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October 202657

China's Oil Tanker Trucks Ran Overweight for Two YearsHOT

A state broadcaster's investigation found tanker trucks in Shaanxi and Guizhou routinely hauling far more crude oil than their plates allow. One fleet of more than sixty vehicles ran overloaded for over two years, and dozens of safety inspection reports appear to be fabricated.

🚗 Autos3 min read#Manufacturing#Cities

Anta Buys 29% of Puma, But Not Control

China's Anta Sports has paid 1.5055 billion euros in cash for a 29.06% stake in Germany's Puma, becoming its largest shareholder without a management board seat. It is a textbook test of non-controlling integration.

📈 Finance3 min read#Stocks#Fashion

China's EV Leaders Admit What Went Wrong

At a September industry forum, Chinese car executives stopped repeating optimistic slogans and admitted real problems: rushed development cycles, oversized batteries, and uneasy reliance on rivals' technology. The candor signals a market shifting from growth-at-any-cost to hard choices.

🚗 Autos2 min read#Electric Vehicles#Manufacturing

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