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New Business

BYD founder Wang Chuanfu bets on new tech to win back customers as sales decelerate

BYD, China’s electric vehicle (EV) king, is pinning its hopes on next-generation technology to engineer a turnaround in sales amid…

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New Business

China breaks durian import record as Vietnam, Malaysia nip at Thailand’s heels

With China’s durian imports breaking records in 2024 – reaching nearly US$7 billion in value – competition for its market,…

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New Business

CEO sentiment in China sours amid slowdown risks, survey finds

Confidence among China-based CEOs in the second half of this year deteriorated against the backdrop of “the top three major…

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New Business

Chinese EV maker Nio takes aim at foreign luxury marques BMW, Audi with new sedan

International car brands, already experiencing a sharp sales decline, have one more thing to worry about as Chinese electric vehicle…

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