China plays defense on EV batteries, offense on hydrogen
China rolls out new rules restricting the export of cutting-edge technology for EV battery manufacturing. How will this affect Chinese battery makers setting up factories abroad? And hydrogen fuel cell maker Refire reports its revenue fell 10% in the first half of the year. What does this say about a Chinese sector that's getting huge government support, but has yet to find a mass audience?
INDUSTRY BRIEF: China shipping rates plummet from recent highs
Freight charges for shipping products from China have tumbled from highs in July, as demand for Chinese exports slows, Caixin reported on Wednesday. The benchmark rate for shipments to North…
Cango reduces risks at home, looks overseas for new opportunities
The car-trading company’s revenue plunged in the first quarter as it put the brakes on its self-operated business and launched a new cross-border platform Key Takeaways: Cango’s revenue has fallen…