Volkswagen
Europe’s Tariffs On China’s EV Backfires – Volkswagen Closing Factories Before Even Trade War Begins
When China officially connected to the internet on April 20, 1994, it was a huge milestone despite the 64-kilobit special line, which was made possible thanks to the service of U.S. telecommunication company Sprint. Back then, it would be a challenge for tourists to find a decent public toilet. The country was so poor that […]
... written on Sep 16 2024Once considered a luxury, bicycles were introduced in China about 150 years ago. But after a bicycle-manufacturing factory was set up in Tianjin in 1936, it quickly grew to meet the increasing demand. At one time, China was known as the “kingdom of bicycles” because it had a mind-boggling 670 million bicycles – the largest […]
... written on Jun 08 2024Last August, despite US-led Western nations’ relentless efforts in accusing Beijing of human rights violations against Muslim minorities in Xinjiang, Chinese President Xi Jinping made a stop in Xinjiang during his return trip to the 15th BRICS Summit in South Africa and announced that a “beautiful Xinjiang” will continue to be built as part of […]
... written on Feb 17 2024Elon Musk has decided to do what he does best every time the demand for Tesla electric cars plunge – cut prices. With competition heating up over the past year, especially against BYD, a Chinese carmaker which is backed by legendary investor Warren Buffet, Tesla welcomes the New Year 2024 with more price cuts for […]
... written on Jan 19 2024As expected and predicted, Chinese car giant BYD has beaten Tesla for a second straight year as the world’s top seller of electric cars. The sales figures for the final quarter of 2023 showed that the American company produced 494,989 vehicles (delivering only 484,507). However, for the first time, the Chinese company sold 526,409 vehicles (excluding hybrid and commercial […]
... written on Jan 04 2024Perikatan Nasional, comprising two major forces – Malay nationalist party Bersatu and Islamist party PAS – captured 4.7 million votes (30.12%) in the November 2022 General Election, where 99% were Malay votes. Crucially, the Malay-centric political parties won 80% of Malay vote bank. Fortunately, despite grabbing 74 seats in the 222-seat Parliament, it was not […]
... written on Nov 23 2023Would anyone believe 5 years ago that China will one day overtake Japan as the world’s top auto exporter? Yet, the country which the West often mocks for producing cheap and low-quality products has evolved at a remarkable rate from being an imitator to an innovator. The so-called copycat is now threatening not only Japan, […]
... written on Sep 27 2023Long before BYD – “Build Your Dream” – produced Seagull, the cheapest EV (electric vehicle) at just US$11,000 (£8,855; RM48,813), China has been churning out thousands of chemists and engineers to do research on future batteries. Deep in the country’s interior, Central South University produces graduates in advance technology, despite the perception that China was […]
... written on May 11 2023Costing just US$11,000 (£8,855; RM48,813), BYD Auto Co has just unveiled the “Seagull” – the cheapest EV (electric vehicle) – at the Shanghai Motor Show. The Chinese automaker headquartered in Xi’an is known for its models based on sea-animals (Seal and Dolphin), Chinese imperial dynasties (Han, Tang, Yuan and Song) and warships (Frigate and Destroyer). […]
... written on Apr 24 2023Business Comes First – Chancellor Scholz’s Visit To Beijing Shows Germany Needs China More Than Ever
German Chancellor Olaf Scholz’s official visit to Beijing on Friday (Nov 4) marked the first time a leader of the Group of Seven (G7) nations rubbed shoulders with Chinese President Xi Jinping after the 20th National Congress of the Communist Party. His arrival was also the first by a leader of the G7 since the start […]
... written on Nov 05 2022