Tag: China
Tesla considers customized EVs in China after angry outbursts
The American electric vehicle (EV) giant Tesla is working on vehicles customized for Chinese consumers as complaints about the quality of its products send...
BMW China-Great Wall Motor joint venture to begin production in 2023
The joint venture of Germany-based luxury vehicle maker BMW China with Great Wall Motor is set to start production in 2023, as the former...
China set to join US in leading the global economic recovery
China is set to join the US as twin engines for a global recovery in 2021 as its economy strengthened in the first quarter...
Following record fine on Alibaba, Jack Ma’s fortunes jump
China just slapped a record antitrust fine on one of the world’s largest retailer and eCommerce companies, Alibaba Group Holding, on account of market...
Alibaba accepts massive penalty by regulator: Says ‘happy to get the...
Alibaba, the Chinese tech giant, said that it accepts the record penalty imposed by the country's anti-monopoly regulator.
Recently, Chinese regulators had imposed a $2.8 billion...
Tesla shares added $50bn to market value on strong Q1 deliveries
American electric car and clean energy company Tesla’s stock soared on the last day, adding around $50 billion to its market cap after the...
China to work with UAE for affordable COVID-19 vaccines; Foreign Minister
Chinese Foreign Minister, Wang Yi has stated that their country wants to cooperate with the UAE to speed up the production of COVID-19 vaccines,...
Burberry becomes the latest to face China’s heat over Xinjiang labor...
The British fashion house Burberry has become the first luxury brand to confront the Chinese resentment over the Western allegations of abuses in Xinjiang.
A...