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At the China Development Forum conference in March, China tried to win back the trust of foreign businessmen. On this occasion, China’s Commerce Minister Wang Wentao had said, we do not consider companies from other countries as foreign but as part of the family. Chief Executives of many companies including Apple, Pfizer, Procter &…
Chinese automakers are giving US car companies a run for their money, especially as the momentum behind electric vehicles accelerates and that could force the likes of Ford and GM to make some hard decisions. Without China, American car companies will likely lean into US electric vehicle sales. Other than Tesla, popular US auto brands lost…
