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...“The amount of money saved by laying off staff is insufficient compared to the 40-50 per cent decline in prices in the market over the last 12 months,” she said....
...The most recent readings are showing that price pressures are edging up a little....
...The economy has struggled with deflation, with consumer prices rising just 0.1 per cent in March. China reports April consumer and producer price indices on Saturday....
...The value of China’s exports climbed 1.5 per cent last month from a year earlier, improving from an annual decline of 7.5 per cent in March when lower prices battered Chinese producers....
...March Personal Consumption Expenditures and Consumer Price Index readings have confirmed that disappointing figures for January and February were not some seasonal blip, raising the prospect that US price...
...edward.luce@ft.com...
...The share prices of Geely units Volvo, EV brand Polestar, Lotus Technology and ECARX are down an average 60 per cent since their listings....
...Edward White is the FT’s China correspondent. *Some specific details pertaining to Rahile Dawut’s wider family have been omitted, at Akeda’s request, because of safety concerns....
...But although it’s true that prices of used cars and plane tickets have been falling, others haven’t behaved so helpfully....
...But Tesla’s recent loss of market share in the country comes after a decision to slash prices in China in late 2022 sparked a price war that has driven intense competition in the domestic auto market....
...Despite the share price jump on Monday, analysts in China voiced caution....
...The market is unable or unwilling to price any adoption gains ahead of delivery. Consequently, companies adopting AI have underperformed the broader market....
...With the ICE market remaining weak owing to huge overcapacity and acute price pressures, companies are increasing exports from China....
...Partnership Editions aims to make art accessible to everyone — with prices from as low as £55 — and works collaboratively with several very interesting emerging artists....
...Why risk inflating a speculative bubble in asset prices that are already soaring to record highs for stocks, gold, bitcoin and houses? Why mess with success?...
...Below-market prices for Chinese products could have “potentially devastating effects” on workers, communities and businesses overseas, Blinken said....
...BYD has slashed prices of almost every model in its line-up since the start of 2024, as the group vowed to win battles both with EV upstarts and with traditional brands such as Toyota and Volkswagen....
...Earlier this year, Tesla cut the monthly subscription price for its full self-driving system in the US. Musk has also talked about licensing its systems to other carmakers....
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...Finally, do read my colleagues Gideon Rachman on the Squaukus over Aukus and Robert Shrimsley on the future of an increasingly rudderless and electorally doomed Conservative party — “the price of not policing...
...Despite the price performances of the listed shares, people close to Geely dismiss the price moves as short-term blips....
...Despite the positive share price reaction on Monday, there were no statements from Tesla, Baidu or the government....
...Edward Price is principal at Ergo, a consulting firm, and teaches at New York University’s Center for Global Affairs. Globalisation has failed....
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