Passenger vehicle sales in China plunged 28% year-on-year in the first 18 days of January, reports Caixin. This comes as policy support faded and new taxes dampened consumer sentiment. Retail passenger car sales slid to 679,000 units from January 1 to 18, according to figures released Wednesday by the China Passenger Car Association (CPCA). New-energy vehicles […]
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China has begun construction on the southern section of the Tibet-Guangdong ultra-high-voltage power transmission line, reports South China Morning Post. The line aims to channel vast amounts of green energy generated from the Roof of the World to factory hubs along the country’s south coast. The project–which will transfer the equivalent of half the electricity produced […]
The expansion of China’s new-energy storage capacity saw a markedly slower pace of growth in 2025, reports Caixin, describing it as signaling a transition from a policy-fueled boom to a more mature phase driven by market dynamics and operational efficiency. While the sector remains on an upward track, growth cooled to double-digit rates after installations more […]
General Motors (GM) is moving production of a China-built Buick SUV to the US, reports Reuters. This comes as it seeks to expand US factory work in the wake of the Trump administration’s tariffs. The Detroit automaker said Thursday it is ending China production of the Buick Envision, a midsize SUV that it has been importing to […]
China’s trade surplus with the continent surged by 64.5% to a record US$102 billion, reports the South China Morning Post, citing China customs figures. The jump in the trade gap–up from US$62 billion the previous year–was driven by a 25.8% surge in Chinese exports to the continent to $225 billion, far outpacing the 5.4% growth in African shipments […]