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BUSINESSAug 3China Economic Surge : A Testament to Stability and InnovationChina's economy is experiencing a surge attributed to stability and innovation. This highlights positive economic growth and development within the nation.alwihdainfo.com · China
BUSINESSAug 3Will new batteries give China’s EVs the jolt they need to charge past their rivals?On a cloudy evening in late April, a tech event hosted at Beijing’s National Convention Centre by Contemporary Amperex Technology Ltd (CATL) drew nearly 1,000 people eager for a glimpse of next-generation electric vehicle (EV) batteries that could reshape the global automotive landscape. Gao Huan, chief technology officer for the auto business at CATL, the world’s largest producer of EV batteries, exuded confidence while promoting the new Shenxing product series. According to the company, its...South China Morning Post
BUSINESSAug 2Price war fears grip China’s EV market after woeful July sales figuresThe bearish sentiment surrounding China’s electric vehicle (EV) sector has intensified after three premium carmakers reported weak sales for July, further heightening concerns that the market is heading for another brutal price war. EV makers Xpeng, Nio and Li Auto all reported month-on-month sales declines last month, as demand for intelligent cars weakened amid an economic slowdown in mainland China. Xpeng delivered 38,027 vehicles to customers in July, down 5.2 per cent from June, as the...South China Morning Post
BUSINESSAug 2US beats China on Africa data centers and AI infrastructure dealsThe United States has surpassed China in securing deals for data centers and AI infrastructure in Africa, indicating a shift in technological and economic influence.foxnews.com · United States
BUSINESSAug 2Historic Silk Route Back in Business : India Reopens Shipki La Trade Corridor With ChinaIndia has reopened the Shipki La trade corridor with China, reactivating a historic Silk Route. This development signifies a resumption of trade along this important route.jagranjosh.com · India
BUSINESSAug 2China sees flurry of commercial property deals as investors sniff out bargainsChina is experiencing a surge in commercial property deals as investors seek out bargains in the market. This indicates a notable trend in the Chinese real estate investment sector.scmp.com · China
BUSINESSAug 2Is Turkey putting pressure on China in Africa’s infrastructure market?Two years after Kenya’s deal with India’s Adani Group to modernise Jomo Kenyatta International Airport collapsed, the state-owned China Road and Bridge Corporation (CRBC) has won a US$1.2 billion contract to do just that. The same pattern played out when France’s Vinci lost a major highway deal in Kenya and CRBC took over as developer alongside another Chinese firm. Under the original 30-year concession, the national government would bear all the risk in the deal, raising public cost...South China Morning Post
BUSINESSAug 1China’s next export is the world’s factory itselfChina’s export boom is reaching its limits. The country’s next phase of growth will come not from shipping more goods abroad, but from exporting its factories, technologies and brands. China is running up against the limits of its old model. It is obvious as the economy looks increasingly K-shaped. Weak consumer confidence and a prolonged property slump continue to sap domestic demand, forcing manufacturers to rely ever more heavily on overseas markets. Exports have become the Chinese economy’s...South China Morning Post
BUSINESSAug 1India - China border trade resumes through Shipki La after six - year gapBorder trade between India and China has resumed through Shipki La after a six-year hiatus. This signifies a potentially positive development in economic relations between the two countries.thehindubusinessline.com · India
BUSINESSAug 1Musk Denies Report That Tesla Is Weighing a Sale of Its China Business Ahead of a SpaceX Merger DealElon Musk has denied reports suggesting Tesla is considering selling its China business prior to a potential merger deal with SpaceX. This addresses significant speculation about the future strategies of major companies.ibtimes.com.au · Australia
BUSINESSAug 1China Factory Activity Shrinks in July , PMI Falls to 49 . 2China's factory activity declined in July, with the Purchasing Managers' Index (PMI) falling to 49.2. This indicates a contraction in manufacturing, which could impact the broader economy.newkerala.com · India
BUSINESSAug 1Humanoid Robots : Trump Latest China Trade Battle ? The article raises a question about whether humanoid robots will become a new point of contention in trade discussions between the Trump administration and China.en.tempo.co
BUSINESSAug 1Nathu La border trade resumes : India - China trade route reopens after six - year hiatusThe Nathu La border trade route between India and China has reopened after a six-year hiatus. This resumption of trade will facilitate economic activity between the two nations.moneycontrol.com · India
