Hints and tips:
...Li’s comments come after Musk was welcomed by senior government officials during a trip to China in May....
...Additional reporting by Gloria Li and Greg McMillan in Hong Kong...
...Entering the US for Chinese brands “may be difficult today”, Gu said. “We need to take time to study it and find a way to access that market.”...
...People close to Bao believe his problems may be connected to his lieutenant Cong, who served as China Renaissance’s president from 2020, after serving as chair of ICBC International Holdings Limited, a unit...
...However, Tesla is also coming under increased pressure due to increased competition and an ageing line-up, something that may see BYD overtake it in EV sales again in the coming months....
...“They have been raised in China’s hyper-competitive marketplace” so they may have an advantage in a “slower moving marketplace abroad”, said Tanner from China Skinny....
...“We pray that his gentle soul may now rest in peace.” Although they endured a long wait for justice, Richard and Gloria wasted no time in creating something positive out of their loss....
...“Some sellers also think that if they wait a little longer then the government may roll out more policies so that they can sell at a higher price....
...Annual utilisation rates at EV factories across the country will only be 33 per cent in 2023, Citigroup analysts projected in a May note....
...Despite the heavy marketing spend, industry watchers have raised concerns that the quality of Temu’s products quality may deter repeat customers....
...“A new round of EV price cuts may be ahead and industry consolidation may continue,” Citi analyst Jeff Chung wrote in a report earlier this month....
...The February, March, April, May, June and July 2024 contracts stopped trading after declining by the maximum daily limit of 14 per cent....
...Additional reporting by Gloria Li in Hong Kong...
...Gloria Onitiri’s Persephone is fabulous, lighting up the stage whenever she enters, but also bringing an edge of despair; Zachary James, as Hades, suggests that the bully-boy exterior conceals pain and loss...
...As of May, it had delivered more than 1,000 units of the Hengchi 5, its first electric model that it began selling in October, it said last month....
...incidents of Chinese authorities taking drastic action to clamp down on perceived challenges, including issuing millions of dollars in fines after a Beijing comedian joked about a military slogan on stage in May...
...China’s industrial production of electrical equipment and machinery rose 15.4 per cent year on year in May, according to Natixis....
...And although tabletop cooking feels like a rustic throwback, Landmark may be Vancouver’s most secret, luxury Chinese dining experience....
...When asked earlier in May about geopolitical tensions involving China and the US over Taiwan, Musk said there was “a certain inevitability to the situation”, given “the official policy of China is that Taiwan...
...Whereas some foreign executives may have begun to appreciate the existential threat they face in China, Weber said companies struggle to overcome corporate structures and cannot execute swiftly enough, despite...
...The process could take a decade or more, the second Hong Kong lawyer said, adding: “They may be looking at zero recovery.” Additional reporting by Cheng Leng, Gloria Li and Hudson Lockett in Hong Kong...
...Andrew Hupert, who set up a consultancy in Mexico last year for companies seeking to shift their manufacturing away from China, said that while many were diversifying geographically, decoupling may be slower...
...Dated though Henze’s dedication to Che Guevara and references to Ho Chi Minh may seem today, the core subject has become, depressingly, more relevant than ever....
...following subsidy cuts, Abhishek Murali, electric vehicles analyst at Rystad, a consultancy, said that “within the automotive industry there is some consensus that the rapid growth observed in 2021 and 2022 may...
...“I am looking at Russian brands like Gloria Jeans, Zarina — these are companies that have made a huge leap in progress”, he added, referring to fashion retailers that have surged in popularity since Zara...
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