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Nvidia and Apple supplier Foxconn posts 17% rise in third-quarter profit, beats forecasts

Foxconn Technology Group, the world’s largest electronics contract manufacturer, posted a 17 per cent rise in third-quarter profit on Wednesday,…

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New Business

China warns against abandoning traditional sectors in economic transition

Developing China’s “new quality productive forces” – a growth model championed by Beijing that emphasises technological breakthroughs and industrial upgrades…

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New Business

China’s rare earth magnet exports to US plunge 29% as tensions simmer

The decline in China’s exports of rare earth magnets to the United States accelerated in September – a period predating…

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New Business

Shanghai to scrap all foreign investment limits on manufacturing facilities

Mainland China’s commercial and financial hub Shanghai has pledged to remove all regulatory hurdles for foreign investors to set up…

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New Business

Market for sensor-laden smart tyres needs standards to get rolling: Goodyear Asia head

Sensor-enabled smart tyres that promise to maximise energy efficiency, safety and durability will take years to catch on globally, according…

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New Business

Xiaomi unveils 17-series smartphones, ramps up efforts in premium handset market

The models unveiled at an event in Beijing were the standard Xiaomi 17 and flagship models, the Xiaomi 17 Pro…

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New Business

China will be exporting 10 million cars per year by 2030, association forecasts

China’s auto industry is likely to sell more than 40 million vehicles per year over the next five years –…

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New Business

China’s rare earth magnet exports to the US decline amid trade war uncertainty

China’s exports of rare earth permanent magnets to the United States fell in August despite total shipments rising on the…

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New Business

Macroscope | The worst of China’s deflation scare is now over

Is China emerging from deflation? It might seem preposterous to ask such a question judging by the latest batch of…

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New Business

Germany’s Bavaria open to Chinese investment despite EU tensions, state minister says

Fifty years ago, Christian Social Union in Bavaria chairman Franz Josef Strauss visited Beijing, becoming the first West German politician…

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