Leading EV assemblers like NIO and Xpeng are now in a race for supremacy in the future of mobility, and battery technologies may well be the key, say analysts.
Tagged By import
CFIA issues advisory on exports to China
The Canadian Food Inspection Agency has issued an advisory to those who export food products to China. Effective January 1, 2022, they will need to comply with two new Chinese regulations for imported …
U.S. Is The New Crypto Mining Capital After China’s Ban
The bank said in announcing the ban that cryptocurrency was “resulting in criminal activities including money laundering, illegal fundraising, fraud and pyramid schemes.” The government’s move comes …
China Deepens Ban By Putting Crypto Mining On Industrial Blacklist
The leading economic planner in mainland China seeks the abolition of cryptocurrency mining, and adds it to the industrial blacklist.
US approval of export permits to Huawei, SMIC suppliers shows challenges in decoupling from China
American businesses are not ready to give up on the Chinese market amid a global chip shortage, analysts said.
China’s troubled property behemoth averts default, signals business shift
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world’s …
China Evergrande scraps $2.6bn property services unit sale
China Evergrande has terminated a deal to divest a 50.1% stake in Evergrande Property Services to Hopson Development. The termination comes as Hopson Development failed to meet the prerequisite to …
China ramps up electricity imports from North Korea, Russia, Myanmar in bid to ease power crisis
Imports of electricity from North Korea increased by 62 per cent in September compared with the same period last year with China in the midst of a nationwide power crunch.
China Must Restore Growth
China is having an eventful month, marked by proliferating power-supply disruptions and the debt crisis of the country’s second-largest property developer, Evergrande. What does this mean for China’s …
Geely loosens grip on Volvo Cars days before $23bn IPO
The Chinese owner of Volvo Cars has bowed to pressure from Swedish investors to loosen its grip on the group’s voting rights just days before the premium carmaker is set go public in stock market…
China Evergrande plans to shift main business to new energy vehicles – Securities Times
China Evergrande Group will shift its main business to new energy vehicles within 10 years from property development, the state-backed Securities Times reported on Friday, quoting the developer’s …
China’s Jan-Sept coking coal imports dive 41% to 35 mln t
September, China’s total coking coal imports plunged 40.9% on year to 35 million tonnes, among which the tonnage for September declined 35.3% on year or dow …
Gucci Taps Xiao Zhan as Brand Ambassador to Boost Awareness in China
Gucci is betting on popular Chinese actor Xiao Zhan to boost the brand’s awareness, and speed its growth once again. The brand’s sales in China remained below 2019 levels in the third quarter of 2021.
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