Tag: manufacturing
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WEEK IN REVIEW: BYD Reports Sixth Straight Monthly Drop in EV Sales
The Chinese EV-maker BYD reported its sixth straight monthly drop in sales and production, marking the sharpest year-on-year decline since early 2020 as domestic incentives end and demand weakens. The Chinese EV giant is increasingly betting on exports and overseas expansion, including a reported bid for a Nissan–Mercedes ...
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China’s Next Five-Year Plan and the Global South
China’s next five-year economic development plan will be unveiled at its largely ceremonial national legislature, the National People’s Congress, on March 5. The plan, which covers 2026 to 2030, will likely outline the CPC’s aim to shift the Chinese economy toward boosting domestic consumption.
Latin America Split Over How to Counter China’s Steel Surge
Argentina terminated anti-dumping duties on Chinese aluminum foil, removing trade barriers that had restricted shipments from China and reopening the market to Chinese producers. The move marks a notable shift in South America’s trade posture toward Chinese industrial exports, even as ...
South Africa Targets Chinese, Indian Auto Imports With New Tariffs to Boost Local Production
The South African government is considering imposing new tariffs on imported cars to boost the country's ailing auto manufacturing sector. "We're looking specifically at how we can turn the tide on localization," said Mkhululi Mlota, chief director of automotives at the ...
China Drives Nearly a Third of South Africa’s Import Tax Revenue
South Africa’s latest tax data underscores just how central China has become to the country’s trade and fiscal base. Figures released by the South African Revenue Service show that Chinese imports accounted for 30.9% of total import tax revenue, exceeding the ...
