The deal is win for Xpeng, one of the smaller players in China's EV sector, that is less than a decade old

Obscure firms have shipped large cargoes of Russian oil this year, with crude often changing hands at sea and carried in old Liberian-flagged vessels, en-route to China and India

The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and headwinds in its efforts to expand globally

Passed by an overwhelming majority in the senate, the bill will need the backing of the US House of Representatives and President Joe Biden before it can become law

The world's largest contract chipmaker said last week it was unable to fulfil customer demand driven by the surge in AI services

Chinese manufacturers are selling vast quantities of "non-lethal, but militarily useful equipment to Russia", such as drones, body armour and helmets, customs data shows

Senior leaders' vow to bolster support for China's ailing economy lifted the yuan and stocks on local markets on Tuesday

"Security concerns with respect to Chinese investments in India" led officials to decline the EV-maker's proposal, a report by the Economic Times said

Officials in Tokyo fear retaliation from China over its move to restrict sales of advanced microchips, so coordination of moves is still being discussed with Washington

Sanctions imposed recently by the EU and the US Treasury aim to cut the Myanmar military's capacity to access foreign cash and limit its ability to wage war on its citizens

Cambodian PM Hun Sen, who has held power for 38 years, is expected to hand power to his eldest son Hun Manet at some point in coming months

Move by one of China's biggest developers to refinance part of a 2019 loan sent its shares down over 5% and left its bonds near record lows, as it faces more repayments this year