China

MAD tops “clover-like” conference centre in Beijing with green roof

Global architecture studio MAD has unveiled ZGC International Innovation Center in Beijing, which features a curving green roof with rippled overhangs. Located in the Haidian district, the 65,000-square-metre conference centre has an organic shape with rounded, petal-like corners that extend…

Second Chinese drugmaker seeks approval for Ozempic generic

By Andrew Silver SHANGHAI (Reuters) – A second Chinese drugmaker has applied for approval to sell a generic version of Novo Nordisk’s blockbuster diabetes drug Ozempic in China. Livzon Pharmaceutical Group said this week its subsidiary was seeking approval to…

China’s EV makers return to fast lane helped by government subsidies tailwind

China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…

China’s EV makers return to fast lane as government subsidies provide tailwinds

China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…

China’s EV makers return to fast lane as government subsidies provide tailwinds

China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…

AI computing pushes Taiwan’s geopolitics-weary tech sector into party mode

Taiwan has a complete suite of components and equipment to build these devices, as well as the global recognition that its supply chain will react to widespread consumer demand, according to people in the tech sector. “You can see AI…

Why China is winning the EV war

The Biden administration has a climate goal that 50 percent of all new car sales in the US will be electric by 2030. Meanwhile, China already reached that milestone this year, in 2024. Over the past decade, China has pulled…

EV maintenance costs remain high, frustrating buyers and automakers as sales continue to lag behind expectations

A new report from auto insurance analytics company Mitchell shows that repairable EV insurance claims have increased by 40% since this time last year, following the trend of growth in the number of electric cars on the road—but average repair…

Exclusive-EV maker Nio gets regulatory nod for third factory in China, sources say

SHANGHAI (Reuters) – Electric vehicle maker Nio has won approval to build a third factory in China that would boost its total approved production capacity to 1 million cars, almost at par with Tesla’s massive Shanghai plant, three people with…

Going bananas? China office workers fight blues by nurturing desktop fruit

Burned-out young workers in China have found yet another novel way of alleviating workplace stress – cultivating bananas in the office. Employee cultivators of the fruit describe the process by which it ripens as “stop banana green”, or ting zhi…