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How China's BYD Became Tesla's Biggest Threat
Once a maker of cellphone batteries, the company is in the running to become the world’s No. 1 seller of electric vehicles. Source link
Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
Listen to article (3 minutes) RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such as “Pokémon” for
Deal on China Flights Signals U.S. Airlines' Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source link
U.S. and China Poised to Drift Further Apart After Investment Ban
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The Era of Ultracheap Stuff Is Under Threat
Factories across Asia are struggling to attract young workers. That’s bad news for Western consumers accustomed to inexpensive goods made in the region. Source link
Europe Returns to Timid Growth, but Bigger Headwinds Loom
Lower energy bills helped drive an expansion in activity in the quarter through June, but the region faces a litany of challenges in the coming
Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
China's Soaring Youth Unemployment Threatens Xi's Economic Vision
The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ Source link
Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’
July 17, 2023 12:00 am ET Listen to article (2 minutes) Europeans are facing a new economic reality, one they haven’t experienced in decades. They
Negotiators See Global Deal on Taxing Tech Firms Within Reach
An agreement would reallocate taxation of about $200 billion in profits; failure could lead some nations to impose their own levies on companies. Source link