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BUSINESS

EVs unstoppable in China

Published on 22/04/2023

» SHANGHAI: This year’s Shanghai Auto Show signalled the end of the petrol engine era in China, as domestic electric vehicle brands drive change across the indistry and leave foreign companies in the dust, analysts and industry insiders say.

OPINION

Pheu Thai may need a risky alliance

Oped, Chairith Yonpiam, Published on 22/04/2023

» With the election approaching, Pheu Thai has experienced a setback. Despite its massive populist scheme -- a pledge of 10,000-baht digital wallets -- a number of pre-election opinion poll results show stagnating, if not declining, support for the party while its friend-turned-foe Move Forward Party is doing better by the day.

OPINION

Brazil's Lula throws Brics at the US dollar

Oped, John J Metzler, Published on 22/04/2023

» The writing was on the wall. But when Brazil's left-wing president Luiz Inacio "Lula" da Silva visited China recently, he flamboyantly underscored economic and security ties between Latin America's largest democracy and the world's largest dictatorship. Significantly he took steps to decouple much of Brazil's vibrant commerce from using the US dollar and shifting the trade instead to the Chinese currency, the yuan.