10 h. ago Tesla takes a big step in China with new charging deployment

Tesla takes a big step in China with new charging deployment  Teslarati

Politics

3 d. ago Chinese smartphone maker Honor moves closer to onshore share listing

China’s fourth-largest smartphone maker Honor took an important step towards a domestic stock market debut on Thursday by filing documents with securities regulators. The company completed initial public offering (IPO) counselling recordation, the formal filing of pre-IPO guidance with the China Securities Regulatory Commission (CSRC). The step is required for companies seeking to list mainland shares, known as A shares. The Shenzhen-based company, a spin-off from smartphone and...

Politics

4 d. ago Xiaomi takes aim at Tesla with 4% cheaper YU7 SUV, a Model Y competitor

Xiaomi, the Chinese smartphone maker and electric-car start-up, priced its YU7 sport-utility vehicle (SUV) at a 4 per cent discount to Tesla’s bestselling Model Y, a move that is expected to draw a wave of orders in a cutthroat market where even the strongest players struggle to break even. The YU7, Xiaomi’s second production model, starts at 253,500 yuan (US$35,322), compared with 263,500 yuan for the Model Y’s basic edition, the Beijing-based company announced at a launch event on Thursday...

Politics

1 week ago Alibaba Cloud expands in South Korea with second data centre

Alibaba Cloud, the cloud computing and artificial intelligence (AI) unit of Alibaba Group Holding, is set to launch its second data centre in South Korea to address growing demand driven by the rapid development of generative AI. The company said on Thursday that the new centre would be operational by the end of June, representing a significant step in its international expansion. Alibaba owns the South China Morning Post. “In line with the rapid advancement of AI-based technologies and...

Politics

1 week ago Premier urges China’s Jiangsu to embrace ‘higher development expectations’

As Beijing looks to shore up China’s economic growth amid mounting challenges, Premier Li Qiang has called on Jiangsu province, a key manufacturing hub on the country’s east coast, to step up its efforts in technology, trade and consumption. During a three-day visit to the province from Monday, Li emphasised the importance of embracing innovative development, stimulating effective demand, fostering entrepreneurship, and deepening reform and opening up to support China’s sustained economic...

Politics

2 w. ago Xpeng and Chinese EV peers aim to win over Hongkongers amid global push

Chinese electric vehicle (EV) maker Xpeng aims to start offering Hong Kong consumers smart cars featuring semi-autonomous driving systems next year as it gears up to take on Tesla’s FSD (Full Self-Driving) feature outside mainland China. He Xiaopeng, co-founder and CEO of the Guangzhou-based carmaker, said in Hong Kong on Thursday that testing of its Xpeng Navigation Guided Pilot (X NGP) driver-assistance system in the city would take only two months before sales could begin. However, he added...

Politics

2 w. ago Huawei launches Pura 80 smartphone series in next step of China comeback

Huawei launches Pura 80 smartphone series in next step of China comeback  Reuters

Politics

3 w. ago Step aside Shanghai, Hong Kong is China’s prize financial hub

When Yan Jun was looking around last year for a stock market to raise capital for his Beijing-based traffic-control software company, the engineer and chairman thought he was spoiled for choice. He could sell shares of his 10-year-old company AICT on one of the three mainland exchanges – Beijing, Shanghai and Shenzhen – that together make up the world’s second-biggest capital market, with a combined value of US$10 trillion, according to Bloomberg data. Or he could raise capital offshore by...

Politics

3 w. ago New virus found in China ‘only small step’ from infecting humans, risking another pandemic, scientists warn

New virus found in China ‘only small step’ from infecting humans, risking another pandemic, scientists warn  The Independent

Events

3 w. ago China demonstrates coast guard capability to Pacific nations, step towards high seas patrols

China demonstrates coast guard capability to Pacific nations, step towards high seas patrols  Reuters

Events

3 w. ago Mercedes, BMW Step Up Response to China Export Curbs to Avoid Shortages

Mercedes, BMW Step Up Response to China Export Curbs to Avoid Shortages  Bloomberg.com

Politics

3 w. ago After Trump cut funding for energy transitions overseas, could China step in?

After Trump cut funding for energy transitions overseas, could China step in?  Dialogue Earth

Politics

4 w. ago BYD commits to deploying 15,000 megawatt chargers across China (!)

BYD commits to deploying 15,000 megawatt chargers across China (!)  Electrek

Politics