by weblychee | Jul 10, 2023 | Automotive, Business, China, Glopen, Newsletter
1. BYD to invest US$620 million for 3 factories in Brazil, to produce affordable vehicles and batteries for local markets BYD, the world’s largest electric vehicle (EV) maker, has announced its plans to make a strategic investment of US$620 million in the...
by weblychee | Jul 3, 2023 | Business, China, Glopen, Newsletter
Welcome to the very first edition of our Glopen weekly newsletter, that brings you the latest business news, trends and topics related to China. In our weekly newsletters, we not only provide you objective information about China but also a fresh new perspective to...
by weblychee | May 16, 2023 | Blog, Business, Business Blog, China, Glopen, In-depth, Trade
Last week, General Administration of Customs of China released the data for April 2023, and I was rather shocked by the results. So lets have a look at the data and what it implies. In April 2023, China’s exports reached 2.02 trillion yuan, an increase of 16.8%, while...
by weblychee | Feb 4, 2023 | Automotive, Blog, Business, Business Blog, China, Glopen, In-depth
What does the Auto Industry and Mobile Industry have in common? They are both gigantic, the global automotive market is around 2.9 trillion USD, while the global mobile phone market is around 0.5 trillion USD. They both have some of the most iconic brands in the...
by weblychee | Jan 27, 2023 | Automotive, Blog, Business, Business Blog, China, Glopen, In-depth
In 2022, the Chinese Auto Market recorded another year of positive growth after 3 consecutive years of decline since 2017. Although growth in 2022 was limited, it’s still a remarkable achievement considering the microchip crisis, COVID crisis and higher battery costs...
