China brought in a record $334 billion in net foreign direct investment (FDI) last year, a 32% year-on-year increase, reports Caixin. Net FDI inflows are a large part of total net overseas i... Read more
One of China’s fastest-growing electric vehicle makers, Xpeng Motors, posted record quarterly revenues on Monday thanks to skyrocketing demand for its cars, outstripping market expectations,... Read more
Embattled telecoms equipment maker Huawei Technologies’ net profit increased by over 75% in 2021 despite the company recording its first-ever drop in revenue, due in part to US sanction... Read more
China’s largest brokerage, CITIC Securities, posted a 55.01% increase in profit for last year thanks to strong gains in securities investments, reports Reuters. Net profit for the 12 months... Read more
Tencent and Alibaba-backed ZKH Industrial Supply, which operates an industrial products e-commerce platform, has been given the go-ahead by Beijing to move forward with its initial public of... Read more
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