The finding helps explain the surging popularity of local Chinese electric car startups, which are quicker to introduce new technologies into their models. “The intelligent vehicle-related field has …
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Baidu wins approval for China’s first full driverless taxis
Baidu Inc. has won approval to deploy the first fully autonomous self-driving taxis on China’s roads, giving it an edge over rivals like Pony.ai Inc. and XPeng Inc.
Baidu Begins Paid Robotaxi Service In China With No Employee Aboard
Baidu has announced they have received permits to operate a paid Robotaxi service in China, with no human safety driver aboard the vehicle. This shows they are confident in their vehicle …
China’s Hainan Orders More Lockdowns as Covid Sweeps Island
The Chinese resort island of Hainan has placed more cities, including the provincial capital, into lockdown as a Covid-19 outbreak spreads, stranding tens of thousands of tourists in one of the nation …
China’s exports on the up but outlook is cloudy as global growth cools
China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as it struggles to recover from a Covid-induced slump.
Chinese smartphone brands see declines in 2Q22, says DIGITIMES Research
China-based smartphone brands saw their combined shipments slip 5.2% sequentially and 4.6% on year to come to around 150 million units in the second quarter of 2022, according to figures from …
Soft Start Predicted For China Stock Market
(RTTNews) – The China stock market has climbed higher in two straight sessions, gathering almost 65 points or 2 percent along the way. The Shanghai Composite Index now rests just above the 3,225 …
China IPO market trounces the world
China’s IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill. Offerings in the Asian …
China’s Crude Oil Imports Climb From Lowest Level in Four Years
China’s imports of commodities in July offered some tentative signs of a demand recovery after the sharp slump earlier this year due to stringent Covid-19 restrictions and property woes.
China Suspends Imports Of Multiple Taiwanese Food Brands
Taiwan’s Council of Agriculture (COA) said Tuesday that China had temporarily halted imports of products from multiple Taiwanese food companies, …
Apple warns its suppliers about China following Pelosi Taiwan visit
The Pelosi Taiwan visit has caused all sorts of second- and third-order side effects, like Apple now fretting about its iPhone supply chain.
China’s export sector posts stronger than expected figures for July
Outbound shipments grew 18% after a first half year struggling with shortages of raw materials and lockdowns …
China Adds Two New Tech Billionaires As IPOs Soar
China is home to the world’s second-largest number of billionaires after the United States. Local investors have been upbeat about the prospects for the home-grown chip suppliers at a time when China …
