Two new laws, one on espionage and the other on foreign relations, took effect July 1. In strictly legal terms, the legislative changes don’t increase the risk for foreign businesses in China, said …
Featured Posts Title
Beijing’s financial sector reports remarkable progress during 14th Five-Year Plan period
‘Everything Japanese is canceled’: Concerts in Beijing gets abruptly canceled as Japan-China ties take hit
National Games draw to a close in Shenzhen
Shenzhen Expressway Co Announces Director Resignation and Committee Restructuring
China war over Taiwan would trigger global financial crisis
Japan’s Leader Gets Off to Rocky Start With China
3 Chinese nationals charged with smuggling Nvidia, HP chips to China
Recent Posts
China has a new foreign relations law. Here’s what it means for business
Jim Cramer says investors should focus less on how China affects American stocks
CNBC’s Jim Cramer said investors should not invest in American companies based solely on their business in China.
China is making brain weapons to use on world leaders, entire populations: Report
China is reportedly designing advanced weaponry capable of disrupting brain function to influence government leaders.
China car sales shrink 2.9 percent in June as big-ticket spending falters
China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery made consumers more cautious about big-ticket …
GM cuts Lyriq EV price in China by 14% as market pressures intensify
General Motors Co on Monday cut the starting price for the Cadillac Lyriq in China by almost 14%, joining Volkswagen in a new round of electric vehicle price reductions in a market where global …
GM cuts Lyriq EV price in China by 14% after VW discounts
The Lyriq, a luxury crossover based on GM’s Ultium EV architecture, is now priced from 379,700 yuan ($52,466) from 439,700 yuan ($60,784) previously.
In China, the Era of Western Carmakers Is Over
Foreign brands are losing market share to Chinese rivals, driven by local manufacturers’ lead in electric vehicles, as Beijing’s industrial policy begins to pay off.
GM Cuts Lyriq Price In China By Almost 14% As Price Wars Continue
Cadillac gets in on price war in China, with cuts of more than $8,000, but no such measures are expected in the U.S.
G7 vs. China: US, Europe unite in tough messaging against Beijing
Issued around the time of Ukrainian President Volodymyr Zelenskyy’s arrival in Hiroshima, where the summit is taking place, the statement by leaders of the G7 wealthy democracies asked Beijing to do more to stop Russia’s…
A senator’s holds on military nominations are hurting readiness against China, Defense official says
From Defense policy bill amendments and “poison pill” spending bills to promotion holds, Republicans’ efforts are frustrating Pentagon officials.
China’s Metal Export Restrictions Leave Traders Scrambling
In response to the potential expansion of the US’s semiconductor chip export ban, China has imposed export restrictions on two key metals, gallium and germanium.
What is behind China’s failed ‘truce’ in EV price war?
The group representing China’s auto manufacturers has retracted a pledge to avoid “abnormal pricing” that it had brokered between 16 automakers, including Tesla, breaking off a truce in a brutal price …
Established Chinese Apparel Brands Struggle to Stay Afloat, Including China’s Zara
One such brand, La Chapelle, a domestic women’s fast-fashion company nicknamed “China’s Zara,” recently began liquidation proceedings after years of financial losses. On June 20, the Shanghai …