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BEIJING, April 26 (Reuters) - An American YouTuber is giving foreign visitors a first-hand look at the Chinese high-tech cars many U.S. consumers can only see ​online.
At the Beijing Auto Show, which opened on Friday, 34-year-old Ethan Robertson shepherded more than a dozen people from Australia, ‌New Zealand, the United Arab Emirates and elsewhere through sprawling halls packed with electric SUVs, pickup trucks and futuristic concept cars — offering an up-close look at the vehicles making China's auto industry increasingly hard to ignore
The North Carolina native is the co-founder of Wheelsboy, a YouTube channel specialising in Chinese cars for English-speaking audiences. For ​many on his tour, the appeal of the vehicles was obvious: low prices, advanced technology and plenty of variety.
At one booth, ​he showed off a luxury electric SUV from Stellantis (STLAM.MI), opens new tab-backed Leapmotor (9863.HK), opens new tab, which sports wide screens and a fridge in ⁠the back seat.
You're looking at a car that's maybe $30,000 and that car is fully equipped," he said. "Whereas $30,000 barely gets you into any electric vehicle ​or hybrid" in the United States.
That price difference is a big reason why his largely American audience reacts ​with a mix of fascination and frustration
Our comment section is full of people saying things like, 'I can't believe the government won't allow them to sell this car in my country,'" Robertson told Reuters.
One participant on the tour, New Zealand retiree John Cordell, was drawn to a shiny yellow Deepal S07 midsize crossover.
First of all, I ​was attracted to the color," the 77-year-old former heating and ventilation engineer, said. But it was more than the paintwork that won him over. ​He praised the interior, the heads-up display, the screens and the surround-view camera system.

His brother-in-law and his son accompanied him on the two-day, $399 per person tour.
Cordell ‌already owns ⁠a Chinese EV back home — a BYD Atto 3 — and said technology was a major selling point. "Everything is very well engineered," he said.
Andrew Pertsoulis, a 62-year-old retired performance coach from Sydney, said what stood out most was how futuristic the cars felt inside. "It's what separates them," he said. The large screens and tech-rich interiors made him feel like he had "stepped into a new generation of vehicle".
Robertson, who lives in ​China, said the perception of Chinese ​cars among U.S. viewers has ⁠changed in the six years he has been covering the industry. While the cars were seen as low-quality copycats early on, that's given way to recognition that many brands are now pushing the industry forward in ​areas such as battery performance, software and charging speeds.
Robertson, who started studying Chinese as an undergraduate, said ​he still sometimes gets ⁠accused of working for Chinese companies or the government because of positive coverage on his channel, which has 210,000 subscribers. He doesn't work for either, he said.
Lei Xing is the American co-host of the China EVs & More podcast. Even for him, ⁠China's industry - with ​more than 100 automakers - is huge and complex. "I get lost," Lei said.
More Americans are starting to follow the industry more closely.
While Lei doesn't ​expect Chinese brands to enter the U.S. market quickly, due to hostile politics, he expects the cars will eventually reach American shores.
It's a matter of time," Lei said. "I know in ​my life I'm going to be able to buy a Chinese EV."
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Iran's foreign minister visits Islamabad, fueling speculation on renewed peace talks
Peru faces electoral uncertainty as probe targets ex-chief electoral official
Brazil's central bank expected to cut rates next week
LatAm assets broadly headed for weekly losses
April 24 (Reuters) - Currencies and stocks of Latin American economies ​dipped on Friday with investors awaiting updates on Middle East talks, while also monitoring electoral developments in Peru
Global markets have been fraught ‌with volatility this week as initial hope that a peace deal could be reached between Iran and the U.S. did not materialize, even as the ceasefire between all adversaries was extended.
Iranian Foreign Minister Abbas Araqchi arrived in Islamabad on Friday, the venue for past peace talks with the United States, although there were no clear signs that he would meet with ​U.S. negotiators there.
Crude prices, a key driver for markets, wavered and were last at $105 a barrel as shipments through the strategic Strait of Hormuz ​remained thin.
In Latin America, Brazil's real led gains with a 0.4% rise, while Chile's peso firmed 0.2% and the pesos ⁠of Colombia and Mexico were steady.
MSCI's broader LatAm currencies index (.MILA00000CUS), opens new tab was on track for weekly declines - its first since the first week of March - as ​investors flocked to the safe-haven dollar.
A corresponding gauge for equities (.MILA00000PUS), opens new tab was down 0.6% at over two-week lows and set for weekly losses
Peru's former chief ​electoral official, who resigned this week amid mounting criticism over delays in counting votes from the April 12 general election, is now under investigation as part of a broader probe into alleged electoral irregularities, with police raiding his home to collect evidence.
