China's decision to suspend exports of critical minerals and magnets has upended supply chains to carmakers, aerospace manufacturers, chip firms and military contractors

Auto dealers want carmakers to stop overloading them with new vehicles amid a sharp price war, saying it is killing some outlets.

US tariffs blamed after private survey finds manufacturing in China contracted in May for the first time in eight months - to the lowest level since September 2022.

Growing global and domestic sales have allowed BYD to continue selling EVs at steep discounts, heightening the threat of an industry shakeout

Officials have ordered top carmakers to a meeting in Beijing after an industry chief blew the whistle on "secondhand cars with zero mileage" in the Chinese market

Japanese policymakers and ruling party lawmakers have said that they see no merit in striking a deal with the US unless the auto tariffs are lifted

CATL, which produces 38% of the world's EV batteries, sees year's biggest listing, despite being put on a US blacklist four months ago. Proceeds could top $5 billion if greenshoe option is exercised.

Analysts say countries in Southeast Asia like Vietnam, Thailand and Malaysia, plus Mexico, who are part of the China-plus-one supply chain, will need to make better deals with Washington. 

If the battery-maker's listing goes through as it plans, it would be the largest globally so far for the year

Industry sources expect Beijing to ease process for US firms to get export licences for rare earths, while Australia is looking to set up a strategic reserve stockpile of critical minerals

Second quarter steel shipments are expected to plunge by about 20-30% after the US imposed a 25% tariff in March and other countries involved in trans-shipment followed suit

China's most successful carmaker is eyeing major growth from plants it is building in Europe and South America, and hopes to have half its sales overseas by 2030