Tag: Chinas

China’s Envoy Rebukes Australia Over Taiwan Election Comment

(Bloomberg) — China has made “serious representations” to Australia over a statement on Taiwan’s election result by the foreign ministry in Canberra, in the latest challenge to recently improved ties between the two nations. Most Read from Bloomberg Chinese Ambassador Xiao Qian said on Wednesday that his government had rebuked Australia over comments by the […]

China’s SAIC set to add 14 vehicle vessels to boost exports

SHANGHAI/BEIJING (Reuters) -SAIC Motor Corp plans to add 14 vehicle vessels in the next three years to its fleet of carriers as the state-owned Chinese automaker aims to boost sales in overseas markets, it said on Wednesday. SAIC-owned Anji Logistics operates 31 carriers that have been shipping vehicles produced by Chinese automakers including Dongfeng, Yutong […]

With carmakers in a ‘state of shock’ over Tesla-beating BYD’s prices, EU investigators will visit China’s EV giants as part of an anti-subsidy probe

China might have problems with its economy, but as an exporter of affordable electric vehicles, it’s on a tear. Now, investigators from the European Commission will visit Chinese EV makers as part of a probe into whether they have an unfair advantage thanks to government subsidies. In the coming weeks, the EU investigators will visit […]

China’s Export Controls Might Trigger a U.S. Graphite Boom

In the name of “national security”, Beijing has imposed new exports controls on graphite, restricting one of the most critical battery metals to Western markets as China attempts to dominate the global EV market. It’s both a threat and an opportunity. It’s an opportunity if you are a rare graphite processing company with operations in both […]

Weak economy, COVID rampage likely shrank China’s population again in 2023

By Farah Master HONG KONG (Reuters) – China’s population likely dropped for a second consecutive year in 2023 due to a surge in COVID-related deaths after the country abruptly ended strict lockdowns, while weak confidence in the economy’s prospects keeps birth rates depressed. Demographers estimate population data on Jan. 17 to show the number of […]

US intel shows China’s army had missiles filled with water instead of fuel, in a corruption scandal that led to Xi’s military purge: Bloomberg

US intelligence says China’s military purge stemmed from serious equipment issues, per Bloomberg. Examples of these include missiles that had been filled with water instead of fuel, per Bloomberg. The problems are a blow to Xi Jinping‘s focus on the Rocket Force, China’s main nuclear arm. China’s army fielded missiles filled with water instead of […]