Chinese

Canada prepares potential tariffs on Chinese EVs after US and EU moves
Canada prepares potential tariffs on Chinese EVs after US and EU moves
PRIME Minister Justin Trudeau’s government is preparing potential new tariffs on Chinese-made electric vehicles (EVs) to align Canada with actions taken by the United States and European Union, according...
Chinese banks hold lending rates following PBOC’s caution
Chinese banks hold lending rates following PBOC’s caution
CHINESE banks maintained their benchmark lending rate for a 10th straight month, as pressure on the yuan restricts policymakers’ space for easing.The one-year loan prime rate (LPR) was maintained...
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
CHINESE automakers have urged Beijing to retaliate against Brussels’ decision to place curbs on Chinese electric vehicle (EV) exports by raising tariffs on imported European petrol-powered cars, the state-backed...
BYD leads Chinese car brands past Ford and Chevy in global sales
BYD leads Chinese car brands past Ford and Chevy in global sales
CHINA’S carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market. Brands led by BYD sold 13.4...
EU to impose multi-billion-euro tariffs on Chinese EVs: FT
EU to impose multi-billion-euro tariffs on Chinese EVs: FT
THE European Commission will notify car makers on Wednesday that it will provisionally apply additional duties of up to 25 per cent on imported Chinese electric vehicles from next...
European nations compete for Chinese EV factories, jobs even as EU weighs tariffs
European nations compete for Chinese EV factories, jobs even as EU weighs tariffs
EUROPEAN governments may be wary of budget Chinese electric vehicles (EVs) flooding their markets but they’re also fiercely competing for a share of the manufacturing investment and jobs the...
Europe, US fearful of Chinese electric cars, says BYD founder
Europe, US fearful of Chinese electric cars, says BYD founder
FOREIGN countries are “afraid” of Chinese electric vehicles, BYD chairman Wang Chuanfu said in a swipe at European and US efforts to constrain imports of China-made cars. “There are many...
US proposes to boost Internet security, citing Chinese carrier action
US proposes to boost Internet security, citing Chinese carrier action
THE Federal Communications Commission (FCC) on Thursday (Jun 6) voted to advance a proposal to boost the security of information transmitted across the Internet after government agencies said a...
Chinese food delivery leader Meituan revenue up 25%, beats estimates
Chinese food delivery leader Meituan revenue up 25%, beats estimates
CHINA’S leading food delivery group Meituan on Thursday (Jun 6) reported a bigger-than-expected 25 per cent rise in quarterly revenue, defying a slowing Chinese economy. Meituan, which operates an app...
Chinese move billions into Hong Kong banks seeking higher yields
Chinese move billions into Hong Kong banks seeking higher yields
HSBC Holdings attracted more than 130,000 new bank customers in Hong Kong in the first quarter. Bank of China (Hong Kong) gained 200,000 new cross-border clients in 2023, while...