Malaysia should take opportunities to leverage on China’s expertise in transport infrastructure, said transport minister Datuk Seri Wee Ka Siong. “With the open tender for the MRT3 project about to begin in May and the transport ministry being put in…
Read MoreChina And US Are Largest Car Markets In 2021, Italy Falls From Top 10
The pandemic, the shortage of semiconductors, and the continued push for electrification produced some interesting facts about the global vehicle market in 2021. While the global total increased by 5 percent to around 82.1 million units (passenger cars, vans, and light commercial vehicles…
Read MoreGM Will Export Its ‘Iconic’ American Vehicles to China
Once upon a time, China didn’t figure much in the auto world, but the last few decades have seen a precipitous change with the country now the world’s largest market for cars. General Motors is now kicking off a new…
Read MoreChina: BYD Follows In Tesla Footsteps By Raising Car Prices
Tesla’s recent price increases attracted a lot of attention, but the rises are not exclusive to Tesla. Others are applying higher prices too and, most recently, China’s largest electric vehicle manufacturer, BYD, also announced price increases (for new orders). BYD plug-in…
Read MoreChina: NCM-Powered Tesla Model 3/Model Y Prices Go Up
Tesla has increased prices of some of its electric cars not only in the US. In China, both the prices and estimated delivery times recently went up (first time since December 31, 2021). Interestingly, Tesla increased prices only of the…
Read MoreChina: 2022 BMW X5 Long Wheelbase images leaked
The X5 Li model carries forward a design similar to the standard SUV. Images of the BMW X5 long wheelbase has been leaked in China. The pictures showcase the updated BMW X5 with the ‘Li’ badging. The SUV with the…
Read MoreChina: Tesla Model 3/Model Y Prices Go Up Due To Lower Subsidies
Media reports that the entry-level versions of Tesla Model 3 and Tesla Model Y cars in China are now more expensive (for new orders). This is not because the manufacturer has increased the prices, but because the eligible subsidy next…
Read MoreChina accused of building warships with jet fighters to sink ships around world
A warning has been issued over China allegedly building warships to provide a platform for fighter jets to launch attacks on vessels all around the world. The country continues to bolster its military might as it looks likely to reach…
Read MoreWall Street is finally getting access to China. But for how long?
NEW YORK (NYTIMES) – For decades, U.S. banks have been eager to expand their business in China, the world’s second-largest economy. They’re finally getting their way – just as a spiraling corporate debt crisis threatens to rock the country’s financial…
Read MoreExplainer-China's embattled developer Kaisa Group and the chairman behind it
HONG KONG (Reuters) – After cash-strapped developer China Evergrande here Group once again averted a destabilising default this week, investor focus is shifting to other Chinese developers with offshore payments coming due, especially Kaisa Group.FILE PHOTO: A picture shows the…
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