A feud between two of China’s biggest auto manufacturers, Great Wall Motor and BYD, spilled out into the open on Thursday, as the rivals traded barbs over environmental standards amid... Read more
Chinese food delivery and on-demand services giant Meituan reported a 26.7% rise in first-quarter revenue from a year ago, as demand surged after China’s reopening from COVID-19 restric... Read more
Shanghai has invited General Motors to boost investment and research and development in the city, the city government said on Wednesday, reports Reuters. Shanghai looked forward to General M... Read more
Chinese e-commerce giant Alibaba Group Holding has denied speculation that it is planning mass lay-offs and pledged to hire 15,000 new employees in 2023, after media reports that it is cutti... Read more
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the economic recovery loses steam, according to the latest Bloomberg survey of eco... Read more
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