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US-owned ship attacked off Yemen

FT News Briefing

Challenges and Potential of BYD in Expanding Overseas

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BYD, a Chinese company, faces opposition in expanding overseas due to allegations of unfair trade practices and state support from Beijing. However, this chapter recognizes the potential of BYD in driving innovation and accelerating the electric vehicle industry, questioning the choice Western governments have between blocking China's rise or pursuing ambitious climate change goals.

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