German supplier ZF Friedrichshafen AG will assist Jidu, a smart electric-vehicle brand of Chinese self-driving technology developer Baidu, to develop chassis and other components.
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Tesla To Break Ground On New Manufacturing Plant In China
Tesla To Break Ground On New Manufacturing Plant In China Electric vehicle maker Tesla (TSLA) plans to break ground on a new manufacturing plant …
China’s Alibaba Shares Slump as Revenue Growth Disappoints
China’s Alibaba Group Holding shares slumped over 6% on Thursday after the e-commerce giant recorded the slowest revenue growth since it went for an IPO in 2014. The multinational technology giant …
Vehicle export rally extends
Vehicle exports from China continued to forge ahead in January, spiking 88 percent from a year earlier to some 231,000, the China Association of Automobile Manufacturers said this week.
Alibaba quarterly revenue grows at slowest pace on record as business in China remains hobbled by tightened regulation, weak consumer spending
The e-commerce giant’s revenue in the quarter ended December rose 10 per cent to US$38.07 billion, which missed analysts’ consensus estimates Net income was down 74 per cent from a year ago to US$3.21 …
China calls for talks on Ukraine, OKs Russian wheat imports
China has repeated calls for talks to resolve the crisis in Ukraine while refusing to criticize Russia’s attack and accusing the U.S. and its allies of worsening the situation …
China’s net gold imports via Hong Kong slid in January
Feb 24 (Reuters) – China’s net gold imports through Hong Kong dropped by 5.6% to their lowest level in five months in January, official data showed, although demand rose on an annual basis. Net …
China’s Supreme Court adds digital currency to list of illegal fundraising methods
China’s hardline policy on crypto took another turn on Thursday as the Supreme Court of the country revised its judicial interpretation for illegal fundraising to include digital currency …
China avoids calling Russia’s attack on Ukraine an ‘invasion’ and says trade with Russia will continue as normal
China’s foreign ministry said the US had “hyped” the prospect of a war, and urged all parties to exercise restraint.
How the U.S. benefits when China turns its back on Bitcoin
In the farmland on the outskirts of Kearney, Nebraska, there’s a field full of modified 40-foot shipping containers lined up in rows. It’s off the main road and easy to miss; there are no signs…
Biggest Consumer Trends for China in 2022 and the Foreseeable Future
We look at some of the prominent consumer trends in China, spending patterns among high-income groups, and Chinese brand strategies when selling overseas.
A 500-million-dollar business! America’s state-sponsored anti-China propaganda
It is tantamount to state-sponsored propaganda, which the superpower has borrowed—along with other dishonorable tactics, e.g., setting up a spy mission center targeting China—from previous approaches …
Bud APAC revenue, profit surge on premium brands and China
Hong Kong-listed Budweiser Brewing Co APAC Ltd saw both its top and bottom lines surge in 2021 mainly due to success of its premium beer brands, the company’s CEO and Co-Chair Jan Craps said on…
