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Related Special Reports
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...and co-chaired the initiative....
...Bain’s offices in Shanghai were raided last year in a broad national security investigation....
...ChemChina bought the Italian tyre company Pirelli in 2015 and later merged with state-owned Sinochem in 2021. ChemChina had wanted to list Syngenta earlier but was delayed by the pandemic....
...State-owned Comac was established jointly with companies including Shanghai-listed Aluminum Corporation of China, China Baowu Steel Group and Sinochem Corporation....
...The other is made up of two European subsidiaries of the Chinese state-backed power company Shanghai Electric....
...lines, while deepening co-operation with Chinese suppliers....
...Blinken met the powerful Shanghai Communist party boss Chen Jining on Thursday, ahead of talks with China’s central leadership including foreign minister Wang Yi in Beijing over the next two days....
...According to Automobility, a Shanghai consultancy, BYD’s share of new energy vehicle sales in China fell to 30.8 per cent in January and February, down from 35 per cent at the end of last year....
...Additional reporting by Wang Xueqiao in Shanghai...
Property group is among biggest victims of China’s real estate cash crunch
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...Shaun Rein, managing director of China Market Research Group, a Shanghai consultancy, said it was difficult to have a positive view of Geely’s outlook in the wake of the Lotus listing....
...Container-shipping costs from Shanghai to New York or Los Angeles are up closer to 30 per cent. It could be worse....
...Shen Meng, director at boutique investment bank Chanson & Co in Beijing, noted the post-pandemic holiday came amid tough times, prompting many to open up their wallets and “release their stress”....
...Some experts also point out that nearly one-third of Chinese EV exports last year were cars that Tesla, a US company, produced at its factory in Shanghai....
...Beijing’s ambassador to Peru, Song Yang, has promoted the megaport enthusiastically, saying that “China is betting that Chancay will become Peru’s Shanghai”....
Strong sales increase pressure on US pioneer to keep crown as top seller of purely electric vehicles
...I’m gonna wait and buy it at the bottom’,” said Stephen Dyer, partner and managing director at consultancy AlixPartners in Shanghai. “It actually slowed down sales when that happened.”...
...NPC spokesperson Lou said Beijing hoped for better co-operation with Washington after the upcoming US election....
...Of that, only about 1.2mn were EVs — 29 per cent of which were Tesla vehicles — while the remaining 75 per cent were internal combustion engine cars, according to data from Shanghai consultancy Automobility...
...Additional reporting by Wang Xueqiao in Shanghai and Hudson Lockett in Hong Kong...
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