Few Chinese art collectors have made a bigger splash at global auctions in the past decade than Liu Yiqian, a former Shanghai taxi driver who amassed a fortune through big bets on Chinese real estate and pharmaceutical stocks. He was a profligate purchaser of Chinese antiquities and other artworks. In 2014, Mr. Liu paid a […]
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Tibetan Buddhism has long been led by the Dalai Lama, the 88-year-old spiritual leader who fled Tibet in 1959 and has been living in exile in India ever since. Beijing considers the Dalai Lama a separatist and asserts that only the ruling Communist Party — an avowed atheist organization — can name his next incarnation […]
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Ever since learning that in 1947, Walter Lippmann popularized the term “Cold War” to define the emerging conflict between the Soviet Union and the United States, I thought it would be cool to be able to name a historical epoch. Now that the post-Cold War has expired, the post-post-Cold War that we’ve entered is just […]
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Senator Chuck Schumer, the majority leader, is expected to lead a bipartisan delegation of six senators on a trip to China next week, the latest in a series of high-level visits by U.S. officials to Beijing. The lawmakers are expected to hold meetings with Chinese government and business leaders and discuss a number of contentious […]
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Yard signs along the quiet country roads of Green Charter Township, Mich., home to horse farms and a 19th-century fish hatchery, blare a message that an angered community hopes is heard by local leaders, the Biden administration and China: “No Gotion.” The opposition is to a plan by Gotion, a subsidiary of a Chinese company, […]
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They went to the best universities in China and in the West. They lived middle-class lives in Beijing, Shanghai and Shenzhen and worked for technology companies at the center of China’s tech rivalry with the United States. Now they are living and working in North America, Europe, Japan, Australia — and just about any developed […]
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Hui Ka Yan founded the real estate behemoth China Evergrande. His promise to transform rural villages to metropolises with middle-class comforts made him one of China’s wealthiest people. He rubbed shoulders with officials in the highest levels of government, celebrating the Communist Party’s 100th anniversary in 2021 at Tiananmen Square. Now, he is being investigated […]
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Tesla’s Improved Model Y For China Is A Second Quicker To 62 MPH | Carscoops <!—-><!– –><!– –><!—-><!—-> Visual changes include a new alloy wheel design and an ambient LED light strip in the dash, like in the new Model 3 https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton October 2, 2023 at 08:30 <!––> <!– –> Tesla […]
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Volvo Teases EM90 Minivan Before November 12 Debut | Carscoops <!—-><!– –><!– –><!—-><!—-> The Volvo EM90 will likely have the same 140 kWh battery pack as the Zeekr 009 https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson October 2, 2023 at 02:12 <!––> <!– –> Volvo has released a handful of teaser images of its all-electric EM90 minivan, […]
Read MoreAvatr To Expand Global Reach With Two More Models And EU Production | Carscoops <!—-><!– –><!– –><!—-><!—-> Backed by Huawei and CATL, Avatr is poised to become a major player in the global EV market, including Europe from 2026-2027 5 hours ago <!––> <!– –> During our recent trip to Italy with Avatr, where we […]
Read MoreWe Get Up Close To The Avatr 11 And 12 EVs From China Aiming To Shake Up The Luxury Market | Carscoops <!—-><!– –><!– –><!—-><!—-> A Chinese brand with promising credentials has a Euro-based design team and benefits from the expertise of Changan, CATL, and Huawei September 30, 2023 at 12:48 <!––> <!– –> New […]
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For months, the unwinding of China Evergrande, the world’s most indebted property developer, played out like a slow-moving train crash. After filing for bankruptcy protection last month — nearly two years after the company defaulted on payments to some creditors — Evergrande appeared on the path toward a more typical debt restructuring for creditors. But […]
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China’s giant banking system, the world’s largest, is heavily exposed to the real estate crisis: Nearly 40 percent of all bank loans are related to property. And pressure is building on those banks as dozens of real estate developers have defaulted or missed payments on overseas bonds, led by China Evergrande, the world’s most indebted […]
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Mercedes And Nio Reject Claims Of Partnership | Carscoops <!—-><!– –><!– –><!—-><!—-> Recent reports claimed that Mercedes was considering an investment in Nio to acquire some of its technologies https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson September 29, 2023 at 07:09 <!––> <!– –> Mercedes-Benz and Nio have denied reports of a partnership, despite reports suggesting that […]
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The State Department accused China on Thursday of using “deceptive and coercive methods” to shape the global information environment, by acquiring stakes in foreign newspapers and television networks, using major social media platforms to promote its views and exerting pressure on international organizations and media outlets to silence critics of Beijing. The accusations, detailed in […]
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Just a few weeks ago, China Evergrande, the world’s most debt-saddled property developer, was writing its final chapter and working to resolve financial disputes with its creditors. Then a stream of bad news came and the pages were torn up. Staff at the company’s wealth management arm have been detained by the authorities. Two former […]
