China's inflation rebounds in March, easing deflation fears

China's inflation rebounds in March, easing deflation fears

With consumer prices rebounding solidly in March and producer prices notching its first acceleration in nine months, market fear over deflation risks of Chinese economy has been largely abated.

Macro

China spends big on IPR royalties, values innovation more

China spends big on IPR royalties, values innovation more

China has been lavishing money on IPR royalties with a 20-year streak of double-digit growth amid efforts to close a longstanding gap in technology and innovation.

In-depth

Companies

BAIC sells 573,000 vehicles in Q1

BAIC sells 573,000 vehicles in Q1

Beijing Automotive Group Co., Ltd. (BAIC) announced that it had sold 573,000 vehicles in the first quarter of 2019, up 3.7 percent year on year.

Beijing Benz recalls 1,925 cars over airbag problem

Beijing Benz recalls 1,925 cars over airbag problem

Beijing Benz Automotive Co. will recall 1,925 Mercedes-Benz vehicles as of May 31, 2019, due to defective airbags.

Coffee startup Luckin expands to more Chinese cities

Coffee startup Luckin expands to more Chinese cities

Chinese start-up Luckin Coffee said Wednesday that it had opened new stores in 14 more Chinese cities, as it sets to compete with coffee giant Starbucks in the Chinese market.

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