The country aims to reduce its reliance on the dollar-based global financial system as it confronts Washington’s aggressive trade policies. ( read original story ...)
A 5-minute charge to go 320 miles. Chinese EV battery giant CATL says its tech is even better than Tesla-killer BYD’s
China’s Contemporary Amperex Technology (CATL), the world’s largest producer of electric vehicle batteries, has unveiled an upgraded battery that promises an even longer range than rival BYD’s cutting ... ( read original story ...)
18 years, zero returns: China’s stock market stuck in time even as Nifty surges 500%
Despite China's impressive economic growth over the past 18 years, its stock market performance, as reflected in the Shanghai Composite and Hang Seng indices, has been stagnant compared to the S&P 500 ... ( read original story ...)
China to further facilitate cross-border financial services in Shanghai
China will take more steps to further facilitate cross-border financial services in Shanghai by leveraging the municipality's role as an international financial centre, according to a plan jointly ... ( read original story ...)
HSBC China’s top wealth banker reassigned, Asia wealth head relocates to Shanghai
HSBC's top wealth manager overseeing China will leave the role soon in an Asian leadership reshuffle, as the lender also cuts hundreds of jobs from its digital wealth project in China. ( read original story ...)
Chinese EV maker Nio to join fray in right-hand-drive car markets
Company’s Firefly minicar, priced around US$16,400, will be competitive in global markets despite tariffs, president says. ( read original story ...)
At Shanghai auto show, EV makers to grapple with autonomous-tech crackdown, launch Tesla ‘killers’
SHANGHAI] More than 70 Chinese and international automotive brands will showcase more than 100 new or refreshed models at the Shanghai auto show this week, intensifying already cutthroat competition ... ( read original story ...)