Business

Chinese online grocery firms Dingdong, Missfresh have a tough IPO

A driver packs delivery orders into the back of an electric motorcycle outside a Missfresh warehouse. Gilles Sabrie | Bloomberg | Getty Images GUANGZHOU, China

Business

China’s crackdown on tech firms will hurt economic growth, says analyst

The Chinese government has gone “too far” in cracking down on large technology companies — that will hurt innovation and slow down economic growth, an

Business

The U.S. is falling further behind China and Europe in EV production

U.S. President Joe Biden test the new Ford F-150 lightning truck as as he visits VDAB at Ford Dearborn Development Center in Dearborn, Michigan, May

Business

Charts show how much debt has grown

Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images China’s debt has grown dramatically over the past decade —

Business

Chinese Communist Party at age 100 confronts growing contradictions

It must be said this bluntly: the Chinese Communist Party, which turns 100 this week, represents history’s most successful authoritarians. So, why does President Xi

Business

Driverless car firm Pony.ai hires JP Morgan exec as its first CFO

Pony.ai self-driving cars run along a road during a trial run on February 1, 2018 in Guangzhou, China. VCG | Visual China Group | Getty

Business

China EV maker Xpeng to raise up to $2 billion in Hong Kong listing

A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20,

Business

China plans to send its first crewed mission to Mars in 2033

A Long March-7 Y3 carrier rocket carrying the Tianzhou-2 cargo spacecraft blasts off from the Wenchang Spacecraft Launch Site on May 29, 2021 in Wenchang,

Business

Asia may be first in, last out of the Covid pandemic, says travel services firm

A health worker prepares a vial of Chinese Sinovac vaccine against Covid-19 coronavirus disease inside a movie theatre turned into a vaccination center in Taguig

Business

Bitcoin drop below $30,000 sparks fears of another crypto winter

Jaap Arriens | NurPhoto | Getty Images Bitcoin’s brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto