The US carmaker has passed a test of its compliance with Beijing’s data security rules thanks to a watershed decision it says could pave the way for the removal of some restrictions on the use of its cars in mainland China.
Austrian crystal maker Swarovski has launched a lab-grown diamonds collection in China, in a sign that it has confidence in its second-largest market by sales despite some economic turbulence.
The Mandatory Provident Fund, Hong Kong’s pension-fund operator, will launch its electronic platform in June, in the biggest overhaul of the city’s compulsory pension programme since it started in 2000.
The measures effective from Monday range from the removal of restrictions on homebuyers to support for the funding needs of developers.
Billionaire Elon Musk flew into Beijing on Sunday, meeting Premier Li Qiang and hoping to bring Tesla’s autonomous driving technology to China amid intensified competition with local electric vehicle makers.
China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.
China’s art market remains far larger and more extensive than India’s, but the Indian results highlight the country’s growing wealth and confidence.
All 260 flats on offer at Onmantin were already on Saturday after the project received 7,500 orders from prospective buyers.
This was the smallest batch of video games approved so far this year by regulator the National Press and Publication Administration.
Chinese local government entities have carried the mantle of cornerstone investors in first-time stock offerings in Hong Kong in the past two years as foreign investors shun deals. Their outsize role could work against the city’s capital market, market experts say.
The city’s focus on China-made graphics processing units shows how mainland authorities are scrambling to build up computing resources, despite US export restrictions on advanced chips.
AeroHT, an affiliate of Chinese electric vehicle maker Xpeng, has started the countdown for the commercialisation of its flying car and plans to start taking pre-orders in the fourth quarter of this year.
The privately held social media giant has rejected a report that said it was ‘exploring scenarios’ to sell a majority stake in TikTok’s US operations.
Guolian Securities plans to buy a 95.48 per cent stake in unlisted Minsheng Securities, in an acquisition that is expected to make it a top-20 brokerage.
Meituan’s foray into Riyadh marks the Beijing-based company’s first overseas expansion amid slowing growth in its home market.
Purpose is to enlist China’s help in ending the companies’ activities that allegedly violate sanctions on supplying products with military applications to Moscow.
International marques are mounting a spirited fightback, focusing on reliability and safety, and providing a mixed bag of petrol and electric cars for a new generations of local customers.
Hong Kong stocks rose and completed its best weekly performance since October 2011 as positive earnings from top-tier Chinese companies and supportive policy measures boosted investor confidence
Henan, home to the world’s largest iPhone factory, saw smartphone exports reach 6.65 million units in the first quarter, down 60.1 per cent from the same period last year.
ByteDance-owned TikTok is set to pursue legal action challenging the constitutionality of the measure, which US President Joe Biden has signed into law.
Nissan Motor unveiled four new electric vehicle models at the Beijing Auto Show and vowed to build more EV products ‘in China, for China’ in an attempt to recover lost sales.