Category: China
EV start-ups Nio, Xpeng pin hopes on new, affordable models to boost sales as China’s budget-conscious consumers shift away from premium cars
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The two electric-car makers are pinning their hopes on new, less expensive models as consumers tighten their belts amid economic uncertainty and move away from the premium end of the market. https://www.scmp.com/business/china-business/article/3223967/ev-start-ups-nio-xpeng-pin-hopes-new-affordable-models-boost-sales-chinas-budget-conscious-consumers?utm_source=rss_feed
Read MoreChina’s photovoltaic association says industry executive was detained briefly in Germany to assist with investigation
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. An executive was ‘taken away’ by German authorities after arriving in Munich, according to China’s photovoltaic industry association. https://www.scmp.com/tech/policy/article/3223965/chinas-photovoltaic-association-says-industry-executive-was-detained-briefly-germany-assist?utm_source=rss_feed
Read MoreTurkey opens new consulate in southwest Chinese city of Chengdu
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. It is the Middle Eastern nation’s third diplomatic mission in mainland China. https://www.scmp.com/news/china/diplomacy/article/3223956/turkey-opens-new-consulate-southwest-chinese-city-chengdu?utm_source=rss_feed
Read MoreTop provincial officials survey state-owned enterprise HQs to help President Xi Jinping move key offices out of Beijing
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Xiongan New Area plan viewed with suspicion because it is not near any regional commercial hub and workers do not want to move from China’s capital, says analyst. https://www.scmp.com/news/china/politics/article/3223921/top-provincial-officials-survey-state-owned-enterprise-hqs-help-president-xi-jinping-move-key?utm_source=rss_feed
Read MoreScientists hold US nuclear tests responsible for South China Sea radioactivity
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Researchers say radioactive pollutants from Marshall Islands testing in the Cold War are still arriving on Pacific Ocean currents. https://www.scmp.com/news/china/science/article/3223896/scientists-hold-us-nuclear-tests-responsible-south-china-sea-radioactivity?utm_source=rss_feed
Read MoreHuawei wins lion’s share of China Mobile’s 5G base station contracts, in much needed boost to revenue
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chinese telecoms giant Huawei will supply over half of the base stations for China Mobile’s 5G network between 2023 and 2024, in a deal that will bring in more than US$570 million of much…
Read MoreChinese electric cars to capture 15 per cent of European market by 2025 in leap forward for exports: KPMG economist
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chinese car brands accounted for less than 10 per cent of the 1.28 million battery-powered EVs sold in Europe last year, but have advantages in price and selection that will drive greater sales, economist…
Read MoreChina cuts key policy rate as central bank signals easing to support economy
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The People’s Bank of China cut the seven-day reverse repo on Tuesday amid calls for more policy easing following weak trade and inflation data. https://www.scmp.com/economy/economic-indicators/article/3223864/china-cuts-key-policy-rate-central-bank-signals-easing-support-economy?utm_source=rss_feed
Read MoreChina sends new patrol ship Haixun 03 on South China Sea mission
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The vessel arrived at Woody Island on Sunday and will carry out various inspection tasks in the waters. https://www.scmp.com/news/china/diplomacy/article/3223847/china-sends-new-patrol-ship-haixun-03-south-china-sea-mission?utm_source=rss_feed
Read MoreChina’s wedding woes see annual unions nearly halved in past decade
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Demographic crisis continues to worsen – deaths outnumber births, people want fewer kids, and those who do decide to start a family are waiting longer, bucking traditional Chinese cultural norms. https://www.scmp.com/economy/china-economy/article/3223818/chinas-wedding-woes-see-annual-unions-nearly-halved-past-decade?utm_source=rss_feed
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