Xiaomi's SU7 model EV offers performance equal to or better than that of their much pricier American and European competitors.
Automobiles

China's Xiaomi jumps into EV market battle with gusto

Smartphone maker hopes to turn 'Apple Car' idea into reality

15 April 2024
A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building in Beijing. The watchdog is stepping up oversight of IPOs.
IPO

China IPOs slow as strict 'broker butcher' rules kick in

India beat Shanghai and Shenzhen in Q1; Hong Kong barely made top 10

15 April 2024
Indian Prime Minister Narendra Modi, center, wearing a saffron cap, on the election campaign trail near Delhi on April 6. He is aiming for a third-straight term as head of the world's biggest democracy.
Your Week in Asia

India votes, China GDP and Germany's Scholz meets Xi in Beijing

Your weekly lineup of Asia's biggest business and political events

14 April 2024
One of the unfinished 'ghost buildings' in Sihanoukville, Cambodia.  (Photo by Hiroki Endo)
Property

Chinese exodus leaves Cambodia boomtown with 500 'ghost buildings'

Sihanoukville saddled with unfinished projects due to casino clampdown and COVID

14 April 2024
Stream article image
14 April 2024
A Dongfeng-Nissan joint venture dealership in Beijing. China's auto partnerships with foreign brands are losing market share, as local players like BYD catch the wave of electrification.
Automobiles

China's foreign auto joint ventures lose luster under EV onslaught

Weaker earnings spotlight state players' overreliance on likes of Nissan, Honda

13 April 2024
A worker helps operate a gas field in Uzbekistan in June 2023. Methanol obtained from natural gas can be used to churn out raw materials for products ranging from plastics to films.
Economy

Uzbekistan chases chemical hub dream with Chinese polymer tech

Nation aims to export value-added products made from its natural gas

13 April 2024
Wanda Plaza is the largest mall chain in China by far, with a total floor space five times as large as its next-biggest rival. (Photo by Kohei Fujimura)
China debt crunch

China developer Wanda loses crown jewel mall unit in survival fight

Wang Jianlin's influence diminishes with $8bn-plus deal involving outside investors

13 April 2024
Pumpjacks sit atop an oil field in Heilongjiang province, China.
Energy

China slowdown will lead to global oil glut in 2025: IEA

Decarbonization and surging oil prices also weigh on demand

13 April 2024
Containers and cargo vessels are pictured at the port of Qingdao in China's Shandong province. (China Daily via Reuters)
Trade

China exports decline by 7.5%, far more than forecast

Imports down 1.9% in dollar terms as March data overshadows positive factory signals

12 April 2024
QR code payment services have spread rapidly in Asian countries
Retail

Japan to collaborate on Chinese payment services with joint QR code

Industry aims to start mutual use in Southeast Asia, India by Osaka 2025 Expo

12 April 2024
Indian commuters outside New Delhi: Even with recent urbanization, only about 35% of the country's population lives in cities.
Opinion

India's economy can overtake China's if it can stay on track

But complacency toward reform and trade links could haunt New Delhi

12 April 2024
Russian Foreign Minister Sergey Lavrov, third from left, attends a meeting with Chinese President Xi Jinping, center, in Beijing on April 9. (Russian Foreign Ministry Press Service via AP)
International relations

China counters closer U.S.-Japan-Philippines ties with diplomatic flurry

Beijing shows 'it also has friends' in North Korea, Russia, Vietnam, ex-Taiwan leader

12 April 2024
(Source photos by screenshot from Huawei’s website)
Technology

Huawei says it will start selling PCs powered by Intel's AI chip

MateBook X Pro features HarmonyOS and Pangu LLM, both developed in-house

11 April 2024
French President Emmanuel Macron, right, has tried to build personal rapport with China's Xi Jinping. Last April, they spent seven hours together in China.
Opinion

Germany and France have to form a common front toward China

Insubstantial Ukraine pledges will not justify watering down trade complaints

11 April 2024
Shipping containers stacked at the port of Guangzhou in China.
Caixin

Ex-head of China's Guangzhou Port in custody amid anti-graft probe

Port operator inspects construction projects carried out during Li Yibo's tenure

11 April 2024
A vegetable vendor attends to customers at a market in Beijing.
Economy

China consumer price growth slows, renewing deflation fears

March CPI rose just 0.1% while producer price contraction deepened by 2.8%

11 April 2024
Huawei is spending billions on a research and development base in Shanghai as part of efforts to counter a U.S. crackdown. (Official WeChat account of Qingpu District, Shanghai Municipality)
Semiconductors

Huawei building vast chip equipment R&D center in Shanghai

China tech company spending billions, snapping up talent in battle against U.S. crackdown

11 April 2024
A Cosco Shipping container ship at the Yangshan Deep Water Port in Shanghai. (cnsphoto via Reuters)
Economy

China to cap 'healthy' developing Asia's growth in 2024, says ADB

Second-largest economy's downturn could bring 'spillovers to trading partners'

11 April 2024
The new show will walk fans through Studio Ghibli's history. (Photo by Tomoko Wakasugi)
Media & Entertainment

Studio Ghibli exhibit goes to Shanghai as latest hit opens in China

Alibaba-backed attraction woos fans, building on success of 'The Boy and the Heron'

11 April 2024
Chinese President Xi Jinping and former Justice Minister Tang Yijun. Xi's crackdown on political foes might be morphing into a purge of old allies. (Nikkei montage/Source photos by Getty Images, Kyodo, and Yusuke Hinata)
China up close

Analysis: Xi Jinping's latest purge hints property crisis has reached inner circle

Former justice minister with possible links to Evergrande under corruption investigation

11 April 2024
A worker in Chile checks a shipment of copper bound for Asia. China is the world's largest consumer of the metal.
Commodities

Copper hits 1-year high amid economic green shoots in China

Signs of manufacturing recovery on strong U.S. demand buoy metals and stocks

11 April 2024
Thailand has been courting foreign investment to grow its EV industry.
Automobiles

Thailand smiles at both Taiwan and China as it courts EV investment

Delta Electronics, BYD among companies betting on Southeast Asia's top auto producer

11 April 2024
Jack Ma, the founder of Alibaba, speaks at an event in France in 2019.
Companies

Jack Ma memo backs Alibaba reforms, urges staff to grasp AI opportunity

Founder, who has kept low profile of late, praises current execs despite struggles

10 April 2024
In this image taken from video by Taiwan's TVBS, Chinese President Xi Jinping at right greets Taiwan's former President Ma Ying-jeou in Beijing on April 10. (TVBS via AP)
Taiwan tensions

China's Xi meets Taiwan's ex-leader Ma amid cross-strait tensions

Critics slam opposition KMT politician's tour for playing into Beijing's hands

10 April 2024