With Chinese citizens limiting their spending, big foreign companies are changing their strategies, as a property crisis drags on and youth unemployment stays high
The new rules, to take effect in 2025, will ban US investment in three sectors: Chinas chips and microelectronics, quantum information tech and certain AI systems
A state enterprise is acquiring control of the last foreign-owned rare earth refineries in China, while details about the sector are now classed as state secrets
The US election poses risks for China – the threat of major tariff increases, a trade war and geopolitical instability if Trump wins; economic decisions can be made once the result is known.
Chinese startup raises about $120 million from IPO on Nasdaq, due to start Friday, plus $320.5 million from a private placement
President Xi said at a summit in Beijing last month that from December goods from least developed countries with diplomatic ties to China would not be subject to import duties
The chief of the best-selling car brand in the US has been taking trips to China and testing Chinese EVs over the past 18 months to size up the competition
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.