New energy vehicles purchased in 2024 and 2025 will be exempted from purchase tax of up to 30,000 yuan per vehicle, and half of that for purchases in 2026 and 2027
The ‘SiliconAuto’ joint venture will design and provide semiconductors for Stellantis’s Fiat and Peugeot brands as well as other automakers
Biden says Blinken did a "hell of a job" in China, after Secretary of State said US does not support independence for Taiwan, and pressed China to remain 'vigilant' of firms giving arms to Russia
Korean crypto promoter was arrested with a colleague in March but faces another month in custody, however where the pair will end up after that is uncertain
Alibaba announces a leadership reshuffle as it moves to split into six units, with Zhang to head its precious cloud unit and co-founder Eddie Wu to become the group's new CEO in September
Shops in Shenzhen's famous electronics market are selling high-end Nvidia chips, but the costs are huge and the numbers appear to be limited
The European Union is set to lay out strategies on 'de-risking' trade with China and other potential military rivals
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade