Tesla’s C.E.O. appears to have landed a deal that moves the company closer to bringing fully autonomous driving to a giant market. But Beijing is keen to exploit the visit for its own purposes.
BUSINESS
China to extend tariff exemptions for imports of some US products until Nov 30
China will extend tariff exemptions for imports of some U.S. products until Nov. 30, the finance ministry said in a statement on Monday.
China’s big factories had a terrible March, even as automakers roar to new highs
Weak domestic demand is causing Chinese companies to sell products en masse overseas, worrying US officials.
China’s AgBank posts 1.63% fall in Q1 profit
Net profit for the three months ended March totalled 70.39 billion yuan ($9.71 billion), compared with 71.55 billion yuan in the same period 2023, AgBank said in a filing. Get a daily digest of …
Elon Musk in China: Tesla passes data security assessment that could pave way for lifting of bars to its cars’ movements
The American carmaker has been assessed by the China Association of Automobile Manufacturers … for the country’s EV sector and arguing that the technology will hatch new business models such as …
China’s Big Banks Halt Russia Transactions Over US Sanctions, Forcing Firms To Resort To ‘Underground’ Channels: Report
China’s major banks are reportedly halting transactions related to Russia, due to concerns over U.S. sanctions. This has led to a surge in the use of alternative channels for payments, including …
China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 years: GTRI
According to the report by the economic think tank Global Trade Research Initiative (GTRI), the growing trade deficit with China is a cause of concern, and the strategic implications of this …
China firms go ‘underground’ on Russia payments as banks pull back
“But these methods carry significant risks.” Making payments in crypto, banned in China since 2021, might be the only option, said a Moscow-based Russian banker, as “it’s impossible to pass through …
Chevy Tahoe to be first import into China by Durant Guild
General Motor’s premium platform, the Durant Guild, debuted at the Beijing auto show and launched the 2025 Chevrolet Tahoe as the first imported model for Chinese customers with a starting price of …
China is gradually amping up its military aggression in a ‘boiling frog’ strategy, US Indo-Pacific commander says
Adm. John Aquilino warned of China engaging in multiple pressure campaigns against its neighbors, particularly Taiwan and the Philippines.
Brands from across world flex NEV muscle on stage
Data from the China Passenger Car Association show that in the first two weeks of April, passenger NEV sales accounted for more than 50 percent of the market share, with 260,000 units sold out of…
China’s New Plan to Boost Hong Kong IPOs Faces Major Hurdles
China’s vow to encourage the nation’s leading companies to list in Hong Kong is helping spur a rare surge in the $5 trillion stock market, but dealmakers aren’t ready to turn optimistic. The Hang Seng…
World Street | China’s regulatory changes, TikTok’s troubles in US, Alphabet’s return to $2-trillion club and more
Tech giant Alphabet Inc’s market capitalisation is back above $2 trillion. French oil major TotalEnergies is exploring a potential US listing. Troubles for Tiktok in the US may prompt a shutdown of …
