Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the…
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Hong Kong fintech sector sees 250% blockchain growth since 2022
Hong Kong’s fintech sector reports a 250% rise in blockchain firms and a projected $606 billion market by 2032, fueled by Web3 and AI advancements.
China’s CATL sees slowest profit growth in six years
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China’s electric vehicle market put pressure on the Chinese EV battery giant.
China should not prioritise low prices in drug procurement plan, European lobby group says
A European business lobby group urged China to take steps not to prioritise low prices over product safety in the country’s centralised drug procurement programme.
No, China didn’t ‘cancel’ US beef amid tariffs tit-for-tat
China raised tariffs on beef imported from the U.S. in March 2025 after the Trump administration raised tariffs on all imports from China.
China Backs Iran in Nuclear Talks, Slams ‘Threat of Force’ From the West
Beijing sought to position itself as a key player in negotiations with Iran over its nuclear program, as President Trump called for talks with Tehran.
OpenAI slams DeepSeek, warning the US government that China is catching up fast
In a letter to the US government, OpenAI also outlined policy recommendations to secure America’s lead in AI.
The Mystery Chinese Crypto Boss Paying Elon Musk a Fortune for Space Mission
A China-born cryptocurrency billionaire with six passports is under scrutiny after paying Elon Musk’s SpaceX for a mission to space
China Condemns Panama Canal Deal, Asserting a Right to Influence the Region
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.
China blasts ‘spineless’ plan to sell Panama Canal ports to BlackRock
China has sharply criticized a proposal to sell ports in the Panama Canal to American asset management giant BlackRock, attacking the deal as “spineless groveling” and a “betrayal” of the Chinese …
Hong Kong’s CK Hutchison under fire after China criticism of ports sale to US
China’s Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticising CK Hutchison’s port deal with U.S. firm BlackRock as a betrayal of China, sending shares of the Hong Kong-based …
Crypto Reportedly Fueling Russia’s $192B Oil Trade With China and India, Insiders Reveal
Russia is increasingly using Bitcoin, Ether, and stablecoins like Tether in its oil trade with China and India. Finance Minister Anton Siluanov previously confirmed that …
Russia using Bitcoin, USDt for oil trades with China and India: Report
Russian oil companies have been using Bitcoin and Tether USDt to handle international oil trade with China and India, according to a new report.