Jiaxing

New Business

Alibaba-Meituan battle heats up as rivalry expands into in-store dining: report

That new initiative is expected to start on Saturday in selected districts in Shenzhen, Shanghai and Jiaxing, a city in…

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New Business

Shanghai firm sues to liquidate Hozon amid EV maker’s financial struggles

The cutthroat competition in mainland China’s electric vehicle (EV) market threatens to sink Hozon New Energy Automobile, as the maker…

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New Business

Wingtech sells 4.6 bln yuan of assembly assets to Luxshare after losses from US sanctions

Wingtech Technology, a Chinese supplier to Apple and other electronics makers, has agreed to spin off a major piece of…

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New Business

US-sanctioned Apple supplier Wingtech shifts focus to chips, citing geopolitics

Wingtech Technology, one of Apple’s suppliers in China, plans to divest its consumer-electronics contract manufacturing business and focus on semiconductors…

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New Business

Chinese Premier Li Qiang makes new overtures to foreign firms, pledging more access and services

China is doubling down on efforts to appeal to foreign investors, with Premier Li Qiang promising offshore players wider access…

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New Business

Warnings of overcapacity in China’s ride-hailing sector spread amid weak demand

In the past month, at least five other cities, including the southern cities of Shenzhen and Suzhou, have issued similar…

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