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China’s Industrial Profits Surge at Fastest in Over Two Years

China’s Industrial Profits Surge at Fastest in Over Two Years

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191sk57tbcyuuia3{76lsqq}_media_dl_1.png National Bureau of Statistics Article content (Bloomberg) — China’s industrial companies saw their profits soar at the fastest in more than two years, lifted higher by demand for artificial intelligence-related goods and a surge in oil prices stemming from the Iran war. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the […]

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Why the Iran war could be a ‘game-changer’ for EVs

Why the Iran war could be a ‘game-changer’ for EVs

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BYD electric vehicles, one of the Chinese car manufacturers, are displayed at the annual Bangkok International Motor Show at Impact Muang Thong Thani. The event runs from Tuesday to April 5. (Photo: Pattarapong Chatpattarasil) Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles – a sector

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China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

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uac)e1c0bsrf7rt4aqik8919_media_dl_1.png Bloomberg Article content (Bloomberg) — Yields on China’s 30-year bonds were headed for the highest close since September 2024 as rising oil prices fueled by the war in Iran stoked inflation concern. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles

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China’s new energy vehicle sales surpass gasoline cars for the first time in October

China’s new energy vehicle sales surpass gasoline cars for the first time in October

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According to data released by the China Association of Automobile Manufacturers, China’s new energy vehicle (NEV) market reached a major milestone in October, with NEV sales hitting 1.715 million units and accounting for 51.6% of total new car sales — surpassing gasoline vehicles for the first time. NEV production and sales in the month rose

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China’s electric car sales grow in 2024, as sales of gasoline cars plunge

China’s electric car sales grow in 2024, as sales of gasoline cars plunge

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Sales of all types of electric vehicles rose more than 40% in China last year, while those of gasoline-powered automobiles plunged By KEN MORITSUGU Associated Press and ZEN SOO Associated Press January 13, 2025, 4:18 AM BEIJING — Sales of all types of electric vehicles rose more than 40% in China last year, while those

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China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff

China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff

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From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the electrification of China’s transport fleet — and the demise of gasoline — are everywhere. Author of the article: Bloomberg News Bloomberg News Published Nov 27, 2024

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