Changes are afoot in the psyche of China’s consumers. The country’s economic miracle created a vast middle class that enthusiastically chased the status symbols associated with foreign luxury goods.
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Uber partner Momenta pursues fresh capital, targets over $5B valuation
Momenta is seeking to raise several hundred million dollars in new funding at a valuation exceeding $5 billion.
China Tightens EV Export Rules With Permits Required From 2026
China’s automakers will need permits to export electric vehicles from next year, adding to signs officials are tightening their management of the world’s biggest car market.
China’s chokehold on heavy rare earth exports may undermine Korean auto industry
A tightening Chinese chokehold on heavy rare earth exports is forcing Korean manufacturers to the brink, exposing cracks in Seoul’s strategy to secure critical minerals.
Connecting the Saudi livestream market: A new opportunity for Chinese brands
A new initiative to strengthen trade and investment links between China and Saudi Arabia was launched in Dongguan, underscoring growing bilateral cooperation in digital commerce and e-commerce …
China’s Momenta considers shifting IPO to Hong Kong from New York, sources say
(Reuters) -Chinese autonomous driving developer Momenta is considering shifting its IPO to Hong Kong from New York, four people said, adding to a growing list of Chinese companies opting to debut in …
Shanghai Digital Yuan Center Propels China’s Ambition in Global Payment Systems – Here’s How
China has opened a new digital yuan operations center in Shanghai for cross-border payment and blockchain services.
China now has more factory robots than rest of the world combined: 2 mn at work
Fuelled by state subsidies and industrial strategy, China’s factories now employ over two million robots, more than the rest of the world combined …
Exclusive: China’s Momenta considers shifting IPO to Hong Kong from New York, sources say
Momenta is considering shifting its IPO to Hong Kong from New York, four people said, adding to a growing list of Chinese companies opting to debut in the Asian financial hub amid heightened …
China launches digital yuan center to boost cross-border trade, investment
With the strong growth momentum to be injected by the new center, Shanghai will expand the application scenarios of the digital RMB, broaden its usage scope and help improve the internationalization …
China launches an investigation into Mexico’s tariffs on imports from Asia
BEIJING (AP) — China has opened an investigation into whether import tariffs being imposed by Mexico are a trade and investment barrier. Mexico plans to impose taxes as high as 50% on more than 1,400…
China opens digital yuan office in Shanghai
China’s main bank opened a digital yuan office in Shanghai this week, part of the country’s plan to get more nations using its money around the world.
China opens Shanghai digital yuan hub for cross-border, blockchain services
China launches a digital yuan operations hub in Shanghai to oversee cross-border payments, blockchain services and digital-asset platforms.
