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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
The world’s top lithium producer forecasts a strong turnaround as global decarbonisation and AI-driven energy storage fuel demand.
Global energy shock accelerates CATL’s upstream push as demand for EV batteries and storage systems surges.
Shanghai Gigafactory could be a ‘golden key’ to advancing Elon Musk’s hopes of commercialising the technology swiftly, Tesla China head says.
Chinese brands like Mixue, BYD, and Geely are surging into Brazil, leveraging strong trade ties and local strategies for growth.
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Nio, BYD and Xpeng advance after data shows EV exports more than doubled to just under 1 million in the first quarter.
‘I am learning a hard lesson of how involution can destroy my business,’ a Shanghai shop operator says.
Industry ramps up testing of vehicles with Level 3 autonomous driving capabilities as regulators publish draft safety standards set to take effect in July 2027.
South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.
Analysts and investors say the HKMA’s cautious approach prioritises risk control, but limits Hong Kong’s digital asset ambitions.
China’s battery expansion plans highlight a widening gap with the US, as renewable energy demand fuels rapid growth in storage systems.
Hong Kong listing plan comes after the company reported net profit of 4.2 billion yuan for 2025, up 36.8 per cent from a year earlier.
Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order.
Carmakers push next-generation battery tech as they chase longer range and improved safety, despite high costs.
Following Skoda’s exit from China, other carmakers with falling sales are also likely to close shop this year, analysts say.
Shrinking subsidies, new taxes sap China’s EV demand, giving Tesla an edge in global deliveries for first time since fourth quarter of 2024.
Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.
Carmakers report strong month-on-month gains as policy support and new financing schemes lift buyer sentiment.
Executives project an ‘explosive growth’ in energy storage, with Chinese firms extending their lead amid AI and data centre demand.
The California-based firm will use new funding to scale manufacturing and expand globally, with Hong Kong anchoring its regional push.
China’s falling fertility rate sees spike in demand for assisted reproduction as biotech firm raises US$101 million from Hong Kong listing.
Deals reach US$60 billion in first quarter after analysts say Chinese biotech firms have shown substantial technological advancements.
Increased resale activity, driven by first-time buyers and policy support, is fuelling hopes that China’s property market may be stabilising.
Earnings at China’s EV leader fall short of expectations amid intense domestic competition.
Brent crude above US$110 is pushing mainland buyers away from petrol cars, lifting China’s EV makers despite fading subsidies.
Partners aim to operate thousands of robotaxis in various European cities over the next few years after starting in Zagreb, Croatia, ‘soon’.
Hesai will spend US$28.9 million this year to design and manufacture ‘eyes and muscles’ for robots, creating a new growth engine.
Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.
Great Wall Motors, Geely and other Chinese carmakers are using an asset-light strategy to accelerate their growth overseas.
Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.
