Hong Kong's Real Estate Titan Stumbles
Hong Kong’s prominent property developer, New World Development, is bracing for its first annual loss in 20 years. The company, owned by the billionaire Cheng family, ex...
Prime Minister Anwar’s Bold Move
In a recent revelation, Malaysia’s Prime Minister, Anwar Ibrahim, announced the country’s intent to join the BRICS, an influential group of emerging economies. This announcement ...
Global Stock Boom
Global stock markets are experiencing a significant surge, with many indexes nearing and surpassing record highs. This trend has prompted analysts to reconsider the traditional investment strategy of "...
Tesla Shuffles Top Brass
Tesla Inc. is strategically relocating executive Tom Zhu back to China, aiming to strengthen its position in the world’s largest auto market, reports the Wall Street Journal. Zhu, who has been pivotal in Tesla's Asia P...
China's Balancing Act
In 1989, following the Tiananmen Square incident, Deng Xiaoping's advice to the Communist Party was strategic and simple: "Hide your strength and bide your time." This counsel shaped China's foreign policy for years, emphasizin...
Reviving US-China Business Ties
US Commerce Secretary Gina Raimondo's success in reopening business talks with Beijing eases tensions. Yet, American firms hesitate to recommit to the volatile Chinese market. Raimondo aims to restore commun...
Step Back to the East
James Harden has captured the spotlight in China this week, making waves after branding 76ers' basketball operations president, Daryl Morey, a "liar" at a recent Adidas-sponsored event. Despite this controve...
Apple's manufacturing in China
Apple has accelerated plans in recent weeks to move some of its manufacturing out of China. This was reported by The Wall Street Journal.
The Wall Street Journal said ...
Unilateral sanctions
China stands firmly against unlawful unilateral sanctions by the US. This is how Chinese Foreign Ministry spokesman Zhao Lijian commented at a briefing on Thursday on the US Treasury's blacklis...
Boeing 737 Max in China
Boeing (BA) shares could soon rise market analysts say, pointing to the fact that the Civil Aviation Administration of China has issued an airworthiness directive for Boeing 737 MAX aircraft...
TikTok active users
TikTok has officially surpassed 10 billion monthly active users worldwide.
The popularity of this short video app, owned by ByteDance, a Chinese business technology, has exploded since its launch in...
Xpeng report
Chinese electric vehicle maker XPeng (XPEV) has released a report with new record shipments and revenues, and has also given a 26% growth forecast for shipments in the current quarter. XPeng is ramping up production and starti...
Xpeng plants
Shares in Xpeng (XPEV) rose following news of the company's plans to double its production capacity from 100,000 to 200,000 electric cars a year to increase competition with Li Auto, Nio and Tesla in C...
Tesla sales in China
Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
Sports stocks
Amid harsh criticism of the video game industry in China's state-run media the previous day, a "tidal wave" touched stocks of Chinese manufacturers of sportswear, trainers and other spo...
State of Emergency Regarding Hong Kong
US President Joe Biden decided on Wednesday to extend until 14 July 2022 the so-called state of emergency for Hong Kong. The White House press office circulated the relevant document.
"The situation in Hong Ko...
Taxi service Didi
Chinese giant Didi Global Inc said Beijing's order to remove the taxi-calling service from app shops in China could hit revenues. At the same time, other Chinese companies that recently went public in the US have also been the targ...
Chinese stock market
Chinese shares ended Wednesday's trading lower, led by the materials and health care sectors, as investors were concerned about overvalued securities and the upcoming US Federal Reserve meeting results.
The Shanghai Composite i...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
Contrary to negative forecasts
Tesla sold 29.5% more electric cars made in China in May than in April, with sales to Chinese customers jumping 88%, according to the China Passenger Car Association.
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