The new brand moves came as the company also today celebrated a production milestone of three million EVs. From the first new energy vehicle to the first million took BYD 13 years …
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FAW Toyota to import more Crown models into China
Sino-Japanese joint venture FAW Toyota unveiled the Tuesday, which is expected to further enrich the Crown lineup in China. The carmaker said it will soon import the model for car buyers in the …
Asian Hedge Funds Amassed China’s Pinduoduo, Ditched JD.com in Q3
The switch seemed to be driven by the view that Pinduoduo’s global ambition and inexpensive products would give it an edge over the purely domestic JD.com business. HHLR Advisers, an investment …
BYD Parks Chip Unit IPO
The decision comes seven months after China’s top securities regulator raised questions about whether BYD Semiconductor Co. Ltd. — which gets the majority of revenue from its parent — was capable of …
China reduces, defers 3.7 trillion yuan of taxes and fees to incentivize business growth
China had cut or deferred taxes and administrative fees by more than 3.7 trillion yuan ($525 billion) so far in 2022, amid the government’s efforts to incentivize business and economic growth, …
Decoding China’s CIIE And What It Means For Foreign Brands
What is the China International Import Expo? Why, since COVID-19, has it emerged as an ever more important access point for foreign brands?
Markets are obsessed with China’s ‘zero-Covid’ policy and it’s made this stock a bargain
This is happening now with Kering, the Paris‑listed luxury goods company: the market is fixated with the effect of China’s zero‑Covid policy on the sales of its biggest brand.” That brand is Gucci, …
US Has Sent a Net $309 Billion to Communist China This Year
“American leadership must meet this new moment of advancing authoritarianism, including the growing ambitions of China to rival the United States,” Biden said at the beginning of …
China Isn’t Out Of The Economic Woods, Just Ask Japan And South Korea
In all the market euphoria over recent policy moves in Beijing, global investors seem to be missing the signals emanating from Tokyo or Seoul.
We’re not immune to the challenges from resurgence of Covid in China: Autonomous aerial vehicle firm
Richard Liu of EHang says although China’s zero-Covid policy remains … NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock …
In China’s property crisis, global asset managers see opportunity in rental housing
Global investors Warburg Pincus and Greystar Real Estate Partners are pushing deeper into China’s rental housing, as a growing number of distressed developers are looking to divest some of their …
Russia, China And The Global Impact To ESG Investing
If ESG investing is going to remain legitimate, it needs to incorporate geopolitical concerns, democracy, and human rights.
Import of screen protectors from China under lens
The government has initiated a probe into alleged evasion of taxes and duty, to the tune of thousands of crores of rupees, on the illegal sale and imp …
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