66 h. ago China’s subsidy change adds to EV makers’ stress as more buyers consider petrol cars

Growth momentum in the mainland car market may shift from battery-powered to petrol-based models this year on account of a revised subsidy policy, exacerbating a bearish profit outlook for the country’s 50-odd electric vehicle (EV) builders. Slower growth in EV adoption would deal another heavy blow to assemblers from BYD to Leapmotor, which are known for low-priced cars, after big-name international banks reduced forecasts for car deliveries this year. “Petroleum-powered cars will regain market...

Politics

66 h. ago China’s subsidy change adds to EV makers’ stress, while petrol cars gain

China’s subsidy change adds to EV makers’ stress, while petrol cars gain  South China Morning Post

Politics

5 d. ago Xi stresses the need to win the fight against corruption in China

Xi stresses the need to win the fight against corruption in China  Reuters

Politics

6 d. ago ‘Strictly forbidden’: China warns hikers off Aotai Line after 3 die on infamous trail

Chinese authorities have again stressed that hiking on the deadly Aotai Line in northwestern China is illegal after three more people died on what Chinese media has described as the country’s “most dangerous hiking route”. “It is strictly forbidden to conduct unauthorised hiking traverses and similar activities [on the Aotai trail],” the General Administration of Sport’s mountaineering management centre said in a notice on Friday. “Recently, five individuals undertook an unauthorised crossing of...

Events

1 week ago South Korea, China to hold New Year summit as Lee stresses autonomy

South Korea, China to hold New Year summit as Lee stresses autonomy  upi.com

Politics

1 week ago China Stresses Opposition to Any Foreign Interference in Iran’s Internal Affairs

China Stresses Opposition to Any Foreign Interference in Iran’s Internal Affairs  WANA News Agency

Politics

1 week ago China says it is still ‘committed’ to ties with Venezuela and energy cooperation

China remained committed to its energy partnership with Venezuela and stressed that the cooperation between the two countries was protected by international law, the foreign ministry in Beijing said on Monday. Following this weekend’s raid that saw President Nicolas Maduro captured and taken to the United States, Chinese foreign ministry spokesman Lin Jian was asked whether the country, the largest customer for Venezuelan oil, would continue the imports. He did not answer directly, but said:...

Science

1 week ago Xi stresses nonstop efforts to fight undesirable work styles

Xi Jinping, general secretary of the Communist Party of China Central Committee, stressed that the fight against undesirable work styles should not be stopped.

Politics

3 w. ago China stresses that any agreement on TikTok in the U.S. must adhere to its laws

China stresses that any agreement on TikTok in the U.S. must adhere to its laws  De Último Minuto

Politics