Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon. BYD Co.’s monthly sales have stagnated of late and with the summer months being a traditionally slower time for consumer purchases, that trajectory isn’t expected to reverse any time soon. Source link
Hong Kong should avoid negative labels for certified subdivided flats as they provide accommodation to people from all walks of life, the housing minister has said, while stressing that a planned shake-up of standards will not drive up rents. In an exclusive interview with the Post, Secretary for Housing Winnie Ho Wing-yin also said temporary…
An American citizen who works for the US government has been blocked from leaving China for months, possibly on national security grounds, after travelling there recently, the South China Morning Post has learned. A source familiar with the matter said that a naturalised US citizen, originally from China, was detained by authorities upon landing in…
A number of suspects involved in strategic mineral smuggling had been arrested, Chinese authorities said on Saturday, while pledging stronger enforcement of export controls to prevent illegal shipments and technology transfers for military use. The Ministry of Commerce statement came during a high-level export-control meeting in Nanning, capital of Guangxi Zhuang autonomous region – an…
Chinese Premier Li Qiang on Saturday announced the launch of a mega dam project on the Tibetan Plateau, in what is expected to be the world’s largest hydroelectric facility. The massive project, located in the lower reaches of the Yarlung Tsangpo River, has raised concerns about water supply and environmental impact downstream in India and…
A Chinese woman with a master’s degree in film directing from the UK who now works as a part-time restaurant waiter in Beijing says she is not ashamed of her job choice because she is still chasing her acting dream. Yu Shutian, 29, returned to China at the end of 2021 after obtaining her degree…
The competition, titled “AI for All”, will run through September and features 17 tracks, including automobile, tourism, cross-border e-commerce, smart agriculture, and market regulation. Hosted by the Guangxi regional government, the kick-off took place simultaneously in eight cities: Guangxi’s capital Nanning, Beijing, Shanghai, Hangzhou, Shenzhen, Hong Kong, Bangkok, and Kuala Lumpur. “Hong Kong’s AI ecosystem…
Wells Fargo suspended travel to China after one of its top trade financing bankers was blocked from leaving the country, the latest case of authorities imposing exit bans on staff of foreign firms. Chenyue Mao, an Atlanta-based managing director who was born in Shanghai, was banned from departing China after entering the country in recent…
The European Union has sanctioned two small Chinese banks in its latest package of measures designed to hobble Russia’s war machine, despite a warning from Beijing to expect consequences. Suifenhe Rural Commercial Bank and Heihe Rural Commercial Bank, two regional lenders from cities close to China’s border with Russia, were blacklisted in the 18th package…
The US consulate in the central Chinese city of Wuhan has suspended all visa interviews, citing “unsafe” indoor temperatures it blamed on building management. In a public notice posted on its official social media account on Friday, the consulate said temperatures in its interview waiting area exceeded 33 degrees Celsius (91 degrees Fahrenheit) in the…