Receivers and agents of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have expressed confidence in finally finding a buyer for the dual-branded complex – which together make up Hong Kong’s third-largest hotel by room numbers – as creditors move to dispose of the asset. Sole agent Savills is holding…
Rare earths will remain an “important card” for China in its relations with the United States, despite the Group of Seven’s commitment to challenge Beijing’s dominance of the critical minerals, according to a Chinese observer. At a meeting in the Canadian city of Toronto on Friday, G7 energy ministers agreed to establish a critical minerals…
Chinese makers of smart electric vehicles (EV) will have to redouble their efforts over the next few quarters to stay on track to break even as the brutal discount war in the world’s largest vehicle market shows few signs of abating. From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller losses…