Chinese businesses, from coffee shops to electric-vehicle makers to property developers, are accused of rushing into markets and then slashing prices to stay afloat, a practice that has economists ...
Continued weaker demand for hybrid vehicles slowed the growth in China’s new energy vehicles to 12% in July from nearly 20% in June, according to official Chinese data published on Friday. Overall ...
A Bain & Co. partner has cautioned that the ongoing price wars among Chinese electric vehicle manufacturers in overseas markets could potentially raise doubts about the quality of their products.
Your browser does not support the video element. Your browser does not support the video element. The midtown Manhattan building where Jackie Kennedy, Elizabeth ...
WASHINGTON — President Donald Trump on Monday retreated on the Chinese tariffs portion of his trade war against the world, calling it a great success that would “be fantastic for us.” “They’ve agreed ...
The Trump administration is working to calm the public after the Chinese Embassy in Washington said earlier this week that the country was ready to fight a trade war or “any other type of war” with ...
Ji Yue 01 at Auto Guangzhou 2023. The company has since drastically sliced its staff and operations amid a financial crisis. Credit: Wikimedia Commons/ Tim Wu China’s transformative impact on the ...
BEIJING (AP) — China’s stock market is buzzing over government promises to tackle price wars that have hurt profits and worsened global trade tensions. The prevailing catchphrase is “anti-involution,” ...