Sales jumped 14.5% in May from a year earlier, driven by heavy discounts and promotions, after snapping a nearly two-year losing streak in the previous month.. ( read original story …)
Tagged By covid-19
Tesla wins China approval to build Model 3 vehicles with LFP batteries: ministry
Tesla Inc has received government approval to build Model 3 vehicles in China equipped with lithium iron phosphate (LFP) batteries, a document on Ministry of Industry and Information Technology … ( read original story …)
E.U. Slams China Over Disinformation Campaign
The U.S. surpassed two million coronavirus cases on Wednesday. Infections are rising in 21 states, as governments ease restrictions and Americans try to return to their routines. ( read original story …)
China vows to protect coronavirus-hit Hubei from flooding
China on Thursday said it would spare no effort to ensure the novel coronavirus epicentre of Hubei province was well protected from flooding this summer, amid warnings that heavier-than-usual rain … ( read original story…
Firefighters Put Out A Burning SUV in Beijing, China
Chinese fire fighters finish putting out a burning KIA SUV on a main road in Beijing on Wednesday, June 10, 2020. China launched its first public recruitment campaign to employ professional … ( read original…
Luxury brands rebound in China, but they’ve been changed by coronavirus forever
Chinese shoppers are finally starting to snap up high-end handbags, shoes and jewelry again, giving the luxury goods industry hope that a recovery from the coronavirus pandemic is on the way. ( read original story…
Australia Won’t Be ‘Intimidated’ Amid China Economic Threats: PM
Australia warned Thursday it would not be intimidated by attempts at economic “coercion” after China threatened to undermine the multi-billion dollar flow of Chinese tourists and students to the … ( read original story …)
The mystery document holding up China’s sale of Anbang hotels
When South Korean asset manager Mirae pulled the plug on a $5.8bn hotel deal with China’s Anbang in April, it looked like one more casualty of the coronavirus outbreak. The acquisition agreed in … (…
Grubhub, Just Eat Takeaway Merger To Create ‘World’s Largest Food Delivery Business Outside China’
Takeaway and Grubhub will merge in a $7.3 billion deal The merger will create the world’s largest online food delivery company outside China The combined group will focus its expansion on the U.S., … (…
Australian PM on China tensions: country won’t trade values in response to ‘coercion’
Australian Prime Minister Scott Morrison said that he would not be intimidated or give into coercion when asked on Thursday whether Australia would keep taking hits on exports from major trading … ( read original…
China reports 11 new imported coronavirus cases as of end-June 10, vs three a day earlier
Mainland China reported 11 confirmed and four new asymptomatic COVID-19 cases by the end of June 10, the National Health Commission said on Thursday. ( read original story …)
In post-lockdown China, student mental health in focus amid reported jump in suicides
Some Chinese students returning to school after lockdown are grappling with familial conflict while others are stressing over how coronavirus disruptions have affected their academic performance, … ( read original story …)
Breakingviews – Corona Capital: Make infrastructure great again
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story …)
