Chinese automakers stand out at Geneva

At the 2024 Geneva Motor Show which concluded on Sunday, Chinese automakers, driven by a desire to expand their global presence, showcased products and technologies and took the spotlight at one of Europe’s premier auto shows. SAIC Motor’s MG and IM brands showcased 10 electric models, including world premieres of the IM L6 sedan and […]

Xi vows to strengthen economic recovery after ‘tough’ year

BEIJING – Chinese President Xi Jinping pledged to strengthen economic momentum and job creation, acknowledging that some companies and citizens had endured a difficult 2023 in a rare admission of domestic headwinds facing the country.While China’s most-powerful leader since Mao Zedong used his annual New Year address to trumpet his nation’s achievements, he also conceded […]

The numbers behind China’s renewable energy boom

BEIJING, Nov 15 (Reuters) – China and the U.S. have agreed to back a global target to triple global renewable energy capacity by 2030, the two superpowers said in a statement on Wednesday, two weeks before nearly 200 countries meet for the COP28 climate conference. The two agreed to “accelerate the substitution for coal, oil […]

China Power Engineering Group Sees Enormous Renewable Energy Potential In The Philippines

A representative from China Power Engineering Consulting Group Co., Ltd. (CPECC) highlighted the Philippines’ significant potential in renewable energy (RE) during the Philippine Renewable Energy Forum 2023. CPECC General Manager Chen Jiping emphasized that the Philippines possesses substantial untapped wind and solar energy resources. The forum centered on advancements in cutting-edge technologies in the RE […]

Column: China’s PMI stays sluggish, but commodity imports are still robust

LAUNCESTON, Australia, Aug 31 (Reuters) – China’s manufacturing activity turned in another soft performance in August, contracting for a fifth straight month, and adding to the view that the world’s second-largest economy is struggling to reignite growth. But while the economic data has been weak, China’s imports of most major commodities have been largely unaffected, […]

Can anyone challenge China’s EV battery dominance?

Designed to look like its lithium-ion cells, CATL’s headquarters towers over its surroundings in Ningde, eastern China. The group’s low-cost batteries, which power one in three electric vehicles worldwide, have made the coastal city a must-visit destination for any auto executive thinking about affordable next-generation cars. Its 18,000 research staff, along with an R&D budget […]