The Latest Breaking News from China

It seems like the competitiveness in the electric vehicle space is finally paying off as battery-powered cars are finally getting cheaper to make. Battery costs are dropping, material costs are down too, and even the average transaction price of new vehicles seems to be stabilizing a bit (although they're still high).

Ukrainian President Volodymyr Zelenskyy recently accused North Korea of plans to send 10,000 soldiers to fight for Russia in Ukraine. South Korean intelligence later gave credence to Zelenskyy’s assertion, as the country’s legislators noted that North Korea has already dispatched 3,000 soldiers to Russia.

According to conventional wisdom, U.S. voters are largely motivated by domestic concerns and especially the economy.

Former Samsung Electronics employee allegedly leaked semiconductor data to his country 

China prepares to launch a new crew to its space station, showcasing its advancements in space exploration and commitment to international cooperation.

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

Apple has reportedly exported nearly US$6 billion of India-made iPhones, marking an increase of a third in value terms from a year earlier. Apple's iPhone exports from India are expected to exceed about $10 billion in fiscal year 2024.

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

Luckin Coffee was booted off the Nasdaq in 2020 after an accounting scandal. It may be on its way back to the U.S.