Chinese companies making electric vehicles must commit to sell their cars at agreed minimum prices, if they want to avoid tariffs in Europe
China's finance ministry said the VAT export rebates for battery products would be cut to 6% from 9% from April, then rolled back entirely from January 1, 2027.
MiniMax is the second of China's so-called 'AI tigers' to go public, the first being Zhipu AI which made its market debut on Thursday, and also saw solid gains on Friday
Beijing could use the review to influence the transaction, including, in an extreme case, trying to force the parties to abandon the deal, according to a report by the Financial Times...
Korean shares fared the best in Asia, posting their biggest yearly gains in more than two decades thanks to the country's dominant role supplying chips for AI and data centres...
The world’s biggest carbon emitter, China, has seen its emissions fall by 1% in the first half of this year, but the news is not as great elsewhere...
Exports to the European Union grew an annual 14.8% last month, while shipments to Australia surged 35.8%...
BYD’s sales abroad rose to a record 1.05 million units in 2025, a 150% jump from 2024, but its sales at home grew at its weakest pace in five years...
China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030...
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war...
The German car giant plans to release about 30 EVs in China over the next five years, and hopes to sell them around the world as well...
Behind the increasing scepticism of the app’s American users have been a range of issues that started almost as soon as TikTok's Chinese owner, ByteDance, sealed a deal for its US spin-off...
Lee's security adviser said the countries discussed nuclear-powered submarines on the "premise" the vessels would be built in South Korea...
Canada will allow up to 49,000 vehicles to be imported annually from China with a tariff of 6.1%. PM Mark Carney said the quota could rise to 70,000 vehicles within 5 years...
European carmakers currently hold a less than 4% share of India's 4.4-million units a year car market, which is dominated by Japan's Suzuki and homegrown brands...
Takaichi plans to dissolve parliament on Friday ahead of the snap vote on February 8 for all 465 seats in the lower house of parliament...
Underutilisation of renewables is spurring China to switch its focus from rapidly building renewable plants to making sure more of their power gets into the grid...