BYD Sales Slide in December as China’s EV Price War Bites
BYD sharply declined in December from a year before, as it closed the curtains on a volatile year for China's electric vehicles amid an aggressive price war and weak domestic…
German exporters brace for weak US and China demand through 2026
Berlin: German exporters should prepare for continued weakness in 2026 in their two largest markets, the United States and China, with little prospect of recovery, the BGA trade association said…
China’s LandSpace targets $1.07bn IPO to scale reusable rocket tech
Beijing: China's rocket startup LandSpace plans to raise 7.5 billion yuan ($1.07 billion) in a potential initial public offering to boost its production and technology for reusable rockets, according to…
US grants annual licence to TSMC for chip equipment imports to China plant
The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday. The…
China urges Netherlands to correct Nexperia “mistakes”
China urged the Netherlands on Wednesday to correct what it said were "mistakes" in relation to chipmaker Nexperia and remove obstacles to ensuring the stability of the global chip production…
Novo Nordisk, Eli Lilly Cut Prices of Obesity Drugs in China
Novo Nordisk and Eli Lilly are lowering prices of their top-selling obesity drugs Wegovy and Mounjaro in China, according to the Danish drugmaker and Chinese drug suppliers. Novo did not…
China’s Spring, Juneyao to Buy 55 Airbus A320 Jets
China's Spring Airlines and Juneyao Airlines on Monday announced plans to buy 30 and 25 Airbus A320-family jets respectively, according to stock exchange filings. Budget carrier Spring Airlines has agreed to…
China proposes tighter rules on emotionally interactive AI services
China's cyber regulator on Saturday issued draft rules for public comment that would tighten oversight of artificial intelligence services designed to simulate human personalities and engage users in emotional interaction. The…
China flexes muscle on BHP, ramps up hardball tactics to squeeze iron ore giants
China's state iron ore buyer is using increasingly hardball tactics against mining giants such as BHP to tighten its grip on the $132 billion seaborne market and extract better terms…
China to cut tariffs on select imports, from next year
China announced on Monday tariff adjustments for some products beginning next year, including lowering the import duties on resource-based commodities such as recycled black powder for lithium-ion batteries. The country…