Latest News: AF Indexes
Scholz pressed his case for an open and fair European market for Chinese cars but warned against dumping, overproduction and intellectual property infringements
China says excess capacity claim is groundless and should be viewed from a global perspective and that its trade in key green sectors is based on innovation and complete supply lines
Chinese firms have ordered 47 ships, including car carriers, to cut export costs. Meanwhile, idle car factories are being shut amid huge industry changes; only two local carmakers out of about 100 are now said to be profitable
The Nikkei index in Tokyo saw a second straight weekly loss, down 3.4% over the past five sessions, as it pulled back from an all-time high of 41,087.75...
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China Stocks Lead Asia Rally, Nikkei Drops Under Yen Pressure01 Apr 2024
Expectations of an easier US monetary policy also boosted investor sentiment across Asia after inflation data on Friday fuelled rate-cut hopes...
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Xi to Visiting Dutch PM: No One Can Stop China’s Tech Progress27 Mar 2024
The Chinese president also warned his Dutch counterpart against restricting chip ties with Beijing, amid increasing pressure from the United States...
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China’s Xi to Meet US Business Chiefs Amid Chip Tensions26 Mar 2024
Sources say the meeting was deliberately scheduled separately from the China Development Forum held this week, where an event between Premier Li Qiang and visiting foreign CEOs was axed...
Chinese EV sales totalled 1.03 million in the first quarter of the year but it was the slowest quarterly growth since the second quarter of 2023...
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US-China Need ‘Tough’ Conversations, Yellen Tells Li Qiang07 Apr 2024
The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her week-long trip to China...
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Musk Cancels Low-Cost EV Plans Amid Tough China Competition06 Apr 2024
The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $25,000...
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BYD’s EV Victory Over Tesla May Be Short-Lived As Sales Cool02 Apr 2024
The drop in numbers comes despite steep discounts BYD has handed out on its vehicles, signalling that Tesla's global clout will not be easily challenged...
Ma praised the leadership of Eddie Wu and Joe Tsai. He said the split into six units helped streamline decision-making, so Alibaba is more agile and customer-focused...
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Top US Republican Senator Backs Forced Sale of TikTok09 Apr 2024
Republican leader in the Senate backs push for China's Bytedance to divest TikTok, which he said was a threat to American children...
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TSMC Wins Billions in US Aid After Deal on 3rd New Arizona Fab08 Apr 2024
Washington will award TSMC's US unit a $6.6bn subsidy and up to $5bn in low-cost loans, after it agreed to expand its investment to $65bn and add a third chip fab in Arizona...
From China's strategic alliance with Russia to chip equipment giant ASML's plans to move operations abroad — the Mark Rutte government will have a lot to consider as it makes a decision...
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Yellen Warning to China on Oversupply Seen Falling on Deaf Ears04 Apr 2024
US Treasury Secretary is seen as an 'effective' trade emissary, but Beijing is not expected to put the brakes on its 'new productive forces' - EVs, batteries and solar - because of Western angst...
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Saudi Aramco, Gazprom, Coal India Named as Top CO2 Polluters04 Apr 2024
The three state entities were among 57 fossil fuel and cement producers responsible for the bulk of the world's CO2 emissions since 2016, researchers said on Thursday...
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