China may use Tesla FSD approval as a bargaining chip amid President Trump’s trade war, the Financial Times reported. EV rivals are stepping up their driver-assist systems.
FINANCE
China says U.S. has ‘gravely backpedaled’ on Taiwan by cutting anti-independence statement
Taiwan and China split in 1949 during the civil war that brought the communists to power in China. Taiwan has its own government and military but has never declared formal independence from China.
China’s Xi meets with business leaders, including Alibaba co-founder Jack Ma, to boost economy
China’s President Xi Jinping met with private sector business leaders on Monday, state media reported, as government officials work to revive an economy disrupted by a pandemic, regulatory crackdowns …
Beijing steps up financial ‘master plan’ with major asset reshuffle
China is moving to create a group of world-class investment banks through a round of industry consolidation, analysts say.
China’s central bank says the yuan could save global economy
China’s central bank genuinely believes that the yuan is holding the world’s financial system together. On Sunday, People’s Bank of China (PBOC) Governor Pan Gongsheng told global leaders at the AlUla …
DeepSeek drives $1.3 trillion China stock rally as funds pile in
DeepSeek’s breakthrough in artificial intelligence is helping drive a rotation of stock funds back into China from India.Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobil …
China’s central bank governor says stable yuan key to global financial stability
China’s central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market play a decisive role in deciding …
Criticizing Tesla In China Could Have Severe Financial Consequences
One customer who claimed faulty Tesla brakes caused a crash was forced to pay $23,000 and issue a public apology to the company.
Tesla is suing critics and customers in China alike—and can count on its ties to the regime to tip the scales in its favor
The EV manufacturer is victorious in court in almost every case thanks to a justice system that acts as the long arm of the Chinese Communist Party.
Is China stock revival plan pie in the sky?
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery.
Control of four Chinese financial institutions to be transferred to Central Huijin Investment
Four Chinese financial institutions announced on Friday that their stakeholders plan to transfer shares to Central Huijin Investment, after which Huijin will control these four financial organizations …
China’s Record Month for Bank Loans Fails to Ignite Credit Cycle
China’s credit expansion picked up far more than expected in January from a year ago, even as a record jump in new bank loans failed to reverse an entrenched slowdown in demand for financing.
China Has Record Foreign Investment Outflow as $168 Billion Exit
China saw record outflows of foreign direct investment last year, an exodus that threatens to persist after the resumption of a trade war with the US.
