China's top leaders could move this month to try to reduce the country's wasteful excess production in key sectors, but the hard decisions may have to be made by local officials

Xi’s comments have strengthened expectations that CCP officials will take steps to curb overcapacity in top industries

China's crackdown on the smuggling and trans-shipment of critical minerals hit exports of antimony and germanium in June even as rare earth magnet shipments jumped sharply thanks to a deal with Washington

The think tank, NITI Aayog, has proposed that Chinese companies be allowed to take a stake of up to 24% in an Indian company without any approval being required, sources say

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

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

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

Sales of trucks that run on new energy are reported to have soared by 175% in the first half of this year

BYD is the first carmaker to assume full responsibility for an autonomous driving feature in China and the world

China's cabinet boosts social insurance and support for young people as economy weakens. Prices in June fell by the most in two years amid weak consumption.

Tokyo and Seoul said on Tuesday they will try to negotiate with the US to soften the impact of higher tariffs, but many other Asian nations face greater challenges

LONG READ: After copying foreign cars, China’s carmakers scrutinized their engineering and devised faster paths to product launches. Now their production leads the world.