WEEK IN REVIEW: Trump Claims Call With Xi, But Beijing Doesn’t Confirm

File images of U.S. President Donald Trump and Chinese President Xi Jinping. (Photo by CHARLY TRIBALLEAU and Elvis Barukcic / AFP)

Two of China’s state-owned automakers may merge, creating the world’s largest carmaker by sales and eclipsing the current champion BYD. Dongfeng Motor Group and Chongqing Changan Automobile indicated in filings that their ownership structures may change, sparking rumors of a possible merger. Such a move could target overcapacity and boost the competitiveness of China’s EV sector. (SOUTH CHINA MORNING POST)

Mongolian Prime Minister Oyun-Erdene Luvsannamsrai is visiting China this week. The visit includes attending the closing ceremony of the Asian Winter Games in Harbin and meeting with senior Chinese leaders, including President Xi Jinping and Premier Li Qiang. Cross-border rail links, coal trade, and air pollution are reportedly on the agenda. (THE DIPLOMAT)

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by CGSP Staff

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