Chinas
Huawei’s Maextro S800 becomes China’s top-selling US$100,000 car
[BEIJING] Huawei Technologies’ ultra-luxury Maextro S800 sedan is so popular in China nowadays, it is outselling Porsche’s Panamera, Mercedes-Benz Group’s S-Class and all other vehicles with sticker prices of...
China’s power reforms, global data centre buildout usher in battery boom
[BEIJING] A revamp of China’s electricity market is boosting the economics of storing power just as international demand surges, sparking a boom for the Chinese energy storage manufacturers that...
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing[HONG KONG] Semiconductor materials linchpin Resonac Holdings is eyeing solid...
China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice DepartmentCHINESE telecom equipment maker ZTE Corp may pay more than US$1 billion to the US government to...
Almost half of China’s first time car buyers want an EV: survey
New-energy vehicles are on track to account for more than half of the country’s new-car sales this year for the first time [HONG KONG] More first-time car buyers in...
China’s rare earth exports jump in November after Xi-Trump meeting
Exports in November jumped for a second consecutive month, by 26.5% from October to 5,493.9 metric tons[BEIJING] China’s rare earth exports jumped in November, the first full month since...
China’s three major airlines extend refunds and Japan flight changes to March 2026
[BEIJING] Three major Chinese airlines will offer refunds and charge-free changes to Japan-related flights until March 28 next year, state-owned news outlet Yicai reported on Friday (Dec 5), extending...
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020[BEIJING] China’s crackdown on borrowing by...