SAIC Maxus Unveils New D60 SUVs

Chinese carmaker SAIC Maxus unveiled its latest version of D60 SUVs in Shanghai on August 27. The model, built based on big data of around 1.5 million owners, is available in five variants, with prices ranging from 99,800 Yuan to 149,800 Yuan. The carmaker also showcased its latest efforts in electrification at the event, with the electric SUV Euniq 6 and the plug-in hybrid version to hit the market later. The brand Maxus originates from the LDV Maxus of British commercial vehicle manufacturer LDV Group. SAIC acquired LDV’s intellectual property in 2009 and established the SAIC Maxus subsidiary in 2011. Maxus models are now available in 48 countries and regions, and overseas sales have exceeded 50,000.

Experts Say New US Tariffs will Backfire

New tariffs by the US on Chinese products will certainly backfire and hurt the US economy, but they will not tarnish China’s resilience or dampen development in the long run, experts said on September 1. The comments came on the day the US administration imposed 15 percent additional tariffs on about half of another USD 300 billion of Chinese imports, marking the latest escalation in the ongoing trade dispute. Tu Xinquan, director of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, said the US government’s accusations against China, such as forced technology transfers and intellectual property infringement, are groundless. China, as an advocate of globalization, has the capability to ensure its own steady economic development, Tu said.

Internet Court Sees Surge in Disputes Involving Intellectual Property

Beijing saw a surge of internet-related disputes over the past year, especially those involving online intellectual property rights, according to a court report released on September 3. The Beijing Internet Court, situated in the Fengtai district in the southwestern area of the capital, has handled 34,263 cases since its establishment on September 9, 2018. Online IP-related disputes, such as those involving online copyright issues, made up about 80 percent of the cases, according to the court report.