The country’s sharp shift to EVs and stronger local competition have deflated a key profit engine for the U.S. automaker.
Featured Posts Title
City Reflection and Palm Trees in Shenzhen
How the US overtook China as Africa’s biggest foreign investor
Pacific island nation embarrasses Xi, angers China
Fearing vulnerability to China, Europe has a new worry: Electric buses
China Suspends Export Controls on More Critical Minerals
Thousands of Chinese lured abroad and forced to be scammers – now Beijing is cracking down
In China, the Dream of Outrunning Time
Recent Posts
Decision Time for GM in China: Stay, Scale Back or Go
China’s Golden Week holiday spending lags behind pre-Covid-19 figure
While travellers made 10.2 per cent more trips this year than in 2019, spending rose only by 7.9 per cent. Read more at straitstimes.com.
China stocks fall sharply, set to snap winning streak
Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed to inspire confidence in stimulus plans intended to revive the economy.
China’s stock-market surge fizzles after Beijing fails to announce more stimulus measures
A highly anticipated press briefing by China’s top economic planner fell short of expectations.
China reports broadened engagement in global market, – official
China’s investment is playing an increasingly prominent role in promoting economic development worldwide, data from the Ministry of Commerce (MOC) showed.This
China to Penalize European Brandy Imports, Striking Back at Car Tariffs
Beijing’s action came days after European nations moved toward tariffs on electric vehicles from China, and it included a threat to also hit pork and car imports.
China’s Golden Week holiday spending lags pre-Covid era, showing more stimulus need
While travelers made 10.2 per cent more trips this year than in 2019, spending only increased by 7.9 per cent. Read more at straitstimes.com.
Ares Is Said to Agree on Purchase of GCP’s Ex-China Business
Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative…
How Far Can China’s Giant Economic Stimulus Package Go?
Despite the stimulus, deep structural issues persist in China’s economy, Roach warned. Once a long-time optimist about China, Roach became skeptical when its leaders failed to address concerns raised …
China Judges Four Years of US Policy Under Joe Biden
The U.S. is projecting its “hegemonic history and mentality” onto other countries, a Chinese Foreign Ministry spokesperson said.
Raimondo Speaks With China’s Commerce Minister, US Commerce Dept Says
(Reuters) – U.S. Secretary of Commerce Gina Raimondo spoke with China’s Commerce Minister Wang Wentao on Tuesday and discussed last month’s meeting of a bilateral working group for commercial issues, the U.S. Commerce Department said.
China says raised ‘serious concerns’ with US over trade curbs
The United States and China on Tuesday raised concerns about trade between the world’s two biggest economies, with China’s commerce minister urging Washington to lift sanctions on his country’s firms …
China targets French cognac with tariffs after EU imposes duties on Chinese EVs
China has introduced temporary anti-dumping duties on European Union (EU) brandy imports, with iconic French brands like Hennessy and Remy Martin at the center of the dispute. The move comes in retaliation for the European…
