Volkswagen, General Motors and other big brands are losing their grip on a once-lucrative market as Chinese consumers embrace homegrown electric vehicles.
Tagged By brands
China’s BYD plans car plant in Karachi as part of Pakistan entry
KARACHI, Aug 17 (Reuters) – Chinese electric vehicle giant BYD (002594.SZ) on Saturday announced plans to open a car production plant in Pakistan, where it will also start selling three models through …
Bitcoin’s ‘Next Stop’—China Could Be About To Blow Janet Yellen’s $1 Trillion Crypto Price Bombshell Out Of The Water
Next year, Hayes expects China to “finally unleash its long-awaited bazooka fiscal stimulus,” predicting the China-America “crypto bull market shall be glorious.” China has fallen into economic …
China’s anti-corruption net has risk-averse officials afraid to innovate
China’s leadership urged to introduce new incentives for local officials who are now playing it safe in the face of anti-graft measures.
China youth unemployment jumps to 17.1% in July
Youth unemployment in China ticked up to 17.1 percent in July, official figures showed, the highest level this year as the world’s second-largest economy faces mounting headwinds. China is battling …
Crypto mining tax rates to rise? All about IMF’s new proposal
“Crypto mining could generate 0.7 percent of global carbon dioxide emissions by 2027. Extending the analysis to data centers (based on IEA estimates) means their carbon emissions could reach 450 …
Explainer-What is antimony and why is China curbing its exports?
China will impose export controls on some antimony products from Sept. 15, it said on Thursday, citing national security, adding to measures imposed by Beijing since last year to curb shipments of …
China Adds Metal Used in Ammo to List of Restricted Exports
China is tightening its grip over global critical-mineral supplies by placing export controls on antimony, a metal used widely in ammunition and other military applications that’s seen a surge in prices this year.
China Developers Caught In Apple-Tencent Crossfire
Netizens, developers, and users alike have been railing against the “Apple tax” monopoly in China. It stands at 30%—much higher than the global average.
Tech war poll shows ‘China against the world’ while US in ‘commanding position’
Semiconductor industry leaders predict chip rivalry will lead to supply chain split, with few prioritising Chinese market, survey says.
Exclusive: China issues new gold import quotas after pause – sources
The PBOC did not immediately respond to Reuters’ request for comment. China has a history of curtailing gold import quotas for several months when the yuan currency is weak against the dollar. However …
Huachen Ai Parking Seeks US IPO On Thin Margins And High Valuation
Huachen Ai Parking Management files for $25 million IPO for smart parking solutions in China. Global market could be $55 billion by 2033. Read more on HCAI.
China issues new gold import quotas after pause – sources
(Reuters) -Several Chinese banks have been given new gold import quotas from the central bank, anticipating revived demand despite record high prices, four sources with knowledge of the matter told …
ADVERTISEMENT
