Ministers have vowed to promote high-quality development of the EV sector and comprehensive measures to cool the industry's "irrational competition"

Indonesia has had to open its market to US products and firms, and pay a hefty price, while its exporters still face a 19% tariff on any goods sent to the US.

China’s internet giants ByteDance and Tencent are among the firms that are in the process of submitting applications for the chips

China's insistence that it must continue building coal power plants at record pace is seen as a key reason why Asia is warming nearly twice as fast as the global average

China's GDP grew 5.2% in the April-June quarter from 2024, thanks mainly to industrial output, which is expected to drop in the second half

The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly

China saw a big trade surplus in June, but analysts predict a second half slump. They say its unlikely the US will cut tariffs to levels that allow producers to turn a profit

Trump ramped up warnings on the weekend, saying he would put a 30% levy on most imports from the EU and Mexico next month, after threats to Japan, South Korea and India

Nvidia founder Jensen Huang says chip curbs may be counterproductive after US senators urge him to avoid military firms on this trip to China this week

Both sides said the meeting was positive and constructive, with Rubio saying they must focus on building the right atmosphere and results that the leaders want to achieve

CEO Elon Musk will open Tesla's first outlet in the world's third largest car market next Tuesday. The EV maker is just opening a showroom initially

E-commerce giants are urging the central bank to authorise yuan-based stablecoins to counter the sway of US dollar-linked cryptocurrencies, but the PBOC fears it will be a huge regulatory challenge