A trip to the Beijing Auto Show reveals just how advanced China’s EVs are. So what are the so-called “foreign” automakers doing about it?
Tagged By business
HSBC, StanChart Press Sunak to Ease Clampdown on China Business
Rishi Sunak’s government faces pressure from banks including HSBC Holdings Plc and Standard Chartered Plc, as well as other major companies in the UK, to tone down proposed restrictions on doing …
Tesla ramps up job cuts in China as sales slowdown bites
Tesla Inc.’s job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto market.
Why Levi’s and other brands are betting big on Chinese podcasts
In China, the podcast is packed with plenty of potential. Launched in 2020 by Shanghai start-up Jike, Xiaoyuzhou is seen as a coming-of-age platform known for its high user stickiness and has grown …
Oil recovers on US crude storage draw, rise in China imports
Oil prices rose on Thursday as falling U.S. crude inventories and higher Chinese imports supported expectations for demand growth in the world’s two largest crude-consuming nations. Brent crude futures for July were up 55 cents,
U.S. Crude Oil Stocks Fall as Refinery Runs Pick Up — Update
By Anthony Harrup U.S. crude oil inventories fell last week and stocks of gasoline and distillate fuels rose as refineries lifted their capacity
Interview: Swiss sportswear brand to expand business in China due to its booming market — co-founder
ST. GALLEN, Switzerland, May 9 (Xinhua) — Swiss sportswear brand On expects to open dozens more stores in China over the next three years thanks to a “booming sports clothing market” and consumption …
China Leads Global Wind Turbine Manufacturers’ Market: Four OEMs Top The Charts
China is emerging as a dominant player in global wind turbine manufacturing as its four original equipment manufacturers (OEMs) make it to the top five global rankings for the first time in the sector …
China’s manufacturers are efficient without compromising quality
Chinese manufacturers are efficient without compromising the quality of a product, Owen Edwards from Grant Thornton UK noted at NFDA’s Driving Digital 2024 …
China’s Steel Exports Stay Firm as Trade Tensions Rachet Up
Chinese steel exports stayed above 9 million tons in April, a level which is likely to bolster objections that overcapacity is forcing mills to dump their surplus overseas.Most Read from BloombergMicr
‘I’m Good With It’—Donald Trump Just Sent The Price Of This Tiny Bitcoin Rival Soaring
Bitcoin Bitcoin has roared back this year, topping its 2021 peak as a Wall Street-led rally could be eclipsed by an “absolutely enormous” China earthquake. Subscribe now to Forbes’ CryptoAsset & …
Commodity Roundup: Gold holds steady; China’s April crude oil, copper imports rise
Gold prices held steady on Thursday despite a stronger U.S. dollar (DXY), as markets await further data for clues on potential Fed rate cuts, while oil prices ticked up. Boston Fed President Susan …
China condemns US military ship’s passage through Taiwan Strait weeks before new leader takes office
A U.S. destroyer’s recent passage through the Taiwan Strait has drawn criticism from China’s military, occurring just before Taiwan’s new president’s inauguration.
