During the pandemic, Hong Kong imposed a lengthy ban on bars and dine-in services to stem social gatherings, in what many saw as a nod to mainland China’s “zero-Covid” strategy. This affected shops …
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Nio Still Targets 2025 U.S. Launch But With EVs Imported From China
Interestingly, Nio does not plan to build a plant in North America; it aims to import its premium EVs from China instead. Iyer explained that after considering local production and even shortlisting …
Nio Scraps Plans For U.S. Factory, Will Import Chinese-Made EVs Instead
Nio’s quest for a potential U.S. manufacturing site has yielded no results, leading the automaker to opt for importing electric vehicles from China instead. Consequently, the EV manufacturer has …
China steel association says EU carbon tax a new trade barrier, calls for more talks
targeting imports of steel, cement, aluminum, fertilizers, electricity, and hydrogen. The levy would pose a big threat to steel producers in China, the world’s top exporter of steel, as long as their …
Apple Shares Fall Amid Concerns About China Sales But Analysts Say They’re Overblown
Key Takeaways Apple shares fell 0.5% Friday after the tech company reported a decline in revenue and lower China sales than the same quarter last year.However, some analysts suggested that investors’ …
China’s EV makers want top oil producing nations to go greener
With EV demand slowing at home, and companies facing substantial import tariffs in the U.S. and an EU probe into Chinese subsidies, automakers view the Middle East as a major opportunity still largely …
China Sets Ambitious Plans to Mass-Produce Humanoid Robots by 2025
China has unveiled an ambitious roadmap to become a global leader in humanoid robot production by 2025. The Ministry of Industry and Information Technology recently issued guidelines for the …
China, once an unstoppable economic powerhouse, has hit a wall
For decades, China’s unstoppable rise to global superpower has been a dominant narrative in international affairs. Its sustained economic growth, massive infrastructure investments, and …
EU needs better understanding of China to carve out ‘own space’, says ex-Spanish foreign minister
Arancha González, speaking on a visit to China, says one of the difficulties the bloc faces is ‘we don’t have enough people that understand how China operates’.
H World Attended Business China’s Future China Global Forum 2023
Setting an Example by Assuming the Responsibility for Sustainable Green DevelopmentSINGAPORE and SHANGHAI, Nov. 3, 2023 /PRNewswire/ — The 14th …
US chip maker Micron rekindles ties with China despite Beijing’s sales ban over security concerns
Commerce minister welcomes Micron if it ‘follows Chinese laws and regulations’, while CEO ‘expressed willingness to expand investments’ The meeting came after the US chip maker said it would attend …
European chamber in China criticises upcoming Shanghai trade fair as ‘political showcase’
SHANGHAI (Reuters) -The European Union Chamber of Commerce on Friday criticised an upcoming trade fair in China as being more of a “political showcase” than about doing business and pushed for more …
China supported sanctions on North Korea’s nuclear program. It’s also behind their failure
International authorities say there is growing evidence that shows Beijing is helping cash-strapped North Korea evade a range of international sanctions designed to hamper Pyongyang’s nuclear weapons …