Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…
China
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European investors give China the cold shoulder
Following street protests in late November, Chinese authorities dismantled most lockdown and testing restrictions, and from this month visitors to China will no longer need to endure arduous quarantines. It…
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ChinaEconomyInvestmentTechnology
Investments are set to flow back into China as tech giants avoid U.S. delisting
by Leon Hussainby Leon HussainInvestors could regain the confidence to put their money in Chinese tech stocks as these companies avoid delisting from U.S. stock exchanges and the Chinese government pledges policy support, according…
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Apple: iPhone shipments delayed over China Covid lockdown
Apple has warned shoppers to expect delays in receiving its products after a strict Covid lockdown forced the world’s largest iPhone factory to shut. The tech giant said its assembly…
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Foreign consumer-focused investment firm launches first yuan-denominated fund to raise 2 billion yuan
L Catterton, the private equity firm backed by luxury giant Louis Vuitton Moet Hennessy (LVMH), said it aims to raise 2 billion yuan ($274 million) in its first yuan-dominated fund…