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FirstFT: BYD hit a record 4.3mn electric vehicle sales in 2024

FirstFT: BYD hit a record 4.3mn electric vehicle sales in 2024

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Also in today’s newsletter, South Korean cryptocurrency mogul Do Kwon in court and Alibaba agrees to sell stake in Sun Art Retail
BRIEF: BYD subcontractor accused of labor rights violations in Brazil - Bamboo Works - China stock insights for global investors

BRIEF: BYD subcontractor accused of labor rights violations in Brazil –...

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A subcontractor building a Brazilian factory for leading Chinese new energy vehicle (NEV) maker BYD Co. Ltd. (1211.HK; 002594.SZ) has been accused of serious labor rights at its construction site in Camaçari, Bahia

Alibaba, the Chinese giant that lost market share and valuation due...

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(By Taylor and Maurizio, with the collaboration of Maximiliano Mauvecin) In a special two-part article, we address the problems of Alibaba and its relationship with the root of its major issues: Chinese Statism. In this first piece, we focus on its nightmare of external genesis. A clear example of how, if China were to set aside its "capitalist communism" and embrace freedom and independent justice, it would already be the number one power today. The other significant issue for the rest of the world is: if it becomes the number one power, still without respect for liberties, without protection of private property, and without independent justice, how will it affect the free world, individual respect, and fair competition? In a world where the digital economy is advancing by leaps and bounds, the Chinese giant Alibaba stands out as a colossus in the realm of e-commerce. Amid a complex regulatory environment and uncertain business climate, Alibaba faces significant challenges that could define its future and that of the Chinese economy. Its substantial decline is strictly due to the impact of stateist, communist policies from the Chinese government, resulting in millions in market and capitalization losses. This article explores the evolution of Alibaba, its current difficulties, and the opportunities that could arise if the Chinese government opts for a more favorable approach toward the private sector and sets aside interventionist regimes, granting freedom and respect for private property and individual decisions.

Alibaba: Between the Challenge of Chinese Statism and Hope in the...

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(By Taylor and Maurizio, with the collaboration of Maximiliano Mauvecin). In a more internal and competitive analysis, Alibaba, a giant that if it were in the USA, Ireland, Germany, El Salvador, or any free country, could today be among the top 3 strongest companies in the world. E-commerce is advancing rapidly, and Alibaba Group Holding Limited has become an iconic name. However, the recent turbulence in its finances and market performance has raised concerns among investors and analysts. As the company faces significant operational challenges, from the slowdown of e-commerce in China to uncertainty in its international expansion strategy, it is crucial to understand the current context and future implications for this giant of digital commerce.

China Is Rapidly Becoming a Leading Innovator in Advanced Industries

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There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.
Huawei tops Fortune China's first Tech 50 list ahead of BYD and CATL · TechNode

Huawei tops Fortune China’s first Tech 50 list ahead of BYD...

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Fortune magazine has released its inaugural Fortune China Tech 50 list, highlighting 50 Chinese technology companies that are impacting the world.

China’s AI Regulations and How They Get Made

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Beijing is leading the way in AI regulation, releasing groundbreaking new strategies to govern algorithms, chatbots, and more. Global partners need a better understanding of what, exactly, this regulation entails, what it says about China’s AI priorities, and what lessons other AI regulators can learn.
Hong Kong stocks decline as EU unveils tariffs on Chinese electric vehicles

Hong Kong stocks decline as EU unveils tariffs on Chinese electric...

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Hong Kong stocks retreated, underperforming regional markets, after the European Union announced provisional import tariffs on Chinese electric vehicles.
How Are BYD, Xiaomi And Nio Boosting Car Sales? - BYD (OTC:BYDDF), NIO (NYSE:NIO)

How Are BYD, Xiaomi And Nio Boosting Car Sales? – BYD...

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Chinese automakers, like BYD Co and Xiaomi Corp, are using livestreaming to attract younger buyers and showcase their technology and performance, following in Tesla's footsteps. This approach is cost-effective and allows for direct engagement with potential customers.
How Are BYD, Xiaomi And Nio Boosting Car Sales? By Benzinga

How Are BYD, Xiaomi And Nio Boosting Car Sales? By Benzinga

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How Are BYD, Xiaomi And Nio Boosting Car Sales?