Ford, GM CEOs open to partnerships to compete with China
Ford CEO Jim Farley and GM CEO Mary Barra said their companies are open to collaborating on EV technologies with other automakers to better compete with Chinese EV makers like BYD.
Imported luxury cars such as Audi held by US over banned part linked to forced labor in China
Thousands of luxury cars slated to be imported to the U.S. are being held by customs officials while Volkswagen replaces a part linked to forced labor in China's Xinjiang region.
Temu's Super Bowl ads spark backlash over China-based firm's forced labor allegations
E-commerce platform Temu's Super Bowl ads drew the ire of lawmakers who called out the retailer's data protections and lack of safeguards to keep forced labor out of supply chains.
US VC firms investing billions in Chinese AI, military and tech firms: CCP select committee
Five American venture capital firms invested over $3 billion in Chinese companies investing in AI and critical technologies or that were linked to China's military and repression.
Duke Energy removes CCP-tied batteries from green energy project at Marine Corps base: report
Duke Energy will remove batteries manufactured by CATL, a Chinese company with CCP ties, from a solar array project at Camp Lejeune in North Carolina.
Liquidation of China's Evergrande has 'a lot of similarities' to Lehman Brothers, analyst says
A Hong Kong court on Monday ordered Chinese real estate developer Evergrande Group — the world's most heavily indebted property developer — to liquidate its assets.
TikTok CEO grilled on Chinese Communist Party influence, searches of Taylor Swift vs. Tiananmen Square
Sens. Ted Cruz, R-Texas, and Tom Cotton, R-Ark., grilled TikTok CEO Shou Zi Chew on how the Chinese app is "poisoning the minds" of American youths at a Senate hearing.
Billions in US pension funds invested in China despite serious national security concerns: expert
Several American public pension funds have poured billions of dollars into the Chinese market over the last three years, sparking concerns over national security.
Court orders China’s bankrupt Evergrande to liquidate
A judge in Hong Kong on Monday ordered the bankrupt China Evergrande Group to liquidate, saying the indebted real estate giant has failed to present a stable restructuring plan.
Village to offer cash to help country's 'bachelor crisis'
A village in China is paying it's matchmakers $140 per successful marriage match to combat falling birthrates across the country, a local China paper reported.
China pressures Iran to rein in Houthi attacks in Red Sea or risk harming business relations: report
China is warning Iran to get attacks by the Iranian-back Houthis on ships in the Red Sea under control or else it could harm their trade partnership.
Elon Musk says Chinese EV companies will 'demolish' competition without tariffs
Tesla CEO Elon Musk told investors that Chinese electric vehicle makers are poised to "demolish" their competitors globally without trade barriers or tariffs.
Russia replaced Saudi Arabia as China's top oil supplier in 2023
Russia jumped ahead of Saudi Arabia to become China's top crude oil supplier in 2023 as the world's biggest oil importer bought vast quantities of discounted oil defying Western sanctions
Nvidia expands its reach in China's EV sector
A handful of Chinese companies are incorporating Nvidia platforms into its vehicles, according to a Monday announced from the California-based company.
Tesla recalling 1.6 million EVs in China due to safety concerns
Tesla is recalling more than 1.6 million electric vehicles exported to China due to safety concerns with automatic assisted steering and door latch controls in its S, X, 3 and Y models.
Chinese company poised to overtake Tesla as biggest EV maker on path to global leadership: report
Chinese electric vehicle manufacturer BYD already sells more units than Tesla, which includes hybrid EVs, but the manufacturer plans to fully lead as the top EV maker in the world.
Tesla planning to roll out updated Model Y from China plant: report
Tesla is reportedly planning to produce an updated version of its popular Model Y SUV and is prepping its factory in Shanghai.
Shein sued by rival Temu for 'mafia-style intimidation'
Shein is facing accusations from rival Temu for allegedly using "mafia-style intimidation of suppliers" to stay ahead of the competition in the fast-fashion industry.
Yellen says China's economic practices 'unfair,' encourages healthy competition with US
Treasury Secretary Janet Yellen encouraged China to shift from a state-driven approach in economic policy, saying that their current approach is "unfair."
CCP select committee offers policies for US to beat China on economic front
The House panel looking into the strategic competition between the U.S. and the Chinese Communist Party aims to reset the economic relationship between the U.S. and China.