SHENZHEN: In a significant shift in urban mobility, the number of supercharging stations in China’s tech hub, Shenzhen, surpassed that of its conventional petrol stations by the end of April, Shenzhen …
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China May Day holiday spending shows mixed picture on post-Covid-19 recovery
Domestic travelers spent 166.9 billion yuan (S$32 billion) during one of China’s longest breaks, the May Day holiday, a rise of 13.5% from pre-pandemic levels, government data showed on May 6, but …
China’s leading electric vehicle maker selling cars for $10,000
China’s EV giant, BYD, makes more electric vehicles than any of its competitors and sells them for as low as $10,000. The cars are not yet sold in the U.S., where hurdles include a 25%…
Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China
New Biden administration rules loosening looming restrictions on federal electric vehicle tax credits are drawing the ire of China hawks and mining representatives, who claim the “outrageous and illegal” policy amounts to giving a “blank…
Foreign reporters praise snow leopard documentary after screening in Beijing
A screening of Chinese documentary Snow Leopards and Friends was recently held in Beijing, with 50 international reporters attending. The documentary examines the current situation for snow leopards …
Claims of surrogacy, illegal in China, investigated by Chinese health commission
China is investigating claims of an illegal surrogacy operation in the Chongqing Angel Obstetrics and Gynecology Hospital in China that went viral on social media.
Call it Cognac diplomacy. France offered China’s Xi a special drink, in a wink at their trade spat
How do you smooth over trade tensions with the all-powerful leader of economic powerhouse China? Charm him with a bottle of Cognac or two.
Greater Bay Area: Hong Kong, Shenzhen begin cross-border credit checks in pilot trial for data transfer
A new data-verification platform will test Beijing’s plan to keep watch on cross-border data flows without disrupting normal business operations.
Shenzhen bourse-listed firms report profits of over 257 bln yuan in Q1
The bourse said that a total of 2,852 companies listed on the exchange disclosed their first quarterly reports, of which 1,597 companies registered a year-on-year increase in revenues, and 1,501 …
U.S. automakers like GM are rapidly losing ground in China, once an engine for growth
GM’s fall from grace in China is staggering amid geopolitical tensions with the U.S., along with changing consumer sentiment and increased domestic competition.
China’s trade war with the US is unlikely to cool down this election year, so it’s working on Europe instead
Chinese leader Xi Jinping is visiting France, aiming to refresh China-France ties amid complaints about China’s factory overcapacity.
Tourism in China surges during May Day holiday but travelers turn frugal
China has reported a surge in tourism during the just concluded Labor Day holiday, but travelers cut back on their spending, in a sign that consumption in world’s second largest economy remains …
BETSY McCAUGHEY: Trusting China Could Lead To Another Catastrophic Pandemic
It’s one thing to die from natural causes. Worse, to die from a disease leaked by Chinese scientists in a lab and allowed to wipe out millions. That is now …
