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BYD targets more than 2.5 million vehicle exports in 2027, brokerages say

BYD targets more than 2.5 million vehicle exports in 2027, brokerages say

BEIJING, Sept 8 (Reuters) - Chinese electric vehicle maker BYD expects overseas shipments to exceed 2.5 million vehicles in 2027, two major brokerages said on Tuesday, citing a group meeting with company management. BYD did not immediately respond to a request for comment.
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China's exports expand faster in August, underpin economic growth

China's exports expand faster in August, underpin economic growth

BEIJING, Sept 8 (Reuters) - China's export growth picked up pace last month, remaining a key driver for an economy that is still grappling with tepid domestic demand and external uncertainties.
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Rising energy costs lift China's producer, consumer inflation in August

Rising energy costs lift China's producer, consumer inflation in August

BEIJING, Sept 9 (Reuters) - China's factory-gate inflation gathered pace in August and consumer price growth quickened, driven largely by elevated energy costs tied to supply risks from the Middle East war, even as underlying domestic demand remained subdued.
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China's exports pick up in August, jumping 25% as its trade surplus widens

China's exports pick up in August, jumping 25% as its trade surplus widens

China has reported that its exports jumped 25% in August from a year earlier on strong demand for autos and high-tech goods
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Why isn't oil above $100 despite supply disruptions?

Why isn't oil above $100 despite supply disruptions?

(Corrects China's reserves to 1.17 billion barrels, not 1.7 billion, in paragraph 20) By Florence Tan SINGAPORE, Sept 8 (Reuters) - Global oil benchmark Brent crude has rallied this month but stayed below $100 a barrel despite recent escalation in the U.S.-Iran conflict that has disrupted Gulf
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Oil prices hold near six-week high after Houthis hit Saudi sites

Oil prices hold near six-week high after Houthis hit Saudi sites

By Scott DiSavino Sept 8 (Reuters) - Oil prices held near a six-week high on Tuesday after Iran-backed Houthis in Yemen attacked Saudi energy facilities, setting oil installations ablaze and threatening a major expansion of the six-month-old Middle East war.
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How does the Dongfeng Motor Group Drive Auto Growth

How does the Dongfeng Motor Group Drive Auto Growth

Dongfeng Motor Group Co., Ltd., commonly known as DFG, serves as the publicly traded subsidiary of the larger, state-owned Dongfeng Motor Corporati...
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U.S. Automotive Industry Urges Congress to Ban Chinese Cars with Communication Technology

U.S. Automotive Industry Urges Congress to Ban Chinese Cars with Communication Technology

U.S. Automotive Industry Urges Congress to Ban Chinese Cars with Communication Technology
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BYD Reports 30% Q2 Net Profit Increase Amidst Revenue Dip, Explores Canadian Plant Acquisition

BYD Reports 30% Q2 Net Profit Increase Amidst Revenue Dip, Explores Canadian Plant Acquisition

BYD Reports 30% Q2 Net Profit Increase Amidst Revenue Dip, Explores Canadian Plant Acquisition
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China insurer capital injections could boost stock investments, analysts say

China insurer capital injections could boost stock investments, analysts say

BEIJING/SHANGHAI, Sept 7 (Reuters) - Beijing's plan to inject capital into big state-owned insurers is expected to ease capital constraints and solvency pressures that have held back insurers from investing more long-term funds into the stock market, analysts said.
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Audi introduces new compact EV in bid to boost European sales

Audi introduces new compact EV in bid to boost European sales

By Gilles Guillaume PARIS, Sept 7 (Reuters) - Premium German car brand Audi on Monday introduced a new compact electric vehicle to boost its presence at the smaller end of the European market, where Chinese automakers are launching more affordable models, and help revive its global sales.
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Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins

Ahead of Xi's US visit, China's soybean crushers face high costs, weak margins

By Ella Cao, Naveen Thukral and Roberto Samora BEIJING/SINGAPORE/SAO PAULO Sept 7 (Reuters) - China's private soybean processors face a costly fourth-quarter supply squeeze as inventories tighten in top exporter Brazil and tariffs keep U.S. cargoes largely out of reach.