Polestar is the Geely group’s luxury performance brand in the United States, a major development as China takes advantage of global government EV mandates to gain a foothold in foreign markets. Like …
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China – Despite its higher costs, China is still a supplier to big brands
Despite its higher costs, China is still a supplier to big brands Although many Western companies began after the pandemic to look for other suppliers outside China and set up factories in other Asian …
BYD-Backed China Battery Firm Gellec Weighs Hong Kong IPO
Hebei Gellec New Energy Science & Technology Co. is considering a Hong Kong initial public offering as early as next year after shelving previous plans for a listing in mainland China, according to …
China’s Probe Into Foxconn Is ‘Political’: Taiwan Security Chief
Taipei’s national security chief has said a Chinese tax probe into Taiwan tech giant Foxconn is “political”, as its billionaire founder Terry Gou is running for president of the democratically ruled …
Execs give China Import Expo the thumbs-up
Wu Jie, executive director of Venture Cup. [Photo/CHINA DAILY] The sixth China International Import Expo, which concluded on Friday, attracted a multitude of Chinese and foreign businesses from a …
Xi and Biden have one last chance to fix US-China relations
As US President Joe Biden and Chinese President Xi Jinping prepare for a critical meeting in San Francisco, the stakes for US-China relations have never been …
Chinese Hackers Turn to Skype Video App In Latest Scam Targeting Crypto Users: SlowMist
Crypto security analytics firm SlowMist has uncovered a new phishing scam in China that uses a fake Skype video app to target crypto users.
House proposal prohibits agencies’ use of blockchain tech tied to China
In a statement, Nunn added that the Chinese government’s “heavy investment” in blockchain technology “poses a colossal national security and data privacy problem.” “Our bipartisan bill ensures that …
China avoids grain drain, reporting record yields despite floods, droughts and import doubts
In a year when natural disasters threatened to derail its food security drive, China is reporting record grain harvests as autumn comes to a close.
The China trade goes the way of the pandas
China puts Uyghurs in camps and tries to “deprogram” them out of their religious beliefs. It locked its people up in the cruelest COVID lockdowns while steadfastly refusing to deal with the world …
Didi posts first quarterly profit since ill-fated New York IPO amid recovery in Chinese ride-hailing market
The company has also announced a plan to buy back up to US$1 billion of its shares amid reports of a planned Hong Kong listing.
As China concerns and costs grow for manufacturers, is Mexico’s time now?
As firms look to address labor needs and diversify their supply chains, some suggest it’s the right moment to look toward Mexico as a solution, given …
Beauty Stocks Tell an Ugly Story About China
Are Chinese consumers clawing their way back, or not? Cosmetic brand Shiseido’s plummeting China sales—and stock price—are a vote for the latter.
