Evergrande's EV unit suspends mass production due to lack of orders - sources:
reuters.com/business/autos-transportation/china-evergrande-auto-unit-lay-off-10-workers-source-2022-12-02/
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| Last Updated | Dec 02 22 |
| Total Articles | 4 |
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Apple removes WhatsApp and Threads from China store under pressure from Beijing: Internet regulator orders delisting of two Meta-owned apps over ‘national ...
ft.com/content/17b0059b-14b5-42fa-a84f-7de7a05ac08a
Quick Glance: Apple removes WhatsApp and Threads in China
- Apple removes Meta-owned apps under Chinese government pressure.
- Apps delisted due to 'national security concerns'.
- Chinese users now unable to download Western social media apps.
- Apple faces declining iPhone sales in China despite branding efforts.
Firebrand ex-Arm China CEO founds RISC-V processor startup: Allen Wu, former CEO of Arm China, founds RISC-V technology startup, set to rival Arm.
tomshardware.com/pc-components/cpus/firebrand-ex-arm-china-ceo-founds-risc-v-processor-startup
Better US-China ties but still deep disagreements as Blinken starts visit: U.S. Secretary of State Antony Blinken arrives in Shanghai on Wednesday with U.S ...
reuters.com/world/better-us-china-ties-still-deep-disagreements-blinken-starts-visit-2024-04-24/
Quick Glance: Deep Disagreements Despite Improved US-China Relations
- US Secretary of State Antony Blinken arrives in Shanghai to engage with his Chinese counterparts.
- Although US-China ties are on a steadier footing, numerous unresolved issues persist.
- Topics such as trade, military communication, and tensions in Taiwan strain relations.
- The US threatens sanctions against Chinese firms supporting Russia in the Ukraine conflict.
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'
thedrive.com/news/f1-drivers-surprised-by-china-track-thats-been-repainted-not-resurfaced
Focus: China's BYD seeks to redefine luxury for the EV generation: Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show ...
reuters.com/business/autos-transportation/chinas-byd-seeks-redefine-luxury-ev-generation-2024-04-24/
China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...
reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/
Ford profit tops expectations on strong commercial, hybrid sales: Ford Motor Co posted first-quarter earnings on Wednesday that beat Wall Street's expectations ...
reuters.com/world/us/fords-first-quarter-adjusted-profit-falls-2024-04-24/
China’s search for an answer to ChatGPT is just beginning: At depressed valuations, SenseTime offers a low-risk bet on a potential winner
ft.com/content/16bf83d1-0c51-456f-b283-8c7fe085ec68
Quick Glance: SenseTime Stock Surges 36% Post Latest AI Model Launch
- SenseTime's stock surged 36% after unveiling the latest SenseNova generative AI model.
- The company introduced SenseNova 5.0 at a Tech Day event in Shanghai, showcasing significant enhancements in linguistic and creative capabilities.
- SenseTime is part of the Chinese companies developing alternative AI platforms to compete with US counterparts.
- The launch of SenseNova 5.0 and SenseTime's efforts to boost growth amid intense competition and geopolitical tensions were emphasized.
Rescuers race to reach those trapped by floods in China's Guangdong: Floods swamped cities in southern China's densely populated Pearl River Delta following ...
reuters.com/world/china/rescuers-race-reach-those-trapped-by-floods-chinas-guangdong-2024-04-22/
China's Country Garden extends bonds to avoid first local default, Bloomberg News reports
reuters.com/markets/rates-bonds/chinas-country-garden-extends-bonds-avoid-first-local-default-bloomberg-news-2024-04-24/
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
China AI Gold Rush Sees Retail Traders Hunting for Obscure Winners: Hunt is on for potential homegrown winners – however obscure – as China builds out an ...
bloomberg.com/news/articles/2024-04-19/china-ai-gold-rush-sees-retail-traders-hunting-for-obscure-winners
Chinese flying taxi sector claims global lead thanks to regulatory support: Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast ...
