Latest: Asia Transportation News
China's industrial and retail sectors slowed in April, while air freight capacity between China and the US plunged after the US closed the 'de minimus' tax exemption
Demand for containers to ship Chinese products to the US has shot up dramatically following the trade truce negotiated in Switzerland
The two countries signed an MoU last week on a lunar research station. Russia's space agency says a nuclear reactor to power the station would be built autonomously by 2035 "without the presence of humans"
Delhi has been keen to do a trade deal with the US but filed notice of a trade dispute with the WTO this week, showing it's unhappy with Trump's 25% tariff on steel and aluminium
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
Asian markets rose, while the yuan and the dollar both surged after China and the US both said they have agreed to slash tariffs for 90 days
The Modi government has said its will slash its tariff gap with the US to less than 4% from nearly 13% – in a bid to be exempt from Trump's tariff hikes, sources have revealed
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
In This Section
AF Transportation Insights
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to Work -
Transport InsightsWhy Private Jet Use is Soaring High in India -
Transport InsightsChina EV Upstart Hozon Auto Stuns Rivals With Sales Surge -
Transport InsightsJetpacks, Flying Cars, Drones: Transport’s Future Is in the Skies
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China-US Economic TiesChina, Asian Markets Fall After Trump’s Latest China Curbs
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China-US Economic TiesChina’s Industry, Retail Data, Air Freight to US All Edge Down
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Transportation:: The Big Picture
Mining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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ChinaIn Numbers: The Economic Impact of Shanghai’s Covid LockdownsStrict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
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Transport InsightsWhy are Indian Electric Vehicles Catching Fire?The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
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Transport InsightsHere’s Why Tesla’s Shanghai Restart May Not LastTesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
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Transport InsightsA Little-Known China EV Maker Eclipses Rivals Nio, TeslaHozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.
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