Chinese collectibles retailer Pop Mart opened its eighth U.S. store in Las Vegas last month and aims to have 200 stores as it reveals ambitious U.S. expansion plans.
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China Is No Longer an Open Road for German Carmakers
Porsche’s first-quarter deliveries in China fell 24% from a year earlier. It isn’t alone. Ferrari’s shipments to mainland China dropped 25% year over year in the quarter, too. Mercedes-Benz and BMW …
Chinese smartphone brand Oppo to roll out AI functions to 50 million users by year’s end
Oppo will not only add generative AI to its flagship Find series of smartphones, but will also incorporate the technology in its more affordable Reno, F and A series AI-powered smartphones will …
1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei
Newlywed Lisa told Nikkei on Tuesday that in her brand-new factory for Li Auto, more than 1,000 employees like her were given the choice of either quitting or receiving minimum wage until business …
Foreign enterprises tap into China’s evolving market
The resilience of China’s massive consumer market has left a strong impression on foreign investors, particularly amidst the lukewarm global recovery. The growth momentum in the market has made it …
Tesla’s China shipments experience downturn amidst rising competition
Tesla is grappling with a decline in shipments from its Shanghai factory, marking the third such instance this year. Preliminary data from China ‘s Passenger Car Association reveals a 6.6% drop in …
China’s commercial vehicle sales up 8.1 pct in first 4 months
China’s commercial vehicle sales rose 8.1 percent year-on-year in the first four months of the year, industry data shows.This was reported by The Xinhua News …
China Ratchets Up Pressure on Taiwan With Tariffs, Tension With US Deepens
Beijing has announced that it plans to reinstate tariffs on 134 imports from Taiwan over the course of the coming weeks. China’s Ministry of Finance said the suspension of duty concessions, which were …
China’s Robust Services Activity Drives up Employment, Caixin PMI Shows
The Caixin/S&P Global services purchasing managers’ index (PMI) rose to 54.0 from 52.5 in April, expanding for the 17th straight month and growing at the fastest pace since July 2023. The 50-mark …
China Risks Trade War on Two Fronts as Low-Tech Exports Soar, Too
China’s export boom goes far beyond the high-tech industries that are in Western crosshairs, leaving Beijing at risk of a backlash from countries that have so far preferred to sit on the trade-war …
China: Scrutiny Of Potential IPOs Intensifies
reportedly wants to ensure that only top-tier firms (those preferred by the Beijing government) can access the country’s capital markets. The nation’s largest bourses in Shenzhen and Shanghai haven’t …
Chinese car brands hit accelerator on road tests for level three autonomous driving tech
China has given the go-ahead to nine local car brands to start testing level three autonomous vehicles on public roads.
China’s Geely Inks Multi-Year EV Chips Deal With STMicroelectronics
ST will provide Geely with silicon-carbide semiconductor products for the latter’s mid-to-high-end battery EVs for several years, enhancing performance, charging speed, and driving range, the Swiss …
