China Economic ReviewChina’s top leadership has called for a more proactive and better coordinated macroeconomic approach for 2026, reports Caixin. The Central Economic Work Conference, which concluded on Thursday, will place domestic demand at the center of economic policy while downplaying aggressive stimulus for property and local government debt. Officials said the economy remains on track to […]
Chinese telecoms equipment maker ZTE Corp may pay more than $1 billion to the US government to resolve years-old allegations of foreign bribery, reports Reuters, citing inside sources. This year, the Justice Department has moved ahead with a US investigation into ZTE for allegedly violating the Foreign Corrupt Practices Act in South America and other […]
Global EV sales grew in November at the slowest rate since February 2024 as China plateaued, reports Reuters. Of the 1.98 million EVs sold globally in November, 1.32 million were in China. Global EV registrations, a proxy for sales, rose by 6% to just under 2 million units in November, the data showed. They were […]
JD.com is investing HK$3.5 billion ($450 million) for a 50% stake in a prime Hong Kong office tower, reports Caixin. The Chinese mainland tech giant seeks to tap the city’s commercial real estate sector as signs of a market rebound begin to emerge. The e-commerce company is purchasing the stake in the China Construction Bank […]
Huawei Technologies is reinforcing its position in the foldable smartphone segment with the global launch of the Mate X7, reports the South China Morning Post. The launch comes ahead of Apple’s much-anticipated foldable iPhone and the recent announcement of Samsung Electronics’ first trifold. The Huawei Mate X7, which was released in China last month, was rolled […]