The Latest Breaking News from China

It seems like the competitiveness in the electric vehicle space is finally paying off as battery-powered cars are finally getting cheaper to make. Battery costs are dropping, material costs are down too, and even the average transaction price of new vehicles seems to be stabilizing a bit (although they're still high).

Ukrainian President Volodymyr Zelenskyy recently accused North Korea of plans to send 10,000 soldiers to fight for Russia in Ukraine. South Korean intelligence later gave credence to Zelenskyy’s assertion, as the country’s legislators noted that North Korea has already dispatched 3,000 soldiers to Russia.

The crew were revealed less than a day ahead of launch.

The last two summits of Brics countries have raised questions about the coalition’s identity and purpose. This began to come into focus at the summit hosted by South Africa in 2023, and more acutely at the recent 2024 summit in Kazan, Russia.