China doesn’t have enough storage or transmission capacity for all the solar energy it’s producing, per Reuters.
BUSINESS
What China’s $10,000 EVs Mean for Ford, GM, and Tesla
A 100% import penalty will be placed on EVs like the hot-selling BYD Seagull, or the GAC AION S, while select batteries and battery components will be hit with a 25% levy. (Donald Trump, not…
US should reform existing China tariffs to target technology transfers, congressional panel hears
Make ‘knowledge-intensive sectors’ a focal point and remove import taxes that offer no strategic value and hit working Americans hard, economist says.
China’s $10,000 EV is coming to Europe. Sorry, America.
China’s BYD will bring its $10,000 Seagull hatchback. to Europe. US drivers have to wait on companies like Tesla to deliver a cheaper EV option.
JPMorgan says IPO markets in Hong Kong, mainland China set for turnaround as stock rallies reflate valuations and confidence
Stock benchmarks in Hong Kong and Shanghai have risen 26 per cent and 15 per cent respectively from their lowest levels this year IPO pipelines signal better market outlook as companies become more …
Panelists discuss Taylor Swift, TikTok and pandas at the Business Times’ China event
At the Business Times’ 17th annual “New Bridges to and from China” event, a panel discussed hot button issues relating to U.S.-China relations, covering everything from TikTok to Taylor Swift.
Fox Business Anchor’s Fixation On Chinese ‘Baby Army’ Has Us Scratching Our Heads
Maria Bartiromo also floated the idea that immigrants are ditching their passports to assume new identities in the U.S.
China’s Alibaba to raise $4.5 bln through convertible notes offering
Alibaba Group Holding said on Thursday it would sell $4.5 billion in convertible senior notes and plans to repurchase American Depositary Shares using some of the proceeds.
Tit For Tat: China May Slap Imported Cars With Added Duties
China is considering a reaction towards U.S. and European trade action by increasing import duty on luxury vehicles
China’s imports to determine prices
China’s crop imports are forecast to be robust in the year ahead, but the Chinese government is predicting a major contraction over the next
Meet the women behind the world’s largest crypto exchanges
Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen, currently lead the world’s largest crypto exchanges by volume. It’s a little-known fact that women are behind two of the world’s …
US planning China EV import tariff hikes from 1 August
The US Government is still planning large increases to import tariffs on an array of China-made products including electric vehicles and major components. The federal ‘Office of the US Trade …
Americans under 40 are interested in Chinese brand vehicles despite privacy concerns, survey shows
The report, issued Wednesday, found 35 percent of 800 respondents ages 18 to 80 said they would consider buying a vehicle from a Chinese automaker. Seventy-six percent of respondents under 40 years …
