China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.
China's EV price war intensifies as BYD cuts prices on 22 models, causing sharp declines in the stock of major competitors like Tesla's rivals. Investors are anxious as the competition heats up in the world's largest auto market.
