Tesla deliveries expected to slump on China competition, weak demand
Barron’s Roundtable discusses stocks whose profit margins are shrinking as auto competition intensifies. Electric car manufacturer Tesla is expected to release first-quarter delivery statistics next week, which it says will show a slowdown in sales as tailwinds from increased competition and price cuts in the EV market fade. The world’s most valuable automaker is bracing […]
Beijing tells U.S. to butt out of China-Philippines dispute in South China Sea
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Tesla faces new rival in China as smartphone maker Xiaomi unveils first electric car
Chinese smartphone maker Xiaomi on Thursday launched a sporty electric car with Porsche styling and a price tag below Tesla’s Model 3. This highlighted the fierce competition from new entrants in China’s already crowded EV market. During the two-hour event, Xiaomi CEO and founder Lei Jun told a packed room of attendees, including bosses from […]
John Kennedy: I wouldn’t turn my back to communist China even if they were two days dead
Sen. John Kennedy, R-La., breaks down the House bill that could ban TikTok on ‘America Reports.’ Subscribe to Fox News! source
Gold prices in sight of record highs; copper rebounds on China cues – Investing.com
Investing.com — Gold prices steadied in Asian trading Thursday, hovering near record highs as traders bought into the yellow metal ahead of further cues on U.S. inflation and interest rates. Among industrial metals, copper prices rebounded from recent declines and rose towards an 11-month high after reports that Chinese copper smelters were proposing to cut […]
Why didn’t New Zealand impose sanctions on China? | New Zealand
Western intelligence agencies said this week that politicians, journalists and critics of Beijing were targeted in cyberattacks by Chinese-backed groups. Separate cyberattacks hit the United States, United Kingdom, and New Zealand, members of the Five Eyes alliance. The network of five countries, including Canada and Australia, shares security-related information. While the Chinese government has rejected […]
China urged to ‘reinvent itself’ by global economists #shorts
An official has called upon China to make a choice in economic policies as the country hosts executives and investors for the … source
Beijing residents play fetch with migratory birds in ancient China tradition
In winter and early spring, some Beijing residents enjoy catching and playing with birds, a tradition dating back to the Qing Dynasty. This tradition dates back to the 17th and early 20th centuries. It is believed that only about 50 to 60 people practice this tradition in modern-day Beijing. Passersby in Beijing in winter or […]
Taiwan safeguards against rising China threat with commissioning of 2 new navy corvettes
Taiwan has commissioned two new naval vessels as a safeguard against the growing threat from China. China has gradually increased its naval and air force missions around Taiwan, which it claims as its own territory and can annex by force if necessary. The pair of Tuo Chiang-class corvettes completes the first order for six domestic […]
GOP senator demands Biden’s Energy Department end AI research collaborations with China
A copy of a letter sent to the Department of Energy by Senate Republican Conference Chairman John Barrasso on Monday calls on President Biden’s Department of Energy to end its artificial intelligence research collaboration with Chinese government officials. Mr. Barrasso, 71, said the department has no ties to people or entities with ties to the […]