The backflipping robot maker raised $905 million in Shanghai, highlighting investor appetite for China’s next major AI hardware industry.
China
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Zeekr robotaxis remain far cheaper than Waymo’s Jaguar fleet, exposing the extraordinary cost advantage of Chinese EV manufacturing.
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Beijing is aligning enforcement of new offshore wealth rules as an October deadline raises concerns among rich Chinese families.
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BUSINESS
Trump Imposes New Tariffs on Nearly All US Imports as Temporary Levy Expires
by Dean Dougnby Dean DougnThe Trump administration imposed new 10% and 12.5% tariffs on imports from 60 trading partners, with Vietnam and China facing …
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Nike Is Taking Back Control of China E-Commerce—Will It Backfire?
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China’s 4.3% second-quarter growth missed forecasts as investment plunged, increasing expectations of fresh policy support.
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BUSINESSReviews
Germany’s Economic Engine Is Stalling as Three Strategic Bets Unravel
by Dean Dougnby Dean DougnCheap Russian gas, China’s demand, and open global trade once powered Europe’s largest economy. Now Germany is rebuilding its industrial …
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US Drives Exports, China Dominates Imports, While Vietnam Delivers a Rare Trade Surplus for Cambodia
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BUSINESSReviews
Alibaba and BYD Added to Pentagon List Over Alleged China Military Links
by Dean Dougnby Dean DougnUS designation intensifies scrutiny of major Chinese firms as Washington deepens efforts to curb perceived national security risks.
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Markets are watching whether Washington and Beijing can manage rivalry before it disrupts trade, inflation, and supply chains again.