Topic
China is the world’s largest manufacturer in terms of output and gained a reputation as the “world’s factory” shortly after its accession to the World Trade Organisation (WTO) in 2001. Lured by cheap labour, China’s new commitment to opening up its economy, and low tariff access to Western markets, all due to its WTO entry, foreign firms and investors rushed to do business in the world’s most populous country in the new millennium. Aided by state investment, China has since become a world leader in the manufacture of steel, car parts, chemical fertilisers, technology, robotics.
Beijing accuses Brussels of protectionism over its threatened tariffs against imports of competitively priced quality cars, putting relations on an even rockier road.
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March PMI reveals country’s manufacturing activity expanded at the fastest pace in over a year, as more industries show increased confidence.
- Hefei, the capital of the eastern Anhui province, has placed a heavy focus on innovation and emerging industries, including new energy vehicles
- Officials from across China have been eager to learn Hefei’s formula for success, but analysts question whether it can or should be replicated elsewhere
A crew of more than 60 checked a China Eastern Airlines C919 during four days of tests in Shanghai.
The leadership reshuffle at Huawei’s consumer business group comes as the company regains lost ground in China’s smartphone market and doubles down on electric vehicle systems.
With new tariffs being imposed by Mexico on most Chinese imports, observers and analysts disagree on whether stricter measures are being considered – but most say pressure from the US is at play.
Several Chinese online media outlets falsely reported that a Tokyo-based research firm found more than 90 per cent of the handset’s parts to be domestically sourced.
QatarEnergy will pay China State Shipbuilding Corporation billions of US dollars for 18 tankers in a deal hailed as the industry’s biggest shipbuilding contract ever.
China’s official manufacturing purchasing managers’ index (PMI) remained in expansion territory for a second consecutive month in April, although the pace slowed as officials admitted that manufacturers are facing higher costs.
Dispute erupts over Peru port authority ‘error’ that gave Cosco Shipping exclusivity over operations.
Chinese researchers detail how technology has transformed the region’s textile industry and led to record surge in exports.
The Warren Buffett-backed carmaker posted first-quarter net profit of 4.57 billion yuan (US$631 million), 47.3 per cent lower than the quarter ended December 2023.
New deal adds years of additional business for China’s state-owned manufacturer and may boost investments while further fuelling purchases of the narrowbody plane.
King Yuan Electronics Co, one of the world’s largest chip testing and packaging services firms, has divested its entire stake in a subsidiary at manufacturing hub Suzhou in eastern China.
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.
China’s automotive sector braces for an escalating price war, and the intensified scramble for market share could hasten the closure of unprofitable laggards.
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.
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.
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.
But American treasury secretary says the policy option is something Washington ‘would be prepared to use if necessary’.
The carmaker hopes to lure high-end Chinese consumers amid an escalating price war among some of its top rivals.
The Chinese tech giant already counts more than 100 carmakers and various automotive industry players as partners.
Further discounts offered by carmakers in a price war in mainland China’s electric vehicle market could ensnare even the likes of top seller BYD, Goldman Sachs says.
The German carmaker, which saw its market share shrink in China last year, said it plans to launch 30 new electric cars on the mainland by 2030 as it vies to keep up with the rapid pace of electrification in the world’s largest vehicle market.
Former government adviser says Chinese officials must ‘have the foresight to make good predictions’ amid China’s new quality productive forces strategy shift.
Chinese-produced durian is set to be available to the public in July, with production from the tropical island of Hainan likely to reach 200 tonnes this year, although Thailand and Vietnam are set to remain the largest sources.
The country remains the US tech giant’s main manufacturing base, home to over a third of the factories run by its disclosed suppliers.
Tanoto, who runs a US$35 billion paper and edible-oil empire, is raising his bets on China with a new investment, while closing out the privatisation of tissue producer Vinda International at the same time.
