(Bloomberg) — South Africa has taken a preliminary step toward filing a complaint with the World Trade Organization against the European Union over its treatment of citrus purchases from the country. Most Read from Bloomberg The African nation has requested consultations with the EU at the WTO in a bid to resolve the dispute, the […]
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Did China just pull ahead of Japan to become the world’s top car exporter? Beijing clearly thinks so, but Tokyo isn’t quite ready to concede its long-held crown. […]
TOKYO (AP) — Data from a Japanese auto industry association show that China overtook Japan as the world’s largest vehicle exporter last year. The Japan Automobile Manufacturers Association reported Japan exported 4.42 million vehicles in 2023, up 16% from a year earlier, while domestic auto sales totaled nearly 4.78 million vehicles. According to figures released […]
China’s global dominance in electric cars helped it overtake Japan as the world’s biggest vehicle exporter last year, official data confirmed Wednesday. Japanese giants such as Toyota and Nissan have been much more cautious than their Chinese counterparts like BYD on electric vehicles (EVs), banking instead on hybrid models. Figures released Wednesday by the Japan […]
A surge in Russian demand has made China the world’s top car exporter, per the Wall Street Journal. Chinese brands have flooded the Russian market since the war in Ukraine began. European, Japanese, and Korean car brands meanwhile have largely left Russia. China’s auto industry appears to have emerged as a beneficiary of Russia’s ongoing […]