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Yilei Sun

China's Xi says Belt and Road must be green, sustainable

6:01am BST

BEIJING China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, adding that the massive infrastructure and trade plan should result in "high quality" growth for everyone.

Volkswagen plans electric vehicle plant with JAC in China - local government

25 Apr 2019

BEIJING German automaker Volkswagen AG's joint venture with China's Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan (£582.69 million) in a new electric car factory in eastern Hefei city, according to local authorities.

Model S fire video adds to Tesla woes pre-results

22 Apr 2019

SHANGHAI Video of a parked Tesla Inc Model S exploding and a Wall Street downgrade of the electric carmaker's stock pushed shares down 4 percent on Monday, as it prepared to issue results for a troubled first quarter. Brokerage Evercore cut its recommendation on shares of the Silicon Valley company to "sell", becoming the twelfth brokerage to ask investors to abandon billionaire Elon Musk's venture and raising bearish sentiment to its highest ever.

RPT-AUTOSHOW-China EV maker Byton says business as usual despite management upheaval

18 Apr 2019

SHANGHAI, April 18 Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the end of this year.

China EV maker Byton says business as usual despite management upheaval

18 Apr 2019

SHANGHAI Chinese electric vehicle (EV) maker Byton, which is facing a management shake-up and questions about funding an expansion, said it has received over 50,000 orders globally for its new SUV model and plans to start production at the end of this year.

RPT-FOCUS-No-frills no longer: GM's China brand Baojun attempts a major makeover

17 Apr 2019

* Baojun grew rapidly by selling no-frills cars in smaller cities

No-frills no longer: GM's China brand Baojun attempts a major makeover

17 Apr 2019

LIUZHOU, China/BEIJING By many measures, General Motors' China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas.

China auto sales drop at smallest pace in seven months, tax cuts help

12 Apr 2019

BEIJING China's auto sales fell again in March but the pace of decline was the smallest in seven months, industry data showed, as car makers reduced retail prices to boost business after Beijing handed out tax cuts to spur consumer spending.

China auto sales drop at smallest pace in seven months, tax cuts help

12 Apr 2019

BEIJING China's auto sales fell again in March but the pace of decline was the smallest in seven months, industry data showed, as car makers reduced retail prices to boost business after Beijing handed out tax cuts to spur consumer spending.

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