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The Trump card: Equity relaxation is “Presidential” gift for the U.S. and rest of the world

Chinese and U.S. companies signed deals worth an eye-popping more than $253.5 billion during U.S. President Donald Trump’s “state visit-plus” to China in November. The figure, which set a record for China-U.S. trade relations, was revealed by the Ministry of Commerce on November 9 after Chinese President Xi Jinping and Trump

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The Trump card: Equity relaxation is “Presidential” gift for the U.S. and rest of the world

Chinese and U.S. companies signed deals worth an eye-popping more than $253.5 billion during U.S. President Donald Trump’s “state visit-plus” to China this week. The figure, which set a record for China-U.S. trade relations, was revealed by the Ministry of Commerce on November 9 after Chinese President Xi Jinping and

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Chery ponders India foray with Tata Motors

Chinese car makers are increasingly looking towards hiking their stakes in the high growth Indian automobile market, and are actively exploring their cooperation with Indian partners in their home base and drive in to the India market. The latest new entrant showing interest is Chery, which already has a partnership

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Chinese SUV brands be aware: foreign brands lurking

China’s auto sales rose 9.75 percent year-on-year in May to 2.09 million units, pushing January-May sales to almost 10.76 million units, rising nearly 7 percent, according to data released by China Association of Automobile Manufacturers (CAAM) on June 13. Passenger vehicle sales, SUVs in particular, and a rebound in commercial

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Brazil is a tough nut for Chinese carmakers

Chinese auto brands have suffered sales declines in Brazil for three straight years due to the country’s economic recession and fierce competition. Chinese automakers entered Brazil five years ago and enjoyed booming sales during the first two years. However, the ongoing economic recession has made it difficult for Chinese brands to

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Stock market crunch exacerbates cooling auto market

The auto market continues to cool and the recent stock market crunch isn’t helping. According to data released by China Passenger Car Association (CPCA) on July 8, passenger vehicle (car, MPV, SUV and microvan) sales in June were down 3.2 percent to around 1.43 million units despite continued upsurge in

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Technology revolution will disrupt manufacturers but not the industry

The 2015 7th China Auto Blue Book Forum, organized by Automotive Business Review (Qiche Shangye Pinglun), was held on May 9 in Beijing. With a theme of Reboot, China’s Auto industry From Four Angles, the Forum discussed and debated how smarter vehicles, electrification, e-commerce and sharing will transform and opportunities

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