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‘Payback’: why China’s world-beating car industry faces plunging sales at home Chinese car brands have suffered a steep drop in domestic sales this year, with Beijing scaling back subsidies and buyers reluctant to spend China’s electric vehicle (EV) industry sits at the centre of

Advertisement Opinion China won’t waste its reserves to cushion oil price impact of Iran war On the contrary, conserving strategic reserves and letting prices spike in the short term may bring long-term benefits 3-MIN READ3-MIN 2 Listen Dr Andy Xie is a Shanghai-based independen

China moving up the industrial value chain with high-value exports Led by robots and EVs, the country’s move up the industrial value chain is gaining momentum, June’s industrial export figures show China’s push to move up the industrial value chain continues to gain momentum, wit

Why China’s open-weight AI model Kimi K3 is sparking anxiety in Silicon Valley Analysts say Beijing-based start-up Moonshot’s 2.8 trillion-parameter large language model could narrow the gap with the US within ‘weeks’ The Beijing-based unicorn released the Kimi K3, a massive 2.8

No longer token economy? SenseTime bets on ‘task economy’ as token prices set to drop AI’s true commercial value will shift towards a ‘task economy’ where users pay for completed, complex tasks, says Xu Li. The commercialisation of artificial intelligence is poised to transition

China’s crude purchases plunge in June amid Middle East supply drop, higher prices Chinese imports of liquefied natural gas rose 8.3 per cent year on year in June, while the country purchased nearly 30 per cent more coal in the month China’s crude imports continued to fall in Jun

Advertisement Opinion As the EU erects barriers, China’s trade tilts south and east Europe’s importance in China’s trade calculations is shrinking as Beijing prioritises the Global South, Southeast Asia and the Middle East 3-MIN READ3-MIN 6 Listen Bob Savic is head of internatio

As EU’s China trade deficit widens, Germany changes tack to join France’s Beijing pushback Both nations call on Brussels to strengthen its defences as EU adds US$1.14 billion a day to its China trade shortfall, while losing jobs The EU’s top two economies jointly called for swift

China’s EV industry rose with the aid of tax breaks. What happens when they end? Beijing is attempting to curb overcapacity and intense domestic price wars by ending a decade-long levy exemption on batteries China will levy a consumption tax on lithium-ion batteries and solar cel

EU test pilots find ‘no major hardware risks’ with China’s C919 jet: sources European pilots are now wrapping up their long flight testing process for the C919, but it is still unclear when the jet might be certified, sources say The news indicates that the C919 has taken a step

Kimi K3 developer suspends new subscriptions amid compute constraints Chinese start-up pauses Kimi K3 subscriptions due to surging demand and compute shortages, highlighting the country’s AI chip challenges Chinese start-up Moonshot AI has suspended new subscriptions for its grou