Facing a severe domestic sales slump, Chinese auto giants are aggressively exporting vehicles to international markets to offset declining sales and secure growth.
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The mystery of how China is keeping down the world’s oil prices
China is normally the world’s top crude oil importer, and it sources much of that oil from Iran and other countries in the Middle East. China’s imports have fallen from around 11.6 million barrels a…
As Musk secures first trillionaire status with SpaceX IPO, will the next come from China?
As the initial public offering sees Musk become the first ever trillionaire, China is also seeing growth in its tech uber-rich This is part of a series on the global impact of SpaceX’s historic IPO,…
China missed the World Cup. Its brands didn’t
From broadcast operations to sponsorships, Chinese companies hold key roles at football’s biggest event despite geopolitical friction Inside a sprawling broadcast hub in Dallas, thousands of devices …
SpaceX playbook set to fuel China’s IPO ambitions but tech gap persists
(Refiles to fix typo in fourth bullet. No changes to story.) By Eduardo Baptista and Samuel Shen BEIJING/SHANGHAI, June 12 (Reuters) – SpaceX’s record $75 billion IPO is poised to supercharge Chinese …
China’s top coal region to expand coal-to-oil output in energy security push
By Colleen Howe HOHHOT, China, June 12 (Reuters) – China’s top coal-producing region plans to build the country’s largest base for turning coal into oil, gas and chemicals to help reduce reliance on …
Ant Group to hike capital outlay for AI
A view of the booth of Ant Group during an expo in Beijing. HUANG YONG/FOR CHINA DAILY . Ant Group will step up investments in artificial intelligence and data elements in the nex …
Whose IPO strategy wins? Comparing blockbuster US IPOs like SpaceX to China’s ‘shotgun’ approach
Peter Alexander, Founder and Managing Director at Z-Ben Advisors, discusses the contrasting IPO strategies of the U.S. and China, whereby the former relies on massive IPOs like SpaceX for wealth …
‘China follows Musk very closely’: While SpaceX blocked Chinese investors from IPO, China’s space firms prep their own as a counterweight
China has ramped up its space initiatives to compete with SpaceX’s ascent in the last three years, with some commercial space firms eying similar satellite and rocket launch goals.
China’s apparel imports from other Asian countries on the rise
While China is known as the biggest apparel exporter on earth, its apparel imports have been quietly growing, more than tripling from 2010 to 2024.
China’s space start-ups eye IPO boom as SpaceX heads for record listing
China’s emerging aerospace firms are lining up to list as SpaceX’s blockbuster flotation shines a spotlight on the sector This is part of a series on the global impact of SpaceX’s historic IPO, …
Foreign luxury firms see China sales surge
People check out Coach handbags during the eighth China International Import Expo in Shanghai on Nov 6 last year. GAO YANG / FOR CHINA DAILY By WANG ZHUOQIONG A string of upbeat earnings reports from…
US firms remain cautious about investing in China despite improved profits
Just 49 per cent of the companies surveyed by the US-China Business Council said they planned to invest in the Asian country this year, up one percentage point from a record low last year …
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