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Chinese hackers who gained access to the email accounts of Commerce Secretary Gina Raimondo and other government officials this year stole 60,000 emails from the State Department alone, according to two people familiar with a briefing Senate staff members received on the matter Wednesday. The emails came from 10 State Department email accounts, department officials […]
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Huawei Exec Says Luxeed S7 Will Be ‘Superior To Tesla Model S’ | Carscoops <!—-><!– –><!– –><!—-><!—-> The Luxeed S7 from Huawei and Chery Automobile will debut in November featuring a dual-motor electric powertrain https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson September 27, 2023 at 17:29 <!––> <!– –> Luxeed, the car manufacturer formed by Chery Automobile […]
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MG Cyberster Is A Cruiser, Not A Carver, Says First Reviewer | Carscoops <!—-><!– –><!– –><!—-><!—-> Tester praises ride comfort and refinement but is less impressed with dull handling and the way steering wheel obscures triple-screen dash https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 4 hours ago <!––> <!– –> MG is going back to its enthusiast […]
Read MoreEuropean Subsidy Probe Scrutinizes BMW, Tesla, And Renault EVs Built In China | Carscoops <!—-><!– –><!– –><!—-><!—-> Just because they have a European brand name doesn’t mean that they don’t benefit from Chinese subsidies, EU says as it looks to protect local manufacturing 5 hours ago <!––> <!– –> Europe is investigating whether electric vehicles […]
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Struggling Mitsubishi Chased Out Of China By Local Brands | Carscoops <!—-><!– –><!– –><!—-><!—-> Mitsubishi will end production in China after struggling to compete with domestic automakers and their EV lineups https://www.carscoops.com/author/chris-chilton-cc/ <!––> by Chris Chilton 2 hours ago <!––> <!– –> In a move that reminds us yet again of the growing power and […]
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Ford Axes Direct EV Sales In China Following Weak Demand For Mustang Mach-E | Carscoops <!—-><!– –><!– –><!—-><!—-> Sales of the Mustang Mach-E have fallen short of Ford’s initial expectations, leading the brand to shift its approach to selling EVs and PHEVs through dealerships https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 2 hours ago <!––> <!– –> […]
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German Transport Minister Doesn’t Want EU To Impose Tariffs On Chinese EVs | Carscoops <!—-><!– –><!– –><!—-><!—-> German transport minister Volker Missing says automakers need to focus on producing electric vehicles competitively instead https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 4 hours ago <!––> <!– –> Soon after the European Commission launched an investigation into Chinese-made electric […]
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VW ID.7 Has ErgoActive Seats To Stretch Your Pelvis And Spine | Carscoops <!—-><!– –><!– –><!—-><!—-> The VW ID.7’s ergoActive premium seats come as part of the €4,450 Interior Package Plus https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 5 hours ago <!––> <!– –> VW was one of the first movers among the car industry’s legacy automakers […]
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Hundreds of workers at a factory in Shenyang in northeastern China weld automated machines, 95 yards long, that are used to bore subway tunnels. At another factory there, employees assemble robots that China’s solar panel makers will use to streamline their production. Shenyang is the capital of Liaoning Province, one of three large provinces in […]
Read More Hundreds of workers at a factory in Shenyang in northeastern China weld automated machines, 95 yards long, that are used to bore subway tunnels. At another factory there, employees assemble robots that China’s solar panel makers will use to streamline their production. Shenyang is the capital of Liaoning Province, one of three large provinces in […]
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In early September, the BRICS group of countries with emerging economies — an informal alliance among Brazil, Russia, India, China, and South Africa — announced it would expand its ranks by six nations. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and UAE are now set to join the BRICS group in the near future. This would […]
Read MoreSC-01 Is A $40,000 Chinese Electric Small Sports Car You Never Knew You Needed | Carscoops <!—-><!– –><!– –><!—-><!—-> China’s Small Sports Car is back with a look at what it’s calling the production version of its 429 hp, $40,000 all-electric sports car, the SC-01 1 hour ago <!––> <!– –> About a year ago, […]
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President Biden hosted the leaders of 18 Pacific Island nations at the White House on Monday, the second gathering of its kind in a year and the latest illustration of a regional competition for influence between the United States and China. Speaking to the leaders at the White House on Monday, Mr. Biden invoked America’s […]
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MG Cyberster Getting Ready For Prime Time As Production Starts In China | Carscoops <!—-><!– –><!– –><!—-><!—-> The MG Cyberster will soon go on sale in China and is expected to start at around $41,000 https://www.carscoops.com/author/bradcarscoops-com/ <!––> by Brad Anderson 5 hours ago <!––> <!– –> Production of the MG Cyberster has just started in […]
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BYD’s YangWang U8 Floats And Wades Through Water At Speeds Of 1.8 MPH By Turning Its Wheels | Carscoops <!—-><!– –><!– –><!—-><!—-> Additionally, the 1,184 HP quad-motor YangWang U8 EV equipped with a range extender can execute a 360-degree tank turn, allowing it to pivot in place 2 hours ago <!– –> Last week, BYD’s […]
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