German carmaker Daimler AG will significantly cut its stake in the Denza electric-vehicle joint venture with BYD, one of China’s largest carmakers, after years of weak sales for the brand, r... Read more
China has approved a merger of several of its major rare-earths companies, creating a goliath that will cement the country’s control over the sector, reports Bloomberg. The new company will... Read more
Chinese internet giant Tencent is planning to give the majority of its $16.37 billion stake in JD.com to its shareholders as a dividend, reports Reuters. The move would mean that Tencent is... Read more
The Chinese state-run news outlet, Xinhua, which is the largest media organization in China, is planning to issue the nation’s first “news digital collectibles” backed by non-fungible tokens... Read more
International credit rating agencies have hit struggling Chinese property developers with a record number of downgrades during 2021, as the collapse of China Evergrande Group reverberates ar... Read more
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