Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, reports Reuters. The Elon Musk-led automaker and its suppliers have already replaced some China-made components and aim to switch all other components to those made outside of China in the next year or two, the […]
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Foreign purchases of Chinese equities have hit their highest level in four years, in a sign global investors are reassessing a market that until recently was considered “uninvestable,” reports the Financial Times. Offshore inflows into China stocks from January to October this year totalled $50.6 billion, up from $11.4 billion in 2024, according to data from the Institute […]
China has moved to tighten regulations on used car exports, cracking down on new vehicles falsely declared to be second hand, in the latest step to ensure fair and orderly market activity, reports the South China Morning Post. Starting next year, exporters will have to prove after-sales service is available at the destination for vehicles […]
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Economic overview
China’s official statistics showed industrial output growing 4.9% year-on-year in October and retail sales expanded 2.9%, both the weakest pace since August 2024. Second-hand home prices in China’s four top-tier cities—Beijing, Shanghai, Guangzhou and Shenzhen—fell an average of 0.9% from the previous month, and prices across all 70 major cities were down for the second […]
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Burberry returns to growth in China
Burberry reported its first increase in quarterly sales for nearly two years and a return to growth in China, as the British luxury goods retailer begins to reap the benefits of its “back to basics” approach, reports the Financial Times. The FTSE 100 company, famed for its check-patterned coats, said sales at stores that had […]