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Are you ready for a Chinese car?
China has not only become the world’s #1 in auto exports, but it now has trade surplus in that sector.
China will export more cars and parts to the EU than the other way around — for the first time this year.
This extraordinary change is due… twitter.com/i/web/status/1…
China has not only become the world’s #1 in auto exports, but it now has trade surplus in that sector.
China will export more cars and parts to the EU than the other way around — for the first time this year.
This extraordinary change is due… twitter.com/i/web/status/1…
Top 10 pure electric cars (BEV) by sales in 2022:
The models are from Tesla, Wuling, BYD, GAC and VW.
7 out of 10 are Chinese.
The models are from Tesla, Wuling, BYD, GAC and VW.
7 out of 10 are Chinese.
The #Evergrande-Backed sector gains by 7.6%, China Evergrand New Energy Vehicle up 12.8% and Evergrande Property Services up 5.0%.
#China #StockMarket #NEV
#China #StockMarket #NEV
Press Release: Fitch Downgrades Evergrande and Subsidiaries, Hengda and Tianji, to 'CCC+'.
#China #Evergrande
#China #Evergrande
Fitch: The downgrade reflects #Evergrande's diminishing margin of safety in preserving liquidity.
fitchratings.com/research/corpo…
fitchratings.com/research/corpo…
