Reuters Asia Business

BEIJING (Reuters) -China will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas, Premier Li Qiang told an audience of global CEOs and Chinese policymakers on Sunday. “We cordially welcome companies from all countries to invest in China and deepen their foothold in China,” Li …

China plans new rules on market access, data flows Premier Li tells global CEOs Read More »

By Andrea Shalal (Reuters) – The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to developing countries, World Bank President Ajay Banga said. Banga, speaking at the China Development Forum early Sunday, China time, said the …

World Bank to share more data to attract private investors to developing countries Read More »

(Reuters) -Didi Global, China’s largest ride-hailing company, on Saturday reported a fourth-quarter profit, indicating that the Chinese ride-hailing leader has gradually recovered from difficulties after prolonged regulatory scrutiny. Didi Global reported net income attributable to shareholders of 818 million yuan ($113.15 million) in the three months ending Dec. 31, compared with a loss of 953 …

China’s Didi swings to profit in fourth quarter Read More »

By Daina Beth Solomon and Alexander Villegas SANTIAGO (Reuters) – China’s Tianqi Lithium Corp on Friday urged Chile’s SQM to hold a shareholders vote over a lithium deal under discussion with state-run copper miner Codelco, and criticized a lack of clarity in the negotiations. Tianqi holds about a 20% stake in SQM, which is ironing …

Tianqi seeks shareholder voting power in Chile’s SQM-Codelco lithium deal Read More »

BEIJING (Reuters) -China’s cyberspace regulator on Friday issued rules to facilitate and regulate cross-border data flow, clarifying reporting standards for security assessments of important data exports. Data collected and generated in activities such as international trade and cross-border transportation that do not contain personal information or “important data” will be exempt from declaration, the Cyberspace …

China relaxes security review rules for some data exports Read More »

(Reuters) -Leapmotor electric vehicles (EVs) will be built at partner Stellantis’ Tychy plant in Poland, two people close to the matter told Reuters on Friday, making it one of the first Chinese automakers to start production in Europe. Output of Leapmotor’s T03 small EV car could start before the end of June, using the semi-knocked …

Exclusive-China’s Leapmotor to build EVs at Stellantis’ Polish plant, sources say Read More »

AMSTERDAM (Reuters) – Neways, a key supplier to Dutch computer chip equipment maker ASML, said on Friday it will build a new plant in Klang, Malaysia. The facility will begin production in the fourth quarter of 2024, giving the company additional capacity in Asia, where it also has a plant in Wuxi, China. “Neways will …

ASML supplier Neways to build new plant in Malaysia Read More »