Ningbo

New Business

Furniture retailer Ikea to close 7 stores in China amid property market slump

Ikea will close seven stores in mainland China, as the multinational furniture retailer grapples with the country’s weak property market…

Read More »
New Business

Chinese cities face subway delays as Beijing targets wasteful spending, high debt levels

China is tapping the brakes on some subway expansions, including in certain affluent cities, a decision analysts said reflects a…

Read More »
New Business

Surviving the shocks: what China and the US learned from 2025’s trade war

It has been a turbulent year for the fraught US-China relationship. In the second story in this new series, we…

Read More »
New Business

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

A nephew of the late Hong Kong shipping tycoon Y.K. Pao has bought a HK$75 million (US$9.6 million) luxury flat…

Read More »
New Business

China cracks down on export of ‘zero-mileage’ cars falsely declared to be used

China has moved to tighten regulations on used car exports, cracking down on new vehicles falsely declared to be second…

Read More »
New Business

China’s Yangtze River Delta reins in ‘profit-driven’ fines in relief for private sector

Entrepreneurs and legal experts have welcomed a move by Shanghai and its neighbouring provinces of Jiangsu, Zhejiang and Anhui to…

Read More »
New Business

China has a new coal-fired power champ despite switch of focus to renewable energy

China’s energy industry has passed a new milestone, with the expansion of the Yangtze River Delta’s Beilun Power Station making…

Read More »
New Business

Ships divert, directors resign as US-China port fees rock shipping industry

Shipping companies are rushing to divert vessels and adjust their corporate structures, as they strive to minimise their exposure to…

Read More »
New Business

Express to Europe: another Chinese shipping company launches Arctic route

Chinese shipping companies are ramping up efforts to explore Arctic routes, aiming to explore alternatives that bypass traditional shipping chokepoints…

Read More »
New Business

AC maker Aux Electric fizzles in Hong Kong as shares cool 7.6% on debut

Aux Electric, a Chinese air-conditioner maker, made a muted debut on the Hong Kong stock exchange on Tuesday, with international…

Read More »
Back to top button