The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn

Tech Insider
A Mercedes-Benz EQE is displayed during the British Motor Show at Farnborough International Exhibition Centre.
Mercedes-Benz CEO Ola Källenius says companies need to "keep on innovating" amid a "Darwinian" battle in the auto industry.

John Keeble via Getty Images

Taiwan's president is doubling down on sticking it to Beijing, saying China can't be the 'motherland' because its government is younger

Tech Insider : Politics
Taiwan's president, Lai Ching-te, speaks to a Taiwanese soldier as he inspects a military exercise.
Taiwan's president, Lai Ching-te, has increasingly challenged the arguments and rhetoric that Beijing has used for years to promote Taiwan as its sovereign territory.

Annabelle Chih/Getty Images

China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.

Tech Insider : Economy, Economy, Politics
Xi Jinping
Xi is walking a careful line to encourage the economy without overheating it.

Li Xueren/Xinhua via Getty Images; iStock; Rebecca Zisser/BI

The EU just made Chinese EVs a lot more expensive — and created a new threat for European automakers

Tech Insider
Volkswagen ID7 at the 2024 Wuhan International Auto Show in China.
China is Volkswagen's single largest market.

Wang He/Getty Images

Russia can rely on China for the yuan, but China can't rely on anyone else

Tech Insider : Economy, Economy
Russian President Vladimir Putin greets Chinese President Xi Jinping against a backdrop of China and Russia flags.
Chinese President Xi Jinping and Russian leader Vladimir Putin.

Contributor/Getty Images

Iran's massive missile strike on Israel is just a fraction of what China could do

Tech Insider
A photo showing a Chinese missile standing upright in a forest location at night, with some Chinese soldiers surrounding it.
US military officials have identified China's missile force as a premiere concern in a potential Pacific conflict.

Liu Mingsong/Xinhua via Getty Images

Billionaire investor Ray Dalio has a solution for China, but it'll need Beijing to radically remake its own rules

Tech Insider : Economy
Ray Dalio, founder of Bridgewater Associates, speaks at a conference in New York City.
Ray Dalio, founder of Bridgewater Associates, is again promoting the idea that China should undertake a "beautiful deleveraging."

Dia Dipasupil/Getty Images

3 of China's Tesla rivals had a record month, putting pressure on Elon Musk

Tech Insider
Xpeng M03
The cheapest version of Xpeng's Mona M03 is nearly half the price of Tesla's Model 3 in China.

VCG/Getty Images

China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now

Tech Insider : Economy
Saudi Arabia's King Salman bin Abdulaziz Al Saud and Chinese leader Xi Jinping.
China and Saudi Arabia are impacting oil prices more than Israel's actions in the Middle East.

Lintao Zhang/Getty Images

Even Xi Jinping admits China has a painful road ahead despite his new stimulus

Tech Insider : Economy
Chinese leader Xi Jinping walks to the podium during a reception at the Great Hall of the People in Beijing on the eve of National Day.
Chinese leader Xi Jinping urged China to "prepare for rainy days" ahead, even after his government announced a stimulus that set off a market rally last week.

ADEK BERRY/AFP via Getty Images

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