5%, the least ambitious goal on record going back to the early 1990s.
China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
