China’s auto stocks rise unfazed by U.S. proposal to ban Chinese car parts

The article discusses the rise in shares of Chinese automakers despite a U.S. government proposal to ban certain vehicles equipped with car parts from China and Russia. Three highlights of the article are: 1. Shares of companies like Li Auto, Nio, BYD, Geely, and Leapmotor surged following the announcement, showing investors’ confidence in the Chinese […]