Stellantis, the multinational automotive company that owns brands such as Chrysler and Maserati, has announced a significant investment in the Chinese electric vehicle (EV) startup [more…]
In a significant move for the autonomous driving industry, Chinese startup Pony.ai has inked a deal with Saudi Arabia’s futuristic city and development project, NEOM, [more…]
JD.com, one of China’s e-commerce giants, has fired the first salvo in this year’s Singles’ Day campaign, the world’s largest shopping festival. The initiative comes [more…]
As China’s local governments grapple with budget shortfalls and the need to shore up their finances, foreign and local companies operating within the country have [more…]
Procter & Gamble (P&G) reported a 2.48% increase in its global performance, indicating a recovering consumer sentiment worldwide, except for one notable exception: China, the [more…]
In 2017, President Xi Jinping launched the ambitious Belt and Road Initiative (BRI), dubbing it the “project of the century.” However, as Xi convenes the [more…]
Shenzhen’s Longsys Electronics, a major client of US memory chip maker Micron Technology in China, has successfully acquired a mainland plant from Taiwan’s Powertech Technology [more…]
Country Garden, one of China’s largest property developers, has issued a second warning in just over two months about the possibility of defaulting on its [more…]
HSBC is poised to take over Citigroup’s China-based consumer wealth management business, overseeing assets exceeding $3 billion, according to two informed sources. This significant development [more…]
The United States’ restrictions on China’s technology giant, Huawei, have been a focal point of international scrutiny and geopolitical tension. These restrictions, which include sanctions [more…]
