The executive who hosted the virtual meeting, Jack Hergenrother, instead pointed at IBM’s declining infrastructure business as the root cause behind the firm’s China exodus. This bad news took some …
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China’s Avatr EV Brand Teams With Dior Homme’s Creative Director
China’s upmarket EV maker Avatr has waved the stylistic wand of high European fashion over its 0 series to deliver the limited-edition Avatra 012.
Little-known car brand to release incredibly cheap EV – with 193-mile range & seats that turn into BEDS
A LITTLE-KNOWN car brand is set to launch an incredibly cheap EV with seats that convert into beds. Dongfeng, one of the largest car makers in China, has arrived in Europe with the Nammi Box…
Price wars: only 2 out of more than 30 Chinese electric car manufacturers make a profit
Electric vehicles account for more than half of new car sales in China, but the vast majority of brands are making a loss selling electric cars. This …
Canada Is Adding Tariffs to Imports of Chinese EVs, Steel and Aluminum
A 100% surtax will be applied to electric vehicles made in China, while a 25% surtax will be slapped on imports of steel and aluminum products.
Canada imposes a 100% tariff on imports of Chinese-made electric vehicles, matching the US
Canada’s government says it is imposing a 100% tariff on imports of Chinese-made electric vehicles that matches U.S. tariffs and follows similar plans announced by the European Commission …
Canada to hit China with tariffs on EVs, aluminum, steel
The U.S. hiked tariffs on a lengthy list of other Chinese products in May, including solar cells, computer chips, medical equipment and lithium ion batteries. To impose tariffs, Canada must undertake …
China Sets New Record with $26 Billion in Semiconductor Equipment Imports by July 2024
Chinas semiconductor equipment imports reached a record $26 billion by July 2024, driven by purchases of older-generation machinery. Companies like ASML, Tokyo Electron, and Applied Materials played …
Luka Doncic to join Jordan Brand Athletes on inaugural China tour
Luka Doncic will be taking part in the Jordan Brand’s inaugural “Family Tour” this upcoming week in China, the Brand announced on Monday. Among the other Jordan Brand athletes that will be on the tour…
Canada Slaps 100% Import Tariff on Chinese EVs
Canada will impose a 100% tariff on all Chinese-made electric vehicles starting October 1, 2024, to protect its auto industry and align with U.S. and EU trade policies.
Donald Trump’s Bitcoin mining push threatens China’s dominance
For a long time, Bitmain, a Chinese miner company, has had a tight grip on the Bitcoin mining market. They own about 90% of it, practically running the show.
China Market Update: Hong Kong Gains As Pinduoduo’s Slight Revenue Miss Sends Shares Lower
Asian equities rose despite rising Middle East tensions. Powell’s Friday press conference, confirming a September rate cut, sent the US dollar lower. Hong Kong outperformed as the Hang Seng Index closed just below the 18,
Canada to Hit China With Tariffs on Electric Vehicles, Steel
Canada will impose new tariffs on Chinese-made electric vehicles, aluminum and steel, lining up behind western allies and taking steps to protect domestic manufacturers. The government announced a 100 …
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