Tag: China
Reuters: Western Cars Continue to Enter Russia via China Despite Sanctions
According to Reuters, Russian car dealers are bypassing sanctions by importing tens of thousands of European, Japanese, and South Korean vehicles through Chinese intermediaries....
Trump orders creation of a U.S. reserve of rare earth elements...
U.S. President Donald Trump has ordered the creation of a reserve of rare earth elements and other strategic minerals in the United States worth...
Tesla sales continue to decline in Europe, but break records in...
American electric car manufacturer Tesla saw a sharp year-on-year decline in sales in major European markets in November. This is despite the launch of...
Bloomberg: Cheap Chinese auto parts flood the German market
Cheap Chinese auto parts are flooding the German market and increasing pressure on local manufacturers, who are already struggling with weak demand and high...
Computer manufacturer Lenovo’s quarterly profit fell by five percent, while sales...
Chinese company Lenovo, the world's largest computer manufacturer, saw its net profit fall by five percent to USD 340 million in the second financial...
Shein to open its first brick-and-mortar stores in France
Asian fast fashion online retailer Shein will open its first brick-and-mortar store in November. It will be located in Paris in the BHV Marais...
Shares in Chinese carmaker Chery rose by up to 14 percent...
Shares in Chinese carmaker Chery Automobile temporarily rose by up to 14 percent on their first day of trading on the Hong Kong stock...
French spirits producer Pernod Ricard sees decline in sales and profits,...
French spirits producer Pernod Ricard saw its sales fall by three percent to €10.96 billion (CZK 269 billion) in the 2025 financial year, according...
Canalys: India overtakes China in smartphone imports to the US
India has overtaken China to become the largest importer of smartphones to the United States. Phones assembled in India accounted for 44 percent of...
China’s DeepSeek releases improved AI model R1, increasing competition for OpenAI
Chinese artificial intelligence (AI) start-up DeepSeek has released an update to its R1 logical reasoning model. This increases competitive pressure on US companies such...
