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Tag: business

Posted on 14/03/2025

Exclusive: Tesla plans Model Y costing at least 20% less to produce to defend China share, sources say

Tesla will make a lower-cost version of its best-selling Model Y in Shanghai, three people with knowledge of the matter said, aiming to regain ground lost during a price war in its second-largest ... ( read original story ...)

Posted on 14/03/2025

Doing business in China is fast and business-oriented: Executive

"The way of doing business here in China is extremely fast and extremely business-oriented," said Bernd Schlegl, managing director of FORM segment at Semperit Group. China offers a good business ... ( read original story ...)

Posted on 14/03/2025

China’s commerce ministry meets with Walmart on supplier pricing, state media says

Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to slash prices on their goods to offset the impact of the Trump administration ... ( read original story ...)

Posted on 13/03/2025

BlackRock to appoint Yu Peihua as new China fund chief, sources say

BlackRock has hired Yu Beihua, formerly head of AXA's China fund joint venture, as the new boss of its China business, two people with knowledge of the matter said, as the U.S. asset manager continues ... ( read original story ...)

Posted on 13/03/2025

China Cools on Musk: ‘Two Cars for the Price of One Tesla’

Elon Musk, the company’s chief executive, is fast losing out to Chinese electric carmakers in Tesla’s second-most-important market. ( read original story ...)

Posted on 13/03/2025

‘Let’s Not Talk About It’: 5 Years Later, China’s Covid Shadow Lingers

People who endured the longest Covid restrictions in the world are still grappling with what they lost: their loved ones, their livelihoods, their dignity. ( read original story ...)

Posted on 12/03/2025

China’s Haidilao to compensate thousands of customers over hotpot pee incident

Chinese hotpot giant Haidilao said it would compensate over 4,000 diners who had visited one of its outlets in Shanghai after two diners urinated into their hotpot broth. ( read original story ...)

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