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More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency
qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801
More than 1 in 5 cars sold on Earth this year will be electric
Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024
  • Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).

  • The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.

  • The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.
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China's first-quarter industrial profits rise at slower pace: BEIJING (Reuters) -- China's industrial profits posted smaller gains for the first quarter ...
asia.nikkei.com/Economy/China-s-first-quarter-industrial-profits-rise-at-slower-pace
China's first-quarter industrial profits rise at slower pace
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The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn the Global Order
foreignaffairs.com/china/axis-upheaval-russia-iran-north-korea-taylor-fontaine
The Axis of Upheaval: How America’s Adversaries Are Uniting to Overturn ...
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Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...
bloomberg.com/news/articles/2024-04-26/chinese-stocks-draw-record-3-billion-influx-by-global-funds
Chinese Stocks Draw Record $3 Billion Influx by Global Funds
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China tea chain ChaPanda sinks in Hong Kong IPO as market sours: HONG KONG -- Sichuan Baicha Baidao, a Chinese low-priced tea chain also known as ChaPanda ...
asia.nikkei.com/Business/Markets/IPO/China-tea-chain-ChaPanda-sinks-in-Hong-Kong-IPO-as-market-sours
China tea chain ChaPanda sinks in Hong Kong IPO as market sours
Quick Glance: ChaPanda's Disappointing Hong Kong Debut Sees 40% Price Drop
  • Chinese tea chain Sichuan Baicha Baidao, also known as ChaPanda, had a disappointing debut on the Hong Kong market with a significant price drop in morning trading.

  • The shares opened at 15.74 Hong Kong dollars, 10% below its IPO price of HK$17.50, and plummeted close to 40% at one point, closing the morning session at HK$11.34, down by 35%.
Profile picture of AsiaOne
Spot the difference: Hong Kong chef's tattered tee resembles $1,500 Balenciaga top, says netizen
asiaone.com/lifestyle/spot-difference-hong-kong-chefs-tattered-tee-resembles-1500-balenciaga-top-says-netizen
Spot the difference: Hong Kong chef's tattered tee resembles $1 ...
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China's distressed property developers reveal wave of job cuts: HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and ...
asia.nikkei.com/Business/Markets/China-debt-crunch/China-s-distressed-property-developers-reveal-wave-of-job-cuts
China's distressed property developers reveal wave of job cuts
Profile picture of Insider (news website)
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Tesla needs to fire Elon Musk as CEO if it wants to save itself
Quick Glance: Elon Musk must be removed as CEO to save Tesla
  • Tesla is struggling with declining sales, layoffs, and issues in China.

  • Elon Musk is blamed for the company's state and his departure could save Tesla.

  • Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Profile picture of The Diplomat
As Blinken Heads to China, What’s on the Agenda?: China’s support for Russia will be a primary topic, along with war in the Middle East and tensions over Taiwan ...
thediplomat.com/2024/04/as-blinken-heads-to-china-whats-on-the-agenda/
As Blinken Heads to China, What’s on the Agenda?
Quick Glance: Blinken Discusses Key Issues with China
  • USA and China discuss global conflicts and tensions in Shanghai and Beijing.

  • Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.

  • Calls for China to exert influence on Iran and maintain stability in the region.

  • Disputes over human rights, synthetic opioids, and illegal activities.
Profile picture of The Drive
F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'
thedrive.com/news/f1-drivers-surprised-by-china-track-thats-been-repainted-not-resurfaced
F1 Drivers Surprised by China Track That's Been 'Repainted ...
Profile picture of WION
Watch: China launches manned spaceship to Tiangong space station for six months : China on Thursday (Apr 25) launched a manned spaceship into space from the ...
wionews.com/world/watch-china-launches-manned-spaceship-to-tiangong-space-station-for-six-months-714965
Watch: China launches manned spaceship to Tiangong space station for ...
Profile picture of Nikkei Asia
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...
asia.nikkei.com/Business/Markets/IPO/Hong-Kong-hit-by-third-straight-IPO-flop-as-AI-player-Mobvoi-disappoints
Hong Kong hit by third straight IPO flop as AI player Mobvoi disappoints
Profile picture of Bloomberg
Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival: Hong Kong Exchanges and Clearing Ltd. is having its best week in years.
bloomberg.com/news/articles/2024-04-26/hong-kong-bourse-regains-favor-on-hopes-of-a-market-revival
Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival
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Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub Ambition: Hong Kong is set to follow in the footsteps of the US by listing a batch of ...
bloomberg.com/news/articles/2024-04-23/hong-kong-bitcoin-btc-ether-eth-etf-launches-to-test-crypto-hub-ambition
Hong Kong Bitcoin (BTC), Ether (ETH) ETF Launches to Test Crypto Hub ...
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China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...
reuters.com/business/autos-transportation/chinas-largest-auto-show-showcases-all-electric-future-local-brands-dominate-2024-04-25/
China's largest auto show showcases all-electric future, local brands ...
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Formula 1: Zhou Guanyu bursts into tears after Shanghai race!: What emotional scenes! After the Chinese driver crosses the finish line, tears stream down his ...
rtl.de/cms/formel-1-zhou-guanyu-bricht-nach-shanghai-rennen-in-traenen-aus-5084601.html
Formula 1: Zhou Guanyu bursts into tears after Shanghai race!
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Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%
Profile picture of France 24
Has Germany’s far-right AfD become a gateway for Chinese and Russian spies?: The arrest this week of an aide to the far-right Alternative for Germany (AfD)'s ...
france24.com/en/europe/20240426-has-germany-s-far-right-afd-become-a-gateway-for-chinese-and-russian-spies
Has Germany’s far-right AfD become a gateway for Chinese and Russian ...
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China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - Bloomberg: Chinese stocks listed in Hong Kong are poised for their best week versus mainland ...
bloomberg.com/news/articles/2024-04-26/china-stocks-in-hong-kong-trounce-onshore-peers-as-tech-rallies
China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - ...
Profile picture of Nikkei Asia
China's technological development has run out of steam: Nina Xiang is managing director at TH Capital, an investment advisory and asset management firm ...
asia.nikkei.com/Opinion/China-s-technological-development-has-run-out-of-steam
China's technological development has run out of steam