Business Performance

Carmakers Slash Prices in Southern China After Sluggish September Sales

Carmakers Slash Prices in Southern China After Sluggish September Sales

Carmakers in southern China have cut prices in an effort to boost October sales after September saw the biggest annual fall in new car buying in seven years.

Oct 30, 2018
Li Suwan
Baijiu Shares Fizzle on Worries of Slower Demand Growth

Baijiu Shares Fizzle on Worries of Slower Demand Growth

Stocks of baijiu, a Chinese liquor distilled from sorghum and other grains, that have been quite strong in the…

Oct 30, 2018
Luan Li & Lu Jinyu and Lin Zhiyin
Orders at China’s Smaller Manufacturers Remain Stable Despite Trade Friction

Orders at China’s Smaller Manufacturers Remain Stable Despite Trade Friction

Smaller but competitive Chinese manufacturing firms have maintained stability in their orders from abroad despite the shadow cast by trade…

Oct 10, 2018
Miao Qi
Test of Time to Tell If S. Korea Sustains Soaring Sales in Sluggish China Car Market

Test of Time to Tell If S. Korea Sustains Soaring Sales in Sluggish China Car Market

South Korean auto brands have booked surging sales in an overall sluggish Chinese vehicle market. The views of industry insiders differ as to whether this sales spike will continue, however.

Sep 14, 2018
Quan Xiaoxing
China’s Private Oil Refiners Face Shakeup Amid Import Quotas, Tax Changes

China’s Private Oil Refiners Face Shakeup Amid Import Quotas, Tax Changes

China's SOEs Are About to Crush the Nest of Private Oil Refineries Amid Quotas, Tax Hikes. A major market reshuffle…

Aug 16, 2018
Wang Shifeng
China’s Banks See First-Half Bad Loan Ratios Climb as Hidden Risks Are Exposed

China’s Banks See First-Half Bad Loan Ratios Climb as Hidden Risks Are Exposed

The non-performing loan ratio of Chinese banks rose slightly at the end of June after staying stable for five consecutive…

Aug 14, 2018
Song Yikang
China's Carmakers, Dealers Slug It Out Over Slackening Sales

China's Carmakers, Dealers Slug It Out Over Slackening Sales

Automakers and car dealers are supposed to be close partners within the auto sector chain. However, the mutually-reliant relationship has…

Aug 14, 2018
Yang Haiyan
Dongfeng, FAW, Chang'an Automobiles Align to Assay Smart NEVs

Dongfeng, FAW, Chang'an Automobiles Align to Assay Smart NEVs

Dongfeng, FAW, Chang'an Automobiles Align to Assay Smart NEVs. China’s three state-owned automakers First Automobile Works (FAW), Dongfeng Automobile and Chang'an…

Aug 7, 2018
Wu Ziye
Revenue of Larger Web Firms Rises Over 20% to USD61 Billion

Revenue of Larger Web Firms Rises Over 20% to USD61 Billion

Revenue of Larger Web Firms Rises Over 20% to USD61 Billion. China's internet field grew rapidly in the first half,…

Aug 2, 2018
Xu Zuwei & Tang Shihua
Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours

Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours

Major Chinese electric vehicle charging service provider Qingdao TGOOD Electric has provided a record 1 billion-plus kilowatt-hours of charging services for domestic EVs.

Jul 3, 2018
Tang Shihua
Renaissance EMU High-Speed Train Carries 41.3 Million Riders in First Year

Renaissance EMU High-Speed Train Carries 41.3 Million Riders in First Year

China’s self-developed high-speed train the Renaissance EMU has been in operation for one year now and has transported 41.3 million…

Jun 28, 2018
Tang Shihua
Gree Will Post USD31.50 Billion Revenue This Year, Chairwoman Says

Gree Will Post USD31.50 Billion Revenue This Year, Chairwoman Says

Gree Electric Appliances Inc. of Zhuhai, the world’s largest air conditioner manufacturer, aims to post revenue of CNY200 billion (USD31.50 billion) this year, said Dong Mingzhu, its chairwoman.

May 17, 2018
Wang Zhen