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New Business

Chinese gobble up goods as subsidy scheme, trade-ins fuel consumption, but can it last?

With a renewed focus on expanding demand this year, China has revamped its consumer products trade-in programme, and doubled down…

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New Business

Opinion | China could be the steady counterweight to Trump’s Pax Americana

After returning to the White House last month, US President Donald Trump is not simply doing the same things he…

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New Business

China digs deep on mineral security as battle for resources with US intensifies

Having already reported a significant increase in mineral reserves that serve to enhance its self-sufficiency, China is digging deeper with…

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New Business

Geely, Xpeng EV models threaten market leaders with cheaper, more intelligent cars

Two electric vehicle (EV) models targeting middle-income consumers in mainland China with lower prices have emerged as Tesla’s strongest rivals,…

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New Business

Tech war: DeepSeek fires up AI deployments into PCs, robots and EVs amid US sanctions

PC giant Lenovo Group, Shenzhen-based robotics firm UBTech and EV maker Geely are among the first major Chinese manufacturing enterprises…

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New Business

Nissan to bow out of historic tie-up with Honda, Nikkei reports

Nissan Motor is pulling out of its deal with Honda Motor to combine both brands and regain global competitiveness, the…

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New Business

Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions

The use of the yuan in trade finance is gaining momentum as companies seek cost efficiencies and supply chain diversification…

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New Business

Tianqi Lithium warns of US$1 billion loss on price slump, halt to Australian expansion

Tianqi Lithium, one of the world’s largest producers of lithium-ion battery materials, warned of a worse-than-expected loss because of a…

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New Business

Opinion | Can world leaders at Davos truly succeed in ‘reimagining growth’?

Leaders in government, business, academia and philanthropy convene in Davos, Switzerland, this week to sort out the world’s challenges, including…

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New Business

China’s top exporting regions pare back GDP targets under shadow of tariff threats

China’s top exporting regions have set moderate targets for gross domestic product in 2025, naming external pressure as a reason…

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