Category: Business
Indonesia’s Manufacturing Gamble: Turning Trade Wars into Economic Opportunity
The relocation of Chinese factories to Southeast Asia is no longer just speculation; it is happening. Countries like Vietnam have already seen significant increases in Chinese industrial investment as companies seek alternative production bases to navigate shifting global trade dynamics.
China’s EV Maker XPeng Eyes Doubling Global Presence by Year’s End
One of China's leading electric vehicle makers XPeng plans to double the number of countries in which the company operates by the end of this year, its CEO said Saturday. Founded in 2014, XPeng is one of the Chinese firms in ...
China Says Philippine Aircraft ‘Illegally’ Flew Over Disputed Sea
Beijing accused the Philippines on Friday of "illegally" sending three aircraft into airspace over the disputed South China Sea, adding to longstanding territorial tensions between the two countries. China claims almost the entire South China Sea and has brushed off competing ...
Chinese Brands Spark Rebound in SE Asia Smartphone Market
Canalys’ latest research reveals that Southeast Asia’s smartphone market rebounded in 2024, with vendors shipping 96.7 million units – up 11% year on year after two years of decline. OPPO led the market for the first time, capturing an 18% share ...
Philippine Coast Guard Slams ‘Dangerous’ China Helicopter Manoeuvres
By Jam Sta Rosa The Philippine Coast Guard condemned "dangerous" maneuvers by a Chinese Navy helicopter on Tuesday that it said flew within three meters of a surveillance flight carrying a group of journalists over the contested Scarborough Shoal.
China Battery Giant CATL Starts Hong Kong Listing Process
Chinese battery giant CATL started the application process on Tuesday to be listed in Hong Kong and named seven banks as overall coordinators, according to stock exchange filings. CATL, which produces more than a third of the EV batteries sold worldwide, ...
Infographic: Who Are China’s Top Trading Partners in Africa?
Trade between China and Africa reached more than $295 billion in 2024, an increase of 6.1% on the previous year, according to a recent report by the Chinese customs administration. We break down the trade between the two continents in infographics. ...
Western, Chinese 5G Rivals Poised to Clash Over New Deployment in Morocco
Telecom service providers from Europe and the United States will soon face off against rivals for China over a new tender to build out Morocco's 5G network, according to a report in Africa Intelligence. The National Telecommunications Regulatory Agency will ...
The Race for Southeast Asia’s EV Crown Intensifies in 2025
Southeast Asia is revving up for an electric vehicle (EV) showdown. Thailand, Indonesia, Malaysia, and Vietnam are all vying for dominance in the region’s rapidly growing EV market, drawing investments from global automakers, especially China’s EV giants. But with shifting ...
India, China Agree to Resume Flights 5 Years After Stoppage
India and China agreed in principle on Monday to resume direct flights between the two nations, nearly five years after the COVID-19 pandemic and subsequent political tensions halted them. The announcement came at the conclusion of a visit to Beijing by ...
China Manufacturing Activity Contracts for First Time in Four Months
China's manufacturing activity shrank in January for the first time in four months, official data showed Monday, as Beijing battles to sustain the recovery in the world's second-largest economy. Policymakers have battled to reverse a post-pandemic slump driven by a crisis ...
BYD Tops Singapore’s Car Market in 2024, Surpassing Toyota as EV Sales Surge
BYD (Build Your Dreams) has become Singapore’s top-selling car brand, surpassing Toyota for the first time in 2024. The Chinese electric vehicle (EV) giant registered 6,191 cars, a 337% increase from 2023, when it sold 1,416 cars.