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...
China
European tariffs are rejected by Chinese producers as «unacceptable»
The European Commission (EC) slapped duties of up to 38.1% on Chinese electric vehicle imports on Thursday; the China Association...
China plans to increase its investment in advanced electric vehicle batteries by $845 million
China has announced intentions to invest around $845 million in the development of next-generation batteries for electrical vehicles (EVs), despite...
In April, Apple reports a 52% rise in iPhone sales in China
Data from a Chinese government-affiliated research agency shows that Apple's smartphone shipments in China increased 52% in April compared to...
China claims that their success with electric cars is «not due to subsidies»
The "increasing acceptance" of Chinese goods, like electric cars, in the international market, according to China's Ministry of Commerce, is...
Alibaba’s revenues increase by 8% as Chinese regulations loosen
The Chinese e-commerce behemoth Alibaba said today that its current fiscal year revenues slightly increased as the nation's legislative constraints...
Apple gains by losing: as expectations are surpassed, shares climb despite declining sales
According to a Bloomberg article, Apple reported higher-than-expected sales in the first quarter of 2024 and forecast a resumption to...
Orders for VW electric vehicles have doubled across Europe
In the first quarter of 2024, Volkswagen's orders for electric cars in Europe increased dramatically compared to the same period...
Biden signs law forcing TikTok’s Chinese parent company to sell platform or face veto in the U.S.
A bill that requires TikTok's Chinese parent firm to sell the app or face a veto in the US was...
Tesla lowers pricing as sales decline in key areas
Price reductions have been made by Tesla in several significant regions, such as the US, China, and Germany. This comes...
