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China Could Sell TikTok to Musk

Why China may be OK with TikTok selling to Elon Musk

After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.

USA Today · 18h

China could seek sale of TikTok to Elon Musk

TikTok’s U.S. operations might soon have a new owner - Elon Musk. Chinese officials are said to be considering allowing the sale of the social network to the billionaire.

Bloomberg L.P. · 1h

China Selling TikTok to Musk Makes Sense, Ives Says

Wedbush Securities Managing Director Dan Ives says it could make sense for China to sell off the US operations of TikTok to Elon Musk, but without the algorithm. Ives says TikTok could fetch $40 to $50 billion.

European Union, medical device and China

Reuters on MSN · 23h

EU weighs curbs on Chinese medical device makers in public bids

By Philip Blenkinsop BRUSSELS (Reuters) -EU medical device suppliers are not given fair access to China's public tenders, the European Commission concluded on Tuesday, a finding that could lead to restrictions on Chinese suppliers in Europe.

Bloomberg on MSN · 1d

EU Probe Finds China Discriminates in Medical Device Procurement

A European Union probe into China’s procurement of medical devices confirmed the bloc’s concerns that the Asian country discriminates against foreign firms, opening the door to potential measures that could curb Beijing’s access to public tenders in future.

Barron's · 1d

China 'Discriminating' Against European Medical Devices In Tenders: EU

The EU accused China on Tuesday of discriminating against European medical device producers in public contracts and warned of "decisive action" unless the issue can be resolved through dialogue with Beijing.

China, Volkswagen

Reuters on MSN · 1d

Volkswagen deliveries drop in tough year at home and in China

Volkswagen's unit sales fell 2.3% in 2024 to just over 9 million vehicles, the German automaker reported on Tuesday, as it struggles to cut costs at home and fight a price war in China, its biggest market.

The Wall Street Journal on MSN · 1d

Volkswagen Car Deliveries Fall as Challenges in China Continue

VW delivered fewer cars in 2024 as it continued to be hit by rivals cutting prices to win customers in China, its largest market.

invezz on MSN · 1d

Volkswagen’s global deliveries fall by 2.3%, weighed down by China volumes

Volkswagen Group, the world’s largest carmaker by sales volume, recorded a 2.3% drop in deliveries for 2024, falling to just over nine million vehicles. The decline reflects significant challenges in China,

Hosted on MSN1d

China still hopes to stabilize market, ideally before Trump inauguration

China’s leaders are reportedly still scrambling to stabilize their economy before Donald Trump takes office. The pressure is ...

2don MSN

China’s iron grip on critical minerals puts US in ‘unfathomable’ national security bind: experts

China has a chokehold on the world’s supply of critical minerals – and experts are warning the situation is major risk to US ...

China Market Update: Mainland Investors Buy $6 Billion In Hong Kong On Weakness, Week In Review

Asian equities were mixed but mostly lower overnight as Pakistan and Thailand outperformed and Mainland China and Singapore ...

1hon MSN

Trump’s China tariff threats are helping fuel a manufacturing boom — in Mexico

The migration of manufacturing to Mexico could undermine Trump’s promise to voters that ratcheting up tariffs on China would ...

China’s Market Support Falls Short as Economic Gloom Deepens

An escalation of China’s fight against bearish traders has failed to allay fears that the world’s second-largest economy is ...

8don MSN

China's markets had a shaky start to the year, including a blow to 2 major tech companies

The Pentagon has designated two major high-profile tech companies — Tencent and CATL — as Chinese military companies ...

2don MSN

China’s exports surge amid trade tensions

China’s exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part ...

中国日报网8h

Guangdong carbon market closes flat

GUANGZHOU - Carbon emissions allowances closed at 37.61 yuan ($5.23) per ton on Tuesday, kept flat as Monday, at Guangzhou ...

2don MSN

BMW and Porsche have a China problem. They're not the only ones.

Bad news for foreign automakers in the world's biggest car market keeps coming as two German marques reported big declines in ...

6don MSN

China Makes More Cars Than It Needs. Now, It’s Shakeout Time.

An “elimination round” is likely to cull weaker players in a market dominated by EVs and plug-in hybrids. Among the early ...

10h

US engineers decisive split in global auto market

One of the last acts of President Joe Biden's administration is to engineer a split in the global auto market. On Tuesday, ...

Cambricon, China’s AI chip leader and answer to Nvidia, predicts first quarterly profit

The Chinese investors’ darling of 2024 is one of the nation’s best hopes in developing home-grown advanced graphics ...

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