Shanghai-listed Transsion also facing growing competition in African market and legal challenges over intellectual property
Reliance and Google-backed Dunzo reported to have cut staff as competition intensifies
Mate XT, released hours after launch of iPhone 16, already has 5mn pre-orders
Property listings company rebuffs initial approach from company controlled by News Corp
Emerging markets also using levies to force China to build manufacturing plants within their borders
Opaque payment relating to China Renaissance chair Bao Fan leaves auditors wondering how to account for it
None predicted just how fast China’s own industry would develop in the age of EVs
Merger of convenience store and petrol station chains would create one of the largest retail groups in America
Biden administration opposes Japanese company’s proposed $15bn takeover, which has become an election issue
Chinese retail investors are a formidable force and known for their enthusiasm for tech names
Legal challenge is latest blow to Indian conglomerate’s efforts to expand overseas presence
Leadership switch comes as accounting firm faces punishment over audit of failed developer Evergrande
Size of potential takeover likely to spark antitrust concerns in both US and Japan but deal makes sense for Couche-Tard
Shares in Seven & i rise on hopes of improved offer from Canada’s Alimentation Couche-Tard
Tourist attraction 50km from site of Fukushima nuclear plant includes world’s largest onsen and hula-dancing troupes
Costly projects approved under Sheikh Hasina have left interim government ‘firefighting’, top energy official says
Some offers presented this week may include payment structures contingent on the state of Grosvenor, say bankers
Shanghai’s Energy Singularity looks to raise $500mn to develop clean energy breakthrough using locally sourced materials
The Chinese online retailer has made inroads among low-income shoppers
Supply of processors helps Chinese start-ups advance artificial intelligence technology despite Washington’s restrictions
All-shares deal comes against backdrop of weak markets and government pressure to consolidate financial sector
Japanese company says Canadian rival ‘grossly undervalues’ group with proposal of close to $15 a share
Special committee reviewing the bid views the offer as insufficient and is concerned about regulatory risk
Police reportedly probing five current and former employees over infringement of data privacy laws
Biden’s plan to block US Steel acquisition dashes hopes money might beat politics