Chinese companies going global. Global companies capitalizing on the size and growth of the China market. State-owned enterprises. Policy-based state investment. Startup unicorns with Chinese characteristics. There is no shortage of business stories to tell in China.
In its first earnings call following a restructuring prompted by regulatory pressures and investor expectations, Alibaba is signaling a shift toward financial optimization. But can it restore investor confidence and keep the government happy?
The C919, China’s first domestically-made large passenger plane, was celebrated as an object of national pride on Chinese social media after making its maiden commercial flight on Sunday. But critics say the jet still relies heavily on Western components, and faces a lengthy journey to mass production.
New research shows that the Chinese bank card giant is now the world’s biggest provider of debit cards, ahead of Visa and Mastercard
PDD’s earnings show a recovery in consumer sentiment in China, and will help the company expand its cross-border operations taken on by global platform Temu.
Chinese electric vehicle maker XPeng’s revenues have nearly halved over last year, and profitability is a long way off. A company restructure and a flashy release next month is intended to return the firm to growth.
Alibaba will split into six separate entities with individual CEOs and boards, with several opting to pursue stock exchange listings.
China’s largest lithium mining company has transformed itself into a battery manufacturer, and is now the very first company to announce mass production of revolutionary solid-state batteries.
As China bans the products of a major U.S. memory chipmaker, Chinese competitors are slowly stepping forward.
The future of road transport is being forged in China. These are its leading electric vehicle companies that are ready to take on the world.
China is using an old playbook as it imposes restrictions on imports from Taiwan in hopes of pushing voters to support the KMT in the island’s upcoming election. But Beijing may be in for a rude awakening.