China’s Changan denies arbitrarily cutting payments to suppliers

China’s Chongqing Changan Automobile, in a statement sent to Reuters on Wednesday, denied allegations reported in local media that it had arbitrarily cut payments to suppliers by 10%. The state-owned ……


Pro wrestlers return to China as global bouts resume after pandemic

Not only presidents and chief executives are making their way to China to reconnect after three years of border closures, but also international professional wrestlers, who returned this week after ……


Shanghai court freezes $278 million worth of shares in Wanda Commercial

A Shanghai court has ordered the freezing of 1.98 billion yuan ($278.18 million) worth of shares in a unit of Dalian Wanda Group, China’s largest commercial property developer. The shares frozen were ……


Shanghai Is Drafting Low-Carbon Transition Catalog for Financial Sector

The Shanghai Municipal Financial Regulatory Bureau will guide financial institutions to support the low-carbon transition of key industries and companies by improving the evaluation criteria and ……


Beijing, Shenzhen, Shanghai Release Policies to Support AI Industry

With the rapid development of artificial general intelligence, Chinese cities Beijing, Shanghai, and Shenzhen have released policies to support the artificial intelligence industry. Beijing issued two ……


China’s first home-grown cruise ship undocked in Shanghai

SHANGHAI: China’s first domestically-built large cruise ship completed its undocking in Shanghai on Tuesday, marking its complete transition into the dock mooring debugging stage….


Analysis – For Musk and other foreign CEOs visiting China, silence is golden

A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon have made their way to a reopened China in the last few months. One notable common strand: they’ve not ……


China’s EV Juggernaut Is a Warning for the West

It wasn’t just a big hand from the state; competitive pressure and creativity have made Chinese-designed and -built electric cars formidable competitors….


Action plan to boost imports in Shanghai

Photo/VCG] Shanghai’s Huaihai Xintiandi will facilitate more imports as part of a latest action plan, local government officials and comp ……


China’s first home-grown large cruise ship undocks in Shanghai

Yang Jincheng (center left), general manager of China State Shipbuilding Corp, and Zhu Zhisong, Party secretary of Shanghai’s Pudong New Area, jointly undock China’s first home-built large cruise ship ……