The Detroit automaker said it only sold 484,200 vehicles during the second quarter in China, its largest market globally.
Monthly Archives For July 2022
China-developed oral COVID-19 prevention medicine progresses fast, eyes overseas clinical trials
Chinese drug developer Jiangsu Simcere Pharmaceutical Group said it is considering conducting overseas clinical trials on its oral COVID-19 prevention medicine, the company recently told the Global …
US can’t exit unscathed from ‘precision strikes’ against China: Global Times editorial
The Biden administration is applying the lessons it learned from controls on Russia to try to limit China’s military and technological advances by expanding its export ban on China, The New York Times …
China’s Shanxi starts exporting aged vinegar to South America
North China’s Shanxi Province will ship its first batch of aged vinegar to Chile on Thursday, the first time the province has exported its local specialty to South America. The vinegar, worth 12,000 U …
China Allows Refiners to Export 40% Less Fuel Than a Year Ago
China issued its latest batch of fuel export quota for the year, but total allowances are still around 40% less than the same point in 2021.Most Read from BloombergNatural Gas Soars 700%, Becoming Dri …
Economist urges White House to lift additional tariffs on Chinese imports: report
A federal tax economist has urged U.S. President Joe Biden to lift additional tariffs on Chinese imports, according to an opinion piece posted recently by Bloomberg. The president should lift …
China’s Auto Sales Are Booming. Can the Rebound Last?
The bounce in China’s auto market is due to rising consumer sentiment, the shipment of cars after delays, and additional subsidies for the purchase of new energy vehicles.
Chinese brands will capture 90% of the Russian market
Russia, the largest country in the world, has seen major changes in its phones, tablets, laptops, and household appliances market due to the withdrawal of western brands like Apple, Samsung, DJI, …
Shenzhen unveils China’s first regulation on intelligent connected vehicles
Shenzhen, a city that has pioneered reform and opening-up in China, is now blazing a trail in the country’s regulation for emerging technology trends, with a first-of-its-kind regulation tailored for …
Beijing mandates Covid-19 vaccinations, relaxes curbs on domestic travellers
China’s capital on Wednesday (July 6) mandated Covid-19 vaccinations for most people to enter crowded venues such as libraries, cinemas and gyms, the first such move by Beijing which it coupled with a …
China poses ‘biggest long-term threat to economic and national security,’ FBI Director Wray warns
FBI Director Christopher Wray warned that China poses the greatest threat to the economic and national security of not only the United States, but western allies.
China’s fourth mobile carrier launches 5G services
China Broadnet will initially use 5G network infrastructure owned by China’s largest mobile operator China Mobile …
SUNWAH KINGSWAY Sells 249K CHINA MOBILE Shrs
SUNWAH KINGSWAY (00188.HK) announced that between 7 January 2022 and 6 July 2022, the Company, through its wholly-owned subsidiaries, conducted on the Stock Exchange a series of on-market transactions …
