Fierce price wars in China are hitting industries from cars to food deliveries to solar panels, squeezing profits and worsening the country's deflationary slide. Though consumers may be lured by ultra ...
HONG KONG, August 13 (Reuters) - Overcapacity has made its way into China’s domestic market, with price wars leading to collapsing profitability and accelerating deflation. The government has ...
Early signs are emerging that China is now "caving" to the U.S. and President Donald Trump on tariffs, according to one foreign policy expert. Gatestone Institute senior fellow Gordon Chang agreed ...
In the spring of 2024, Li Hongxing, who runs a social media ad agency, took on a client he believed to be a rising star in China’s electric vehicle market. A marketing veteran in the auto industry, Li ...
As President Trump brings manufacturing back to the US — and closes in on trade deals with India, Japan, and South Korea — China’s days as “the world’s factory floor” are numbered. And Beijing is ...
Xi Jinping has much to gain from defiantly refusing to ‘kiss ass’, as Donald Trump delicately puts it - Jim Watson/AFP America has misjudged China horribly before. Hyperpower hubris turned the Korean ...
Key Points and Summary - “Winning” a U.S.–China clash in the South China Sea isn’t about sinking fleets but achieving political aims. -Week one is a missile/ISR duel: the side that blinds and breaks ...
China’s Foreign Minister Wang Yi (left) shakes hands with Ukraine’s then Foreign Minister Dmytro Kuleba during their meeting in Guangzhou, China, July 24, 2024. Credit: Ministry of Foreign Affairs, ...
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Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
Chinese consumers have grown more price-sensitive, cutting non-essential spending. To stay competitive, carmakers have rolled out steep discounts and slashed prices. In the so-called instant commerce ...
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