ft.com/content/c181d6ab-e560-427c-9254-9cadb62889b5
China's technological development has run out of steam: Nina Xiang is managing director at TH Capital, an investment advisory and asset management firm ...
asia.nikkei.com/Opinion/China-s-technological-development-has-run-out-of-steam
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Stock Markets Today: Gucci, BOE rate outlook, gold, Tesla: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-gucci-boe-rate-outlook-gold-tesla
Formula 1: Zhou Guanyu bursts into tears after Shanghai race!: What emotional scenes! After the Chinese driver crosses the finish line, tears stream down his ...
rtl.de/cms/formel-1-zhou-guanyu-bricht-nach-shanghai-rennen-in-traenen-aus-5084601.html
Verstappen wins Chinese GP sprint race: Red Bull's triple world champion Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand ...
reuters.com/sports/formula1/verstappen-wins-chinese-gp-sprint-race-2024-04-20/
Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?
- The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.
- The track is unknown and coated with thin asphalt, causing uncertain driving conditions.
- McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.
- Practices revealed unusual names at the top, hinting at an entertaining race ahead.
Verstappen adds China to his list of victories: Triple world champion Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday with ...
reuters.com/sports/formula1/verstappen-adds-china-his-list-victories-2024-04-21/
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.
foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin
Paid articlePaid Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Ricciardo blasts Stroll after Chinese GP collision: Daniel Ricciardo accused Lance Stroll of not looking where he was going after the Aston Martin driver said an ...
reuters.com/sports/formula1/ricciardo-blasts-stroll-after-chinese-gp-collision-2024-04-21/
Hamilton says he had forgotten what it's like to lead: Seven-times Formula One world champion Lewis Hamilton said he had forgotten what it feels like to lead a ...
reuters.com/sports/formula1/hamilton-says-he-had-forgotten-what-its-like-lead-2024-04-20/
Bloomberg: Blinken to warn Beijing over support for Russia in upcoming trip to China
kyivindependent.com/bloomberg-blinken-to-warn-beijing-over-support-for-russia-in-upcoming-trip-to-china/
Aston Martin's Stroll fastest in Chinese Grand Prix practice: Aston Martin's Lance Stroll lapped fastest in Friday's sole free practice session for the Formula ...
reuters.com/sports/formula1/aston-martins-stroll-fastest-chinese-grand-prix-practice-2024-04-19/
China’s big cities are sinking: Groundwater extraction and heavy skyscrapers are key factors in an accelerating trend
english.elpais.com/science-tech/2024-04-19/chinas-big-cities-are-sinking.html
New LME Russia Metals Sanctions to Drive Sales to China: US and UK sanctions on Russian metals will cement China as Moscow’s buyer of last resort for key ...
bloomberg.com/news/articles/2024-04-15/new-sanctions-on-russia-to-drive-even-more-metals-sales-to-china
Paid articlePaid Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
Germany’s Leader, Olaf Scholz, Walks a Fine Line in China: Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from ...
nytimes.com/2024/04/16/world/asia/olaf-scholz-germany-china.html
Quick Glance: Scholz Organizes Crisis Diplomacy in China
- Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.
- China trip focusing on economy and geopolitical role, despite dilemma in relations.
- Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.
- Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.
Norris takes China sprint race pole from Hamilton: McLaren's Lando Norris seized pole position for the Chinese Grand Prix sprint race on Friday after a wet and ...
reuters.com/sports/formula1/norris-takes-china-sprint-race-pole-hamilton-2024-04-19/
China state fund pours $41 bln into stock market in Q1, reports show: Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion ...
reuters.com/world/china/china-state-fund-pours-41-bln-into-stock-market-q1-reports-show-2024-04-22/
Disneyland is spending almost $2 billion on a huge expansion: The $1.9 billion expansion plan will take decades to finish
qz.com/disneyland-expansion-approved-anaheim-avatar-1851418843
‘Six spellbinding and thought-provoking novels’: why we chose the Women’s prize for fiction shortlist
theguardian.com/books/2024/apr/24/womens-prize-for-fiction-shortlist-why-we-chose-monica-ali
China Vanke says it faces short-term liquidity pressure: State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty ...
reuters.com/business/china-vanke-says-it-faces-short-term-liquidity-pressure-2024-04-15/
China relied on extrajudicial means to force thousands of fugitives to repatriate, human rights activists say - ICIJ
icij.org/investigations/china-cables/china-relied-on-extrajudicial-means-to-force-thousands-of-fugitives-to-repatriate-human-rights-activists-say/
Quick Glance: China's Illegal Tactics for Repatriating Fugitives
- Over the past decade, China has forcibly repatriated more than 12,000 fugitives to combat corruption, according to a human rights group report.
