6 h. ago BYD and other mainland carmakers pledge to speed up payments to suppliers

BYD and other mainland carmakers pledge to speed up payments to suppliers  South China Morning Post

Politics

23 h. ago China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough

China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough  Fortune

Politics

3 d. ago From seizure to sale: Beijing taps Hong Kong to liquidate crypto

From seizure to sale: Beijing taps Hong Kong to liquidate crypto  Crypto News

Politics

7 d. ago Xiaomi’s EV unit to become profitable this year, CEO Lei Jun says

Chinese smartphone maker Xiaomi will start making money from its electric-vehicle (EV) venture by the end of this year, according to its founder and CEO Lei Jun, less than two years after rolling its first units off the assembly line, as demand surpassed expectations. Losses have narrowed, and the unit could become profitable by the third or fourth quarter, local media The Paper reported on Tuesday, quoting Lei during a presentation in Beijing. Xiaomi was confident about its sales following the...

Economics

8 d. ago ‘Full of gunpowder’: price wars of China’s carmakers deepen, draw Beijing’s ire

Beijing has amplified its warnings over cutthroat price wars among carmakers as deflationary pressure persists in the world’s second-largest economy, and economists say a reflation is likely to remain elusive. The Ministry of Industry and Information Technology (MIIT), party mouthpieces and a carmaker association aired concerns at the weekend over recent discounts offered by manufacturers, while collectively deeming price wars a threat to product quality and the long-term development of the...

Events

2 w. ago Hong Kong stocks extend drop as BYD, Meituan pace losses amid competition

Hong Kong stocks erased gains amid concerns that escalating competition among China’s leading carmakers and e-commerce operators will hurt margins and prompt investors to retreat. The Hang Seng Index fell 0.2 per cent to 23,241.23 at the local noon trading break on Tuesday, reversing an earlier gain of as much as 0.4 per cent. The Hang Seng Tech Index lost 0.6 per cent. On the mainland, the CSI 300 Index slipped 0.3 per cent while the Shanghai Composite Index declined 0.7 per cent. BYD tumbled...

Politics

2 w. ago Malaysia Launches Major Beijing Sales Mission to Accelerate Tourism Growth and Promote Visit Malaysia 2026 with Focus on Chinese Market

Malaysia Launches Major Beijing Sales Mission to Accelerate Tourism Growth and Promote Visit Malaysia 2026 with Focus on Chinese Market  Travel And Tour World

Economics

3 w. ago China’s EV price war worsens, threatening carmakers’ plans to stem losses

China’s EV price war worsens, threatening carmakers’ plans to stem losses  South China Morning Post

Events

3 w. ago China’s CATL powers up for overseas push with US$4.6 billion Hong Kong IPO

City’s largest share sale in four years shows Beijing’s determination to push China’s EV technologies worldwide, analysts say.

Economics

3 w. ago Chinese carmakers race to build early advantage in flying car ventures after EV rivalry

The government forecasts the low-altitude mobility economy will increase more than fivefold to US$486 billion by 2035 from last year.

Transport