Transport

Until now, China has held a dominant position in the global industrial chain from cathode materials to EV battery manufacturing and vehicle production, supplying nearly half of global core products. But with a major restructuring underway, it will have to tackle rising costs, supply chain shortfalls and the need to tailor resources for different markets.

China lacks sufficient reserves of strategic minerals. The country's strategic mineral reserves, including iron, copper, aluminum, nickel and lithium, equals less than 20% of the world’s total, while the country accounts for more than half of global consumption of cobalt, aluminum and copper. What are China's options?

Despite a booming electric vehicle (EV) market in China, local EV manufacturers are facing a tough road ahead as the Chinese government cuts subsidies and EV giant Tesla increases its competitiveness by lowering prices. Chinese financial commentator Tan Haojun believes that Chinese EV manufacturers would need to compete in terms of research and development in order to stay in the EV market.

The beleaguered construction and murky progress of the proposed Bangkok-Nong Khai high-speed railway are emblematic of deeper problems underlying Thailand’s and China’s infrastructural ambitions.

The China Containerized Freight Index, which tracks spot and contractual freight rates leaving major Chinese container ports on 12 shipping routes, began to fall in August. These and other indicators point to Chinese exporters bracing for tough times. The main culprit is demand, which has fallen off in recent months in China’s three biggest export markets — the US, the EU and ASEAN.

The Jakarta-Bandung railway is a landmark project under China’s Belt and Road Initiative (BRI) as the country expands its presence in Southeast Asia. While there have been delays and challenges, the project looks to be on track. This and other BRI projects in Southeast Asia are seeing competing investments from the US and West.

One major effect of the lockdowns in China has been disruptions to delivery and logistics services, resulting in many e-commerce businesses being unable to dispatch goods and fulfill online orders. Guangdong, an important light industrial area in southern China, with a comprehensive wholesale market system in its capital Guangzhou, has been particularly badly hit. Zaobao journalists Zeng Shi and Hedy Yang speak to e-commerce business owners and other players to find out more.

A recent study on 1,528 Beijing residents finds that every ten more minutes spent travelling from home to the workplace leads to a 1.1% higher risk of depression. How would improving people's journey-to-work experience help policymakers and employers?

In this fifth instalment of a seven-part Lianhe Zaobao-Business Times series on China and ASEAN, we look at how China’s electric vehicle manufacturers are making inroads in Singapore and the region.