Tag: China

Porsche’s global sales fell by 15 percent in the first quarter

Global sales of German luxury sports car manufacturer Porsche AG dropped by 15 percent year-on-year in the first quarter...

EU to Introduce EU-Wide Fee on Small Parcels, Affecting Chinese Retailers

A new EU-wide handling fee will be imposed on goods contained in small parcels entering European Union countries. This...

Global electric vehicle sales fell again in February due to China and the US

The number of new electric vehicle registrations worldwide fell by 11 percent in February and slightly exceeded one million....

China wants to use artificial intelligence to prevent corruption in public procurement

China plans to use artificial intelligence to monitor public procurement and tenders. The new tools are designed to help...

China’s foreign trade surplus was record-breaking despite US tariffs

China's foreign trade surplus rose to a record high of nearly $1.2 trillion (almost CZK 25 trillion) last year...

Global stocks strengthened last year, with the main US index, the S&P 500, rising by about a fifth

Global stock prices rose across the board last year. The main US stock index, the S&P 500, strengthened by...

Trump expects many issues to be resolved with Sim, wants to reduce tariffs on China

US President Donald Trump arrived in South Korea today, where, in addition to meetings with local leaders, he will...

Media: China’s Leapmotor set to start production of B10 electric cars in Europe

Chinese carmaker Leapmotor plans to start production of its small electric sports utility vehicle, the B10, in Europe in...

Lego brick manufacturer reports record sales, collaborates with other brands

Danish brick manufacturer Lego increased its sales by 12 percent to a record 34.6 billion Danish kroner (DKK; CZK...

Shares in developer Evergrande have been permanently delisted from the Hong Kong Stock Exchange

Shares in Chinese real estate giant Evergrande were delisted from the Hong Kong Stock Exchange today after more than...

According to sources, Indian company Aurobindo wants to pay up to USD 5.5 billion for Zentiva

Indian pharmaceutical company Aurobindo Pharma is negotiating the takeover of Czech drug manufacturer Zentiva. The transaction could be worth...

China calls on the US to lift tariffs, Britain considers court ruling a US matter

China today called on the United States to lift “illegal unilateral tariff measures.” This was in response to a...