- South China Morning Post
Electric vehicles: China's GAC Aion shifts up a gear in Hong Kong with ambitious sales target, new models in pipeline
Chinese state-owned carmaker Guangzhou Automobile Group (GAC) said it plans to intensify its push into Hong Kong's electric vehicle market by setting itself an ambitious target of 4,000 sales in the city by the end of this year. GAC Aion, the electric vehicle (EV) unit of GAC, the Chinese partner of Toyota and Honda, aims to meet this target by introducing more new-energy car models to the city's drivers later in the year, according to Coleman Cheung, general manager of Harmony Motor Aion in Hon
- South China Morning Post
Alibaba e-commerce unit's latest executive reshuffle sees veterans retire as younger leaders take over
A number of high-ranking executives at Taobao and Tmall Group have retired, paving the way for a younger generation of leaders to take the reins of Alibaba Group Holding's core e-commerce unit, as competition heats up with rivals such as PDD Holdings' Pinduoduo and ByteDance-owned Douyin. Senior executives that include Wang Hai, Liu Peng, Yu Feng and Wang Mingqiang retired from Taobao and Tmall Group on May 1, according to Chinese media reports on Wednesday. Their exit comes several months after
- South China Morning Post
China-US relations: defence ministers Dong and Austin hold 'positive, practical and constructive' meeting, says Beijing
The Chinese and US defence ministers held a bilateral meeting on the sidelines of the Shangri-La Dialogue in Singapore on Friday, the first in-person meeting between ministers since 2022. Senior Colonel Wu Qian, a spokesman for China's defence ministry, said the bilateral meeting between Dong Jun and Lloyd Austin was "positive, practical and constructive" communication at the strategic level. He said that during the meeting, the two exchanged views, including on relations between the two militar
