THE CHINA NOW

Tesla’s Shanghai Gigafactory saw deliveries fall in July despite a booming domestic EV market, as cheaper Chinese electric vehicles and shifting consumer habits redefine competition.

With China’s luxury market slowing and consumers pulling back on big-ticket purchases, global fashion houses are opening branded cafés to stay present, relevant, and socially visible.

As outbound student numbers fall, rising costs, tightened visa policies, and shifting priorities are reshaping how Chinese families view foreign education—and revealing a deeper transformation in global academic influence.