As yuan skids, markets bet more depreciation is in store:

thedrive.com/news/f1-drivers-surprised-by-china-track-thats-been-repainted-not-resurfaced

21

4

The Drive Apr 18

F1 Drivers Surprised by China Track That's Been 'Repainted, Not Resurfaced'

2.3k

Apr 25

Nissan, Mazda roll out new models for China as they aim for comeback: Nissan Motor and Mazda Motor unveiled new cars tailored for Chinese drivers on Thursday ...

reuters.com/business/autos-transportation/nissan-unveils-four-concept-cars-fuel-china-comeback-2024-04-25/

26

Apr 25

BHP's proposed bid for Anglo American is a big bet on copper: BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a ...

reuters.com/markets/commodities/bhps-proposed-bid-anglo-american-is-big-bet-copper-2024-04-25/

Quick Glance: BHP Proposes Acquisition to Anglo American

Anglo American receives BHP buyout proposal, reshaping the copper market.

The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

The potential deal could make BHP the world's largest copper producer with market impacts.

10

Apr 24

China's EV survival game creates peril - and power: By most measures, the last thing China needs is more electric cars crowding a market with more losers than ...

reuters.com/world/china/chinas-ev-survival-game-creates-peril-power-2024-04-24/

30

Apr 25

Blinken to meet businesses in Shanghai as he kicks off a tough China trip: U.S. Secretary of State Antony Blinken will meet business leaders in Shanghai on ...

18

Apr 24

China’s search for an answer to ChatGPT is just beginning: At depressed valuations, SenseTime offers a low-risk bet on a potential winner

ft.com/content/16bf83d1-0c51-456f-b283-8c7fe085ec68

Quick Glance: SenseTime Stock Surges 36% Post Latest AI Model Launch

SenseTime's stock surged 36% after unveiling the latest SenseNova generative AI model.

The company introduced SenseNova 5.0 at a Tech Day event in Shanghai, showcasing significant enhancements in linguistic and creative capabilities.

SenseTime is part of the Chinese companies developing alternative AI platforms to compete with US counterparts.

The launch of SenseNova 5.0 and SenseTime's efforts to boost growth amid intense competition and geopolitical tensions were emphasized.

21

Apr 24

Focus: China's BYD seeks to redefine luxury for the EV generation: Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show ...

reuters.com/business/autos-transportation/chinas-byd-seeks-redefine-luxury-ev-generation-2024-04-24/

19

Apr 22

Rescuers race to reach those trapped by floods in China's Guangdong: Floods swamped cities in southern China's densely populated Pearl River Delta following ...

reuters.com/world/china/rescuers-race-reach-those-trapped-by-floods-chinas-guangdong-2024-04-22/

34

Apr 24

China's Country Garden extends bonds to avoid first local default, Bloomberg News reports

reuters.com/markets/rates-bonds/chinas-country-garden-extends-bonds-avoid-first-local-default-bloomberg-news-2024-04-24/

1 similar article

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7

Insider (news website)

B-

Apr 24

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

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.

172

Apr 25

Yen inches closer to intervention point as BOJ meeting starts: For the first time in over 30 years, the yen weakened beyond ¥155 per dollar ...

japantimes.co.jp/business/2024/04/25/markets/yen-falls-past-155/

111

Apr 19

China AI Gold Rush Sees Retail Traders Hunting for Obscure Winners: Hunt is on for potential homegrown winners – however obscure – as China builds out an ...

bloomberg.com/news/articles/2024-04-19/china-ai-gold-rush-sees-retail-traders-hunting-for-obscure-winners

17

Apr 22

Chinese flying taxi sector claims global lead thanks to regulatory support: Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast ...

ft.com/content/c181d6ab-e560-427c-9254-9cadb62889b5

55

Apr 19

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

98

Apr 21

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

131

Apr 20

Verstappen wins Chinese GP sprint race: Red Bull's triple world champion Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand ...

reuters.com/sports/formula1/verstappen-wins-chinese-gp-sprint-race-2024-04-20/

Quick Glance: Chinese Grand Prix: Drama for Verstappen's Victory March?

The Chinese Grand Prix could bring drama to Formula 1, and Red Bull's Max Verstappen isn't a guaranteed winner.

The track is unknown and coated with thin asphalt, causing uncertain driving conditions.

McLaren's Lando Norris secured the pole for the sprint race after a rainy qualifying session that challenged drivers.

Practices revealed unusual names at the top, hinting at an entertaining race ahead.

