China’s new energy vehicle (NEV) production jumped 25% to 16.52 million units in 2025, while output of internal combustion engine vehicles shrank 1% to 18.25 million. The as the automobile sector also posted record revenue of RMB 11.2 trillion ($1.6 trillion) in 2025, up 7.1% year-on-year, but profit margins were just 4.1%, well below the […]
Category: Takeaway
China’s largest gold mining company Zijin Mining is acquiring Canada’s Allied Gold in an all-cash deal valued at about $4 billion. This is the first major cross-border transaction since Canadian Prime Minister Carney’s recent visit to Beijing, which saw a thawing of several years of diplomatic tensions. The announcement came as gold prices reached a […]
China’s manufacturing powerhouse, Guangdong province, has reported a GDP growth rate of just 3.9% for 2025, falling short of the target for the province of 5%. While the figures have only been released for a few provinces/regions, Guangdong appears to be on the lower end. Manufacturing hubs Shandong and Zhejiang both announced 5.5%, while Shanghai […]
Comac, China’s state-run planemaker, says it is aiming to raise this year’s sales—and presumably production—from 15 to 28 of the C919, the country’s first domestically produced passenger jet. Last year, it set the ambitious target of 75, and only sold 15. Since the rollout in 2022, the total number of C919s sold are no more […]
China’s trade surplus with Africa hit a record high of $102 billion in 2025, up from $62 billion the year before. The total export revenue was $225 billion, almost double African shipments to China which generated $123 billion. Analysts have said that the spike in Africa-trade may be in response to the pressures on China’s […]