The sol weakened 0.5% and was on track for its second straight week in the red, as investors weighed what ​the investigation could mean for the election results now expected in May.
Conservative candidate Keiko Fujimori currently leads, with left‑wing lawmaker Roberto Sanchez and former Lima ​mayor Rafael Lopez Aliaga in a tight race for second place. A run-off is anticipated in June.
MSCI's index tracking Peruvian equities (.MIPE00000PUS), opens new tab was little changed on Friday and was set ‌for its ⁠second straight week of losses, while international bonds maturing next year were on track for their third straight week of declines.
We expect the U.S. to continue strengthening its ties in Latin America to bolster its geopolitical influence," said Gillian Edgeworth, fixed-income portfolio manager at Wellington Management, while also adding that some countries in the region could benefit from higher commodity prices due to the Middle East conflict.
Meanwhile, data showed that Mexico's economic activity expanded slightly in February but missed expectations, extending ​its rough patch since the start ​of the year.
Uncertainty prevails over the ⁠central bank's next policy move alongside the outcome of United States-Mexico-Canada Agreement negotiations expected to start next month.
There is progress in the review, but the process is unlikely to be smooth. Recent headlines suggest Mexico will continue facing unilateral tariffs ​in the auto, steel, and aluminum industries despite reaching a deal," Citigroup economists said in a note
The country's equities ​index (.MXX), opens new tab gained 0.9% on ⁠Friday, while benchmarks in Chile (.SPIPSA), opens new tab and Argentina (.MERV), opens new tab were up 1.6% and 0.3%, respectively
Meanwhile, Brazil's finance minister told Reuters that the country's planned critical mineral rules do not involve fresh tax breaks. He added that critical minerals would be a priority in a May or June auction for the Eco Invest program, which offers blended finance to ⁠lure foreign ​investment.
A key event next week will be an interest rate decision in Brazil, with economists projecting a cut ​by a quarter of a percentage point. The Bovespa index (.BVSP), opens new tab slipped 0.5% and is on track for weekly losses
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Australia’s composite PMI bounced to 51, but underlying manufacturing output remains in contraction as fuel costs bite.
The US-Iran ceasefire extension hasn't calmed energy jitters, with Brent crude surging back above $100/barrel.
Despite a choppy pullback, the pair is holding above the 0.7133 support level, keeping the medium-term bullish trajectory alive.
Risk is having a hard time finding its feet today. I’ve been watching the DXY climb back toward 98.78 as the peace premium from the US-Iran ceasefire extension evaporates faster than a puddle in the Outback. While the diplomatic headlines look okay on paper, the physical reality in the Strait of Hormuz is paralyzed. Oil is back in triple digits. Brent at over $100. That’s a massive headwind for global growth. AUD/USD, our favorite proxy for global sentiment, is caught in a tug-of-war between a resilient domestic data set and a broad safe-haven bid for the greenback. We’re seeing a classic rotation into safety.
The headline numbers out of Australia this morning were a welcome surprise. The preliminary composite PMI bounced back to 51, technically returning to the expansion zone after an underwhelming March. But don’t break out the champagne just yet. I think this is a bit of a mirage. If you look under the hood, the manufacturing sector is still struggling with declining new orders and shrinking inventories. Firms are flagging massive pressure from shipping and fuel costs. The RBA is stuck. With the cash rate at 4.10% and energy prices fueling a secondary wave of inflation, they simply can’t afford to blink.
The technical structure hasn’t broken. Not yet. Looking at the 0.001-brick Renko, we’re seeing some chop after the pair hit a recent peak of 0.7221. Price is currently compressing just above the green trend support band. I noticed the Supertrend level at 0.71337 is acting as a rigid line of defense for the bulls. Momentum is soft, the RSI is sitting below 50. But it’s reset, not washed out. As long as we hold above that 0.7133 floor and stay well clear of the 500-SMA, the path of least resistance remains higher. This is a bull trend catching its breath.
Medium-Term Path: I expect AUD/USD to continue digesting its recent gains within a 0.7060 to 0.7210 range. The market has finally stopped trading on ceasefire hopes and is starting to price in a permanent energy shock. We’re watching for a clean break above 0.71875 to target a re-test of the 0.7221 highs. If 0.7133 fails on a daily close, expect a deeper flush toward the 500 SMA. Keep your eyes on the US jobless claims later today. The dollar’s dominance is the only thing standing in the way of an Aussie sprint.
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