The idea resurfaces regularly: a Chinese yuan backed by gold, instantly reshaping the global monetary order. In theory, it sounds transformative — a hard-money alternative to the US dollar and
BYD knocks Tesla off top spot in global EV race
China’s BYD has overtaken Tesla to become the world’s largest seller of electric vehicles.
BYD shares slide as China warns EV price war could harm ‘Made in China’ image
BYD’s share price fell sharply after Beijing voiced concerns that an escalating electric vehicle (EV) price war could undermine the reputation of Chinese manufacturing.
Tesla slips further behind Chinese competitor as BYD’s sales soar to $100bn
Chinese carmaker BYD has firmly positioned itself as the top challenger to Elon Musk’s Tesla, following a 29% surge in annual revenues that pushed sales beyond $100 billion (£77 billion)
Most Volatile Currencies of 2024
2023 was a year shaped by high inflation, and as a result, has left many businesses uncertain about the future. Recent ONS data showed that small businesses, more so than
Asian stocks climb as Beijing intensifies stimulus measures.
Asian stocks ascended on Wednesday following China’s President Xi Jinping’s authorization of a 1 trillion yuan (£111bn) sovereign bond, fostering optimism about economic stabilization.
Porsche Dealers Blunder Puts $148,000 Sportscar on Sale for Just $18,000
The most popular thing about an advertisement posted by a Chinese Porsche AG dealer for the Panamera was not the sleek lines of the car, but the low price.
Chinese oil giant CNOOC to raise $4.4 billion in Shanghai listing – Reuters
April 11 (Reuters) – Chinese oil giant CNOOC Ltd (0883.HK) said on Monday it will raise 28.08 billion yuan ($4.41 billion) in a share listing in Shanghai, after setting the price for
China’s coal prices hit record highs, they look to the west for help
China’s energy crisis grew on Friday, as cold weather inundated large parts of the country. Power plants scrambled for coal to stock up, sending fuel prices to new records.
Despite Global Push To Go Green China Continues Its Take-up Of Coal
Global expectations of coal-free countries are not being met. However, China’s demand is strong as the rising temperatures and heat waves driving up coal prices and electricity demand.
Share Talk Weekly Stock Market News, Sunday 30th May 2021.
Been a good week for company updates, we interviewed Alien Metals Ltd who are delivering news on a weekly basis right now with the Phase 2 drilling commences on Hancock
China hands Alibaba-backed Nice Tuan new 1.5 million yuan fine
The Chinese market regulator has asked Alibaba-backed (9988.HK), Nice Tuan, to suspend its operations in Jiangsu province for three days and fined it 1.5 million yuan ($235,302) for failing to