- Under Xi Jinping's government, China heavily relied on extrajudicial methods like kidnappings, harassment, and intimidation to 'persuade' and coerce Chinese nationals in over 120 countries to return.
- 'Fox Hunt' and 'Sky Net' operations aim at repressing Chinese nationals abroad, including activists, journalists, and religious minorities.
- The Chinese government uses persuasion methods to compel suspects to return, bypassing host countries' legal systems, leading to international resistance.
Iran able to 'handle situation' and spare Middle East more tension, China's foreign minister says
reuters.com/world/middle-east/iran-able-handle-situation-spare-middle-east-more-tension-chinas-foreign-2024-04-16/
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...
reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/
China taking preventative measures to head off US secondary-sanction threat: Russia’s economy is feeling squeezed.
eurasianet.org/china-taking-preventative-measures-to-head-off-us-secondary-sanction-threat
Tesla to lay off more than 10 percent of its workers as sales slow: "Cost reductions and increased productivity" needed, says Musk.
arstechnica.com/cars/2024/04/tesla-to-lay-off-more-than-10-percent-of-its-workers-as-sales-slow/
Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...
reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/
Germany's Scholz in China: we want fair auto market but no dumping: German Chancellor Olaf Scholz on Monday pressed his case for an open and fair European market ...
reuters.com/business/germanys-scholz-china-we-want-fair-auto-market-no-dumping-2024-04-15/
Red Bull won't rush to announce 2025 driver lineup, Horner says: Red Bull is not in a rush to announce its driver line-up for 2025, team boss Christian Horner ...
reuters.com/sports/formula1/red-bull-wont-rush-announce-2025-driver-lineup-horner-says-2024-04-19/
Vilnius, Lithuania to Shanghai, China for only €350 roundtrip: Cheap flights from Vilnius, Lithuania to Shanghai, China for only €350 roundtrip with Scandinavian ...
secretflying.com/posts/vilnius-lithuania-to-shanghai-china-for-only-e370-roundtrip/
Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens: The community canteens, offering huge plates for a dollar or two, have become popular ...
nytimes.com/2024/04/23/business/shanghai-tongxinhui-community-canteen.html
Elon Musk's Tesla is having a brutal 2024. Here's how it went wrong: The issues plaguing the electric vehicle maker have sent sales plunging, the stock spiraling ...
qz.com/tesla-elon-musk-stock-layoffs-sales-evs-1851411491
Shanghai creates $18bn state investment giant to back startups
asia.nikkei.com/Spotlight/Caixin/Shanghai-creates-18bn-state-investment-giant-to-back-startups
Paid articlePaid Louis Vuitton holds 'Voyager' fashion show in Shanghai: Louis Vuitton debuted its newly-labelled "Voyager" travelling show in Shanghai on Thursday night ...
reuters.com/lifestyle/louis-vuitton-holds-voyager-fashion-show-shanghai-2024-04-18/
Blinken due in China seeking pressure but also stability: SHANGHAI: United States Secretary of State Antony Blinken was due in China on Wednesday (Apr 24) as the ...
channelnewsasia.com/world/united-states-antony-blinken-china-visit-pressure-stability-tensions-4287891
Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market
scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market
Scholz to Hold Talks Next Week With China’s Xi in Beijing: German Chancellor Olaf Scholz will hold talks with Chinese President Xi Jinping in Beijing on April 16 ...
