The start-up joins a growing list of domestic robot makers in China raising capital Chinese start-up X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, …
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China announces countermeasures against Washington, including controls on drone exports to the US
China has announced a series of economic measures against the United States, including export controls on drones and a ban on trade with six American entities …
Amid slowing hotpot growth in China, Haidilao takes on biggest American burger brands
As burger outlets crowd the domestic market, Haidilao attempts to expand amid declining demand for hotpot China’s largest hotpot chain Haidilao International Holding is aiming to further diversify its …
China Eases Fuel Export Curbs as Global Supply Crunch Deepens
China has authorized refiners to export 2.7 million metric tons of gasoline, diesel, and jet fuel in August as ample domestic inventories ease supply concerns.
China’s Fuel Exports Surge as Beijing Eases Restrictions, Pressuring Asian Refiners
Chinese refiners exported close to 3 million metric tons of gasoline, diesel, and jet fuel in July after Beijing lifted restrictions imposed during the Iran war.
China eases controls on fuel exports for a second month, sources say
SINGAPORE, Aug 5 (Reuters) – China has eased limits on refined fuel exports for a second month in August, giving refiners temporary approval to ship 2.7 million metric tons to destinations excluding …
GM, SAIC extend China JV to 2047 to shift focus to local market and exports
China joint venture to 2047, shifting vehicle development to China and boosting Buick/Cadillac sales and exports—read more.
The New Rules for Independent Brands Selling in China
China’s fashion market remains fertile ground for independent brands looking to expand overseas. But as the market has grown and globalized, with more Western brands moving in to stake a claim and …
China cut its oil imports in half. No one knows why.
When Iran shut down the Strait of Hormuz five months ago, experts predicted oil could spike to $150 or $200 a barrel. It has barely topped $100. According to Rogé Karma, writing in The Atlantic,…
China box office: ‘Spider-Man: Brand New Day’ opens with $121 million
Sony Pictures’ superhero spectacle “Spider-Man: Brand New Day” swung into the top spot at the mainland China box office during the July 31–Aug. 2 weekend, generating RMB463.5 million ($68.1 million …
Analysis: A separation of Tesla’s China business ahead of a potential SpaceX merger could get tricky
By Chris Kirkham and Ju-min Park Aug 4 (Reuters) – Tesla has several paths to separating its China business – each of them complicated – should CEO Elon Musk decide that’s a necessary step to…
Chinese robot maker Unitree seen worth over $7.4 billion yuan after IPO, CITIC says
By Samuel Shen and Yantoultra Ngui SHANGHAI/SINGAPORE, Aug 4 (Reuters) – Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned …
Chinese robot maker Unitree seen worth over $7.4 billion after IPO, Citic says
Unitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovation and production expansion. This listing occurs amid …
