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US car brands losing share of shrinking Chinese auto market

Bloomberg American carmakers are losing ground in a shrinking Chinese market, and their problems are mostly tied to a lack of competitiveness rather than the trade war, an industry body said. The market share of US brands fell to 10.7 percent in the first eight months of 2018 from 12.2 percent a year earlier, according to the China Association of ...

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Europe’s space champions need more orders to beat Musk

Bloomberg Europe’s space champions are urging buyers at home to favor their technology over that of foreign rivals, as competition intensifies from the likes of Elon Musk’s Space X. As executives from the space industry meet in Paris this week for the World Satellite Business conference, French satellite operator Arianespace is calling on Europe to translate its space sovereignty ambitions ...

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Trump’s trade war is just fine with China’s Xi Jinping

Anyone who expects China to concede defeat in its trade war with the US should read about Biobase Group. The Chinese manufacturer of laboratory equipment once struggled to win orders even at home in an industry dominated by foreign products. But the company’s prospects have brightened as the trade war prompts customers to turn to domestic alternatives. “The local market ...

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