business-and-economy-news – Charm

Xi Jinping’s Disappearance Signals Power Shift In China

WION: Breaking News, Latest News, World, South Asia, India, Pakistan, Bangladesh News & Analysis

Cs news11 months ago11 months ago01 mins

Chinese President Xi Jinping’s unexpected absence from public view between May 21 and June 5 this year has fueled widespread speculation about possible internal political shifts within the top ranks of the Chinese Communist Party (CCP), CNN-News18 has reported. Source link

Xiaomi enters China’s cut-throat EV market

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Cs news11 months ago01 mins

Xiaomi has shaken up China’s electric vehicle market with the launch of its YU7 SUV. The tech giant received 200,000 pre-orders in just 3 minutes, sending its shares to a record high. With the YU7 priced 4% below Tesla’s Model Y, analysts say Tesla may be forced to cut prices as competition intensifies in the…