45 h. ago Putin says planned gas pipeline to China will be mutually beneficial, use market price formula

Putin says planned gas pipeline to China will be mutually beneficial, use market price formula  Reuters

Politics

4 d. ago Will Tesla's Latest Price Cut Help It Regain Momentum in China?

Will Tesla's Latest Price Cut Help It Regain Momentum in China?  Yahoo Finance

Economics

4 d. ago Russia signs up to vast new China pipeline but price unclear

Russia signs up to vast new China pipeline but price unclear  Reuters

Politics

4 d. ago Russia to boost gas supplies to China, signs up new pipeline but price unclear

Russia to boost gas supplies to China, signs up new pipeline but price unclear  Reuters

Politics

5 d. ago In history’s latest surprising twist, just who really are the late Soviets now?

Long after the Tiananmen Square incident in 1989, Westerners and, secretly, even some within China, were thinking that if the communist country was going to follow the decline and fall of the Soviet Union, the crackdown would have been the trigger. But history is full of surprises. Nowadays, some prominent intellectuals in the Anglo-American world are fretting over whether their own countries are looking a lot like the late Soviets. The historical parallels they have drawn are plausible. Even...

Politics

5 d. ago Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump

Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump  Electrek

Economics

5 d. ago BYD Stock Plummets. How China’s EV Price War Tanked Tesla Rival’s Earnings.

BYD Stock Plummets. How China’s EV Price War Tanked Tesla Rival’s Earnings.  Barron's

Events

5 d. ago Tesla China cuts price of new Model 3 as moment of truth nears

Tesla cut the price of its new, longer-range Model 3 variant by nearly 4 per cent just before deliveries were set to begin, a move set to heighten competition in mainland China’s premium electric vehicle (EV) segment. The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km, at 259,500 yuan (US$36,391), 10,000 yuan lower than the price it touted on August 12. Deliveries are expected to begin this month. The company is also offering mainland...

Politics

6 d. ago Major earthquake in eastern Afghanistan leaves at least 500 dead: report

Around 500 people have been killed and 1000 more injured in an earthquake that struck eastern Afghanistan on Monday, the country’s state-run broadcaster Radio Television Afghanistan (RTA) reported. Taliban-led health authorities in Kabul, however, said they were still confirming the official toll figure as they worked to reach remote areas. “So far, no foreign governments have reached out to provide support for rescue or relief work,” a foreign office spokesperson said. The quake was centred...

Events

6 d. ago Major earthquake in eastern Afghanistan kills more than 600 people

About 622 people were killed and more than 1,500 injured in an earthquake that struck eastern Afghanistan, authorities said on Monday, as helicopters ferried the wounded to safety from rubble being combed in the hunt for survivors. The disaster will further stretch the resources of the nation already grappling with humanitarian crises, from a sharp drop in aid to a huge pushback of its citizens from neighbouring countries. The quake of magnitude 6 injured more than 1,500, the Taliban-run Afghan...

Events

6 d. ago Young Chinese are seeking their fortune in Southeast Asia. Will they find it?

Kent Cai, a Chinese entrepreneur based in the eastern province of Zhejiang, made a major life decision earlier this year by moving abroad to pursue a PhD. While this is not uncommon, his destination of choice might appear unusual – he did not, as many of his peers, relocate to the United States or Europe. He went to Malaysia. Upon arriving on campus in Kuala Lumpur to study the application of AI-driven tools in media production, Cai noticed he was not the only one to make such a move. He is, in...

Politics

6 d. ago Why Chinese students are flocking to Southeast Asia for degrees, employment

Kent Cai, a Chinese entrepreneur based in the eastern province of Zhejiang, made a major life decision earlier this year by moving abroad to pursue a PhD. While this is not uncommon, his destination of choice might appear unusual – he did not, as many of his peers, relocate to the United States or Europe. He went to Malaysia. Upon arriving on campus in Kuala Lumpur to study the application of AI-driven tools in media production, Cai noticed he was not the only one to make such a move. He is, in...

Politics

6 d. ago China’s Home Sales Slump Extends as Prices Continue to Decline

China’s Home Sales Slump Extends as Prices Continue to Decline  Bloomberg.com

Economics

8 d. ago BYD profits fall as mainland price war swamps EV export surge

China’s electric-vehicle (EV) king BYD reported a 30 per cent drop in profits in the second quarter as surging overseas sales failed to offset the negative impact of a brutal price war in the domestic market. The Shenzhen-based company earned 6.4 billion yuan (US$894.6 million) in the three months to June, down 29.9 per cent from a year earlier. Revenue grew 14 per cent year on year to 201 billion yuan. The second-quarter numbers are derived by comparing BYD’s interim earnings to its results for...

Economics

9 d. ago Tesla Rival Li Auto Stock Falls After Earnings Amid China’s EV Price War

Tesla Rival Li Auto Stock Falls After Earnings Amid China’s EV Price War  Barron's

Events

9 d. ago China’s Price War Puts Alibaba Under Spotlight Before Earnings

China’s Price War Puts Alibaba Under Spotlight Before Earnings  Bloomberg.com

Events

9 d. ago Li Auto Stock Falls. How China’s EV Price War Dented Earnings.

Li Auto Stock Falls. How China’s EV Price War Dented Earnings.  Barron's

Events

9 d. ago China is capping coal production to support prices, top miner and analysts say

China is capping coal production to support prices, top miner and analysts say  Reuters

Politics

1 week ago China’s industrial profits fall more slowly amid crackdown on price wars

China’s industrial companies saw their profits fall at a slower pace in July, in a potential sign that efforts to curb overcapacity are starting to ease the strain from aggressive competition among producers. Industrial profits declined 1.5 per cent last month from a year earlier, falling the least since they began shrinking in May, according to data released on Wednesday by the National Bureau of Statistics. For the first seven months of the year, earnings contracted 1.7 per cent year on...

Economics

1 week ago China Industrial Profits Ease Drop With Crackdown on Price Wars

China Industrial Profits Ease Drop With Crackdown on Price Wars  Yahoo Finance

Economics