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China
Tesla Increases Model Y Prices on the Chinese Market
Tesla will increase the prices of its popular Model Y versions in China. The move follows a model refresh in October.
The American electric car manufacturer is once again adjusting its prices in the largest and most competitive…
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EU Asks AliExpress for Information About Sales of Illegal Products
The European Commission has asked AliExpress for information about the measures the Chinese online store is taking against the online distribution of illegal products, such as counterfeit medicines.
The request is in line with the…
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China Wants to Limit Misunderstandings With US, Says Foreign Minister
China wants to avoid misunderstandings and misjudgments with Washington. Chinese Foreign Minister Wang Yi said this before a meeting with his American counterpart Antony Blinken.
According to the Chinese minister, relations between…
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China Returns to the Brink of Deflation; Exports are also Falling
Consumer prices in China unexpectedly remained unchanged in September compared to a year ago. With an inflation rate of zero percent, the second-largest economy has returned to the brink of deflation, indicating that the country's economic…
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Bloomberg: Germany Wants to Ban Huawei Parts From Its 5G Network
The German Ministry of the Interior wants to ban core equipment from Chinese companies Huawei and ZTE from the country's 5G network. Bloomberg news agency reports this based on an insider.
According to the source, various…
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TikTok is Fined 345 Million for Lax Protection of Children
TikTok has been fined 345 million euros because the video app has done too little to protect children's privacy. The Irish privacy watchdog imposed this fine, among other things, because videos of children on the platform were automatically…
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China Takes New Measure to Support Economy
The Chinese central bank has announced a new measure to boost the country's ailing economic recovery. This time, the amount of cash banks must hold as reserves is again reduced.
The central bank hopes financial institutions will…
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Taiwan Reprimands Elon Musk After Controversial Statement About China
A statement by Tesla and X CEO Elon Musk about Taiwan has caused bad blood among the authorities of the island state.
In a podcast, the multi-billionaire had compared Taiwan to the US state of Hawaii, saying the former is "an…
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