Rubio to meet China's foreign minister in Malaysia
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SHANGHAI (Reuters) -Chinese automaker Chery on Saturday denied assertions that it had improperly claimed government subsidies for environmentally friendly vehicles. An audit by the Ministry of Industry and Information Technology disqualified declarations by Chery and BYD for a combined $53 million in government subsidies for thousands of vehicles sold in the five years to 2020,
Chinese research ships are studying the seas for science and resources, but the data they gather could also be useful in a conflict with Taiwan or the United States.
China’s biggest automaker often pays suppliers with an electronic IOU. Some suppliers wait months before the notes can be cashed in.
Australia's leader Anthony Albanese will visit China and meet with President Xi Jinping this weekend as he seeks to strengthen ties with Canberra's largest trading partner. Regional security and trade will take centre stage during the prime minister's six-day trip spanning three cities - Beijing, Shanghai and Chengdu.
U.S. Secretary of State Marco Rubio says there are “areas of potential cooperation” between Washington and Beijing.
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Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and the quick rollout of chargers, further curbing diesel usage and denting oil demand from the world's biggest crude importer.
Bilateral relations between India and China have improved since the 2020 clash - but larger challenges remain.
China now allows citizens from 74 countries to enter visa-free for up to 30 days. This policy aims to boost tourism, the economy, and China's global influence.
Taiwan, a self-ruled island democracy, is the primary point of clash between the two powers. The U.S. has vowed to deter Chinese aggression in the Indo-Pacific—Washington's "priority theater"—while Beijing has declared it will seize Taiwan by force if necessary.
The White House hosted an “African leaders” summit of sorts this week. But only five countries from the continent of more than 50 nations were welcome to join.
China's Chery (CHERY.UL) denied that it improperly claimed government subsidies for eco-friendly vehicles, according to a statement the automaker posted on Saturday.
From coffee to cars to real estate, there's a recurring pattern in China — companies rush into an industry, then resort to discounts to stay afloat.