A fresh wave of steep price cuts by BYD sent shockwaves through China’s auto sector, raising fears of escalating price wars and causing the automaker’s stocks to tumble. At the same time, an industry leader’s warning about the emergence of an Fierce Price War Batters China’s Auto Stocks as Industry Leader Warns of ‘Evergrande-Like’ Crisis
A fresh wave of steep price cuts by BYD sent shockwaves through China’s auto sector, raising fears of escalating price wars and causing the automaker’s stocks to tumble. At the same time, an industry leader’s warning about the emergence of an 
The Chinese communist regime’s Ministry of State Security has listed five types of foreign “spies” and urged the Chinese public to point them out and report them to authorities. Analysts said the regime’s move is aimed at shifting public focus away
Labor prosecutors in Brazil have filed a lawsuit against Chinese auto manufacturer BYD, accusing it of human trafficking and allowing workers building a factory to live in conditions tantamount to slave labor. In a May 27 statement on its website, Brazil’s
Indonesia is reportedly seeking to replace its aging air fleet with dozens of Chinese and Russian fighter aircraft. The news comes as following concerns about a potential Russian air base being established in the southeast Asian country just north of