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Daniel Ren
Shanghai Bureau Chief
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Daniel Ren is the SCMP's Shanghai bureau chief. A Shanghai native, Daniel joined the SCMP in 2007 as a Business reporter.
Areas of Expertise:
China business, finance and marketsLanguages Spoken:
English, Mandarin
After years of competing with Tesla in electric vehicles and self-driving technology, Chinese manufacturers are targeting humanoid robots.
Car batteries that charge in under 7 minutes, innovations in renewable-energy storage – Chinese advances make alternatives to fossil-fuel power more appealing.
Domestic brands surge on fresh incentives and better batteries, while foreign carmakers fail to sustain their earlier market share.
‘Eye-catching’ numbers show efforts paying off amid growing brand recognition abroad and tepid sales at home, analysts say.
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Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum.
Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.
Plan for 2026 to 2030 includes upgrades to pipelines, drainage, dilapidated homes, and facilities for education and elderly care.
New models from carmakers including Nio and Seres also challenge Tesla’s bestselling Model Y and cars from luxury German marques.
Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says.
City tops cross-border wealth on IPO surge and mainland China inflows, as Singapore and US trail in consultancy’s global rankings.
Ratings agency highlights Zijin’s project pipeline and cost discipline as the miner accelerates global expansion in copper and gold.
Big-name fast-food chains are seeking to capitalise on a surge in demand in China for lighter meals.
Some firms have scrapped investment plans to ‘restart from scratch’ after difficulty securing property, researcher says.
State-owned firm banks on intelligent manufacturing, green technology, product integration and digital services to boost sales overseas.
Unprofitable real estate firms see shares soar after buying into silicon assets, and analysts weigh whether it is a safe bet or banking on a big bailout.
Bank sees strong demand for Chinese AI, robotics and healthcare listings despite SpaceX’s projected record-breaking IPO in the US.
International investors remain interested in Hong Kong tech listings due to attractive valuations, UBS and JPMorgan say.
Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.
Nio and Li Auto take different approach to pricing new models, with one executive praising ‘reasonable’ carmakers that raise prices.
The EV maker has embarked on mass production of robotaxis using its own chips and plans to trial the tech before the end of the year.
City authorities point at the need to lure foreign firms, while emerging sectors are expected to generate a trillion-yuan boost over the next 5 years.
SHKP generated more than HK$1 billion after the sale of the 154 flats at Lime Spark last week.
Peugeot and Jeep are following in the footsteps of Hyundai Motor’s Ioniq to regain lost ground in mainland China.
BYD, the world’s largest electric car maker, says it is in talks with Stellantis about using European marques’ idled assembly facilities.
Collaboration with Chinese suppliers ‘the only way international carmakers can compete with Chinese carmakers’, Morgan Stanley analyst says.
US President Donald Trump’s entourage for his three-day trip to China includes Tesla CEO Elon Musk and Tim Cook of Apple.
Amid surging demand for electrification and a worldwide energy crisis, domestic carmakers can benefit from the stepped-up ‘go-global’ drive.
All 154 units at the Lime Spark project sold out as of 4.30pm, while 93 per cent of 158 flats available at Highwood Phase 2 found buyers.
Hangzhou carmaker’s overseas strategy highlights how Chinese brands are leveraging idle plants to scale globally while easing trade barriers.
