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Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD, while a larger economic slowdown shadows China
The chairman of Zhejiang Huayou Cobalt said over-investment in the industry had led to "severe overcapacity" and caused "significant declines" in industry utilisation
The advisory comes after India's top tech minister lambasted Google's Gemini AI tool for a response that said Indian Prime Minister Narendra Modi has been accused of implementing "fascist" policies
The plan comes at a time when Elon Musk-led SpaceX expects to use funds from its planned $25 billion blockbuster IPO this year to develop orbital AI data centres...
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China Reviewing Meta’s Purchase of AI Startup Manus: Report07 Jan 2026
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...
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Korea, China Shares Post Highest Gains in Years Amid AI Frenzy31 Dec 2025
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...
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China Emissions Fall In First Half But Global Climate Alarm Persists25 Aug 2025
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...
Chinese companies making electric vehicles must commit to sell their cars at agreed minimum prices, if they want to avoid tariffs in Europe...
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BYD Struggles at Home But Record Foreign Sales Help it Beat Tesla02 Jan 2026
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...
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BYD Plants Seen Generating Big Sales in Europe, South America08 May 2025
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...
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China Follows US Playbook in Rare Earth Crackdown; Tesla Hit23 Apr 2025
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war...
The success of Seedance — hailed as another ‘breakthrough’ by Chinese media — is in line with Beijing’s lofty ambitions to position itself as a global leader in artificial intelligence...
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India’s New 3-Hour Content Takedown Demand ‘Impossible’: Experts11 Feb 2026
The Narendra Modi government has issued thousands of takedown orders in recent years with Meta alone restricting more than 28,000 pieces of content in India in the first six months of 2025...
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Researchers Say AI Doesn’t Make Work Easier, Just Intensifies It11 Feb 2026
A new report, published in the US, has created debate on whether signs of burnout are coming from people who embrace AI....
Australia could be the next nation to finalise a free-trade agreement with Europe, if a deal can be reached on farm exports in the near future...
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Chinese Solar Panel Makers Get a Rise After Musk Team Visits04 Feb 2026
Shares of Chinese solar panel makers jump after Musk sent a team to visit companies making equipment, silicon wafers, battery modules and perovskite tech...
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India ‘to Cut Tariffs’ on EU Cars in ‘Mother of All Trade Deals’26 Jan 2026
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...
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