Chinese electric vehicles that cost as little as $12,000 could supercharge the green energy transition, but might kill the American auto industry in the process.
Tagged By import
Criticizing China for “Dumping” Cheap EVs Is a Bit Rich
Tariffs, these leaders say, are essential to confront this threat. “It’s very important to protect our workers and our firms in these strategic sectors from the kind of dumping that results when China …
Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model Y. Deliveries for Onvo’s first …
Alibaba Analysts Look For Signs Of Q4 Rebound: ‘Cloud Business Could Record Double-Digit Growth In 2025’
Alibaba reported 7% year-on-year revenue growth — a “solid” beat. Analysts acknowledge “margin uncertainties in the coming quarters.”
Alibaba’s Hong Kong primary listing plan can open the doors to China’s 210 million investors
Alibaba Group Holding’s primary dual listing in Hong Kong could open the doors for China’s 210 million investors to buy a stake in the US$400 billion behemoth.
China weakness felt as Tod’s sales drop 4.7% in first quarter
Sales in its Greater China region fell 21%, impacted by a sharp drop in store … UTC · Updated ago Future of Moneycategory Wallet recovery firms buzz as locked-out crypto investors panic in bitcoin boom…
China navy secretly built what could be world’s first drone aircraft carrier: report
China has secretly built what could be the world’s first drone carrier, an analyst said. The report pointed to the vessel’s size to guess at its primary mission. Having a drone carrier would allow China…
HTX affiliate Huobi Hong Kong withdraws crypto licence application for second time, must shut down by August
HBGL, which operates Huobi HK, has withdrawn the licence application for unspecified reasons, requiring it to close the crypto exchange under the city’s virtual asset regulations.
Jamie Dimon says China’s relationship with Russia will make it difficult for the US to fully engage with it
The US should embrace full engagement with China, but expect a hard time along the way, JPMorgan CEO Jamie Dimon told Sky News. This will remain difficult as long as China is close to Russia,…
JPMorgan CEO Dimon favors full engagement with China, Sky News reports
The U.S. government is doing the right thing by fully engaging with China, JPMorgan Chase CEO Jamie Dimon said in an interview with Sky News on Wednesday, adding that Beijing was a fierce competitor,
Burberry’s profit slumps by a third as sales in China plunge
British luxury brand Burberry has reported a 34% drop in annual profit after sales fell sharply in China — its biggest market — in the final three months of last year.
War on Crypto Crime: Chinese Police Dismantle $1.9 Billion Underground Banking Ring
Chinese police dismantle a $1.9 billion illegal banking network using crypto, arresting 193 involved in the operation.
China Has Gotten the Trade War It Deserves
The Biden administration’s steep new tariffs are a rational response to Xi Jinping’s aggressive economic policies.
