Topic
china-business
10 stories related to this topic, newest first.
rte.ieworld37 days ago
Stellantis and Dongfeng Sign $1.2 Billion Deal to Produce Peugeot and Jeep Vehicles in China
Stellantis and its longtime Chinese partner Dongfeng have signed a $1.2 billion agreement to manufacture Peugeot- and Jeep-branded vehicles in China. The automakers said the deal hints at future expanded cooperation between the two companies. The announcement comes as Stellantis…
Financial Timesfinance38 days ago
Schroders to Sell China Mutual Funds Business to Nuveen in £10bn Deal
Schroders is exiting its China mutual funds business three years after entering the market. The London-listed asset manager is being acquired by US-headquartered Nuveen in a £10bn transaction. The move reflects challenges in the Chinese asset management sector.
pandaily.comworld39 days ago
CATL-linked Companies Agree to Buy up to 38% Stake in Chinese Data Center Operator VNET for up to $942 Million
The transaction, valued at up to $942 million, involves purchasing the stake from an existing shareholder. VNET operates data centers across China. The deal marks a significant investment by entities connected to the battery manufacturer CATL.
livemint.comfinance41 days ago
Geely-Controlled Manufacturer Cuts Sales Target and Launches Revival Strategy
The chief executive of a manufacturer controlled by China’s Geely has cut its sales target while unveiling a new strategy aimed at reviving the struggling company. Financial Times reported the moves in an article published on Tuesday. The announcement marks the latest effort to s…
Financial Timesfinance43 days ago
Chinese Bubble Tea Chain Mixue Plans Expansion to 500-1000 Stores in Brazil by 2030
Mixue, which operates more stores globally than McDonald's, opened its first location in Brazil last month and aims for significant growth there. The company has more than 60,000 outlets worldwide, mostly in China, and is building international supply chains after launching in th…
finance.yahoo.comai44 days ago
ByteDance Raises 2025 AI Infrastructure Budget to 200 Billion Yuan
ByteDance has raised its planned spending on AI infrastructure for this year by 25 percent to 200 billion yuan. The increase comes as memory chip costs continue to rise. The South China Morning Post first reported the revised figure.
FI
South China Morning Postworld44 days ago
Leapmotor to Produce Electric Vehicles at Stellantis Plant in Spain
Chinese EV maker Leapmotor has agreed with Stellantis to add a production line at a Spanish plant in Zaragoza that was previously planned for Opel vehicles. The companies will jointly manufacture Opel-branded fully electric C-SUVs and B10 models at the Figueruelas facility, with…
benzinga.comfinance46 days ago
Wecare Probiotics Files for Hong Kong IPO
Wecare Probiotics Co. Ltd., based in Suzhou, China, filed last week for a Hong Kong initial public offering. The company ranked third globally and first in Asia by probiotic raw powder production volume in 2025. Overseas sales accounted for 40.2% of its revenue last year.
news.ycombinator.comai46 days ago
DeepSeek Approaches $45 Billion Valuation
DeepSeek, a Chinese artificial intelligence company, is nearing a valuation of $45 billion. The development was reported by the Financial Times. The increase reflects growing interest in Chinese AI capabilities.
SP
insidermonkey.comworld56 days ago
China's Li Auto Signs Distribution Deals in UAE and Saudi Arabia for Middle East Expansion
Li Auto, a Beijing-based electric vehicle maker, signed agreements with distributors in the United Arab Emirates and Saudi Arabia on Saturday to expand its premium SUVs into the Middle East. The company also targets Asia-Pacific markets, expecting overseas deliveries to reach 30…