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China’s EV Maker BYD Gets Bad News From DC And Punches Back

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China’s EV Maker BYD Gets Bad News From DC And Punches Back

The question of whether U.S. business ties with China are sustainable given distrust over Chinese investment in America is playing out with BYD Motors, the Warren Buffet-backed, Chinese electric vehicle maker located in Southern California.

A defense policy bill is heading to the White House that would bar use of federal funds to purchase buses and rail cars from Chinese companies over concerns about security issues and spying. The restriction would go into effect in two years. […]

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