Prominent state-backed newspapers in China issued more scathing editorials condemning a proposal to create a U.S.-controlled joint venture for the popular Chinese-owned app TikTok, ratcheting up pressure on its parent company ByteDance. “China has no reason to give the green light to such a deal, which is dirty and unfair and based on bullying and extortion,” state-owned newspaper China Daily...
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How Tesla is Winning From the U.S.-China Trade War
On Nov. 1 last year, Tesla invited executives from dozens of China-based automotive parts suppliers to the carmaker’s new Shanghai factory, where its first made-in-China Model 3 sedans were about to roll out. At the event, Roshan Thomas, Tesla’s senior executive in charge of managing suppliers, gave a speech explaining that Tesla needed to continually push down the price of its ...
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