27 h. ago ‘Blue ocean market’: why Brazil is becoming a magnet for Chinese investment

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in...

Economics

27 h. ago Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in...

Economics

3 d. ago China Eases Rare Earth Export Rules for Magnet Makers After Trump

China Eases Rare Earth Export Rules for Magnet Makers After Trump-Xi Summit  Investing News Network

Politics

4 d. ago China’s EV makers post stellar sales before incentives are phased out next year

At least three Chinese electric vehicle (EV) assemblers rewrote their monthly sales records in November, as consumers rushed to dealers before tax breaks and cash subsidies are phased out from January 1. Analysts and dealers, however, expect a sharp fall in deliveries at the beginning of the new year as buying interest dries up. Stellantis-backed Leapmotor, one of the fastest-selling EV makers this year, delivered 70,327 vehicles in November, hitting an all-time high for the seventh consecutive...

Politics

7 d. ago Tesla China launches major Model Y/3 sales incentives for year

Tesla China launches major Model Y/3 sales incentives for year-end sales push  GlobalChinaEV

Politics

7 d. ago Profit Growth Slows At China Billionaire’s Down Jacket Maker Bosideng

Profit Growth Slows At China Billionaire’s Down Jacket Maker Bosideng  Forbes

Economics

8 d. ago Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Up to five Chinese vehicle assemblers, leveraging their technology and production advantages in building electric cars, are likely to make the list of the world’s top 10 carmakers by 2030, disrupting the pecking order in the global automotive industry, according to global consultancy McKinsey. “The industry will undergo some major changes by 2030,” Guan Mingyu, a senior partner of McKinsey, told reporters in a media briefing on Thursday. “Indeed, we have already seen some signs that tremendous...

Events

8 d. ago Chinese EV makers step on gas abroad amid weakening mainland sales

Chinese electric vehicle (EV) builders are increasingly shipping their cars abroad to spur international sales ahead of an expected downturn in their home market, analysts say, as Beijing phases out incentives such as tax holidays and cash subsidies. The carmakers, which can enjoy a net margin of 20,000 yuan (US$706) per vehicle by selling their cars outside mainland China, are rolling out more models and pushing into untapped territories to chase high profitability. Stellantis-backed Leapmotor,...

Politics

8 d. ago China, EU shift Nexperia strategy: let the companies work it out

Both China and the European Union have signalled that a dispute over semiconductor maker Nexperia should be resolved at the corporate level, according to China’s Ministry of Commerce, as affected countries continue to seek a solution to supply-chain disruptions. The push for a corporate resolution came after two separate video conferences that Chinese Commerce Minister Wang Wentao had on Wednesday – with German Economy Minister Katherina Reiche and European Commissioner for Trade Maros...

Politics

9 d. ago China battery maker CATL to train Spanish workers for battery plant

China battery maker CATL to train Spanish workers for battery plant  Reuters

Economics

9 d. ago China battery maker CATL breaks ground on Spanish plant, bringing its own workers

China battery maker CATL breaks ground on Spanish plant, bringing its own workers  Reuters

Economics

1 week ago After peaking, decline of China’s European wine imports worries makers

As China’s traditional spirits and premium wines grapple with declining consumption, a significant shift is under way across the beverage landscape. This three-part series examines the challenges faced by Maotai town as its once-coveted baijiu liquor loses its lustre, the impact of economic shutdowns on European wine imports, and the rise of craft beer as a budget-friendly alternative for consumers seeking quality without breaking the bank. Marshall Su, a 30-year-old headhunter based in...

Politics

1 week ago Maker of China’s C919 receives capital injection amid supply chain challenges

China’s leading aircraft manufacturer, determined to carve out a share of the lucrative but technologically complex civil aviation market, has obtained a timely round of financial support from its state backers, greatly expanding its registered capital as the firm aims to overcome a production bottleneck and remount its challenge to the Boeing and Airbus duopoly. As competition from the two Western giants for contracts heats up amid a supply chain crunch that has slowed turnaround rates for the...

Politics

1 week ago China’s UBTech Robotics eyes US$400 million in Hong Kong share placement

UBTech Robotics, one of China’s top makers of humanoid robots, plans to raise HK$3.11 billion (US$399.6 million) through a share placement in Hong Kong – its sixth and largest such fundraising since last year, riding on growing industrial orders and the sector’s momentum. The Shenzhen-based company aimed to sell 31,468,000 new shares for HK$98.80 each, representing a discount of around 11.4 per cent from the closing price on Monday, according to a filing to the Hong Kong stock exchange on...

Economics

1 week ago China strengthens global drone dominance with record orders at Dubai Airshow

A Chinese drone maker has secured 1,600 orders for industrial models at the recently concluded Dubai Airshow – marking the largest ever single-order deal for the country’s manufacturers at the biennial event, as its companies target emerging markets. The deal, secured by Shenzhen-based United Aircraft, covered industrial drones used for low-altitude logistics, medical deliveries and agricultural applications in the United Arab Emirates and other markets, local outlet SZnews.com reported. The...

Events

2 w. ago [News] China Photoresist Maker Hengkun Goes Public on STAR Market with YMTC

[News] China Photoresist Maker Hengkun Goes Public on STAR Market with YMTC-Tied Fund  TrendForce

Politics

3 w. ago David Tepper is still betting big on China — and now this American appliance maker

David Tepper is still betting big on China — and now this American appliance maker  MarketWatch

Politics

3 w. ago David Tepper is still betting big on China — and now this battered American appliance maker

David Tepper is still betting big on China — and now this battered American appliance maker  MarketWatch

Science

3 w. ago GM wants parts makers to pull supply chains from China: Reuters

GM wants parts makers to pull supply chains from China: Reuters  CNBC

Politics

3 w. ago General Motors (GM) Pushes Parts Makers to Ditch China Supply Chains

General Motors (GM) Pushes Parts Makers to Ditch China Supply Chains  TipRanks

Politics