Some Chinese car companies are still hoping to enter U.S. markets, despite proposed restrictions that are thought to be a fatal blow to their global ambitions.
A NIO ES6 electric vehicle on display outside Nio's North American headquarters and Innovation Center in San Jose, California, September 9, 2019. Credit: Sundry Photography via Adobe Stock
As the sun sets on the Biden administration, it is preparing one last maneuver that could prevent Chinese cars from driving on American roads for years to come.
An excerpt from the Commerce Department's proposed rules on 'information and communications technology and services' (ICTS) and connected vehicles. Source: Bureau of Industry and Security
The Department of Commerce is currently finalizing a rule to make it illegal to import or sell cars, trucks, and buses in the United States
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After years of planning and investment, robotaxis are finally hitting the road in China. Accidents and the impact of self-driving vehicles on employment remain concerns, but the government remains committed to developing the industry into a global leader.
China’s five-year long property market woes have transformed the sector, but there are signs the government is determined to arrest the slide this year.
The economist explains why local governments’ debt woes are the key to China’s economic issues, and why the country could do with more Taylor Swift concerts.
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