HONG KONG — In a year full of geopolitical uncertainty and rising trade barriers, Chinese automakers are not backing away from global markets but instead ramping up their expansion efforts. On Tuesday, Xpeng said it is targeting more than doubling its overseas sales to over 40,000 units and expanding to over 300 sales and service…
Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Donald Trump names David Perdue as pick for US ambassador to China US president-elect Donald Trump has picked former senator David Perdue as his ambassador to China,…
Gazprom’s natural gas flows via the Power of Siberia pipeline to China have reached full capacity of 38 billion cubic meters annually, the Russian gas giant said on Monday. Gazprom started sending gas to China via the Power of Siberia pipeline at the end of 2019, and flows have now reached the maximum design capacity….
A Chinese state-owned company has reported a breakthrough in the mass production of almost 100 per cent pure graphite. The feat is expected to consolidate China’s global leadership in producing the strategic material seen as a vital weapon in the country’s hi-tech war with the West. Science and Technology Daily reported on Tuesday that China…