Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.
Category: China
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Tesla Sales Surge as Tax Credits Fuel Demand
Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.
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White House Reportedly Weighs New A.I. Export Limits
Shares in the semiconductor giants Nvidia and AMD fell on a report that the Biden Administration is weighing new restrictions on A.I.-related exports.
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Can China Export Its Way Out of Its Economic Slump?
No country has had more export success than China. But Beijing faces risks in turning to the tested method of selling more abroad.
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Chinese Workers Confront the Curse of 35
It’s widely discussed in China: Employers don’t want you after 35. Some job listings say it plainly, leaving a generation of prime-age workers feeling defeated.
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Women’s Tennis Tour Approves Deal for Pay Equity by 2033
The WTA Tour approved a plan to achieve pay equity at its biggest tournaments. But it won’t be fully implemented until 2033.
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The U.S.-China Rivalry Is Complicating the World’s Debt Crisis
Suriname, a tiny nation ravaged by recession, inflation and impossible debts, saw its relief held up by superpower politics. It won’t be the only country.
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China’s Extreme Floods and Heat Ravage Farms and Kill Animals
China’s leader has made it a national priority to ensure the country can feed its large population. But weather shocks have disrupted wheat harvests and threatened pig and fish farming.
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Chinese Firm Sent Large Shipments of Gunpowder to Russian Munitions Factory
The previously unreported shipments between a state-owned Chinese company and a Russian munitions factory last year raise new questions about Beijing’s role in Russia’s war against Ukraine.
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China’s Central Bank Cuts Loan Prime Rates
The reduction in the rates, which are used to set corporate loans and home mortgages, signal concern that the country’s post-pandemic rebound is stalling.
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China’s Economic Rebound Hits a Wall, With ‘No Quick Fix’ to Revive It
Policymakers and investors expected China’s economy to rev up again after Beijing abruptly dropped Covid precautions, but recent data shows alarming signs of a slowdown.