restofworld.org

China’s EV market has slowed down, leading to a price war that is killing brands and infuriating consumers ( restofworld.org )

After years of rapid growth spurred by government support, the world’s biggest EV market is facing a slowdown as consumers cut spending in an uncertain post-pandemic economy. As carmakers slash prices further to sustain their sales, some car owners are seeing the value of their vehicles plummet months or even weeks after their...

Want to stop livestreaming? That’ll be $42,000 - Chinese livestream agencies promise influencers fame and money, but end up trapping them in multi-year contracts ( restofworld.org )

China’s multibillion-dollar livestreaming industry is driven, in part, by about 24,000 talent agencies, which provide training and equipment to livestreamers to help them gain followers and income. These agencies take commissions from the earnings of individual influencers, as they sing, dance, sell products, flirt with the...

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