"China-Australia Trade Talks Heat Up as FDA Approves Zepbound, a Powerful New Weight Loss Drug"

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Source: Quartz
"China-Australia Trade Talks Heat Up as FDA Approves Zepbound, a Powerful New Weight Loss Drug"
Photo: Quartz
TL;DR

China's trade with Australia is on the rise, with Chinese imports from Australia increasing by 8.4% this year. This warming relationship comes as trade tensions between China and the EU escalate over the bloc's investigation into Chinese electric vehicle subsidies. Additionally, Tesla's Supercharger standard is gaining traction, with major automakers like Stellantis yet to commit to using it for their electric vehicles. Meanwhile, Rivian and Amazon have ended their exclusive arrangement, allowing Rivian to promote its battery-powered delivery vans to a wider customer base.

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