Italy and Spain support EU’s imposition of tariffs on electric vehicles from China.
The European Union has requested its 27 member states to submit their opinions on imposing tariffs on electric cars from…
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China’s June retail sales growth hits one-and-a-half-year low
China’s economy is struggling, with consumption still lagging behind. According to data released by the National Bureau of Statistics, in…
Huawei issues $1 billion in bonds, multiple phone models see sharp decline in recent market performance.
Huawei issued 1 billion RMB in bonds, attracting market attention. This marks the first issuance of medium-term notes by Huawei…
China’s second quarter GDP growth slows significantly behind expectations, experts analyze
In China, the economic growth rate in the second quarter fell far below expectations, marking the weakest performance in five…
China’s New Housing Prices Hit Largest Drop in 9 Years as Property Market Struggles to Hit Bottom.
China’s real estate industry continues to struggle, and finding a bottom seems elusive. In June, new home prices recorded the…
Chinese Top 4 Airlines Expected to Lose 8.1 Billion in First Half, Full-year Profit Still Difficult
China’s four major airlines, Air China, China Southern Airlines, China Eastern Airlines, and Hainan Airlines, have released their semi-annual reports,…
Autonomous Taxis Take Over the Market, Leaving Millions of Drivers Worried About Unemployment
In the midst of China’s deteriorating economy and high unemployment rates, Baidu has launched driverless taxis named “Luobo Kuai Pao”…
High Prices of American Groceries Still a Concern: Experts Share Tips on Saving Money
Despite the overall slowdown in inflation in the United States, grocery prices remain high, making purchasing a full cart of…
Chinese banks lower account transaction limit to 5000 yuan
In recent years, incidents such as frozen bank cards and reduced transfer limits have been on the rise, often becoming…
Chinese Communist Party Official Admits Chaotic Competition in the Automobile Market Impacting Industry Chain
During the China Auto Forum held on July 12, 2024, Chinese Communist Party officials acknowledged the presence of disorderly competition…