Researchers in China who perused the original pledge said the language was likely too vague to encourage an EV pricing monopoly (it was non-binding and self regulatory after all). However, China’s …
Monthly Archives For July 2023
China is teetering on the brink of deflation. That’s a huge red flag for the global economy.
Prices in China are close to falling, rather than rising. That’s bad news for the rest of the world.
Renault and China’s Geely will invest up to $7.7 billion to build hybrid and gas engines
Carmakers Renault and Geely have announced a joint venture to build engines for hybrid and gasoline-powered vehicles, with the partners investing a maximum of €7 billion ($7.7 billion) in total.
Tech war: US mineral firm’s China unit faces fresh hurdle to Shanghai listing plan after Beijing’s metal export controls
The company did not immediately respond to a request for comment. The stalled IPO confronted a new hurdle last week after Beijing said it would impose controls on exports of eight gallium products and …
Yellen returns from Beijing, says US, China want to ‘stabilize’ relations
Treasury Secretary Janet Yellen recently visited China and said she believes that the U.S. and Beijing are ready to work together and “stabilize” their economic relationship.
China’s economic downturn is more shocking than outsiders realize, says former Chinese property mogul
Companies in the country can expect tighter control from Beijing as the ruling party grows insecure, Desmond Shum told The New York Times.
China says its foreign minister is ill. A senior diplomat will take his place at ASEAN
Chinese Foreign Minister Qin Gang is unwell and the country’s senior diplomat will take his place at a two-day summit of the Association of Southeast Asian Nations this week in Jakarta, Indonesia, the …
Australian lawmakers grill TikTok, Meta officials over China links, foreign interference, Covid-19 origins
Executives were questioned on their companies’ links to China, alleged human rights abuses in Xinjiang, and restricting details about Covid-19’s origins on their platforms The committee also debated …
‘The Long Game.’ China’s Online Influence Campaign in Latin America
Over the past two decades, China has quietly forged close economic and security ties with most Latin American countries. It has become a critical economic partner, with trade in the region growing from $12 billion…
Alibaba, JD.Com, Other China Stocks Rebound Amid Optimism The Tech Crackdown Is Over
Investors are optimistic that the recent fine against Ant Group could draw a line under the pressure firms have faced over corporate governance and accusations of money-laundering.
KeyBanc’s Asia findings suggest weak China demand; AI opportunity
KeyBanc Capital Markets quarterly supply chain findings for Asia suggested that China demand continues to be consistently weak, but AI shines. Read more here …
Audi rumored to be shopping around China for its next platform to expedite EV development
After multiple development delays due to software issues internally and at parent company Volkswagen Group, Audi AG is reportedly …
Elon Musk Endorses Huge 2030 Crypto ‘Prediction’ That Could Trigger A Bitcoin And Ethereum Price Boom
Tesla billionaire and Twitter owner Elon Musk said he agrees with a prediction that could see all currencies backed by computer processors by …
