VW Vows to Stay Ahead as China EV Revolution Gathers Pace

6 hours ago
Sean O'Meara

Volkswagen executive Stefan Mecha said the firm is committed to investing $16.26 billion in the world’s biggest auto market by…

China Developer Sunac Posts $2 Billion 2022 Core Loss

The real estate firm was among many Chinese developers that defaulted last year as the sector reeled under a debt…

7 hours ago

China’s Huawei Claims ‘Crisis is Over’ After Revenue Rise

The firm said it was now "out of crisis mode” following years of painful US curbs and sanctions that blitzed…

8 hours ago

China to Check US Chip-Maker Micron Products in Security Review

The Cyberspace Administration of China said the move was aimed at protecting supply chains and national security

1 day ago

Elon Musk Seen Hoping to Meet China PM on Next Visit

Musk met Li Qiang in 2019 when he was party secretary in Shanghai. Sources say Tesla is grappling with issues…

1 day ago

Russia Wants All India Trade in Rupee-Ruble – Firstpost

Increasing oil deals between the two countries have already begun to corrode the US dollar’s long-running dominance in energy trade

1 day ago

Japan Joins US Chip War Against China With Export Restrictions

Japan wants to stop its advanced technology being used for military purposes and does not have a specific country in…

1 day ago

China Damns Yellen’s Debt Trap Criticism as ‘Unreasonable’

A Foreign Ministry spokesperson said Yellen's remark about leaving countries "trapped in debt" were "irresponsible" and "unreasonable", but experts say…

1 day ago

Asia Stocks Buoyed by Fading Banking Fears, China Services

The region’s investors saw out the quarter in an upbeat mood with an air of calm returning after last week’s…

1 day ago

Britain Becomes 12th State in Trans-Pacific Trade Pact

The move to join the CPTPP will deepen Britain's ties with Japan and several of the rising economies in Southeast…

1 day ago

Factory Growth Slows in China, Clouding Recovery Prospects

China's post-Covid recovery is being weighed down by weak exports and the real estate quagmire, but the services sector is…

1 day ago

China Luxury EV Brand HiPhi Gearing Up For Euro Push

The high-end Human Horizons-owned marque will follow other Chinese EV makers into Europe, including Xpeng, BYD, Great Wall Motors and…

2 days ago