by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles. In China, most people providing online car-hailing services also drive EVs, which is another risk factor insurers are looking at,...
by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Technology
The combined share of EVs and hybrids in China’s auto sales is likely to reach 42 per cent to 45 per cent this year, up from 36 per cent in 2023, according to Fitch Ratings. But the agency said in a December report that the competition could put pressure on...
by AIP Online Bureau | Mar 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation
China will continue to open up high-level areas of industry and finance and create more market opportunities, and will firmly safeguard a multilateral trading system with the WTO at its core, Vice Commerce Minister Guo Tingting said . Beijing: China pledged on Monday...
by AIP Online Bureau | Mar 24, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
The procurement guidance also seeks to sideline Microsoft’s Windows operating system and foreign-made database software in favour of domestic options, the report said. According to the FT report, Chinese officials have begun following the guidelines, which were...
by AIP Online Bureau | Mar 24, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Thanks to a combination of China’s energy insecurity — pushing Beijing back to trusted power sources — plus rising Indian demand, the continued fallout from the war in Ukraine and faltering international programmes to wean developing economies off fossil fuels, coal...
