Tesla Inc. exported just 60 cars produced at its Shanghai factory in March, a record low as strong domestic demand sucked up most of the output.
Tagged By business
Why is China’s tech crackdown widening on Tencent?
China’s Tencent decided to shut down its video game streaming platform Penguin Esports, citing a change in business strategy.
China Inflation Beats Expectations on Oil, Covid Disruptions
China’s factory gate prices rose more than expected in March as oil prices climbed, putting pressure on manufacturers that are already struggling to operate amid repeated Covid outbreaks. Most Read …
Amid economic crisis, Turkey-China ties become one-way street
The ties between Turkey and China have almost become a one-way street as the financial situation of Ankara and Beijing is weakening and both the countries are l …
Bitcoin Declines as ‘Sugar Rush’ From Miami Crypto Event Fades
Bitcoin briefly dropped below its 50-day moving average, sliding back further into the range in which it has traded this year. Most Read from BloombergUkraine Update: Zelenskiy Says He Expects New War …
Turkey-China ties become one-way street amid increasing economic crisis
The ties between Turkey and China have almost become a one-way street as the financial situation of Ankara and Beijing is weakening …
Lower costs, convenience with China-centric digital payment solutions
Malaysian businesses and travellers that deal with China’s cashless economy will soon be able to save up to 50% on foreign exchange costs and enjoy fast and secure cross-border, multi-currency …
Import liberalisation as export destruction: Evidence from the United States
Import liberalisation brings down import costs and increases competition. But with scale economies, import liberalisation can also reduce the productivity of domestic industry by shrinking its scale, …
‘China didn’t hoard grains’: stockpiling to ensure domestic food security has global implications
As food prices rise globally and war rages between two of the world’s biggest grain suppliers, Beijing is intent on securing an adequate food supply for the most populous country But some Western …
Court rejects bid to ban imports from China’s Xinjiang region over labour concerns
Activists concerned about forced labour have lost a court bid for a general ban on the Canadian importation of all goods from the Xinjiang region of China.
China’s slump has put the US luxury market in the spotlight
And that’s a good thing for the industry, because with Shanghai in lockdown and European demand potentially hurt by the war in Ukraine, the US is picking up the bling baton. In 2021, luxury growth…
China makes semi-secret delivery of missiles to Serbia
Russian ally Serbia took the delivery of a sophisticated Chinese anti-aircraft system in a veiled operation this weekend, amid Western concerns that an arms buildup in the Balkans at the time of the …
Canton Fair 2022: Intelligent Manufacturing Upgrade Empowers Rapid Evolution of China’s Machinery Industry
The 131st Canton Fair will be held online from April 15-24. According to Maggie Pu, Deputy Director General of the Foreign Affairs Office of the Canton Fair, a slew of highly-expected new products …
