American manufacturers waiting for their government to subsidize the industry in a way that matches Chinese support will be waiting a very long time.
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Chinese EV tariffs pushes production in Europe; Western brands also set to feel the impact
After a year of investigations and talks, the EU will impose tariffs up to 35.3% on Chinese electric vehicles starting today, 30 October. This will impact Chinese manufacturers but won’t stop their …
China accuses EU of ‘protectionism’ after it imposes hefty ‘anti-subsidy’ tariffs on Chinese EVs
China responded with anger to European Union duties on imports of Chinese-made battery electric vehicles, accusing the 27-member country bloc of “pure protectionism” that would hurt trade, consumers …
US LNG export gains at risk if Trump wins election and boosts tariffs, analysts say
U.S. exporters of liquefied natural gas (LNG) could face new hurdles if Republican Donald Trump wins the presidential election because of a proposed 60% tariff on imports from China, despite the …
China lost 36% of its billionaires to years of economic troubles and crackdowns
China lost 432 billionaires since the high of 1,185 in 2021, according to a list compiled by the Hurun Research Institute.
Toyota Sales Fell in Japan, China as Hybrids see Growth in US
Toyota Motor Corp.’s sales in Japan and China are struggling to shake off a series of challenges, including rising competition from electric-vehicle brands, domestic scandals and recalls abroad, …
Luckin Coffee, Haidilao and other China chains may be suffering indigestion from regional expansion
WITH competition at home squeezing profits, a growing number of Chinese restaurateurs are looking overseas for fresh opportunities. But there are many challenges on the road to success abroad, not …
GM CEO Mary Barra says there’s so much EV competition in China that it’s driving a price war that isn’t sustainable
General Motors CEO Mary Barra says the EV race in China is largely driven by a pricing competition where asking prices are getting “lower and lower.” …
China is reshaping, not choking, private business
Is China choking off its private companies? After more than a decade of increasingly centralised rule under President Xi Jinping, the answer seems clear. The private sector is on the wane due to …
Jade City Launches MVP Platform To Revolutionize $50 Billion Jade Market With Blockchain
Jade City launches MVP for tokenized jade market, offering high yields and transparency. Backed by large jade mine, uses DeFi principles and blockchain to reshape market.
The EU will impose duties on electric vehicle imports from China by Thursday
The European Union says it will impose duties on imports of electric vehicles from China from Thursday, after talks between Brussels and Beijing failed to find an amicable solution to their trade …
The EU will impose duties on electric vehicle imports from China from Thursday
The European Union says it will impose duties on imports of electric vehicles from China from Thursday, after talks between Brussels and Beijing failed to find an amicable solution to their trade disp …
French minister to challenge China over ‘political’ cognac duties
France will challenge China over its import duties on brandy, which Paris calls political and unjustified, when junior trade minister Sophie Primas visits Shanghai next week, two French diplomatic …
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