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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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Beijing auto show welcomes world as China's carmakers aim to conquer it: HONG KONG -- Beijing's premier automobile exhibition is back after a four-year ...
asia.nikkei.com/Business/Automobiles/Beijing-auto-show-welcomes-world-as-China-s-carmakers-aim-to-conquer-it
Beijing auto show welcomes world as China's carmakers aim to conquer it
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China to host Palestinian groups Hamas and Fatah for unity talks: BEIJING/CAIRO (Reuters) -- China will host Palestinian unity talks between Islamist militant ...
asia.nikkei.com/Politics/Middle-East-crisis/China-to-host-Palestinian-groups-Hamas-and-Fatah-for-unity-talks
China to host Palestinian groups Hamas and Fatah for unity talks
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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%.
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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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Chinese automakers show off AI-powered 'smartphones on wheels': BEIJING -- XPeng, Geely and other Chinese automakers are showing off innovative new ...
asia.nikkei.com/Business/Automobiles/Chinese-automakers-show-off-AI-powered-smartphones-on-wheels
Chinese automakers show off AI-powered 'smartphones on wheels'
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Fake engine noises in electric cars need to die: Electric cars have the benefit of being much more quiet than their gas-powered counterparts ...
digitaltrends.com/cars/fake-engine-noises-in-electric-cars-need-to-die/
Fake engine noises in electric cars need to die
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BYD unveils third ultra-luxury model under Yangwang brand: Chinese electric vehicle maker BYD unveiled the U7, its third ultra-luxury model under the Yangwang ...
reuters.com/business/autos-transportation/byd-unveils-third-ultra-luxury-model-under-yangwang-brand-2024-04-25/
BYD unveils third ultra-luxury model under Yangwang brand
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Huawei's smart car tech offers automakers route to China sales: It's taken Huawei just four years to become a force in smart car technology ...
reuters.com/business/autos-transportation/huaweis-smart-car-tech-offers-automakers-route-china-sales-2024-04-26/
Huawei's smart car tech offers automakers route to China sales
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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
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China passes tariff law as tensions with trading partners simmer: China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit ...
reuters.com/world/china/china-passes-tariff-law-tensions-with-trading-partners-simmer-2024-04-26/
China passes tariff law as tensions with trading partners simmer
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Banning TikTok would hit China’s tech ambitions and deepen the global digital divide
cnn.com/2024/04/24/tech/tiktok-ban-bytedance-split-the-world-further-intl-hnk/
Banning TikTok would hit China’s tech ambitions and deepen the global ...
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
  • ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.

  • TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.

  • ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.

  • After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
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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.
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Why China risks US sanctions arming Russia: Survival: US secretary of state Antony Blinken fired a warning salvo toward China during a G7 foreign ministers’ ...
asiatimes.com/2024/04/why-china-risks-us-sanctions-arming-russia-survival/
Why China risks US sanctions arming Russia: Survival
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Auto China: China's car manufacturers play in a different league: Car manufacturers from Europe want to prove at the “Auto China” trade fair in Beijing that they ...
wiwo.de/unternehmen/auto/automesse-in-peking-chinas-autohersteller-spielen-in-einer-anderen-liga-/29773666.html
Auto China: China's car manufacturers play in a different league
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No Substitute for Victory: America’s Competition With China Must Be Won, Not Managed
foreignaffairs.com/united-states/no-substitute-victory-pottinger-gallagher
No Substitute for Victory: America’s Competition With China Must Be Won ...
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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
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TikTok Ban: Biden's Campaign to Stay on TikTok for 2024 Election: President Joe Biden’s campaign says it will continue to use its account on TikTok even ...
bloomberg.com/news/articles/2024-04-24/biden-s-campaign-plans-to-stay-on-tiktok-despite-divestment-law
TikTok Ban: Biden's Campaign to Stay on TikTok for 2024 Election
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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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China’s Alternative Order: And What America Should Learn From It: And what America should learn from it.
foreignaffairs.com/china/chinas-alternative-order-xi-jinping-elizabeth-economy
China’s Alternative Order: And What America Should Learn From It
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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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Employee of AfD top candidate Krah arrested in Dresden: The employee of AfD MEP Maximilian Krah, who was arrested on suspicion of spying for China ...
focus.de/politik/deutschland/soll-fuer-china-spioniert-haben-mitarbeiter-von-afd-spitzenkandidat-krah-in-dresden-verhaftet_id_259879994.html
Employee of AfD top candidate Krah arrested in Dresden
Quick Glance: Investigation of Possible Payments from China and Russia to Maximilian Krah
  • The General Prosecutor's Office in Dresden has officially initiated investigations against Maximilian Krah due to potential financial flows from Russian and Chinese sources.

  • The AfD lead candidate for the European Parliament elections, Maximilian Krah, is the subject of two preliminary investigations at the General Prosecutor's Office in Dresden.

  • Towards the end of last year, Krah was questioned by the FBI about possible payments from Kremlin-related sources, allegedly carrying a four-digit sum of money at that time.

  • On Monday evening, German authorities arrested Jian G., a close associate of Krah, who is suspected of spying for the Chinese intelligence service in Germany.
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Chinese half-marathon gold medalist stripped after African runners slowed: Video: Beijing's half-marathon gold medalist He Jie disqualified after three runners ...
businessinsider.com/chinese-half-marathon-gold-medalist-stripped-african-runners-slowed-video-2024-4
Chinese half-marathon gold medalist stripped after African runners slowed: ...