by weblychee | Jan 29, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Trade
1.Shanghai Stock Exchange (SSE) dropped to 2800 points again, and only 200 A-share stocks rose On January 22nd, The Shanghai Stock Exchange (SSE) index dropped by 1.4% to 2792.62 points, while the Shenzhen Stock Exchange (SZSE) index fell by 1.8%, and the Growth...
by weblychee | Jan 22, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Trade
1.China’s car exports to reach 5.221 million units in 2023, surpassing Japan as top car exporter According to the most recent data released by the General Administration of Customs (GAC), China’s automobile exports reached a remarkable 5.221 million units in 2023....
by weblychee | Jan 15, 2024 | Business, China, Glopen, In-depth, Newsletter
1.Huawei is gradually laying off PR staff in North America Despite previously regarding the United States as a pivotal market, Huawei has undertaken a series of layoffs within its North American PR and government relations departments in recent months, with several...
by weblychee | Jan 8, 2024 | Automotive, Business, China, Glopen, Newsletter
1.Chinese car companies are challenging Tesla’s sales myth On January 2, Tesla announced a record-breaking fourth-quarter 2023 vehicle delivery figure of 484,507 units, setting a new high for electric car deliveries. Meanwhile, BYD reported pure-electric vehicle sales...
by weblychee | Jan 1, 2024 | Automotive, Business, China, Glopen, In-depth, Newsletter, Services
1.Xiaomi has launched its first electric vehicle On December 28th, Xiaomi Group hosted the Xiaomi Car Technology Launch Event in Beijing, officially introducing Xiaomi Car’s five core technologies – E-Motors, Battery, Die-casting, Pilot Autonomous Driving, and Smart...
by weblychee | Dec 25, 2023 | Automotive, Business, China, Glopen, In-depth, Newsletter
1.Thailand’s Luckin Coffee is suing China’s Luckin Coffee and seeking 10 billion baht in damages. Several Thai media outlets reported that on the morning of December 19th, the Royal 50R Group filed a lawsuit against Luckin Coffee in court, seeking compensation for...
