The Shanghai auto show, the largest in China since before the pandemic, had one theme: The dominance of electric vehicles in the world’s largest car market is here to stay.
Category: China
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‘Zero Covid’ Behind It, China’s Economy Starts to Recover
The economy grew 4.5 percent in the first three months of the year, a pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.
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Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
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Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default
There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.
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China’s Car Buyers Have Fallen Out of Love With Foreign Brands
Domestic companies are now selling more vehicles than their multinational rivals, which have failed to keep up with Chinese consumers’ demand for electric cars and S.U.V.s.
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WTA Lifts Suspension on Tournaments in China
The tour had paused events there after concerns about the Chinese star Peng Shuai went unresolved, but Steve Simon, its chief executive, said a different approach was needed.
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Lonely Cry for Action as China Locks Up Japanese Citizens on Spy Charges
Hideji Suzuki says Japan failed him during his six years in a Chinese prison. China’s recent arrest of a Japanese citizen is again testing Tokyo’s resolve.
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As U.S. Tries to Isolate China, German Companies Move Closer
Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.
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In China, Young People Ditch Prestige Jobs for Manual Labor
Some people who’ve walked away from China’s grueling corporate culture say it’s worth the financial sacrifice. “I was tired of living like that,” one said.
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China Has Reopened to Tourists. The Hard Part Is Getting There.
Despite loosened visa rules, the number of flights into China is still a small fraction of what it was before the pandemic, fueled partly by geopolitical tensions.
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Elon Musk Says Tesla Will Build Shanghai Battery Factory
The facility will produce batteries the size of shipping containers to help electric utilities stabilize grids and use more renewable energy.