New Delhi, Jan 17 (IANS) China’s deal with Canada to export up to 49,000 Chinese electric vehicles (EVs) represents more than a bid for market access but a ploy for market domination that could hollow out the North American country’s domestic auto production, a report has warned.The report from Windsor Star said that as Canada’s Prime Minister Mark Carney visited Beijing, “he should know that just like US President Donald Trump, Chinese Counterpart Xi Jinping also doesn’t want Canada to buil…
Latest Robin J Brooks News & Updates
New Delhi, Jan 17 (IANS) The world is financially retrenching from China, with foreign direct investment (FDI) flows falling more precipitously than to the rest of emerging markets (EM), according to Robin J Brooks, Senior Fellow at the US-based nonprofit Brookings Institution.In an article on online publishing platform Substack, he writes that the “narrative that China is impervious to US tariffs is wrong”.“You just have to look at the massive scale of trade diversion that’s happening t…