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Future Publishing | Future Publishing | Getty ImagesBEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis published Thursday by the U.S.-based Center for Strategic and International Studies. Last month, the U.S. announced it was raising duties on imports of Chinese electric vehicles to 100%. There are some exceptions, but in general Western automakers and governments have dilly dallied and not been aggressive enough. But he also noted that the U.S. has not created conditions that are as attractive as China's for developing its own electric car industry. "There are some exceptions, but in general Western automakers and governments have dilly dallied and not been aggressive enough," he said.
Persons: Scott Kennedy, Kennedy, Tesla Organizations: Workers, SAIC, GM, Future Publishing, Getty, Strategic, International Studies, CSIS, U.S, Ministry of Finance, Bank of America, Western, EV Locations: Qingdao, Shandong, BEIJING, China, U.S
France's Macron set to press visiting Xi on trade, Ukraine
  + stars: | 2024-05-05 | by ( ) www.cnbc.com   time to read: +1 min
Chinas President Xi Jinping (L) and his French counterpart Emmanuel Macron attend the official welcoming ceremony in Beijing on April 6, 2023. China's President Xi Jinping heads to Paris on Sunday for a rare visit, with his French counterpart Emmanuel Macron set to press him to reduce trade imbalances and try to convince him to use his influence on Russia over the war in Ukraine. Neither aim will be easily fulfilled during Xi's two-day stay in France, where he arrives at a time of growing trade tensions between Europe and China. His official meetings will include joint talks with Macron and European Commission chief Ursula von der Leyen. German Chancellor Olaf Scholz will not join Macron and Xi in Paris due to prior commitments, sources said.
Persons: Xi Jinping, Emmanuel Macron, Xi, Ursula von der, Olaf Scholz, Noah Barkin Organizations: China's, European Union, EU, Macron, European Commission Locations: Beijing, Paris, Russia, Ukraine, France, Europe, China, European, Germany, German
Chinas President Xi Jinping (L) and his French counterpart Emmanuel Macron attend the official welcoming ceremony in Beijing on April 6, 2023. Chinese President Xi Jinping kicked off a three-country trip to Europe on Sunday with the continent divided over how to deal with Beijing's growing power and the U.S.-China rivalry. Xi starts Sunday in France, whose president wants Europe to have more economic and strategic independence from other world powers. Then the Chinese president heads to Serbia and Hungary, both seen as China-friendly and close to Russian President Vladimir Putin, and recipients of substantial Chinese investment. On Monday French President Emmanuel Macron will treat the Chinese leader to formal honors of a full state visit.
Persons: Xi Jinping, Emmanuel Macron, China's, Xi, Vladimir Putin, Gabriel Attal –, Ursula von der Leyen Organizations: U.S ., EU, Paris, Airport, French, Monday, European Locations: Beijing, Europe, U.S, China, Russia, Ukraine, Russian, France, Serbia, Hungary, Washington, Tibet, Paris
Chinas Realme closing in on market leaders Xiaomi, Samsung, yet hurdles loom in treacherous market where many stumbled. Under the PLI Scheme 2.0 for IT hardware, which was approved by the government in May, India will provide companies incentives for goods manufactured in the country. The Indian IT hardware market is expected to grow to $22.77 billion in 2027 from $15.52 billion in 2022. "The IT Hardware manufacturing sector faces the lack of a level playing field vis-à-vis competing nations ... There is need for a mechanism to compensate for the manufacturing disabilities vis-à-vis other major manufacturing economies," according to the ministry.
Persons: Chinas, Anindito Mukerjee, Vaishnaw Organizations: Xiaomi, Samsung, Bloomberg, Getty Images, Dell, HP, Lenovo, Asus, Ministry of Electronics, of Railways, Communications, Electronics Locations: Greater Noida, India, Indian
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/chinas-spending-on-green-energy-is-causing-a-global-glut-d80eaea7
Persons: Dow Jones
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/chinas-economy-grew-4-9-in-third-quarter-3e504ab0
Persons: Dow Jones
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Persons: Dow Jones
China’s Teetering Local Debt Mountain, in Six Charts
  + stars: | 2023-10-13 | by ( Nathaniel Taplin | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
A Bigger World Bank Takes on China’s Clout
  + stars: | 2023-10-11 | by ( Greg Ip | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones
China’s Golden Week Doesn’t Glitter
  + stars: | 2023-10-09 | by ( Jacky Wong | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones Locations: asia
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Persons: Dow Jones
China’s Economic Gloom Takes Shine Off Its Golden Week
  + stars: | 2023-10-09 | by ( Jason Douglas | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones, schumer Locations: israel
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Persons: Dow Jones
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Persons: Dow Jones Locations: mexico
How China’s BYD Became Tesla’s Biggest Threat
  + stars: | 2023-10-04 | by ( River Davis | Selina Cheng | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones
China’s Economy Picks Up Steam for Holiday
  + stars: | 2023-09-30 | by ( Jason Douglas | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones
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Persons: Dow Jones, d6e56cc5 Locations: asia, taiwan
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Persons: Dow Jones, fdff4672
Total: 25