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Jing Xuan TENG

'Joint venture in reverse': foreign carmakers seek edge with China partners

'Joint venture in reverse': foreign carmakers seek edge with China partners

In a sprawling office in Hefei, the eastern Chinese electric vehicle hub, hundreds of employees and several robotic arms sat refining software developed jointly by German behemoth Volkswagen and Chinese EV maker XPeng. The days when foreign firms saw such partnerships largely as a necessary entrance fee to the world&

Taiwan opposition leader makes rare visit to China

Taiwan opposition leader makes rare visit to China

Taiwan's main opposition leader landed in China on Tuesday for a rare visit aimed at building cross-strait "peace", as the Taipei government warned Beijing would seek to stop US arms sales to the democratic island. Kuomintang (KMT) chairwoman Cheng Li-wun, who is the party&

Chinese consumers scout lower prices, secondhand goods as spending sputters

Chinese consumers scout lower prices, secondhand goods as spending sputters

In a Shanghai shopping centre, customers browsed racks of used winter coats, $2 trousers and household appliances -- pre-used items that would have been out of place in a major Chinese mall a decade ago. But these days, stagnating wages, youth unemployment and a years-long property crisis are making