35

Apr 21

Verstappen adds China to his list of victories: Triple world champion Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday with ...

reuters.com/sports/formula1/verstappen-adds-china-his-list-victories-2024-04-21/

43

Apr 25

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

28

Apr 20

Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi

ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5

82

Apr 23

US business group says policy ‘inconsistency’ hurting China investment: AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to ...

ft.com/content/849d5186-f955-43e5-90a5-e0968118fcce

24

19h

American Coleman believes Bolt's 100m record could fall soon: American sprinter Christian Coleman believes that Usain Bolt's 100-metres record of 9 ...

reuters.com/sports/athletics/american-coleman-believes-bolts-100m-record-could-fall-soon-2024-04-26/

10

Apr 23

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/

114

Apr 18

The Five Futures of Russia: And How America Can Prepare for Whatever Comes Next: And how America can prepare for whatever comes next.

foreignaffairs.com/russian-federation/five-futures-russia-stephen-kotkin

34

Apr 21

Ricciardo blasts Stroll after Chinese GP collision: Daniel Ricciardo accused Lance Stroll of not looking where he was going after the Aston Martin driver said an ...

reuters.com/sports/formula1/ricciardo-blasts-stroll-after-chinese-gp-collision-2024-04-21/

21

Apr 21

Bloomberg: Blinken to warn Beijing over support for Russia in upcoming trip to China

kyivindependent.com/bloomberg-blinken-to-warn-beijing-over-support-for-russia-in-upcoming-trip-to-china/

32

Apr 20

Hamilton says he had forgotten what it's like to lead: Seven-times Formula One world champion Lewis Hamilton said he had forgotten what it feels like to lead a ...

reuters.com/sports/formula1/hamilton-says-he-had-forgotten-what-its-like-lead-2024-04-20/

30

Apr 19

Aston Martin's Stroll fastest in Chinese Grand Prix practice: Aston Martin's Lance Stroll lapped fastest in Friday's sole free practice session for the Formula ...

reuters.com/sports/formula1/aston-martins-stroll-fastest-chinese-grand-prix-practice-2024-04-19/

32

Apr 20

China’s big cities are sinking: Groundwater extraction and heavy skyscrapers are key factors in an accelerating trend

english.elpais.com/science-tech/2024-04-19/chinas-big-cities-are-sinking.html

5

Apr 18

Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...

reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/

28

14h

China General Nuclear lands first yuan trade finance for Brazil solar plant

8

Apr 16

Germany’s Leader, Olaf Scholz, Walks a Fine Line in China: Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from ...

nytimes.com/2024/04/16/world/asia/olaf-scholz-germany-china.html

Quick Glance: Scholz Organizes Crisis Diplomacy in China

Scholz condemns Iran's attacks on Israel and plans crisis communication with G7 partners.

China trip focusing on economy and geopolitical role, despite dilemma in relations.

Business delegation accompanies Scholz, de-risking in other countries, export wave heading towards Germany.

Scholz aims to influence China regarding Ukraine conflict and Iran crisis, despite existing dependencies.

118

Apr 22

Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...

cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/

Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies

Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.

The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.

The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.

The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.

158

Apr 22

China state fund pours $41 bln into stock market in Q1, reports show: Chinese state fund Central Huijin Investment bought blue-chips worth at least $41 billion ...

reuters.com/world/china/china-state-fund-pours-41-bln-into-stock-market-q1-reports-show-2024-04-22/

16

Apr 19

Norris takes China sprint race pole from Hamilton: McLaren's Lando Norris seized pole position for the Chinese Grand Prix sprint race on Friday after a wet and ...

reuters.com/sports/formula1/norris-takes-china-sprint-race-pole-hamilton-2024-04-19/

13

Apr 26

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

51

Apr 21

Tesla cuts prices in China, Germany and around globe after US cuts: Tesla has cut prices in a number of its major markets, including China and Germany ...

reuters.com/business/autos-transportation/tesla-cuts-prices-across-its-line-up-china-2024-04-21/

Quick Glance: Tesla responds to declining sales with global price reductions

Tesla has lowered prices in various key markets, including China and Germany, to address the declining sales and increasing price competition for electric vehicles.

The recent price reductions come in light of a decrease in Tesla's global vehicle deliveries in the first quarter, marking the first time in nearly four years.

The starting price of the revamped Model 3 in China was reduced by 14,000 yuan to 231,900 yuan. Similarly, in Germany, the price of the rear-wheel-drive Model 3 was decreased from 42,990 euros to 40,990 euros.

In addition to the mentioned price cuts, there were reductions in many other countries across Europe, the Middle East, and Africa. Prices for the Model Y, Model X, and Model S vehicles in the US were decreased by $2,000. Moreover, Tesla slashed the price of its Full Self-Driving Software in the US from $12,000 to $8,000.

