GM Stays the Course in China Despite Fierce Local Competition
GM reaffirms its commitment to building a profitable and self-sustaining operation in China amid rising competition from local automotive brands.
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The US economy exceeded expectations in Q2, with GDP growth accelerating to 2.8% driven by robust consumer spending and inventory buildup.
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The Chinese mainland’s GDP grew by 5% in the first half of 2024, reaching 61.68 trillion yuan ($8.65 trillion), signaling strong economic growth.
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China’s Industrial Profits Climb 4.3% in Early 2023
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Tesla Passes China’s Data Security Tests, Restrictions Lifted
Tesla has successfully passed four data security tests in China, removing previous restrictions. The announcement was made by China’s Automobile Manufacturers and the National Computer Network Emergency Response teams.