After Volkswagen, now BMW cuts profit outlook as China weakness and restructuring costs bite
BMW reported Q3 pre-tax earnings of 2.1 billion euro (USD 2.36 billion), down 11% from a year earlier and in line with analysts' expectations...
Tag : China
IF Insights: China’s AI bubble bursts, leaving a lesson for Wall Street
A 40% rout in Shanghai's STAR 50 has erased about USD 480 billion, showing that national ambition and fast AI adoption do not guarantee shareholders returns...
Volkswagen freezes electric Golf development as cost pressures deepen further
The proposed ID. Golf is among the first vehicles planned for Volkswagen's next-generation Scalable Systems Platform (SSP)...
China-EU trade deal: Europe targets China’s USD 7.5 billion hybrid car boom with export curbs
The timing of the deal couldn't have been worse for the Chinese automakers, who have been ramping up hybrid shipments exempt from EU tariffs...
US tightens aviation component supplies to China amid trade talks
Through the latest move, Washington also eyes forcing Beijing to relax its grip on rare earth minerals needed for a wide range of US industries...
China’s container export share hits 40% as Beijing consolidates grip on global trade
The figure represents a 2.5 percentage-point increase in just nine months, according to Jens Eskelund, president of the EU Chamber of Commerce in China...
China’s gold rush gathers pace as imports top 1,000 tonnes in eight months
Investment demand, central-bank buying and weaker domestic alternatives are driving a surge in Chinese bullion purchases...
Tianzhuo’s tale: The robot that beat Usain Bolt before disintegrating
China has emerged as a humanoid giant. Whether that makes it the industry's great disruptor depends on a problem the country has not yet solved...
China writes its AI rulebook as Silicon Valley reaches for the brakes
Beijing is building a state-led safety regime and minting AI listings at pace, while dismissing US' concerns as a containment strategy dressed up as caution...
Trump says China can build cars in US despite Congress policy push
However, the Republican has put one condition: Chinese automakers should not build cars in Mexico and ship them to the United States...