Shanghai-built Model 3 and Model Y exports plunge amid growing price pressure and rising domestic EV rivals.
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Tag:
China
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Life
Starbucks Cedes Control of China Unit to Boyu Capital in $4 Billion Deal
by Daphne Dougnby Daphne DougnCoffee giant bets on local partnership to reignite growth as low-cost rivals Luckin and Cotti squeeze market share.
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Tech
China ‘Reawakens’ 2,000-Year-Old Technology to Build a Chip 1,000 Times Faster Than Nvidia’s GPUs
by Dean Dougnby Dean DougnIf successful, this technology could mark China’s most significant computing breakthrough in decades — a fusion of ancient analog principles …
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BUSINESSTech
Beijing Kills EV Subsidies: The $100 Billion Signal That China’s EV Sector is Officially ‘Grown Up’
by Daphne Dougnby Daphne DougnThis signals a strategic shift in the world’s second-largest economy: #China is done funding its winners, and is now focusing …
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BUSINESS
Starbucks Sells Off $4 Billion Stake in China: Is the Coffee Giant Retreating as Local Rival Luckin Dominates?
For all global brands, the coffee war in China is a defining test of whether a high-cost, aspirational foreign model …
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Despite mounting pressure from Washington, Beijing is displaying resilience, seeking new partnerships, and demonstrating its willingness to engage in a …
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This marks the first resurgence of large-scale barter trade between Russia and China since the 1990s