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U.S. Treasury Secretary Bessent reiterated he cannot change bond equilibrium prices.

2026-09-08

U.S. Treasury Secretary Bessent reiterated he cannot change bond equilibrium prices.

Other News
2026-09-08

Nippon Steel will use proceeds to repay subordinated notes issued in 2019.

Nippon Steel will use proceeds to repay subordinated notes issued in 2019.
2026-09-08

1. Several leading manufacturers have raised product prices, accelerating the battery price surge. 2. Two departments: Further regulate the payment terms management of automotive companies' suppliers. 3. Ministry of Industry and Information Technol

1. Several leading manufacturers have raised product prices, accelerating the battery price surge. 2. Two departments: Further regulate the payment terms management of automotive companies' suppliers. 3. Ministry of Industry and Information Technology: Jointly with relevant departments, conduct talks with and urge rectification of automotive companies with large accounts payable, deliberately extended payment terms, or numerous complaints. 4. China Association of Automobile Manufacturers (CAAM): my country imported 43,000 vehicles in July 2026, a year-on-year decrease of 12.8%. 5. The Supreme People's Court clarified the rules for liability for autonomous vehicles and regulated false advertising. 6. Omdia: Chinese panel manufacturers are expected to account for 65% of global automotive display shipments in the second half of 2026. 7. Cui Dongshu of the China Passenger Car Association (CPCA): September's concentrated promotions by various brands are not the beginning of a full-blown "price war." 8. CPCA: August retail sales of passenger cars reached 1.541 million units, a year-on-year decrease of 23.6% but a month-on-month increase of 5.5%. 9. China Passenger Car Association (CPCA): High oil prices continue to accelerate the pace of "oil-to-electric substitution," with new energy vehicle penetration rates continuing to reach new highs. 10. CPCA's Cui Dongshu: From January to August, 31 pure electric vehicle models saw price reductions, a decrease of 33 models compared to the same period last year. 11. Audi China's restructuring plan has been basically finalized, with SAIC Audi retaining only AUDI.
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