ByteDance founder Zhang Yiming is already China’s richest man
Zhang Yiming, the creator of ByteDance, is China's richest person, with a personal worth of $49.3 billion, according to an...
China
China applauds Apple’s sustained and expanded presence
During a meeting on Friday, Commerce Minister Wang Wentao informed Apple Inc.'s CEO Tim Cook that the U.S. tech giant...
Mexico is positioned as a desirable investment destination for electric vehicles and nearshoring
The global trend of nearshoring and the shift to electric vehicles provide several prospects for Mexico, according to Arturo Juarez,...
US will propose banning Chinese technology from electric and driverless cars
Due to national security concerns, the U.S. Commerce Department is anticipated to propose on Monday to outlaw Chinese hardware and...
How China rose to prominence as Mexico’s top auto supplier
Due to taxes, Chinese manufacturers of electric vehicles have been forced to sell their cutting-edge vehicles outside of the United...
Uber plans to create «autonomous-capable vehicles» and begin deploying BYD vehicles across Europe and Latin America
On Wednesday, BYD and Uber announced that, beginning in Europe and Latin America, drivers on the ride-hailing platform can receive...
Chinese enterprises are offered Nvidia chips by Google and Microsoft
According to The Information, Nvidia's artificial intelligence processors are being offered by Google and Microsoft's cloud divisions to Chinese enterprises...
BYD posts 21% increase in quarterly EV sales, closes gap with Tesla
Chinese automaker BYD posted a 21% increase in electric vehicle sales in the second quarter, closing the gap with Tesla...
Nike falls as competitors gain market share
Nike has stated that it anticipates an unexpected 10% decline in quarterly sales due to increased rivalry from more recent...
Adidas shares decline following a Chinese probe investigating claims of corruption
Adidas shares fell 4% Monday after the German sportswear brand said it was investigating allegations of corruption in China after...
