Category: China
EV makers BYD, Li Auto set monthly sales records as price war in China’s car industry shows sings of abating
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Two of China’s top electric vehicle set new monthly sales records in May, spurred by a recovery in consumer demand after a bruising, months-long price war in the ultra-competitive sector. https://www.scmp.com/business/china-business/article/3222647/ev-makers-byd-li-auto-set-monthly-sales-records-price-war-chinas-car-industry-shows-sings-abating?utm_source=rss_feed
Read MoreChina seeks stronger economic ties with Saudi Arabia beyond crude oil as Middle East seeks ‘ideal partner’
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China has stepped up diplomatic and economic efforts in the Middle East beyond traditional oil and gas cooperation, particularly with Saudi Arabia, with the region needing to ‘look East’ to fulfil its development wishes,…
Read MoreChina pledges support for Sri Lanka through ‘difficult times’, renews promise to develop ports through belt and road
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chinese vice-minister and Sri Lankan foreign secretary reaffirm commitment to Beijing’s multibillion-dollar infrastructure plan as South Asian country battles economic crisis. https://www.scmp.com/news/china/diplomacy/article/3222628/china-pledges-support-sri-lanka-through-difficult-times-renews-promise-develop-ports-through-belt?utm_source=rss_feed
Read MoreChina, Singapore agree to work on secure phone link for ‘high-level’ military communications
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Two nations sign memorandum of understanding during meeting between defence chiefs. https://www.scmp.com/news/china/military/article/3222630/china-singapore-agree-work-secure-phone-link-high-level-military-communications?utm_source=rss_feed
Read MoreChinese authorities sack, detain 3 police officers after reporter beating
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Reporter was attacked by plain-clothes officers in Guizhou as he was investigating two local deaths. https://www.scmp.com/news/china/politics/article/3222601/chinese-authorities-sack-detain-3-police-officers-after-reporter-beating?utm_source=rss_feed
Read MoreElon Musk in China: Tesla CEO leaves for Texas after meeting Shanghai Communist Party boss as visit yields nothing concrete
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Elon Musk met Shanghai Communist Party boss Chen Jining on Thursday morning, following which he left by his private jet for Austin, Texas. The previous evening he visited the Tesla factory, where he lauded…
Read MoreDespite ‘no limits’ ties, China has moved carefully on Russian energy since Ukraine invasion
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Slim boost to Russian energy ties reveals ‘balancing act’ by China on the West, Swedish Institute of International Affairs analysis shared with the Post says. https://www.scmp.com/news/china/diplomacy/article/3222493/despite-no-limits-ties-china-has-moved-carefully-russian-energy-ukraine-invasion?utm_source=rss_feed
Read MoreWang Yi boosts China, Germany friendship paving way for Chinese premier Li Qiang’s Berlin visit
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s top diplomat tells German official the two countries should work together and send ‘a positive signal to Europe and the world’. https://www.scmp.com/news/china/diplomacy/article/3222564/wang-yi-boosts-china-germany-friendship-paving-way-chinese-premier-li-qiangs-berlin-visit?utm_source=rss_feed
Read MoreChinese EV maker Hozon weighs June filing for US$1 billion Hong Kong IPO, sources say
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Hozon New Energy, which manufactures affordable electric vehicles, has plans for a US$1 billion IPO in Hong Kong at a time when the sector is witnessing a brutal price war and intense competition which…
Read MoreChina population: demographer says lack of firstborn children, not second or third, is most pressing issue
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Government adviser criticises local-level authorities across China for rewarding couples that have multiple kids while withholding such benefits for those who have just one, amid growing fears over the shrinking population. https://www.scmp.com/economy/china-economy/article/3222473/china-population-demographer-says-lack-firstborn-children-not-second-or-third-most-pressing-issue?utm_source=rss_feed
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