Sources claim state-owned SAIC Motor plans to cut 30% of workers at its JV with General Motors, 10% at its unit with Germany's Volkswagen, plus half the staff at its Rising Auto EV unit
A rise in orders both at home and abroad have boosted factory activity and lifted business confidence to the highest in nearly a year, according to a Caixin survey on Monday
Investors led by PE firm PAG have bought a 60% stake in property giant Dalian Wanda's mall unit, which runs close to 500 malls across China
The 166 pages of rules note that restrictions on chip shipments to China also apply to laptops. They will take effect on Thursday
Xiaomi co-founder and CEO, Lei Jun, believes his newly launched electric sedan is a direct competitor of Tesla — both in price and capabilities
Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every year at least since the US restrictions began
The Joe Biden Administration is taking pains to strengthen its existing chips restrictions on China by making it easier for US firms to comply with restrictions
US intelligence officials say Chinese pharma companies are risking national security at a time when Washington is considering multiple bills targeting those firms access to funds
BYD has set back plans for an EV factory in Vietnam, while CATL has said solid-state batteries are problematic and have safety issues
China will make tech innovation a focus of economic growth and aims to help drive a global economic recovery this year, Zhao Leji said at the Boao Forum for Asia
Sources say China's biggest developer, which went into default in October with debts of $190 billion, has hired Kroll to do a liquidation analysis; it could be the second giant builder to go under
The Chinese president also warned his Dutch counterpart against restricting chip ties with Beijing, amid increasing pressure from the United States