China’s homegrown electric-vehicle makers are increasingly dominating their fiercely competitive domestic market, the world’s largest for EVs. Now, they are setting their sights further afield. Their …
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70 years on, China’s auto industry becomes major force in global auto landscape
After seven decades of relentless efforts, China is moving forward to become a world auto-making powerhouse. Data showed that China has been the world’s largest automobile production and sales country …
China’s Integrated Circuit Imports Witness Significant Decline Amidst Global Chip Restrictions
China’s chip imports dropped by 18.5 percent in the first six months of 2023 compared to the same period the previous year …
Crypto project Multichain shuts down, says CEO arrested in China
In a Twitter post on Friday, Multichain provided details around the sudden disappearance of its founder and chief executive, identified only by the name Zhaojun, in late May. Multichain is a so-called …
Share of Chinese brands on Russian car market exceeds 40% — Automobile Dealers Association
There are more than 20 brands from China in Russia MOSCOW, July 15. /TASS/. The share of car brands from the People’s Republic of China on the Russian market exceeds 40%, a source in the…
A timeline of China’s 32-month Big Tech crackdown that killed the world’s largest IPO and wiped out trillions in value
the Cyberspace Administration of China (CAC), also launched an unprecedented probe into Didi for violations of data and national security, two days after it launched a US$4.4 billion IPO on the New …
China Is a Big Headache for U.S. Companies. Why It’s so Tough to Do Business.
U.S. companies operating in China need to walk a fine line with the increasing presence of the Chinese Communist Party in the private sector.
China Is a Headache for Business. What’s on the Line.
Investors are increasingly wary about their allocations to China and company boards are assessing their exposure as Beijing’s updated cyber-espionage and data privacy laws raise alarms amid raids and …
Renault Worries About China’s Metal Export Curb While Worksport Makes A Strategic Leap At Its U.S. Base
Europe and the U.S. have kicked into high EV gear but a “Chinese cloud” is looming over the EV sector. Last Saturday, Renault (OTC: RNLSY) Chairman Jean-Dominique Senard expressed his concerns to …
China drives sales jump at Burberry
STORY: Sales are on the up at Burberry. And it’s largely got China to thank. The British luxury brand said Friday (July 14) that sales rose 18% in the first quarter. In China, its biggest…
‘It’s Time … to Take Off the Golden Blindfolds,’ GOP Rep Tells US Corporate Leaders Doing Business in China
During a Thursday hearing, a Republican congressman warned about the dangers of foreign companies doing business in China.
China’s Shein hit with lawsuit citing RICO violations, a law originally used against organized crime
The report is part of an ongoing Congressional investigation into products offered to American consumers that could be made with forced labor in China. As part of the probe, the committee sent letters …
China’s homegrown passenger vehicles secure over half of domestic market in June
BEIJING — China saw about 2.24 million passenger vehicles sold in June, of which 1.2 million were domestic brands, accounting for 53.7 percent of the domestic market.