Wuhan

New Business

China’s C919 jet faces crunch test as its network rapidly expands

China’s first home-grown passenger jet, the C919, is now serving 10 major cities across the country as domestic airlines move…

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New Business

Chinese developers, cities tempt homebuyers with perks like private-jet shares, residency

From private jets to permanent residency in major cities, cash-strapped developers in mainland China are offering increasingly aggressive incentives to…

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Tech

Chinese EV maker Nio to amp up battery-swap network with 900 faster stations this year

“Only one-third of Chinese EV owners have charging piles for household use,” he said. “Charging facilities and technologies still need…

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New Business

As Chinese students forgo US university degrees, the impact on brainpower transcends borders

In 2022, the native of Xian, Shaanxi province, settled on Chalmers University of Technology in Sweden. Wang’s case illustrates how…

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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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New Business

Dongfeng joins stampede of Chinese EV makers abroad with its Voyah Zhiyin all-electric SUV

Dongfeng Motor, one of China’s largest carmakers and the partner of Nissan Motor and Stellantis, has become the latest assembler…

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New Business

Chinese chip maker Black Sesame slumps 26% in IPO as market turmoil worries investors

Black Sesame International, a Chinese chip maker focused on autonomous-driving systems, slumped in its Hong Kong trading debut as market…

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New Business

Top Chinese research firm CEBM halts operations amid ‘nuclear winter’ in securities sector

CEBM Group, a research firm that counts China’s top mutual fund houses as its clients, has suspended operations amid a…

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New Business

China-US flights struggle to fill seats amid high prices, visa issues and cheaper stopovers

The frequency of flights between China and the US in July stood at a mere 23.6 per cent of what…

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Tech

Chinese auto chip designer Black Sesame to raise up to US$143 million in Hong Kong IPO

Based in Wuhan, capital of central Hubei province, Black Sesame plans to float 37 million shares at a price range…

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