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New Business

Chinese EVs are poised to push out to global markets, using Hong Kong as a stepping stone

The China Association of Automobile Manufacturers (CAAM) hosted its first automotive industry supply chain summit in Hong Kong on Wednesday,…

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New Business

Electric vehicle deal with China is not close, top EU trade official says

The European Union and China are not close to finalising a deal that would end their long-running electric vehicle dispute,…

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New Business

UBS says foreign carmakers are at risk of losing up to US$20 billion a year in China

Foreign carmakers are at risk of losing up to US$20 billion in profit annually in China, amid intensified competition with…

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New Business

Chinese EV makers face ‘do-or-die moment’ as competitive screws tighten

Unprofitable Chinese electric vehicle (EV) makers, ravaged by a discount war at home and higher tariffs abroad, are stepping up…

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Tech

Tech industry giants urge EU to streamline AI regulations

Meta has spearheaded an open letter calling for urgent reform of AI regulations in the EU. The letter, which garnered…

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New Business

China’s medical-device makers look overseas for exports to cure to ailments at home

Meanwhile, exports within the low-risk class I medical device category, which includes syringes, needles and gauze, made up 25.27 per…

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New Business

China considers higher tariffs on large petrol cars as EU tensions escalate

“The timing of the action basically suggests that this is a response to the EU tariff on made-in-China EVs,” said…

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Tech

Experts assess the EU’s AI Act

As the EU’s AI Act prepares to come into force tomorrow, industry experts are weighing in on its potential impact,…

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New Business

In China for China: German firms buck trend, bring best tech and products to compete

“We are full of confidence in the prospects of our China business, as always,” said Zhao Gang, general manager of…

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Tech

Microsoft and Apple back away from OpenAI board

Microsoft and Apple have decided against taking up board seats at OpenAI. The decision comes as regulatory bodies intensify their…

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