Edition:
United Kingdom

Adam Jourdan

At China port, tariff drop a salve for hard-hit traders of American cars

10 Jan 2019

TIANJIN, China/SHANGHAI In the Chinese port city of Tianjin, gray market traders of American-made cars, badly stung by a scything trade war and punitive tit-for-tat tariffs, are scrambling to take advantage of an opportunity they fear may prove only temporary.

Exclusive: China's HNA touts assets for sale as funding crunch intensifies

08 Jan 2019

BEIJING/SHANGHAI China's indebted HNA Group met bankers on Tuesday to tout the latest assets that the sprawling conglomerate is putting on the block as it looks to raise funds and stave off an intensifying cash crunch.

Tesla CEO Musk breaks ground at Shanghai Gigafactory to launch China push

07 Jan 2019

SHANGHAI/BEIJING Tesla Inc broke ground on Monday for its Shanghai Gigafactory where it plans to begin making its Model 3 electric vehicles (EV) by year-end, a first step in localising production in the world's largest auto market. | Video

China's Geely sees sales growth evaporating as car market struggles

07 Jan 2019

BEIJING China’s most globally high-profile and successful carmaker, Geely, is forecasting flat sales this year, a sharp slowdown from 2018 as the country's giant auto market struggles with slowing economic growth and more cautious consumers.

Apple cuts sales forecast as China sales weaken; iPhone pricing in focus

03 Jan 2019

SAN FRANCISCO/BENGALURU/SHANGHAI Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations. | Video

Coffee startup Luckin plans to overtake Starbucks in China this year

03 Jan 2019

BEIJING Chinese coffee startup Luckin is aiming to open 2,500 new stores this year and overtake Starbucks Corp as the largest coffee chain by number of outlets in the world's second-biggest economy, it said on Thursday.

China's draft foreign investment law bans forced tech transfer, emphasizes reciprocity

27 Dec 2018

BEIJING/SHANGHAI China has proposed a ban on forced technology transfer and illegal government "interference" in foreign business operations, practices that have come under the spotlight in a trade dispute with the United States.

China's draft foreign investment law bans forced tech transfer, emphasises reciprocity

27 Dec 2018

BEIJING/SHANGHAI, Dec 27 China has proposed a ban on forced technology transfer and illegal government "interference" in foreign business operations, practices that have come under the spotlight in a trade dispute with the United States.

World News