Economy

China EVs

China’s oldest carmaker FAW buys US$534 million stake in EV assembler Leapmotor

‘Leapmotor aims to achieve annual deliveries of 4 million units a year in 10 years’ time,’ founder and CEO Zhu Jiangming says.

Tariffs, truces and Trump: key developments in US-China trade war in 2025

China sets yuan fixing rate at 15-month high amid offshore gains

The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal factors for rally.

No more empty trains: China tightens rules on subway expansions to curb debt

Rich hubs, including Ningbo and Suzhou, are hitting regulatory roadblocks as the central government prioritises fiscal discipline over infrastructure-led growth.

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OPINION
Nicholas Spiro

The View | How AI helped Asia’s real estate sector pass the tariff stress test

Nicholas Spiro
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Shares in Baby Shark creator soar on IPO debut

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