06 Nov 2025
More recent developments
November 6, 2025
Geely acquires existing production capacity from rivals to accelerate NEV expansion
Auto giant Geely is delivering on its promise to massively scale up global production without building new manufacturing capacity. On November 3, the company announced it had acquired a 26.4% minority stake in French automaker Renault’s Brazilian subsidiary. The deal… Read More »
November 6, 2025
Policy advisor says resolving overcapacity will take longer than usual
Tackling industrial overcapacity will take Beijing longer than expected, at least according to one key policy advisor. Liu Yuanchun, president of Shanghai University of Finance and Economics – who we rank as China’s top economic policy advisor – said the… Read More »
November 6, 2025
China subsidizes power for AI data centers
What happened: On November 4, the FT reported that local governments are subsidizing the electricity bills of AI data centers. “China has increased subsidies that cut energy bills by up to half for some of the country’s largest data centers.”… Read More »