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
Trump says Venezuela posed a greater threat, than Taiwan does to China. Meanwhile, Beijing accuses the US of spreading the 'law of the jungle' as it exits global bodies
The strict payment requirements underscore the delicate balancing act Nvidia faces as it attempts to capitalise on surging Chinese demand while navigating regulatory uncertainty with both Beijing and Washington
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
Cambodian officials say the 'scam centre billionaire' - hit by US sanctions and the seizure of a $15 billion worth of bitcoin in October - has been deported to China after being found on Tuesday
A three-month curb on Chinese exports of rare earths, like that seen during 2010, could cost Japanese businesses 660 billion yen ($4.21 billion)
As lenders grapple with rising consumer loan and credit card defaults, regulators extend a programme allowing banks to sell bad personal loans to debt recovery firms.
New study says microplastics interfere with the oceans’ ability to absorb carbon dioxide, by weakening their 'biological carbon pump', and releasing greenhouse gases as they degrade
Head of world's top company explains next generation of chips, due later this year; says they will have five times the computing power and help chatbots to give snappier responses
Analysts expect Beijing to leverage Trump's move to detain Maduro, to defend its territorial claims on Taiwan, Tibet and in the East and South China Seas