China will still be an important market in the years to come, said Peak XV, despite firms diversifying away from the country amid geopolitical concerns.
Putin's visit to China comes at the invitation of Xi and will be the Russian leader's first foreign trip since he began his fifth term in office last week.
A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China.
Automotive and trade experts say the increased tariffs are a near-term protectionism act that may delay but not stop Chinese EVs from coming to the U.S.
Slovakia's populist prime minister, Robert Fico, on Wednesday was shot multiple times in an assassination attempt that has sent shock waves across the Continent.
Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's Model Y.