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An upcoming second branch of Luckin Coffee has been spotted at Metro City Plaza Central in Tseung Kwan O after its first location in Tsim Sha Tsui’s Mira Place shopping mall sparked a frenzy of online chatter, with the largest mainland coffee chain seemingly showing confidence in expanding its services to Hong Kong. […]
BYD electric cars waiting to be loaded onto a ship for export at Taicang Port in Suzhou. AFP Cici Cao and agencies The European Union has decided to increase tariffs on Chinese-built electric vehicles to as much as 45.3 percent at the end of its highest-profile trade investigation that has divided Europe and prompted […]
There’s been plenty of invective and grandiose ambitions at Vladimir Putin’s recent hosting of the BRICS summit in Kazan, Russia. But amid all the noise, is BRICS the future? Jim O’Neill, the Goldman Sachs analyst who conceived the acronym for the then-emerging markets of Brazil, Russia, India, and China 23 years ago (the “S,” for […]
BYD is the most prominent EV manufacturer in China. (AP pic) BEIJING: Chinese electric vehicle giant BYD reported surging sales today, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances. The EV and battery giant is a leading player in recent efforts by Chinese automotive firms […]
Toyota Motor Corp. said Wednesday its global production fell 7.0 percent from a year earlier in the April-September period, marking the first drop in four years, as a quality scandal and weaker sales in China dented both domestic and overseas output. The Japanese carmaker built 4.71 million vehicles for its Toyota and Lexus brands in […]
The tariffs, some as high as 45 percent, are intended to protect Europe’s automotive sector, but they could escalate a trade war with China. Source link
With China’s tech hub reporting higher-than-average economic growth, analysts see the city’s growth path and resilience as a means of countering various challenges, including the threat of amped-up containment measures by the United States. Shenzhen, a city of 17.8 million people just across the border from Hong Kong, saw its gross domestic product increase by […]
On October 30, the crew of Shenzhou-19 spacecraft successfully entered the “Tiangong” space station, marking the fifth “space rendezvous” of China’s space station. So far, astronauts born in the 1970s, 1980s, and 1990s have gathered in the “Tiangong”. The crew of the Shenzhou 19 manned spaceflight mission is composed of “post-70s” astronaut Cai Xuzhe, “post-90s” […]
According to Xpeng Aeroht, the “Land Aircraft Carrier” Modular Flying Car will make its debut at the 2024 China Airshow. On November 12th, it will have its first public flight at the Lianzhou Exhibition Area in Doumen; meanwhile, the “Land Aircraft Carrier” will also be on static display at Hall 8 of Zhuhai International Airshow […]
China spacecraft launches in mission to space station A Chinese spacecraft with a three-person crew, including the country’s first female space engineer, has docked after a journey of more than six hours. The crew will use the homegrown space station as a base for six months to conduct experiments and carry out spacewalks as Beijing […]