Remember that “barn find” with three virtually brand new, barely touched Tesla Roadster examples languishing in shipping containers stuck in China? Well, after 12 years of limbo it would seem that the …
Monthly Archives For February 2024
China’s BYD Reveals $230K Electric Supercar to Rival Ferrari
According to Bloomberg, Chinese auto manufacturer BYD unveiled a high-performance electric supercar worth 1.68 million yuan (about $230 thousand), capable of competing with supercar manufacturers like …
BYD amps up brutal China EV price war with bigger discounts on new car versions
Chinese electric vehicle giant BYD on Wednesday unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the world’s largest auto market with …
Volkswagen says Changan Auto former chief software architect to be new Cariad China CEO
Volkswagen said on Wednesday that Frank Han, the former chief software architect of Changan Auto, will take over as chief executive of its Cariad China unit on March 1.
China’s CDH in talks to buy minority stake in US$1.7 billion Vietnam grocery chain, say sources
HANOI/SINGAPORE: China’s CDH Investments is in advanced talks to buy a minority stake in Bach Hoa Xanh (BHX) from Vietnam retailer Mobile World in a deal that could value the grocery chain at up to…
In ‘finance war’ with US, former official says China risks staring down the barrel of a capital conundrum
Beijing slams ‘smear tactics’ in US assessment of China … Describing foreign investors’ retreat from China in the past year as evidence of a “finance war”, while their bearish sentiment toward China …
China Deals Major Blow to Russia with Payments Ban
Foreign exchange reserves were frozen and Russia was cut off from the SWIFT (Society for Worldwide Interbank Financial Telecommunication) banking system. Union Pay was widely touted as China’s rescue …
How China Is Tantalizing – And Maddening – FX Traders Everywhere
By all appearances, this is Beijing working to boost confidence in the yuan and the economy. The People’s Bank of China, meanwhile, is surprising most Asia economists by not slashing interest rates …
Josh Hawley is introducing on Wednesday legislation to hike tariffs on Chinese vehicle imports
Josh Hawley, a Republican from Missouri, is expected to introduce legislation on Wednesday that would hike tariffs on Chinese vehicle imports.Hawley’s bill would raise the current 2.5% tariff rate to …
Biden to issue executive order aimed at protecting Americans’ sensitive data from China and other ‘hostile countries’
President Joe Biden will issue an executive order Wednesday intended to safeguard the personal data of American citizens from countries deemed hostile.
HUAWEI INKS MOU WITH CELCOMDIGI, CUMY ON 5G-ENABLED DIGITAL BUSINESS INITIATIVES
BARCELONA (Spain), Feb 28 (Bernama) — Huawei Technologies (M) Sdn Bhd (Huawei Malaysia) has signed a memorandum of understanding (MoU) with CelcomDigi Bhd and China Unicom Operations (M) Sdn Bhd …
Tuvalu’s new government commits to continued diplomatic ties with Taiwan instead of Beijing
Tuvalu’s new government has committed the tiny South Pacific island nation to continued diplomatic ties with Taiwan, but said it plans to renegotiate a security pact recently struck with Australia in …
Xia Baolong’s visit in numbers: from meetings to dim sum meals, the Post breaks down Beijing’s top man on Hong Kong affairs’ ‘inspection’ trip
Xia Baolong, director of Hong Kong and Macau Affairs Office, met wide range of people during carefully orchestrated ‘inspection’ visit The Post recaps top official’s one-week trip with five key …
