The Chinese Are Coming… Or Are They?

Chinese automakers have long been expected to make a concerted assault on overseas markets but, so far at least, have failed to do so in any meaningful way. DTW wonders why.

Coming to Europe? Geeley’s Lynk & Co Model 01 (c) Car

The recent (July 2020) decision by the UK government to ban Huawei, the Chinese telecoms giant, from long-term participation in the national rollout of 5G mobile has profound implications for Anglo-Chinese trade relations. In a post-Brexit world, China had been cited as a potentially major trading partner for the newly independent UK, free to make its own bilateral trade deals. Such hopes now look increasingly forlorn.

The government’s decision has undoubtedly been influenced by pressure from the Trump presidency in the escalating trade war between the US and China, but genuine concerns about Huawei’s independence from the Chinese government, President Xi’s increasingly autocratic rule, the Covid-19 pandemic and the suppression of legitimate protest in Hong Kong have all led to a deepening suspicion about China’s political ambitions, benign or otherwise, as a major economic superpower.

The rapidly growing prevalence of the Internet of Things means that a wide range of Internet connected appliances, including automobiles, presents a security risk essentially the same as that feared from Huawei’s telecoms equipment. But while it may sound highly implausible that your Smart TV might Continue reading “The Chinese Are Coming… Or Are They?”

After the Great Leap Forward 2: Qoros Cars News Update

So, I presume you are all wondering how Qoros Automotive is doing? I was so I went and found out.

2015 Qoros screen shot

In March I wrote an article about the Israeli-Chinese firm Qoros. The latest news is that Qoros is running into difficulty, leading to reports of a split between the Israeli investors and the Chinese side of things. The Wall Street Journal reported it another way, saying major shareholder, Israel Corp have reiterated their support for the firm. This is as reassuring as saying out of the blue, “I won’t chop off your arm”, I think.

In a letter released to the Wall Street Journal, Israel Corp said they were “looking forward to Continue reading “After the Great Leap Forward 2: Qoros Cars News Update”