Local brands juggle price war with need to increase production. Now, the foreign car makers want their market share back.
Tagged By china
China’s Changan Auto to invest $285 million in EV facility in Thailand
The logo of Changan is seen on the carmaker’s booth at the 2016 Moscow International Auto Salon in Moscow, Russia, August 26, 2016. REUTERS/Sergei Karpukhin
Yellen calls for ‘constructive and fair’ US economic ties with China
The U.S. seeks “constructive and fair” economic ties with China, but will protect its national security interests and push back against China’s actions to dominate foreign competitors, Treasury Secretary Janet Yellen will say in a…
China snubbed Wagner arms request, says US intelligence leak
Classified document suggests Beijing did not respond to Russian paramilitary group’s request for weapons in early 2023
India’s population set to surpass China’s in summer 2023, U.N. says
China and India have long had the largest populations on the planet, but in recent decades, vastly different birth rate trends have tipped the balance.
As China fixes its property mess, can foreign capitalists benefit?
The Chinese company, which is the world’s most indebted property developer, with some $300bn in liabilities, defaulted in late 2021 and has been fending off creditors ever since. When the firm delayed …
Hedge funds exit China property bonds after booking triple digit gains
Hedge funds exit China property debt and see challenges in matching last year’s spectacular returns when a rebound in select distressed bonds drove profits …
China’s Changxin Memory mulls local IPO at $14.5 bln valuation: Report
CXMT plans to list on Shanghai’s Nasdaq-style STAR board this year, the report said, citing people familiar with the matter, adding that the company is in the process of picking underwriters and has …
Hong Kong bishop hopes for closer ties with Beijing diocese
BEIJING (AP) — Hong Kong’s Roman Catholic bishop said in a historic trip to Beijing that he hopes the dioceses of the two cities will have more exchanges and cooperation, local media reported Thursday …
A hospital fire killed 29 in Beijing, but residents were kept in the dark for hours
The deadliest fire to hit the Chinese capital in two decades killed 29 people in a hospital Tuesday, but most people didn’t hear about it until several hours later, and even then the details were…
China’s central bank official dismisses long-term deflation scenario
A recovery in Chinese consumer demand needs time to pick up due to the “scarring effect” of COVID-19, but there is no basis for any long-term deflation, an official from the People’s Bank of China…
Barrasso: Time to end business as usual with China
(Editor’s note: The following op-ed was originally published Wednesday in the Washington Times. Is is reprinted here with permission.) …
China’s EV Market Has Undergone ‘Epochal Changes’ in Past Decade, CEO of Italian Car Designer Pininfarina Says
In the past decade, especially since Pininfarina’s last visit to China before the Covid-19 pandemic, the Chinese electric vehicle market has undergone “epochal changes,” according to the chief …