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Apr 24

‘Six spellbinding and thought-provoking novels’: why we chose the Women’s prize for fiction shortlist

theguardian.com/books/2024/apr/24/womens-prize-for-fiction-shortlist-why-we-chose-monica-ali

109

Apr 16

China’s Big Data Release to Show If Economy Rebounded

bloomberg.com/news/live-blog/2024-04-16/china-quarterly-gdp-key-data

5

Apr 22

China leaves benchmark lending rates unchanged, in line with expectations: China left benchmark lending rates unchanged at a monthly fixing on Monday ...

reuters.com/world/china/china-leaves-benchmark-lending-lprs-unchanged-line-with-expectations-2024-04-22/

13

Apr 16

China's cycle of dollar hoarding and weakening yuan gets vicious: Chinese businesses are hoarding dollars because they expect their own currency to weaken ...

37

Apr 18

Dollar's dominant reserve currency status to endure, says Morgan Stanley: The U.S. dollar's dominant reserve currency status is likely to endure partly because ...

reuters.com/markets/currencies/dollars-dominant-reserve-currency-status-endure-says-morgan-stanley-2024-04-18/

138

Apr 16

China relied on extrajudicial means to force thousands of fugitives to repatriate, human rights activists say - ICIJ

icij.org/investigations/china-cables/china-relied-on-extrajudicial-means-to-force-thousands-of-fugitives-to-repatriate-human-rights-activists-say/

Quick Glance: China's Illegal Tactics for Repatriating Fugitives

Over the past decade, China has forcibly repatriated more than 12,000 fugitives to combat corruption, according to a human rights group report.

Under Xi Jinping's government, China heavily relied on extrajudicial methods like kidnappings, harassment, and intimidation to 'persuade' and coerce Chinese nationals in over 120 countries to return.

'Fox Hunt' and 'Sky Net' operations aim at repressing Chinese nationals abroad, including activists, journalists, and religious minorities.

The Chinese government uses persuasion methods to compel suspects to return, bypassing host countries' legal systems, leading to international resistance.

6

2 2

scmp.com/news/china/military/article/3260089/china-shows-nuclear-might-ahead-top-us-diplomat-antony-blinkens-visit

Apr 23

China shows off nuclear might ahead of top US diplomat Antony Blinken’s visit: China showed off its nuclear second-strike capability – the ability to hit back ...

61

Apr 15

China Vanke says it faces short-term liquidity pressure: State-backed China Vanke said it is facing short-term liquidity pressure and operational difficulty ...

reuters.com/business/china-vanke-says-it-faces-short-term-liquidity-pressure-2024-04-15/

30

Apr 24

Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head: Chinese brokerage Haitong Securities removed Lin Yong from chief executive of ...

reuters.com/business/finance/brokerage-haitong-removes-long-term-hong-kong-unit-chief-lin-appoints-new-head-2024-04-24/

8

Apr 11

Dollar hits 34-year high against yen after US inflation data: Move past ¥153 sparks speculation that Japan could intervene to support currency

ft.com/content/661bc2cb-6d6f-42b3-9909-d2bd696deb8a

81

Apr 16

Iran able to 'handle situation' and spare Middle East more tension, China's foreign minister says

reuters.com/world/middle-east/iran-able-handle-situation-spare-middle-east-more-tension-chinas-foreign-2024-04-16/

iol.co.za/business/advice/will-zimbabwes-new-zig-currency-be-a-hit-or-another-failure-364f180f-1557-44f2-9c73-81dcc46b55cc

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IOL

C

Apr 14

Will Zimbabwe’s new ZiG currency be a hit or another failure?: Zimbabwe’s new currency, the ZiG, made its debut month and a number of Zim economists have given ...

441

Apr 18

Exclusive: UBS shuts some China private funds, will lay off staff, sources say: UBS is shutting down some of its China private funds business and will lay off ...

reuters.com/business/finance/ubs-shuts-some-china-private-funds-will-lay-off-staff-sources-say-2024-04-18/

16

Apr 23

Slide Over, Auntie: Young Chinese Find Tasty Meals in Senior Canteens: The community canteens, offering huge plates for a dollar or two, have become popular ...

nytimes.com/2024/04/23/business/shanghai-tongxinhui-community-canteen.html

38

17h

Is it too late to invest in the gold rush?: Demand from China drove prices to a record high this month — now many suspect the normal rules no longer apply

ft.com/content/69d46a93-916c-4044-a3c4-f1b5bad2e412

7

Apr 19

Red Bull won't rush to announce 2025 driver lineup, Horner says: Red Bull is not in a rush to announce its driver line-up for 2025, team boss Christian Horner ...

