Tesla (NASDAQ: TSLA) sold 25,845 locally made vehicles in China in April, down 27% from March, a possible reaction to increased scrutiny on the electric vehicle manufacturer from the Chinese …
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Back off or Ericsson gets it, China reportedly tells Sweden
The equipment maker could be turfed out of China’s second 5G tender if Sweden’s government does not reinstate Huawei and ZTE, according to a Chinese news report.
China’s top memory chip maker YMTC denies report that it has a secret plan to wean itself off US technology
China’s leading memory chip maker has denied a media report that it has set up a special task force to review its supply chain to replace US suppliers, saying it is committed to becoming part…
Chinese startup Full Truck Alliance to launch $1.5 bln IPO -source
Chinese startup Full Truck Alliance aims to raise around $1.5 billion from its initial public offering in New York which will value the company at more than $20 billion, a source familiar with the …
Building Chinese brands under the ‘Dual Circulation’ strategy
Hong Hao, chief strategist at the Bank of Communications International, pointed out that the growth of China’s brands is part of the process of the country upgrading its manufacturing industry. He …
Beijing Tries to Put Its Imprint on Blockchain
China offers cheap server space and other enticements in an effort to spread its vision for the next-generation internet.
Beijing to probe Ant’s speedy IPO approval
Among questions being explored by the probe are why Ant’s IPO was fast-tracked, if the company made sufficient disclosures and whether it received preferential treatment in the allocation of its stock …
Xiaomi ranked 4th in Top 50 Global Brand List in China
Xiaomi announced that Kantar and Google will be revealing its 2021 BrandZ Top 50 Global Brands in China this week. The company shared this on its official Weibo account, a Chinese microblogging …
Tesla China Sales Falter With Exports Robust on Demand in Europe
Tesla Inc. sales in China dropped last month, a worrying trend amid stepped up criticism of the U.S. automaker. But exports of its China-made electric cars were robust, an encouraging sign there’s …
Export Tax Rebates in China: Recent Changes and Risk Management
We discuss company best practices for utilizing China’s export tax rebates and assess the risks associated with the frequent compliance and rule changes.
Supply chain curbs on China are hurting U.S. businesses: Fortune
The U.S. has banned technology exports to Chinese companies over the past two years, and the move, that was designed to curb China, is now actually hurting American businesses, Andy Purdy, chief …
China’s digital currency is coming — other major economies need to follow suit
Blockchain is reinventing the way we conduct payments, and the risks of being left behind are too great to ignore.
Business group warns China boycotts spooking investors
An American business group warned Tuesday that government-instigated consumer boycotts of foreign shoe, clothing and other brands in China are making companies less willing to invest.