bloomberg.com/news/articles/2024-04-08/scholz-to-hold-talks-next-week-with-china-s-xi-in-beijing
Paid articlePaid Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says
reuters.com/world/asia-pacific/japan-two-faced-seeking-closer-ties-while-warning-china-threat-chinese-state-2024-04-18/
US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has ...
reuters.com/business/autos-transportation/us-opens-probe-into-over-3300-gm-cadillac-lyriq-vehicles-over-loss-brake-assist-2024-04-15/
U.S. Is Preparing To Sanction Chinese Banks Supporting Russia, Report Says: U.S. officials have expressed concerns that trade between China and Russia has ...
forbes.com/sites/siladityaray/2024/04/23/us-is-preparing-to-sanction-chinese-banks-supporting-russia-report-says/
Japan’s new aircraft carrier Kaga ruffles feathers in China and raises questions about commitment to pacifist constitution
scmp.com/news/china/diplomacy/article/3258951/japans-new-aircraft-carrier-kaga-ruffles-feathers-china-and-raises-questions-about-commitment
Team by team review of the Chinese Grand Prix: Team by team review of Sunday's Chinese Formula One Grand Prix at the Shanghai International Circuit ...
reuters.com/sports/formula1/team-by-team-review-chinese-grand-prix-2024-04-21/
Malaysia’s King is world’s first private owner of China’s most expensive car: The Hongqi L5 is currently available only in China.
straitstimes.com/asia/se-asia/malaysia-s-king-is-world-s-first-private-owner-of-china-s-most-expensive-car
Apple faces worst iPhone slump since Covid-19 as China rivals rise: The iPhone-maker’s steep sales decline comes after its strong performance in the December ...
straitstimes.com/business/apple-s-iphone-shipments-plunge-10-as-android-rivals-rise
Quick Glance: iPhone sales plummet. Here's why
- Apple’s smartphone sales dropped by 10% last quarter, primarily due to a sharp decline in sales in China.
- Samsung had been the top smartphone manufacturer for 12 years, but Apple briefly took the top spot last year.
- The global smartphone market is showing signs of recovery with a 7.8% increase in smartphone shipments in the first quarter of 2024.
- Despite expectations for Apple and Samsung to maintain their market dominance, the rise of Huawei and other Chinese manufacturers like Xiaomi and OPPO/OnePlus may continue.
China's Gen Z turns frugal as economy doubts linger: SHANGHAI/NEW YORK -- At 24 years old, Zhang Ru is not a target customer of the Shanghai community dining ...
asia.nikkei.com/Spotlight/Asia-Insight/China-s-Gen-Z-turns-frugal-as-economy-doubts-linger
Paid articlePaid Chinese Grand Prix practice session briefly halted by track-side fire: The sole practice session for the Chinese Grand Prix in Shanghai was interrupted by a ...
reuters.com/sports/formula1/chinese-grand-prix-practice-session-briefly-halted-by-track-side-fire-2024-04-19/
Copper at Risk of Pullback as Buying in China Stalls After Rally: Copper’s powerful rally close to $10,000 a ton is facing a test as buyers in China ...
bloomberg.com/news/articles/2024-04-23/copper-at-risk-of-pullback-as-buying-in-china-stalls-after-rally
Paid articlePaid China's new fashion trend incorporates traditional elements: SHANGHAI -- "Neo-Chinese style," a mixture of classical attire and everyday clothes ...
asia.nikkei.com/Business/Business-trends/China-s-new-fashion-trend-incorporates-traditional-elements
China's JL-2 missile nuclear second-strike capability : In a show of strength, Beijing has showcased its nuclear second strike capability or the ability to ...
wionews.com/videos/chinas-jl-2-missile-nuclear-second-strike-capability-714463
EU probes on Chinese subsidies and imports: The European Union launched an investigation into China's procurement of medical devices on Wednesday in a latest ...
reuters.com/business/eu-probes-chinese-subsidies-imports-2024-04-19/
Three takeaways about the state of Chinese tech in the US: As Chinese consumer tech giants retreat from the global spotlight, a batch of climate tech companies ...
