China Business News
China’s top EV battery maker CATL’s big discounts to Nio, Li …
CATL, which is facing intensifying competition from smaller rivals, has agreed to offer top clients like Nio, Li Auto, Huawei and Zeekr batteries at sharply lower prices for the...
China Business News
China Spent Billions Building Makeshift Hospitals Nationwide, Most Abandoned or Unfinished
Since the outbreak of COVID-19 three years ago, Beijing has ordered the construction of countless makeshift hospitals nationwide, some costing as much as 10,000 yuan (about $1,500) per square...
China Business News
Indonesia wants more than a nickel for natural resources
Author: James Guild, RSIS Indonesian Minister of Investment Bahlil Lahadalia suggested that Indonesia is looking into forming an OPEC-style cartel for nickel and other inputs used in battery production....
China Business News
Weak domestic demand now threatens China’s growth potential
Author: Yang Yao, PKU Forecasts for China’s economic growth in 2023 diverge widely. While international organisations and China watchers abroad predict growth of 4 per cent as reasonable, most...
China Business News
Strained ties with Russia boost prospects for Central Asian integration
Author: Gennady Rudkevich, Alexandria Russia’s invasion of Ukraine, and China’s modest response to it, has placed the governments of Central Asia in an unenviable position — aware that Russia...
China Business News
Chinese New Year 2023, travel bookings in Yunnan soared 238%, Thailand ranked first in Yunnan’s overseas travel
On the occasion that China has relaxed measures to control and prevent COVID-19 with the upcoming Chinese New Year in late January 2023, Ctrip.com, one of China’s major online...
China Business News
China digital currency: e-CNY included in official cash figur…
Outstanding levels of Digital Currency Electronic Payment, also known as e-CNY, stood at 13.61 billion yuan (US$2 billion) at the end of December, according to the People’s Bank of...
China Business News
Great power competition has shifted in the United States’ favour
Author: Ryan Hass, Brookings Institution At the start of 2022, China’s economy appeared strong, Beijing seemed to have contained the spread of COVID-19, Sino–Russian relations were deepening and there...
China Business News
Tesla Shares Extend Losses on Demand Worries in China
Tesla Inc. shares fell 11.4 percent on Tuesday after a Reuters report that Tesla was planning to run a reduced production schedule in January at its Shanghai plant sparked...
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