China hints at its asymmetric warfare system aimed to dethrone US dollar — RT Business News

China hints at its asymmetric warfare system aimed to dethrone US dollar — RT Business News

Source link For Beijing, it’s not so much about replacing the greenback within the current system but creating an entirely separate alternative Barely a day goes by without a headline about the Chinese yuan gaining further traction in global trade. As de-dollarization gains steam, the currency of the world’s second largest economy has been thrust […]

Chinese EV maker seeks to dethrone Tesla – media — RT Business News

Chinese EV maker seeks to dethrone Tesla – media — RT Business News

Source link BYD has been challenging the US manufacturer’s premium models, the South China Morning Post reports Chinese electric vehicle maker BYD has launched a sport-utility vehicle (SUV) model to take on Tesla’s Shanghai-made Model Y, the South China Morning Post reported on Monday. The SUV, which was unveiled on Friday at the Guangzhou Auto […]