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In the News: BYD US Probe; EU Companies Worry About China Growth; and China Establishes New Global Mediation Organization
Chinese EV giant BYD investigated in U.S. for alleged ties to Chinese Communist Party; European companies more pessimistic about doing business in China amid economic slowdown; and the world’s first intergovernmental legal organization for mediation established in Hong Kong
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BYD Seagull. Credit: Vitaliy Sova/Adobe Stock
BYD Probed For Alleged Communist Party Ties
A U.S. Congressional Committee has launched an investigation into Chinese electric vehicle giant BYD over alleged links to the Chinese Communist Party, Cryptopolitan reports.