SHANGHAI (Reuters) -Chinese electric vehicle champion BYD (1211.HK, BYDDF) has slowed its production and expansion pace in recent months by reducing shifts at some factories in China and delaying plans to add new production lines, said two people with knowledge of the matter. The decisions are a sign that BYD’s robust sales growth over the…
Chinese electric vehicle giant BYD has recently slowed its production and expansion efforts, according to sources familiar with the matter. The company has reduced shifts at some of its factories in China and postponed plans to introduce new production lines, reflecting a more cautious approach in response to evolving market conditions, News.Az reports, citing Reuters….
The 2025 Summer Davos forum will be held from June 24 to 26 in Tianjin and is expected to bring together around 1,800 participants from over 90 countries and regions. China News Service | China News Service | Getty Images This report is from CNBC’s The China Connection newsletter, which brings you insights and analysis…
Summer is in full swing, as are Hong Kong’s dining activations and events. From new menu launches to special pop-up collaborations, there’s enough going on this weekend to keep every foodie busy, whether Indian food is your favourite or you prefer a brunch with breathtaking views. If these events still don’t tickle your fancy, our…
London – Chinese spying and attempts by Beijing to undermine Britain’s democracy and economy have risen in recent years, the U.K. government said Tuesday in a report on the Asian giant. Foreign minister David Lammy told Parliament the Labour administration would invest £600 million ($818 million) in its intelligence services as a result of the…
• PM Sonko in China to boost Senegal’s tech sector.• Key talks on 5G, AI, fiber, and start-up support.• Deals eyed for Dakar 2026 and digital sovereignty. Senegalese Prime Minister Ousmane Sonko (photo, left) began an official visit to China on Sunday, June 22. He was accompanied by a high-level delegation, including Alioune Sall, Minister…
The organisers of Hong Kong’s annual book fair have said they hope the number of visitors this year will surpass 1 million and break the record set in 2024, with the latest iteration set to focus on food culture. The 35th Hong Kong Book Fair, which has the theme of “food culture and future living”,…
Chinese President Xi Jinping will not attend the BRICS summit in Rio de Janeiro in July, according to officials familiar with the matter. Beijing informed the Brazilian government that the Chinese delegation to the summit will be led by Prime Minister Li Qiang, News.Az reports, citing the South China Morning Post. The Chinese president will…
Hong Kong is rolling out sweeping capital market reforms, including improved IPO pricing mechanisms and a post-listing over-the-counter market. This is aimed at building on the city’s success in becoming one of the world’s leading IPO destinations in the first half of 2025 by number of listings and funds raised. The proposed updates, according to…
US President Donald Trump’s declaration on Tuesday that China “can now continue” to buy Iranian oil did not signal a change in Washington’s policy on banning such trade, the White House said. Trump’s earlier comments about the China-Iran oil trade were made to highlight the continuation of traffic through the Strait of Hormuz, a critical…