Chinese carmaker Great Wall Motor Co Ltd. plans to shutter its European headquarters in Munich in August and lay off about 100 workers.
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Automakers Deepen China Ties as Trade War Heats Up: Hyperdrive
But at the corporate level, they’re growing ever closer. President Joe Biden’s quadrupling of tariffs on Chinese EV imports reinforced what many brands have already accepted — China-made cars aren’t …
Value Excellence Technology Introduces Female-Exclusive Vape Brand: LUCKY KISS
Hong Kong, China, June 03, 2024 (GLOBE NEWSWIRE) — Value Excellence Technology has astutely identified market demands and launched a vape brand specifically tailored for women—LUCKY KISS. Through …
Tesla Rivals Nio, Zeekr Report Record Deliveries; BYD EV Sales Strong
Tesla rivals in China reported May deliveries over the weekend, with Nio and new issue Zeekr setting new highs. Li Auto, XPeng and EV giant BYD also reported higher deliveries vs. April.Please watch …
Western experts ridicule Russian ‘Mad Max’ motorcycles in combat
Russian troops employing motorcycles to storm Ukrainian positions have drawn ridicule from Western military analysts, according to a June 2 report by Forbes.
After China, Zara Expands Live Shopping Experiment to Europe, US
Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format that is already wildly popular in China but one with which Western shoppers are less…
China Caixin PMI Signals Faster Manufacturing Growth in Contrast to Official Gauge
A private gauge of China’s factory activity expanded at a faster clip in May, contrasting with the official index’s unexpected slide into contraction.
China’s Very First Aircraft Carrier Was Built in Ukraine
China orchestrated a covert operation to acquire the rusting Soviet aircraft carrier Varyag. A businessman, Xu Zengping, fronted the purchase, pretending it was for a casino project. After protracted …
Tesla Prepares to Roll Out Full Self-Driving Across China
Chinese drivers currently have limited access to the autonomous driving software, which has been the topic of much safety discourse here in the US.
Inside China’s plan for AI: shape reality and enforce its power
The Chinese government has final sign-off on large language models and the data they were trained on.
11 crypto exchanges in Hong Kong ‘deemed to be licensed’, paving way for first approvals since 2022
which the Hong Kong government hoped would provide the regulatory clarity needed to transform the city into a crypto hub on par with the likes of Singapore or Dubai. Most of the exchanges that have…
Blockchain in Healthcare Market Analysis Size, Challenges and Growth Opportunities till 2032
Notably, China maintains its position as the world’s largest producer and consumer of Blockchain in Healthcare products, accounting for nearly 45% of the global market. Since 2010, China’s market …
China’s manufacturing activity for May expands at fastest pace in nearly two years to 51.7
A private survey showed that Chinese manufacturing activity expanded at the fastest pace in nearly two years in May, contradicting official data released last week pointing to a surprise contraction.
