BEIJING (Reuters) – Sales of new energy vehicles (NEV) in China, the world’s biggest auto market, will jump to 20% of overall new car sales by 2025 from just 5% now, the state council said on Monday.
China slams the brakes on Ant Group’s $37 billion listing
China suspended Ant Group’s $37 billion listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by …
China says will safeguard Chinese journalists’ rights after U.S. visa rule
China’s foreign ministry said on Monday it will take all necessary measures to protect Chinese journalists in response to the United States delaying visa renewals for Chinese reporters. China urges …
Exclusive: Trump administration shelves bid to blacklist China’s Ant Group – sources
The Trump administration has put on hold an effort to blacklist Ant Group Co Ltd , the Chinese financial technology company affiliated with e-commerce giant Alibaba, following a …
U.S., Australia, India and Japan Begin Joint Navy Drills, China Defends Air and Sea Claims Ahead of Election
As the U.S. Navy trains with Australia, India and Japan to “deter all who challenge a free and open Indo-Pacific,” China hopes these drills are “conducive to regional peace and stability, instead of …
CapBay and Kenanga to form Malaysia’s first Islamic supply chain finance fintech
to create Malaysia’s first Islamic supply chain finance fintech, according to a statement. The joint venture aims to “continue the effort of growing Shariah-compliant [businesses] and developing the …
Alibaba Drops After China Suspends IPO of Finance Affiliate Ant
Alibaba Group Holding Ltd.’s U.S.-traded shares tumbled as much as 9.7% Tuesday after Ant Group Co., the finance affiliate also founded by Jack Ma, said its listings in both Shanghai and Hong Kong …
Roundup: Brunei, China launch Chinese tour guide training program under “new normal”
Brunei and China launched an online Chinese language tour guide training program on Tuesday, with the aim to continue bilateral tourism cooperation amid global COVID-19 pandemic situation. The …
China business briefing: Not happy with Kyrgyzstan
China is keeping Kyrgyzstan’s acting leader Sadyr Japarov, who muscled into power in mid-October, at arm’s length.
Russia, China Cautiously Watch Kyrgyzstan’s Lingering Political Turmoil
Treading carefully, both Moscow and Beijing have engaged the new Japarov government but with a markedly light touch.