The EV adventure in China has been successful in some respects, not least with 5.9 million EVs sold on the Chinese market, amounting to 59% of EVs sold globally. However, as a means to reduce climate change, the effort has tended to “put the cart in front of the horse”, because EVs are not particularly environmentally friendly without a steady stream of renewable electricity supply. Academic Erik Baark lays out the factors involved.
Chinese automakers have performed well in their push to go global, especially as Europe is now its biggest overseas market. But with Europe and the US ramping up policies to promote their own EV industries, the road ahead for Chinese automakers is not without hurdles.
With China intensifying its interest in the Arctic’s Northern Sea Route, India also looks to subtly increase its cooperation with Russia in the shipping route which can significantly reduce sailing time between Europe and Asia. But India has strategic reasons of its own to do so.
While Taiwan is known for its food and scenery, it is also notorious for its dangerous roads. A series of recent accidents has brought the problem into the spotlight. Lianhe Zaobao correspondent Woon Wei Jong looks into Taiwan’s road safety issue and what can be done to improve it.
China’s ride-hailing market has seen exponential growth this year, which some attribute to the recovery of economic activity. However, others believe that the increase in ride-hailing drivers reflects increased unemployment. Lianhe Zaobao journalist Daryl Lim looks into the potential oversaturation and different factors impacting the market.
The China-Central Asia Summit may have ended last week, but it seems that it is just the beginning for China’s re-consolidated relations with Central Asia and also Russia, with an exchange of visits between Chinese and Russian officials coming up. Lianhe Zaobao correspondent Yu Zeyuan notes that China’s influence in Central Asia is strengthening, not least the result of Russia’s embroilment in the war in Ukraine.
The diverging performance of China’s ports reflects a shift in trade for the world’s largest exporter. A growing proportion of shipments are destined for emerging markets such as countries in the Association of Southeast Asian Nations, the Middle East and Latin America, and an increasing share of exports consist of intermediate goods and capital items. Meanwhile, the shift in demand for Chinese exports is driving up prices for container shipping, squeezing margins for China’s small, private exporters.
Amid the Russia-Ukraine war, Russia has opened the key port of Vladivostok to China, which will enhance the transportation of domestic goods in China’s northeast region. Many see this as an act of goodwill, while some believe that Russia could be turning into a vassal of China. Lianhe Zaobao correspondent Wong Siew Fong takes us through what the port opening means for China.
By 2024, the performance of Chinese autonomous smart cars will match that of Tesla at the end of 2022 and early 2023, say Chinese industry experts. But while the commercial prospects for autonomous vehicles are promising, the road leading to them is bumpy as automakers are still in search of effective, affordable technology solutions.