Tags: China
Chinese EV Maker Zeekr Makes Debut in US IPO, Raises $441 Million as Shares Skyrocket by 24%
Zeekr's US IPO soars, raising $441M with a 24% share surge. Amid Chinese EV market competition, Zeekr eyes global expansion, delivering 49,148 vehicles in 2024.
China's Yuan Weakens As Biden Hits Chinese EVs And Batteries With Tariffs
President Biden's administration plans to announce new tariffs on China, focusing on industries like electric vehicles, batteries, and solar cells, continuing the economic competition between the two nations.
Elon Musk Wants to Deploy Tesla Robotaxis in China: Reports
During his recent visit to China, Elon Musk reportedly proposed conducting testing of Tesla robotaxis in the country.
US-China Rivalry Could Shrink Global Economy By 7%, IMF Finds
Differences between Western nations led by the U.S. and China-aligned economic blocs threaten global trade cooperation and economic growth, as a top IMF official warned. Escalating tensions between Washington and Beijing could potentially cost the world's GDP up to 7%.