The Meng Xiang's activities in the South China Sea and other areas will be closely followed, because of grave concerns about the environmental impacts of deepsea mining and what resource the vessel will target
The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement
Chinese banks have sold nearly $6 billion of bond-like securities based on NPLs this year, while $8.4bn of bad loans were sold on the credit-assets market in the first three quarters
Chinese companies are asking Malaysian chip packaging firms to assemble chips known as graphics processing units (GPUs) amid concern US export restrictions could be expanded
Among other measures, the rules implement tougher licensing regulations and call for stronger protection of user information and payment accounts
A wave of Chinese EV makers are expanding in Europe amid slowing demand at home
The Japanese automaker is joining foreign brands like Tesla and BMW that are expanding their exports of China-made cars to exploit the country's lower manufacturing costs
The plan comes amid Beijing’s push to tamp down national security risks and heightened concerns around large-scale data leaks and hacking
Troubles at multiple Chinese shadow banks show how a faltering property sector is causing strain throughout the country's financial system
The premium electric vehicle brand is the latest marque to develop a homegrown battery system as brands look to shore up supply lines
High interest rates, sticky inflation and geopolitical tensions have seen share sales by Asia-Pacific companies touch their lowest levels since 2012
France's revamped rules on EV subsidies include a new criteria for eligibility — the amount of carbon emitted in the making of cars, which is reportedly much higher in China