China's manufacturing sector expands in April as production restoration quickens

China's manufacturing sector expands in April as production restoration quickens

China's manufacturing sector continued to expand in April as the resumption of work and production accelerated, official data showed Thursday.

Macro

Economic Watch: China nurtures greener growth

Economic Watch: China nurtures greener growth

While skies are clearer during the epidemic amid subdued human activities, China is determined to keep the tint of blue on the dome as it propels economic recovery while paving the way for long-term growth.

Financials

Companies

Huawei's chip division overtakes Qualcomm as China's biggest supplier in Q1

Huawei's chip division overtakes Qualcomm as China's biggest supplier in Q1

Huawei's Hisilicon chip unit overtook U.S. semiconductor giant Qualcomm to be the biggest mobile phone chip supplier in China for the first time, latest report showed Wednesday.

Chinese automaker BYD projects profit growth for H1

Chinese automaker BYD projects profit growth for H1

China's leading new energy vehicle (NEV) manufacturer BYD Company Limited expected net profit for the first half to grow 10 percent to 23.75 percent despite a weak performance in the first quarter.

Tesla to build 4,000 Model 3s per week in Shanghai by mid-2020

Tesla to build 4,000 Model 3s per week in Shanghai by mid-2020

The production rate of Tesla's Model 3 sedans in its Shanghai gigafactory will top 4,000 units per week by mid-2020, the U.S. electric carmaker said on Thursday.

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