Several key investors of a Shanghai-listed company are cashing in their holdings after the firm received Rmb 50 million ($7.2 million) from a local government-fund, Caixin reports. Shares of... Read more
Chinese coal miner Wintime Energy, which is delinquent on Rmb 15 billion of local bonds, is looking to use bonds issued by one of its healthier subsidiaries to pay off existing debt, accordi... Read more
China unveils landmark cap-and-trade system for electric car market
China will introduce a cap-and-trade system for vehicle emissions that will be applied to the country’s largest electric car manufacturers from 2019, forcing firms to chase more effici... Read more
Electric-car maker Tesla announced that it has bought a 210-acre plot for its highly-anticipated Gigafactory in Shanghai, as the firm looks to boost its competitiveness against homegrown Chi... Read more
Netherlands-based Lithium Werks BV plans to build a massive lithium-ion cell factory in China in order to further tap into the country’s booming batteries market. The new plant will have a p... Read more