BUSINESSAug 1India and China revive Himalayan trade at high-altitude passHigh in the eastern Himalayas, where yak caravans once carried silk and salt between empires, a border crossing closed by suspicion six years ago is stirring back to life. The Nathu La Pass, a remote border trading post connecting India’s Sikkim state with China’s Tibet region at 4,310 metres (14,140 feet) above sea level, reopened to commerce on Saturday for the first time since 2020. For the roughly 600 registered traders in Sikkim who used to depend on this ancient route, the reopening means...South China Morning Post
BUSINESSJul 31Dispatch from China : The ups and downs of Changsha | Ottawa Business JournalAn Ottawa Business Journal dispatch discusses the economic fluctuations and developments in the Chinese city of Changsha. This offers insight into regional business conditions.obj.ca · Canada
BUSINESSJul 31Humanoid robots: Trump's latest China trade battle?The US has banned foreign-made humanoid robots, a market Chinese tech firms dominates. Although Washington cited national security risks, analysts think Donald Trump is buying time for US robot makers to catch up.DW News [en]
BUSINESSJul 31Why Elon Musk would find it hard to decouple Tesla from ChinaElon Musk has dismissed a media report claiming electric vehicle (EV) company Tesla is considering selling its China business, even as the speculation threatens to renew scrutiny over the American carmaker’s dependence on its main manufacturing hub in Shanghai. “This has never even come up in a discussion ever,” Musk, who is CEO of both Tesla and commercial aerospace giant SpaceX, posted on his X social media account on Friday. “Absurdly fake news.” The remarks by the world’s richest person came...South China Morning Post
BUSINESSJul 31China factories cool, CXMT surges, PLA marks anniversaryChina’s factory activity unexpectedly slipped into contraction for the first time in five months, and construction activity fell to its lowest since the pandemic, underscoring a divide in the nation’s economy that complicates efforts to revive growth. The official manufacturing purchasing managers’ index (PMI) dropped to 49.2 in July, missing the 50.1 median estimate in a Bloomberg poll of economists. Construction and services, part of non-manufacturing PMI, tumbled to 49 from 50.2 a month...South China Morning Post
BUSINESSJul 31Inside China two - speed economy : Why goods consumption is slumping even as exports and services boomChina's economy is exhibiting a 'two-speed' trend, with declining goods consumption contrasting with a boom in exports and services.finance.yahoo.com · United States
BUSINESSJul 31Musk calls report on Tesla China business sale 'absurdly fake news'Elon Musk has refuted a report concerning the sale of Tesla's China business, labeling it "absurdly fake news." This denial addresses a significant claim about the company's operations.Seeking Alpha Tech
BUSINESSJul 31China’s Xiaomi takes aim at Tesla, staking 23% lower price on premium SUVXiaomi, one of Tesla’s biggest challengers in mainland China over the past year, has priced its newest cars at a 23 per cent discount to the US carmaker’s Model Y L SUV amid intensified competition in the country’s premium electric vehicle (EV) segment. Beijing-based Xiaomi announced on Thursday that the five-seat N70 Max model under its new extended-range SkyNomad series would sell at 259,900 yuan (US$38,474), while the seven-seat N90 Max would start at 299,900 yuan, with deliveries of both...South China Morning Post
BUSINESSJul 31China’s factory, service activity shrinks in July; composite PMI hits multi-year lowChina's factory and service sector activity contracted in July, leading to its composite Purchasing Managers' Index (PMI) falling to a multi-year low. This indicates a significant slowdown in the country's economic activity.Seeking Alpha Tech
BUSINESSJul 31Elite company: the listed firms that were China’s most valuable before CXMTAfter soaring 466 per cent in its Shanghai trading debut on Monday, ChangXin Memory Technologies (CXMT) became the most valuable company on mainland China’s stock market – the first semiconductor firm to hold the top spot in the market’s 35-year history. The state-backed maker of memory chips saw its market capitalisation surpass 4 trillion yuan (US$592 billion) on Friday amid a broader chip stock surge. It first ascended to the top of the list on Monday, ending its first trading day with a...South China Morning Post
BUSINESSJul 31Tim Cook warns of slow Siri AI roll-out in China, worsening memory crisisApple is taking its first concrete steps to roll out initial artificial intelligence (AI) features in China, but CEO Tim Cook warned that a full integration of a revamped Siri AI there would take longer. Mainland Chinese consumers would first get a targeted suite of original Apple Intelligence capabilities, including the Clean Up photo-editing tool, which allows users to erase unwanted objects in photos, according to Cook. “We are working now through the roll-out of those, and there will be more...South China Morning Post
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