China Economic Review

Chinese online retailer Temu has been fined €200 million ($232 million) for not doing ​enough to stop the sale of illegal products, reports Reuters. Further penalties could follow in the coming months as a result of a nearly two-year investigation under the Digital Services Act that requires large online companies to do more to tackle illegal […]

EU investigates JD.com’s $2.6 BN bid for Germany’s Ceconomy The European Commission is launching an in-depth investigation into Chinese e-commerce giant JD.com’s €2.2 billion ($2.6 billion) bid to acquire German electronics retailer Ceconomy, reports the South China Morning Post. This comes amid mounting tensions between Brussels and Beijing. A preliminary in...

BYD has set its sights on achieving zero traffic accidents through self-developed autonomous driving technology, reports the South China Morning Post. This comes as the world’s largest EV maker aims to assemble next-generation cars affordable for mass consumers. Founder and chairman Wang Chuanfu told a press conference in Shenzhen on Thursday that BYD’s “God’s Eye” adv...

Leading Chinese autonomous driving startups are expanding their robotaxi fleets despite a temporary regulatory tightening sparked by a mass vehicle failure in March, reports Caixin. Pony.ai reported a fleet of more than 1,700 vehicles as of May 24, up by roughly 250 cars from two months earlier. The company also upgraded its 2026 fleet target from […]

China’s commitment to buy 200 Boeing jets during the recent visit by US President Donald Trump will ‌be firmed up later this year and is only an “initial tranche” of a potentially far bigger deal, reports Reuters citing the planemaker’s CEO Kelly Ortberg. Investors had expressed disappointment over the size of the deal, which was ...