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Midea’s AC sales surge 35% in Europe amid heatwaves, offsetting slowdown in China

The blistering summer in Europe, which was marked by unbearable heatwaves, boosted air conditioner sales for Midea Group, as consumers…

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New Business

China’s visa-free policy boosts Beijing, Shanghai’s international influence: report

China’s expanded visa-free entry policy and technological advances have boosted the standing of its major cities as global hubs, with…

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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

Chinese workers in US explore fleeing to Europe after H-1B chaos: ‘I’m so tired of this’

When Alan, a Chinese national working at a chip company in the San Francisco Bay Area, saw that US President…

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New Business

HSBC opens first Middle East wealth hub in Dubai to tap booming UAE investment market

HSBC has opened its first wealth management centre in the Middle East in the UAE – its biggest investment in…

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New Business

Pony.ai to roll out autonomous robotaxis with ComfortDelGro in Singapore’s Punggol area

Pony.ai will deploy robotaxis in Singapore in the coming months, as the Chinese autonomous driving technology company takes a tentative…

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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

The hidden standards battle: inside China’s push to rewire global manufacturing

This year marks half a century of formal diplomatic relations between China and the European Union, as well as the…

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New Business

Poland border closure sets up speed bumps on China-Europe railway: analysts

The sudden closure of Poland’s border with Belarus has already caused logistical disruptions for users of the China-Europe Railway Express,…

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New Business

Tesla sales continue to decline in China, BYD’s European expansion: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to…

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