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BYD, China
China’s carmakers don’t see the country’s fierce price war ending anytime soon as they press suppliers for discounts
Both BYD and SAIC Motor reportedly asked suppliers for 10% discounts amid fierce competition in China's oversaturated EV sector.
China’s EV price war is so brutal that BYD is trying to pinch its suppliers
China’s top maker of electric vehicles (EV) wants to pay a lot less for car parts in the new year, a demand that signals there is no end in sight to a vicious price war nor economic gloom marked by lower wages and uncertain prospects.
Leaked BYD Letter Signals China EV Price War Is Set to Intensify
BYD Co. has asked suppliers to accept price cuts next year in a signal the Chinese electric vehicle maker is preparing for the brutal price war in the world’s biggest auto market to intensify.
Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports
Chinese electric vehicle maker BYD , has requested price cuts from dozens of its suppliers, state-owned news outlet Yicai reported on Friday citing unidentified sources.
BYD suppliers reportedly dissent over latest price cut request
Some Chinese parts suppliers have expressed their dissatisfaction over a recent request from BYD to cut their prices by 10% starting next year, saying any
Leaked BYD Email Pressures Suppliers To Slash Costs For 2025 EV Price Wars
The world’s largest manufacturer of electrified vehicles says it regularly requests price reductions from key suppliers as part of its annual negotiations
Trump, China and tariffs
After Trump’s Tariff Threat, Is a China Currency War Next?
While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.
'No one will win a trade war,' China says after Trump tariff threat
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on all Chinese imports when he takes office on Jan.
Trump threatens to impose sweeping new tariffs on Mexico and Canada
President-elect Donald Trump threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his effort to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the country from Canada and Mexico,
43m
on MSN
China’s narrative war with West goes beyond Confucius with focus on other ancient schools
Newly set up Chinese Zhuzi Research Institute seen as latest testament to China's focus on reclaiming intellectual heritage ...
1d
on MSN
China Warns of Nuclear War Risk in Ukraine
Officials recently cited by the New York Times floated moving nuclear weapons into Ukraine as insurance against repeat ...
24/7 Wall St
2h
China's Military Is Developing Robotic War Dogs
It is no longer a question of whether robotic dogs will be weaponized in the future. They are already here, and China is ...
New York Sun
1d
Clouds of a Currency War Scudding Over China
Competing tariffs could lead to monetary mischief of the first water.
PBS
4d
As Trump Vows Larger China Tariffs, How Did His Trade War Play Out the First Time Around?
As President-elect Donald Trump vows larger tariffs on imported Chinese goods, how did his trade war with China play out the ...
4d
on MSN
US Air Force Chief's Stark Warning About War With Russia and China
The secretary's warning came as Russia and China, two of nine nuclear-armed nations, are increasingly aligned with each other ...
The Economist
12d
America and China’s trade war will rock the world
Donald Trump’s proposed tariffs will intensify the trade tussle in 2025. Countries that had previously managed to sit out the ...
3h
Australian farmers caught in Trump’s $16b trade-war crosshairs
Barley and other farmers face being squeezed out of the market as Donald Trump seeks an agriculture deal with China, risking ...
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