• WB

China gives government workers first big pay bump in a decade to boost economy

China announces unexpected wage increases for 48 million government workers to stimulate economic spending amid a slow economy, with payouts potentially reaching $20 billion.

• JD
• USD/CNY
• WB

Huawei cuts prices of a variety of high-end devices

Huawei slashed prices on various high-end devices by up to 3,000 yuan during a promotional event on JD.com, covering smartphones, headphones, watches, and tablets.

• 1211
• 2007
• WB

Factbox-What is China's Jinjiang, the BYD contractor under fire in Brazil?

Jinjiang Group faces human trafficking allegations in Brazil as BYD's construction partner, denying claims of slavery-like conditions while asserting worker dignity and safety concerns.

• 1211
• WB

BYD contractor denies 'slavery-like conditions' claims by Brazilian authorities

• BIDU
• WB

Geely, Baidu pledge to solve payroll issues facing EV venture

Geely and Baidu will assist Ji Yue Auto in resolving employee issues related to wages and welfare amidst market struggles in the EV sector.

• 1211
• TSLA
• WB

China's BYD boosts production and hiring amid Q3 growth

BYD increased production and profit significantly in Q3, hiring new staff and surpassing Tesla's quarterly revenue for the first time since stopping gasoline vehicle production.

• LCID
• NIO
• TSLA
• WB
• XIACF

Xiaomi chief touts Nurburgring record ahead of EV launch

Xiaomi's SU7 Ultra prototype sets a Nurburgring lap record, completing it in 6:46.874 seconds, marking a significant entry into the competitive electric vehicle market.

• USD/CNY
• WB

Scammers prey on young Chinese desperate for jobs in bleak economy

A mother seeks justice for her disabled son, tricked into breast augmentation by scammers, highlighting rising job-related scams amid China's youth unemployment crisis.