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BYD, China
BYD asks suppliers to cut prices as China auto war intensifies
BEIJING (Reuters) -Chinese automaker BYD is asking its suppliers to cut their prices, in a sign that a brutal price war in the world's largest auto market is set to escalate. Citing a leaked email dated Nov.
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.
China’s EV price war set to intensify next year as BYD squeezes suppliers
The carmaker urged its suppliers to send over their quotes by December 15 and officially mark down prices starting next year, executive vice-president He Zhiqi wrote in an email circulated on social media on Wednesday.
Tesla and BYD are gearing up for another round in China's brutal EV battle
Elon Musk's EV maker and BYD are asking suppliers to cut prices and rolling out discounts as they brace for another round in China's brutal EV battle.
China, Mexico warn against trade war
China, Mexico warn against trade war after Trump vows to hike tariffs
Donald Trump says he will impose a 25% tariff on goods coming from Mexico and Canada, plus an extra 10% on Chinese goods.
China's state media praise some U.S. firms amid fears of a new trade war
China's state media have praised some U.S. firms for "strong collaboration" - commentary that comes amid fears of a trade war and is reminiscent of how tensions with the U.S. were covered by Chinese newspapers during Donald Trump's first presidency.
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.
2d
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 ...
19h
Pentagon issues chilling warning that war with China 'could break out at any time'
China and Russia continue to flex their military might around the globe with both nations threatening or engaging in ...
Wall Street Journal
1d
The U.S. Is Losing the Ability to Deter War With China
The goal was to understand how the U.S. defense industrial base would perform in a protracted
war
with
China
and to ...
23h
on MSN
China Responds to Possible EU Sanctions Over Russia War Drones
The proposed penalties follow last week's meeting of EU foreign ministers, who discussed "credible" reports of a Chinese ...
1d
Tech war: China’s AI hopes face fresh setbacks as US set to restrict advanced memory chip exports
South Korea’s SK Hynix and Samsung dominate the supply of HBMs, each controlling about 48 per cent of the global market share ...
Foreign Affairs
2d
How America’s War on Chinese Tech Backfired
SCOTT KENNEDY is Senior Adviser and Trustee Chair in Chinese Business and Economics at the Center for Strategic and ...
2d
on MSN
Markets expect the U.S.-China trade war to be a 'long negotiation process,' says Pictet strategist
5 Of The Best-Looking Fighter Jets In Military History Trump transition team suggests sidelining top adviser over pay-to-play ...
3d
on MSN
G-7 Poised to Boost Pressure on China Over Its Russian Support
Group of Seven allies are set to step up pressure on China amid accusations that Beijing has increased support for Russia in ...
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