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Uncertainty ahead for Xi’s China

Author: Kerry Brown, King’s College LondonIn 2021 China was, and in 2022 again will be, dominated by the domestic economy, relations with the United States, the COVID-19 pandemic and President Xi Jinping. Despite spectacular bounce-back growth in the first half of the year, China’s economy had slowed dramatically by year’s end. Worries centred on the…

Tesla China Sales Topped 70,000 In December

The China Passenger Car Association reported booming December electric vehicle sales on Tuesday, with record Tesla (TSLA) local deliveries. Tesla stock edged higher Tuesday, while China EV rivals rebounded solidly.XTesla China sales hit 70,847 in December, with only 245 vehicles exported. Typically, Tesla reports its highest local deliveries in the third month of the quarter,…

China Gorges On Cheap, Sanctioned Oil From Iran, Venezuela

(Bloomberg) — China doubled down on imports of Iranian and Venezuelan crude in 2021, taking the most from the U.S.-sanctioned regimes in three years, as refiners brushed off the risk of penalties to scoop up cheap oil.Most Read from Bloomberg Cypriot Scientist Says Deltacron Covid Variant Isn’t Error World’s Biggest Crypto Fortune Began With a…