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Tesla Rival BYD Launches $15,000 Seal 06 Sedan As China's EV Price War Heats Up
Tuesday, June 10, 2025 - 6:39am | 459BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) has launched a $15,000 EV as the electric vehicle price war heats up in the Chinese domestic market. What Happened: Available in two trim levels, the Seal 06 EV offers a range of 292 miles with the 46 kWh battery pack, while the long-range variant is good for...
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Chinese Exchanges Reportedly Urge Fund Managers To Limit Stock Sales As Market Braces For Trump's Return
Monday, January 6, 2025 - 5:35am | 500Chinese stock exchanges are taking decisive action, urging major mutual funds to restrict stock sales as the nation faces a weakening yuan and volatile stock markets. This move is part of Beijing’s efforts to stabilize the economy before Donald Trump begins his second term...
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China Tariff Uncertainty Clouds Container Supply Chain Outlook
Friday, February 15, 2019 - 11:54am | 825A 25 percent tariff on $200 billion worth of Chinese imports scheduled to begin next month could be delayed until May - or may not occur at all, if a trade agreement can be reached - making it more difficult to forecast the effect on supply chains and the outlook for freight capacity. A list of...
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China Meltdown Sends Dow 400 Points Lower; Are Traders Worried Long-Term?
Thursday, January 7, 2016 - 4:05pm | 378Chinese stocks plunged on Thursday, forcing regulators to call another time-out and institute a second circuit breaker in as many days. That is, before the regulators said they are now suspending the circuit breaker system. The Shanghai Composite index closed 7 percent lower, causing a ripple...
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Jim Chanos: Big Misconception That Chinese Government Can Do What It Wants
Thursday, February 10, 2011 - 8:35am | 261This morning, Jim Chanos joined CNBC to discuss the Chinese market. “There's this big misconception there that the Chinese government can do what it wants,” Chanos said, addressing a little-known challenge. “The Chinese banking system is expanding to do this.” Chanos said that China's credit...