reuters.com/sports/formula1/red-bull-wont-rush-announce-2025-driver-lineup-horner-says-2024-04-19/

12

Apr 15

Germany's Scholz in China: we want fair auto market but no dumping: German Chancellor Olaf Scholz on Monday pressed his case for an open and fair European market ...

reuters.com/business/germanys-scholz-china-we-want-fair-auto-market-no-dumping-2024-04-15/

29

Apr 20

Shanghai creates $18bn state investment giant to back startups

asia.nikkei.com/Spotlight/Caixin/Shanghai-creates-18bn-state-investment-giant-to-back-startups

Paid articlePaid

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1

scmp.com/news/world/russia-central-asia/article/3260396/russias-vladimir-putin-says-plans-visit-china-may

Apr 25

Russian President Vladimir Putin to visit China in May as Moscow seeks to bolster ties with Beijing

48

Apr 20

China's foreign investment inflows fall 26.1% despite 'openness' vows: HONG KONG -- China's inbound foreign investment shrank 26.1% on the year in the ...

asia.nikkei.com/Economy/China-s-foreign-investment-inflows-fall-26.1-despite-openness-vows

17

Apr 19

Louis Vuitton holds 'Voyager' fashion show in Shanghai: Louis Vuitton debuted its newly-labelled "Voyager" travelling show in Shanghai on Thursday night ...

reuters.com/lifestyle/louis-vuitton-holds-voyager-fashion-show-shanghai-2024-04-18/

17

4

scmp.com/business/china-business/article/3259873/teslas-closest-chinese-rival-li-auto-slashes-prices-ev-discount-war-spreads-premium-market

Apr 22

Tesla’s closest Chinese rival, Li Auto, slashes prices as EV discount war spreads to premium market

35

Apr 18

Japan 'two-faced' for seeking closer ties while warning of China threat, Chinese state media says

reuters.com/world/asia-pacific/japan-two-faced-seeking-closer-ties-while-warning-china-threat-chinese-state-2024-04-18/

83

Apr 23

U.S. Is Preparing To Sanction Chinese Banks Supporting Russia, Report Says: U.S. officials have expressed concerns that trade between China and Russia has ...

forbes.com/sites/siladityaray/2024/04/23/us-is-preparing-to-sanction-chinese-banks-supporting-russia-report-says/

32

Apr 08

Scholz to Hold Talks Next Week With China’s Xi in Beijing: German Chancellor Olaf Scholz will hold talks with Chinese President Xi Jinping in Beijing on April 16 ...

bloomberg.com/news/articles/2024-04-08/scholz-to-hold-talks-next-week-with-china-s-xi-in-beijing

11

Apr 15

China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...

bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes

12

Apr 15

US opens probe into 3,322 GM Cadillac Lyriq EVs over loss of brake assist: The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it has ...

reuters.com/business/autos-transportation/us-opens-probe-into-over-3300-gm-cadillac-lyriq-vehicles-over-loss-brake-assist-2024-04-15/

18

Apr 16

China's cycle of dollar hoarding and weakening yuan gets vicious

reut.rs/3JlzfSQ

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5

scmp.com/news/china/diplomacy/article/3258951/japans-new-aircraft-carrier-kaga-ruffles-feathers-china-and-raises-questions-about-commitment

Apr 14

Japan’s new aircraft carrier Kaga ruffles feathers in China and raises questions about commitment to pacifist constitution

324

Apr 21

Team by team review of the Chinese Grand Prix: Team by team review of Sunday's Chinese Formula One Grand Prix at the Shanghai International Circuit ...

reuters.com/sports/formula1/team-by-team-review-chinese-grand-prix-2024-04-21/

11

Apr 18

Asian finance officials raise ‘serious concerns’ over strong dollar: Emerging-market currencies have been under pressure from shifting US interest rate ...

ft.com/content/63c36478-8cf3-438e-91e2-97a8888773d1

technologyreview.com/2024/04/24/1091708/takeaways-chinese-tech-us-harvard/

16

7

MIT Technology Review

B+

Apr 24

Three takeaways about the state of Chinese tech in the US: As Chinese consumer tech giants retreat from the global spotlight, a batch of climate tech companies ...

7

Apr 24

China taking preventative measures to head off US secondary-sanction threat: Russia’s economy is feeling squeezed.

eurasianet.org/china-taking-preventative-measures-to-head-off-us-secondary-sanction-threat