Chinese Automakers Tell Suppliers to Cut Costs as Price War Deepens
China’s electric vehicle market is the world’s largest — and its most cutthroat, with dozens of brands jostling for position.
China's cut to coal power share is a rare but key climate win
China's power firms are on track to cut coal's share of annual electricity generation to below 60% for the first time in 2024 ...
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Wall Street is cutting outlooks for Chinese stocks just weeks after a stimulus blitz
China's stock market is likely headed for tougher times ahead, at least according to a few prominent Wall Street firms.
BYD asks suppliers to cut prices as China auto war intensifies
Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest ...
VW’s controversial Xinjiang plant sale signals strategic shift in China
VW sells assets to address political risks and cut excess capacity, while extending its partnership with to regain market ...
China’s EV price war is so brutal that BYD is trying to pinch its suppliers
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals ...
Stock market today: Global shares mostly fall on worries about Trump's tariffs
Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose ...
Johnson & Johnson, Merck cutting jobs in China, Bloomberg reports
Johnson & Johnson (JNJ) and Merck (MRK) are cutting jobs in China as they face growing competition from domestic rivals resulting from ...