Showing 1 - 10 of 10
China doubles cash subsidies to propel EV sales as economic growth falls short
South China Morning Post, Published on 26/07/2024
» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
China's flagship airline boosts home-grown jet, challenging Boeing
South China Morning Post, Published on 30/04/2024
» HONG KONG: Air China's eye-catching agreement to buy 100 domestically made C919 jets is expected to turn heads overseas and further elevate interest in the relatively new planes as the reputation of rival Boeing has been grounded by safety concerns.
Chinese buyers benefited from Hong Kong's property curbs removal
South China Morning Post, Published on 26/03/2024
» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.
China spotlights drones at Saudi defence show
South China Morning Post, Published on 09/02/2024
» RIYADH - Drones took centre stage as Chinese arms contractors attempted to lure buyers at a defence exhibition in the Middle East amid escalating conflict in Gaza and the Red Sea.
China Vice-Premier He Lifeng to visit US this week as ties shine at Shanghai expo
South China Morning Post, Published on 07/11/2023
» Vice-Premier He Lifeng will visit the US later this week in yet another sign of improving bilateral relations that comes as senior US officials and business delegates are taking an optimistic outlook on cooperation at a key import exhibition in Shanghai.
When will Hong Kong property prices recover? Not any time soon
South China Morning Post, Published on 04/08/2023
» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.
Chinese EVs smash monthly sales records
South China Morning Post, Published on 02/08/2023
» Three of China's top electric vehicle (EV) start-ups reported record monthly sales in July, as a release of pent-up demand in the world's largest market for battery powered cars continues.
Price war started by Tesla, BYD sends Chinese auto stocks into nosedive in sign of fragile consumer sentiment
South China Morning Post, Published on 13/03/2023
» Traders have been abandoning Chinese auto stocks as a price war started by Tesla and BYD spread across the whole industry, a sign of weak consumer sentiment amid pessimism about the pace of economic recovery.
'Lucky' car number plate with letter 'R' sells for HK$25 million at auction in Hong Kong
South China Morning Post, Published on 13/02/2023
» A personalised car number plate featuring just the letter "R" has fetched more than HK$25 million (US$3.18 million) at a government auction, the second highest paid in Hong Kong.