Sales of Electric Vehicle are growing in China. In 2020, 1.3 million EVs were sold and policy changes and other factors are bound to drive sales even higher this year and beyond. In this post let’s take a quick look at the market share of EVs among the major players. Some of the top EV …
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One of the critical factors that companies consider when offshoring manufacturing to China or Mexico is the cost of labor. Labor costs used to be very low a few years ago when China was emerging as the factory floor of the world. That is no longer the case as labor costs there have been increasing …
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The Wufengshan Yangtze River Bridge is a double deck suspension bridge across the Yangtze river in China. It carries an eight-lane expressway and a high-speed rail line. In fact, it is the world’s largest hi-speed railway bridge. This bridge was opened to traffic in Dec, 2020. The following is a cool video of this engineering marvel: …
The New York Stock Exchange (NYSE) has announced plans to delist Chinese oil major CNOOC (CEO) on March 9, 2021. This follows the delisting of three Chinese telecom firms in January. US investors may have to sell their shares before then or take other actions. CNOOC can appeal the NYSE’s decision. However whether that leads …
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