Tag: "China"

Economic

China’s Economy Hits a Snag as Industrial Profits Tumble

China’s industrial sector is facing significant challenges, as profits dropped sharply in September, marking the steepest decline since the onset of the pandemic. According...

Business

Tim Cook’s China Visit: Strengthening Apple Intelligence Amidst Competition

Apple’s CEO Tim Cook is reportedly in China to strengthen support for the company’s latest artificial intelligence initiative, Apple Intelligence. This visit comes amidst...

Business

Consumer Behavior Shifts in Focus During China’s Golden Week

During China’s recent Golden Week holiday, consumer spending patterns revealed a trend of caution and a shift towards experiential purchases. Despite a rise in...

Economic

India Declines RCEP: Concerns Over China’s Trade Practices

India has officially decided not to join the Regional Comprehensive Economic Partnership (RCEP), a major trade agreement involving 15 Asia-Pacific countries. This decision, reiterated...

Business

Tesla Set to Expand Full Self-Driving to Europe and China in Early 2025

Tesla has announced plans to roll out its Full Self-Driving (FSD) service in Europe and China in the first quarter of 2025. This expansion...

Business

BYD Shatters Expectations: Setting New Sales Records in August

Chinese electric vehicle (EV) behemoth BYD has defied market expectations by achieving a remarkable milestone in August. Despite a broader slowdown in the Chinese...

Business

Tesla Slashes Prices by Nearly $2,000 in China, Keeping Pace with U.S. Cuts

In a bid to combat falling sales and intensifying competition in the electric vehicle (EV) market, Tesla has announced significant price reductions for its...

Business

Addressing Overcapacity: U.S. and China Hold Talks on Economic Balance

In a significant development aimed at addressing concerns over overcapacity, the United States and China have agreed to hold talks on achieving “balanced” economic...

Economic

Mumbai Takes the Crown: Asia’s Billionaire Capital Shifts from Beijing to India’s Financial Hub

In a groundbreaking shift of wealth and economic power, Mumbai, the financial hub of India, has overtaken Beijing to become Asia’s billionaire capital for...

Business

Xiaomi Takes on Tesla: Introducing the SU7 Electric Sedan Under $70,000

In an exciting development in the electric vehicle (EV) market, Chinese tech giant Xiaomi has announced that its upcoming electric sedan, the SU7, will...

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