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China Business News: China Finance News, China Stock Market News

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EV Battery-Maker CATL Unveils Single-Charge 1,000km Power Unit

CATL showed off the lithium iron phosphate (LFP) Shenxing Plus battery on the first media day of the Beijing auto…

5 hours ago

Blinken Urges China to Play Fair With American Companies

The US Secretary of State is in Shanghai as the two superpowers continue to defrost a relationship defined in recent…

7 hours ago

China Unveils Brain Chip Similar to Elon Musk’s Neuralink

China says its fully homegrown brain-computer interface was tested on a monkey, allowing it to control a robotic arm with…

9 hours ago

TikTok Vows ‘We Will Fight’ After Biden Signs Sale Order

After Biden's swift presidential endorsement, attention is now turning to whether TikTok can win a legal fight against the divestment…

9 hours ago

ASML Will Not Service Some China Equipment, Outgoing CEO Hints

Washington has been lobbying the Dutch to prevent ASML from servicing some of the billions of euros worth of tools it has…

9 hours ago

Local EVs Dominate as China’s Largest Auto Show Opens

Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now…

12 hours ago

Huawei Revs Up Intelligent Driving Push With Software Launch

The Chinese tech firm has also launched seven EV models in partnership with domestic automakers as it bids to become…

1 day ago

Country Garden Wins Onshore Bonds Payments Delay Approval

China’s largest private developer has already defaulted on $11 billion of offshore bonds amid a three-year sector-wide debt crisis

1 day ago

TikTok Plans Legal Battle as US Senate Passes Divest-or-Ban Bill

Experts say that if a sale of TikTok does go through, it would be one of the most complicated and…

1 day ago

Tesla Profit Plunges, But Stock Jumps on Vow of ‘Affordable’ Cars

Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging…

1 day ago

US Call for 3 Years Jail for Binance Founder Changpeng Zhao

Prosecutors say Zhao, who faces sentencing in a Seattle court next week, should serve 36 months in jail for serious…

2 days ago

PwC Probed For ‘Enabling Evergrande Misconduct For Years’

PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the developer listed in Hong Kong

2 days ago