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Search Result for “petrol tax”

Showing 1 - 10 of 12

BUSINESS

More bookings, shorter trips: Chinese adjust to higher fuel prices for Labour Day break

South China Morning Post, Published on 23/04/2026

» HONG KONG — The number of Chinese tourists deciding to travel during the five-day Labour Day holiday at the start of next month could rival or exceed last year's headcount despite higher global fuel prices, analysts said, adding travellers were likely to prefer shorter trips to save on transport costs.

BUSINESS

China's investment bank CICC targets Southeast Asia

South China Morning Post, Published on 05/11/2025

» HONG KONG — Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East.

BUSINESS

BYD to overtake Volkswagen ventures as China's top producer

South China Morning Post, Published on 19/11/2024

» HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China's biggest carmaker in 2024 after outselling the German company's joint venture units in the first 10 months, as the growing popularity of battery-powered cars strengthens its market dominance.

BUSINESS

China's EV sector reaches 10 million production milestone, overcapacity fears deepen

South China Morning Post, Published on 15/11/2024

» China's electric vehicle (EV) sector reached yet another milestone as annual production volume surpassed the 10-million-unit threshold amid mounting worries about overcapacity.

BUSINESS

Senior executive calls for orderly Chinese expansion in Southeast Asian market

South China Morning Post, Published on 19/10/2024

» BEIJING - Chinese companies venturing into Southeast Asia, one of the hottest destinations for overseas expansion, should refrain from flooding the market with homogeneous products and services that would lead to vicious competition, a senior Chinese bank executive has urged.

BUSINESS

Hong Kong wealth gap narrows, but rival Singapore sees 23% increase

South China Morning Post, Published on 12/07/2024

» HONG KONG: Wealth inequality in Hong Kong dropped by 6% over the past 15 years but rival Singapore recorded an almost 23% increase over the same period, a report by a multinational bank has found.

BUSINESS

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.

BUSINESS

China's EV price war spreads overseas

South China Morning Post, Published on 25/05/2024

» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.

WORLD

Concerns rise over China's 1 trillion yuan EV, solar, battery exports

South China Morning Post, Published on 24/02/2024

» BEIJING - China's 1 trillion yuan (US$139 billion) exports of electric vehicles (EVs), lithium batteries and solar cells could face a new round of challenges this year, as Western policymakers have reflected "genuine anxieties" about overcapacity distorting their markets.

WORLD

China, Serbia slash tariffs in landmark trade deal

South China Morning Post, Published on 19/10/2023

» China and Serbia have agreed to remove tariffs on up to 90 per cent of each other's imported goods in a free-trade agreement signed as President Xi Jinping hailed the country as an "ironclad friend".