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China seeks to establish itself as EV leads

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China’s dominance in the electric vehicle (EV) market is reshaping the global automotive landscape, as acknowledged by Elon Musk, who views Chinese car companies as Tesla’s most formidable competitors.

 

Beyond being a manufacturing hub, China has excelled in EV development, influencing the industry across resource refining, battery production, software, and manufacturing. Established brands such as Audi, Toyota, and BMW are now collaborating with Chinese partners for EV platforms, batteries, and production. This shift is evident in Australia, where China-made car sales have surged 16-fold in the last five years, and top-selling EVs are predominantly Chinese.

Leading Chinese brands like BYD, SAIC Motor’s MG, and Chery are making significant strides in Australia, with ambitious plans and models that outperform established competitors. China’s impact extends beyond its borders, making it a driving force in the global EV market, shaping growth, innovation, and competition in sustainable mobility.

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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