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Volkswagen to launch 11 new models in China as it targets 4 million units by 2030

Volkswagen and its long-standing partner FAW Group will launch 11 new models exclusively for the Chinese market as it seeks…

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New Business

Tesla’s February sales slump in China as buyers turn to domestic rivals BYD, Xiaomi, Xpeng

Tesla continued to lose market share on the mainland to its Chinese rivals in February, as sales plunged more than…

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New Business

At ‘two sessions’, China takes aim at an insidious economic foe: ‘neijuan’

China has signalled its plans to up the ante in its fight to stamp out the excessive, cutthroat competition plaguing…

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Made in China 2025: 4 questions on the country’s manufacturing upgrade 10 years on

China has made significant progress in multiple industries under its “Made in China 2025” plan that Beijing initiated a decade…

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Citigroup eyes US$500 billion in outbound investments from China and East Asia

Major companies from China, Taiwan and South Korea would be responsible for nearly half a trillion dollars in outbound investments…

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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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