September 2025

BYD’s May Sales Surge to Annual High with 382,000 Vehicles Sold, While Stock Price Drops Over 17%

BYD’s May sales surged, selling 382,000 vehicles to set a new annual high, with overseas sales also breaking records. The “internal price-cutting competition” boosted sales but severely hurt the stock price, which has fallen over 17% from its record high. Citigroup estimates that foot traffic at BYD dealerships may have increased by 30% to 40%

BYD’s May Sales Surge to Annual High with 382,000 Vehicles Sold, While Stock Price Drops Over 17% Read More »

New Breakthrough in Domestic Medical Aesthetic Devices Accelerates Globalization

The globalization of domestically produced medical aesthetic devices is accelerating. On May 28, Eastern Time, ZenTite (Peninsula Counterclockwise) by Shenzhen Peninsula Medical Group Co., Ltd. (hereinafter referred to as “Peninsula Medical”) was installed at the Wellman Center for Photomedicine in Boston. The Wellman Center for Photomedicine is affiliated with Massachusetts General Hospital, Harvard Medical School,

New Breakthrough in Domestic Medical Aesthetic Devices Accelerates Globalization Read More »

China Opposes New Round of Price Wars in Auto Industry

In response to the recent wave of price wars initiated by automakers, the China Association of Automobile Manufacturers (CAAM) issued the ‘Initiative on Maintaining Fair Competition Order and Promoting Healthy Industry Development,’ explicitly expressing opposition. The Ministry of Industry and Information Technology (MIIT) also voiced support for the initiative, emphasizing that ‘there are no winners

China Opposes New Round of Price Wars in Auto Industry Read More »

EU Regrets US Steel and Aluminum Tariff Hike, Prepares Countermeasures

On May 31 local time, the European Commission expressed regret in a statement regarding the United States’ announcement of increased tariffs on imported steel and aluminum, stating that the EU is prepared to take countermeasures. The statement emphasized that the European Commission is currently conducting final consultations on expanding these countermeasures. If a mutually acceptable

EU Regrets US Steel and Aluminum Tariff Hike, Prepares Countermeasures Read More »

Morgan Stanley Strategist Bullish on Chinese Stocks Amid Weaker Dollar

On Friday, Wang Yan, Chief China Equity Strategist at Morgan Stanley, stated that undervalued and underallocated Chinese stocks are expected to attract capital inflows against the backdrop of a weakening US dollar and a strengthening renminbi. She believes that offshore markets, such as Hong Kong stocks, may perform better, as the appreciation of the renminbi

Morgan Stanley Strategist Bullish on Chinese Stocks Amid Weaker Dollar Read More »

India’s Q1 2025 GDP Growth Surges to 7.4%, Exceeding Forecasts

India’s GDP growth reached 7.4% in the first quarter of 2025, significantly surpassing the forecast of 6.6%. The country’s growth prospects remain relatively robust, primarily driven by strong domestic consumption and relatively low dependence on exports. The IMF predicts that India’s economy will reach $4.187 trillion in 2025, slightly exceeding Japan to become the world’s

India’s Q1 2025 GDP Growth Surges to 7.4%, Exceeding Forecasts Read More »

New Policy Financial Tools to Support Foreign Trade Enterprises Amid US Tariff Pressure

Facing pressure from US tariff policies since April, experts predict that policy financial institutions may introduce new policy financial tools, such as export buyer’s credit, to provide targeted support for foreign trade enterprises and mitigate the impact of external demand fluctuations. Fiscal and monetary policies are expected to offer complementary support through the expansion of

New Policy Financial Tools to Support Foreign Trade Enterprises Amid US Tariff Pressure Read More »