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Tesla promises new China datacentre as Beijing lays down the law on local storage of EV data
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Tesla China: Protesters upstage company at Shanghai Auto Show
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Tesla is working on vehicles tailored to Chinese consumers as complaints about the quality of its electric vehicles send shock waves through the internet in the country. The American EV giant is mulling new products that will be designed from the ground up for China, Grace Tao, a vice president at Tesla, told 21st Century […]
SOURCE / ECONOMY
Europe, South American traders expect bigger share after anti-dumping duties on Australia
By GT staff reporters Published: Apr 18, 2021 08:23 PM
Bottles of Australian wine on the shelf of a supermarket in Hangzhou, East China s Zhejiang Province on November 27, 2020 Photo: VCG
Winemakers from Europe and South America may enter a golden period of development in the Chinese market, the fifth-largest wine consumer in the world and the largest in Asia, after China imposed anti-dumping duties on Australian wine, leaving a 40-percent market gap to fill.
Since March 28 when China s Ministry of Commerce imposed anti-dumping duties of 116.2-218.4 percent on Australian wine for a five-year period, imports from France, Italy, Chile and other markets into China have accelerated significantly, with imports of Italian wines even doubling as consumption picks up, media reported.
Chip shortage crimping output of electronics By MA SI | China Daily | Updated: 2021-04-16 09:08 Share CLOSE Technicians test chips at a company in Shehong, Sichuan province. [Photo by LIU CHANGSONG/FOR CHINA DAILY]
The ongoing global chip shortage is crimping production of certain personal computers, smartphones and automobiles, and semiconductor component prices are rising significantly, experts and company executives said.
More than 20 integrated circuit companies have raised prices of their products and manufacturing services starting April 1, ranging from semiconductor material plants to chip design and manufacturing facilities, according to data compiled by the financial news outlet 21st Century Business Herald.
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