Cover Story: How Do the West’s Concerns About China’s Overcapacity Stack Up?
Visits this month by top U.S. and EU policymakers illustrate the conundrum they face as they seek support from Beijing on issues like market access and climate change, while scolding it on others like subsidies
China Offers Subsidies for New EV and Low-Emission Gasoline Vehicle Trade-Ins
The old-for-new initiative will offer buyers up to 10,000 yuan from April 26 to the end of the year in a bid to spur sales after a slow early start to the year
Nio to Stick to Making Pure-Electric Cars, Despite Hybrid Hype
GAC Does U-Turn to Rekindle Smart Car Partnership With Huawei
Four Delegates Ousted From China’s Top Legislature Amid Corruption Probes
The delegates include Han Shuwang, former chairman at the China Aerospace Investment Holding and Yang Xiaoming, former chief engineer of Sinopharm
China to Evaluate Adjusting Share of State-Owned Capital in Finance Industry, Vice Minister Says
The comments by Liao Min came in response to concerns by the country's top legislature over the disproportionately large share in the banking sector
More Developers Face Debt Threats as Sales Continue Falling, S&P Says
Stress-tested developers could lack sufficient liquidity to meet debt repayments if property slump continues, warns rating agency
Chinese Airlines Cut Labor Day Holiday Fares as Travelers Favor Rail
Following the pandemic more Chinese are opting for shorter-distance trips amid pervasive low consumer confidence, recent data show
Apr 29, 2024 08:53 PM
Four Things to Know About Tesla’s Advanced Self-Driving Tech in China
Elon Musk’s surprise trip to China has led to speculation that the visit will lay the groundwork for the launch of the automaker’s Full Self-Driving system in the country
Apr 29, 2024 08:46 PM
How TikTok Lost the War in Washington
Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app
Apr 29, 2024 08:03 PM
Raise Retirement Age, Give Central Government More Control to Avoid Pension Deficits, Ex-Finance Minister Says
China’s fragmented pension system is struggling to keep up with the pace of a rapidly graying population, while a low birth rate has complicated the issue
Apr 29, 2024 07:46 PM
Chart of the Day: AI Startups Lead China’s Unicorn Herd
Of the country’s 369 unicorns, 52 are in AI, with integrated circuits and pharmaceuticals not far behind
Apr 29, 2024 07:38 PM
Overseas Investment Through China’s Stock Connect Nearly Doubles 2023’s Total
Around $4.6 billion of net purchases were made on Friday and Monday alone
Apr 29, 2024 07:09 PM
Commentary: At Beijing Auto Show, CEOs Take the Car War Online
Top car executives have increasingly turned to social media to drum up interest in their vehicles — sometimes at their peril
Apr 29, 2024 06:52 PM
Opinion: To Make the Most of Special-Purpose Bonds, Greater Focus on Performance Is Needed
The effectiveness of using special-purpose bonds is a comprehensive test that challenges fiscal discipline and governance capabilities and is crucial to the integrity of China’s high-quality economic development
Apr 29, 2024 06:49 PM
Chengdu Relaxes Homebuying Rule to Revive Sales
City will no longer review whether home buyers are qualified to purchase real estate
Apr 29, 2024 03:28 PM
Shanghai Composite Index Rose 0.79% on Monday
Shenzhen Component Index closed up 2.22%
Apr 29, 2024 03:03 PM
Chinese Bonds Dodge Global Debt Sell-Off as Yield Gap Widens
China’s benchmark 10-year yield has dropped about 23 basis points this year, while similar-maturity U.S. Treasury yields have jumped 78 basis points
Apr 29, 2024 02:15 PM
Musk Makes Surprise China Visit in Search of Tesla Revenue Boost
EV-maker’s CEO met with officials including Premier Li Qiang to discuss rolling out its Full Self-Driving system
Apr 29, 2024 02:11 PM
BYD Shares Face Earnings Test as China’s EV Price War Heats Up
Automaker is expected to report its lowest sales growth in four years, as well as a narrower profit margin
Apr 29, 2024 01:54 PM
Daily Tech Roundup: China Offers Subsidies for Car Trade-Ins, EU Hits Shein With New Digital Rules
ByteDance U.S. general counsel to exit role, GAC rekindles Huawei smart car partnership
Apr 29, 2024 01:18 PM
TikTok, ByteDance U.S. General Counsel to Exit Role
Erich Andersen will remain as ‘special counsel’ in a move that comes days after President Joe Biden signed into law a bill that threatens TikTok’s existence in the U.S.
Apr 27, 2024 05:28 PM
China Industrial Profits Drop as Demand From Overseas Stalls
Flagging exports and deflationary pressures persisted in March, suggesting the economy’s stronger-than-expected growth early this year might be tough to maintain
Apr 27, 2024 05:14 PM
Weekend Long Read: Don’t Let a Crisis Go to Waste
Only through a deep understanding of economic and financial crises can we resolve them and turn them into opportunities
Apr 27, 2024 10:30 AM
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