technologyreview.com/2024/04/24/1091708/takeaways-chinese-tech-us-harvard/
Lufthansa evaluates new China routes amid slow recovery in capacity: Lufthansa Airlines' capacity on routes to and from China has returned to 70% of the levels ...
reuters.com/business/aerospace-defense/lufthansa-evaluates-new-china-routes-amid-slow-recovery-capacity-2024-04-19/
Is China’s Economy Finally Sprouting Green Shoots?: Hello, this is Allen Wan in Shanghai.
bloomberg.com/news/newsletters/2024-04-12/is-china-s-economy-finally-sprouting-green-shoots
Regular flights between Saudi Arabia and China to launch from April 27: Three flights per week from Shanghai to Riyadh directed during the summer season of 2024
gulfnews.com/business/aviation/regular-flights-between-saudi-arabia-and-china-to-launch-from-april-27-1.1713873601738
Apple iPhone sales had their biggest decline since the pandemic: Samsung has now topped Apple as the world's top smartphone seller
qz.com/apple-iphone-smartphone-sales-slump-covid-samsung-1851410066
Huawei building vast chip equipment R&D center in Shanghai: TAIPEI -- Huawei Technologies is building a massive semiconductor equipment research and development ...
asia.nikkei.com/Business/Tech/Semiconductors/Huawei-building-vast-chip-equipment-R-D-center-in-Shanghai
Paid articlePaid Chinese workers need more skills for the country's economic pivot: Wei Li is a senior lecturer in international business at the University of Sydney Business ...
asia.nikkei.com/Opinion/Chinese-workers-need-more-skills-for-the-country-s-economic-pivot
Paid articlePaid China March iron ore imports edge up, steel exports near 8-year high: China's iron ore imports in March rose about 0.5% from a year earlier, customs data showed ...
reuters.com/markets/commodities/china-march-iron-ore-imports-edge-up-steel-exports-near-8-year-high-2024-04-12/
EU probes on Chinese subsidies and imports: The European Union launched an investigation into China's procurement of medical devices on Wednesday in a latest ...
reuters.com/business/eu-probes-chinese-subsidies-imports-2024-04-19/
China successfully tests maglev trains in vacuum tube, eyeing future speeds of 4,000 kph
abc.net.au/news/2024-04-12/china-ultra-high-speed-trains-maglev-how-fast/103644930
China's exports likely swung back to contraction in March: China's exports likely declined in March after they grew at a better-than-expected pace in the first ...
reuters.com/markets/asia/chinas-exports-likely-swung-back-contraction-march-2024-04-11/
China's first F1 driver Zhou Guanyu says 'endurance' key to success: SHANGHAI: The path to becoming China's first Formula 1 driver was a lonely one that required ...
channelnewsasia.com/sport/china-first-f1-driver-zhou-guanyu-shanghai-grand-prix-4269391
Hong Kong martial arts film icon Sammo Hung on his career, stars including Donnie Yen, Bruce Lee and Jackie Chan – and eating
scmp.com/magazines/post-magazine/long-reads/article/3258746/hong-kong-martial-arts-film-icon-sammo-hung-his-career-stars-including-donnie-yen-bruce-lee-and
Huawei just gave Tim Cook a new headache in China: Apple CEO Tim Cook is desperately fighting to keep selling iPhones to Chinese consumers ...
businessinsider.com/apple-iphone-sales-china-new-headache-huawei-pura-70-2024-4
Daniel Ricciardo emphatically silences critics: Daniel Ricciardo has taken the chocolates over his teammate Yuki Tsunoda for the first time in 2024.
news.com.au/sport/motorsport/formula-one/daniel-ricciardo-outqualifies-yuki-tsunoda-for-the-first-time-in-2024/news-story/d70d21322eb2d0f2d7a4de1a2169af7c
China's drugmakers can't sell mRNA shots but haven't quit yet: China's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are ...
reuters.com/business/healthcare-pharmaceuticals/chinas-drugmakers-cant-sell-mrna-shots-havent-quit-yet-2024-04-19/
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