“China is determined to dominate the future of the auto market, including by using unfair practices,” the president noted in a statement early Thursday. “China’s policies could flood our market with …
BUSINESS
A Reminder That China’s Electric Car Companies Are Not Invincible
As BYD and Geely both jock for EV world domination, it can be easy to assume that all Chinese EV manufacturers are similarly destined for greatness. Actually, the truth is a bit more mixed. Big…
Chinese electric vehicle prices may skyrocket if US Senator’s new import bill passes
Hawley is labeling his measure the Protecting American Autoworkers from China Act. The UK is also considering slapping Chinese EV imports with new tariffs. UK Trade Secretary Kemi Badenoch is in talks …
IPO and FPO issuance could reach 4-5% of India’s market cap, says Jefferies; lists 3 key reasons
Jefferies predicts IPO (initial public offering) and FPO (follow-on public offering) issuance could hit 4-5 percent of market capitalisation, mirroring China’s figures.
China developing £220m AI ‘Supermind’ to track millions of Western scientists & become world’s biggest tech megapower
Production of the innovative system began last year in Shenzhen – China’s southern technology hub that’s home to brands such as Huawei. Use of Supermind would be limited to just those within the …
China’s auto parts import value down 12.4 pct in 2023
China’s auto parts import value fell 12.4 percent year on year to 29.84 billion U.S. dollars in 2023, data from the General Administration of Customs …
China Insight: Why ‘New Chinese Style’ Is the Nation’s Latest Fashion Trend
A search for spiritual meaning and fulfillment is driving new generations in China to look back to their roots when it comes to fashion and lifestyle design.
Over 60% of illegal crypto activity is tied to sanctioned groups or terrorist organizations, report finds
Sanctioned entities and U.S.-designated terrorist organizations, such as Lebanon’s Hezbollah, continue to rely on cryptocurrency for fundraising.
China Develops AI-Powered Platform to Track Global Researchers
AI technology in China has taken a significant leap forward by introducing a groundbreaking platform dubbed “Supermind.” This innovative system is designed to …
Joe Biden attacks China over its vehicles posing ‘national security risks’ as US launches investigation
American President Joe Biden has accused China of using “unfair practices” to undercut legacy vehicle manufacturers, citing national security risks. In a White House briefing earlier today, President …
China Tariff War Revisited: U.S. Exports Of Oil Surged In 2023
That was the year that China all but cut off the soybean spigot in retaliation for U.S. tariffs on some $350 billion of Chinese imports, at a time when a majority of U.S. exports went…
Hong Kong customs seizes HK$6.4 million in dried shark fins from shipping container possibly intended for mainland China
dried seafood and household items Hong Kong customs officers have seized a HK$6.4 million (US$817,664) haul of dried shark fins from protected species, believed to have been intended for mainland …
Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show
The number of BTC held in wallets tied to crypto miners has declined by 8,426 this year, extending the slide that began in October. Impending reward halving and the dry season in China might explain…
