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U.S. Treasury Secretary Bessant: The permanent retention of the tax provisions in the Republican bill will provide certainty. The goal is to achieve a fiscal deficit of about 3% by 2028.

2025-05-23

U.S. Treasury Secretary Bessant: The permanent retention of the tax provisions in the Republican bill will provide certainty. The goal is to achieve a fiscal deficit of about 3% by 2028.

Other News
2025-05-23

1. Xiaomi's first SUV debuts, competing with Model Y, accelerating from 0 to 100 km/h in 3.23 seconds, with a top speed of 253 km/h, and will be officially launched in July. 2. Foreign media said Xiaomi YU7 may give Musk a headache. 3. BYD's European

1. Xiaomi's first SUV debuts, competing with Model Y, accelerating from 0 to 100 km/h in 3.23 seconds, with a top speed of 253 km/h, and will be officially launched in July. 2. Foreign media said Xiaomi YU7 may give Musk a headache. 3. BYD's European pure electric car sales in April beat Tesla for the first time. 4. Musk: Tesla is willing to license its intelligent assisted driving system to other car companies. 5. The US Senate voted to end the California ban on the sale of fuel vehicles and sent the bill to US President Trump for signature. 6. Gaohe Automobile is resurrected: With an investment of US$100 million, a Lebanese businessman became the boss of Gaohe Automobile. 7. New standards for all-solid-state batteries are introduced to solve problems such as vague industry definitions and lack of testing methods. 8. China Passenger Car Association: It is predicted that the retail sales of narrow passenger cars in May will be 1.85 million, and new energy vehicles will be 980,000. 9. GAC Group: The flying car multi-rotor GOVY AirCar has started airworthiness certification. 10. GAC Group: Plans to realize mass production of self-developed parts for intelligent robots in 2025. 11. Zhang Liang of Carrot Run: Determined to achieve "large-scale landing" globally. 12. BAIC Group's rumor-refuting center is officially launched. 13. FF officially took over the factory and operation center in Ras Al Khaimah, UAE. 14. Cainiao is about to launch a number of unmanned vehicle models to enhance AI autonomous driving and human-computer interaction functions. 15. Changan Automobile: 35 new digital vehicles will be launched in the next three years, and solid-state battery installation verification will be achieved in 2026.
2025-05-23

South Korea's KOSPI index closed down 1.58 points, or 0.06%, at 2592.09 points on Friday, May 23.

South Korea's KOSPI index closed down 1.58 points, or 0.06%, at 2592.09 points on Friday, May 23.
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