China’s civil aviation authority announced a potential regulatory change that would allow its home-grown passenger jet, the C919, to use narrow runways typically found in smaller airports, reports the South China Morning Post. The move is aimed to help the plane expand its presence at home and break into the Southeast Asian market. The Civil Aviation […]
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Mercedes-Benz has slashed suggested retail prices for select models in China by about 10%, reports Caixin. This comes amid pressure from retailers struggling with widespread losses and mounting inventory in the world’s most competitive auto market. The adjustment was confirmed by the auto dealers chamber of the All-China Federation of Industry and Commerce. The trade body, […]
In a move to bolster the stability of the property market, Shanghai city has unveiled a plan to buy second-hand homes for use as public rental housing, reports the South China Morning Post. The move aims to bolster stability in the property market and is timed to coincide with the opening of the city’s annual “two […]
China has warned Panama there would be “heavy prices” to pay after a court ruling declared Hong Kong-based CK Hutchison’s contract to operate two ports at the Panama Canal was unconstitutional, reports Reuters. China’s Hong Kong and Macau Affairs Office called the ruling by Panama’s Supreme Court “absurd,” “shameful and pathetic,” and vowed to defend the interests […]
China will ban ‘hidden’ car door handles from 2027, reports Reuters. This makes the country the first country to phase out a design pioneered by Tesla and adopted by Chinese EV makers. The hidden handle design has drawn scrutiny in both the United States and China over potential safety risks. Chinese state media reported in October […]