Anhui

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China’s Yangtze River Delta reins in ‘profit-driven’ fines in relief for private sector

Entrepreneurs and legal experts have welcomed a move by Shanghai and its neighbouring provinces of Jiangsu, Zhejiang and Anhui to…

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New Business

Explainer | Which Chinese regions are being hit hardest by US tariffs?

As the trade war between the world’s two largest economies drags on, the impact is already showing: China’s exports to…

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New Business

BMW, Toyota, Mercedes-Benz recall nearly 70,000 vehicles in China over safety concerns

Carmakers including BMW, Toyota and Mercedes-Benz are recalling a total of 69,793 vehicles in China due to potential safety risks,…

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New Business

Xiaomi founder has ‘the hardest time’ since fatal crash involving one of its cars

Xiaomi chairman and CEO Lei Jun said he experienced this past month “the hardest time” since founding the smartphone and…

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New Business

Chinese EV makers urged to boost safety in self-driving systems after Xiaomi crash

An organisation representing China’s biggest carmakers has urged its members to enhance driving safety and avoid exaggerating the capabilities of…

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New Business

China’s CATL to mass-produce cheaper, more efficient sodium-ion EV batteries

“Sodium-ion battery technology is no longer a research achievement in laboratories,” Gao Huan, chief technology officer for EV business at…

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New Business

China e-commerce vendors scramble to respond to Trump tariffs, ‘de minimis’ exemption end

Many of the country’s 120,000 online exporters, whose major market is the United States, are making those adjustments after US…

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New Business

‘Millions of drivers need to be educated’ in wake of fatal Xiaomi crash, analysts say

The accident that killed three people in east China’s Anhui province on Saturday has prompted the company to investigate the…

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New Business

Xiaomi to cooperate with police after fatal crash involving SU7 EV’s self-driving feature

Xiaomi will cooperate with the police after an accident involving the autonomous driving feature of its SU7 electric vehicle (EV)…

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New Business

China’s consolidation of small banks accelerates to head off systemic risk

China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…

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