The August 2025 edition of International Business Magazine discusses the rise of China as the new global powerhouse in electric vehicles (EVs). Chinese automakers are leveraging their vast domestic market to build strong global export businesses. Companies like BYD, NIO, and Xpeng are introducing a wave of affordable, feature-rich electric vehicles that pose a challenge to their international competitors. This edition also covers the British government's sale of its remaining shares in NatWest and highlights the concerning trend of GPS jamming, which poses a growing threat to aviation safety. Additionally, the cover story features the Lao Development Bank (LDB), which has established itself as one of the most promising commercial banks in Asia. Founded in 2003, the LDB plays a significant role in implementing Laos' economic policies and supporting national development.
