58 h. ago Chinese government documents reveal new vehicle that could take international markets by storm — here's what we know

Chinese government documents reveal new vehicle that could take international markets by storm — here's what we know  Yahoo! Autos

Politics

4 d. ago Buyer linked to Agile’s lender picks up Hong Kong sites at 63% discount

Two prime residential sites on Hong Kong Island, once owned by Agile Group Holdings, have been sold to executives linked to the private lender that helped fund the purchase by the distressed Chinese developer in 2022, government records showed. The adjacent sites – located at 992-998 King’s Road and 2-16 Mount Parker Road in Quarry Bay – were sold for HK$1.2 billion (US$152.9 million) via an offer to purchase and notice of acceptance earlier this month, according to the Land Registry. The...

Politics

4 d. ago UK car exports to US halve due to tariffs; White House ‘close to 10 trade deals’ – business live

UK car exports to US halve due to tariffs; White House ‘close to 10 trade deals’ – business live  The Guardian

Economics

5 d. ago China has begun issuing rare earth export licences to European firms: EU sources

China has started issuing export licences for rare earth elements and magnets to European companies, EU sources confirmed, although the bloc continues to push for a structural solution to a situation that has jumped to the top of the bilateral agenda. European governments and companies have for weeks been lobbying Chinese authorities to ease export restrictions, which were introduced in response to US President Donald Trump’s “reciprocal tariffs” in April. Earlier on Thursday, China’s commerce...

Politics

6 d. ago US lawmakers introduce bill to bar Chinese AI in US government agencies

US lawmakers introduce bill to bar Chinese AI in US government agencies  Reuters

Politics

6 d. ago Xiaomi speeds up YU7 launch, Tesla’s Robotaxi vs Baidu’s Apollo Go: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China’s BYD expands car-carrier fleet to bolster EV exports amid furious domestic competition BYD, the world’s largest electric vehicle (EV) maker, has taken delivery of two new car-carrying ships – the largest yet in a growing fleet – as it bets on export growth to counter brutal...

Politics

7 d. ago Exclusive: China auto industry inflates sales by exporting new cars as 'used'

Exclusive: China auto industry inflates sales by exporting new cars as 'used'  Reuters

Politics

7 d. ago Chinese government to invest $140 billion in robotics and high

Chinese government to invest $140 billion in robotics and high-tech industries  Robotics & Automation News

Economics

7 d. ago Exclusive: Local Chinese governments promote 'zero mileage' used car exports, inflating sales, growth figures

Exclusive: Local Chinese governments promote 'zero mileage' used car exports, inflating sales, growth figures  Reuters

Politics

9 d. ago Chinese Vision vs. US Lack of Vision in Auto Industry, & Excessive Government Support

Chinese Vision vs. US Lack of Vision in Auto Industry, & Excessive Government Support  CleanTechnica

Politics

9 d. ago Texas governor signs bill banning Chinese citizens from buying property in state

A bill to restrict property ownership in Texas by Chinese citizens became law, more than two years after it was first introduced, setting up what could be a prolonged legal and political battle as critics plan to file a suit challenging its constitutionality. Governor Greg Abbott, a Republican, announced on Saturday that he had signed the bill, which also targets nationals from Iran, North Korea and Russia, into law. Abbott expressed support for the bill in February, writing on social media that...

Economics

2 w. ago China’s economy weathers US tariff storm in May as consumption picks up

China’s economic data sent mixed signals in May, with US tariffs continuing to weigh on the country’s manufacturing and exports but domestic consumption picking up slightly in the run-up to a major online shopping festival. Retail sales, a gauge of consumption, rose by 6.4 per cent in May, compared with the 5.1 per cent growth observed in April, data from the National Bureau of Statistics showed on Monday. The figures exceeded a forecast of 4.85 per cent growth by financial data provider...

Economics

2 w. ago China calls on Niger to tackle disputes with energy firms through dialogue

Foreign Minister Wang Yi has urged Niger’s junta government to resolve disputes with Chinese energy companies operating in the West African nation through dialogue. Wang made the remarks during talks with his Nigerien counterpart Bakary Yaou Sangaré in the central Chinese city of Changsha on Wednesday. “The two sides should properly handle the differences and problems encountered in cooperation through dialogue,” Wang said, according to a Chinese foreign ministry readout of the meeting, which...

Politics

2 w. ago US venture capital firm to unload stakes in 40 Chinese tech start

Shares of a few dozen China-based start-ups may be up for grabs as their investor, US venture-capital firm Eight Roads, plans to exit its Chinese technology holdings. The move, reported by Bloomberg on Tuesday, comes as geopolitical tensions and a sluggish Chinese economy prompt some global investors to retreat. Domestic and government-backed funds and financing products would increasingly drive start-up funding in the world’s second-largest economy, analysts said. Fidelity Ventures-backed Eight...

Politics

2 w. ago Hong Kong shouldn’t let lack of space hold up Guangdong driver scheme: minister

Hong Kong should not be held back by a lack of land or parking spaces in pushing ahead with a plan to let Guangdong province residents drive to the city, the transport minister has said, as she reiterated that the scheme would be rolled out with strict controls. Secretary for Transport and Logistics Mable Chan told lawmakers on Wednesday that the government was working with mainland Chinese authorities to implement the scheme and had ruled out the need to establish separate restricted zones or...

Politics

3 w. ago China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough

China’s carmakers are resorting to tricks to inflate their vehicle sales and Beijing has had enough  Fortune

Politics

3 w. ago US vows reprieve on some tech export restrictions as talks with China begin in London

Top economic officials from Washington and Beijing have launched a high-stakes round of trade talks in London, with a senior White House official signaling soon after the start that the US will ease some tech export restrictions on China, adding that he expected the Chinese government to ramp up rare earth mineral exports to American markets. The Chinese and American delegations – led by China’s vice-premier, He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard...

Politics

3 w. ago US hints at reprieve on some tech export restrictions as talks with China begin

Top economic officials from Washington and Beijing launched a high-stakes round of trade talks in London, with a senior White House official signalling soon after the start that the US would ease some tech export restrictions on China, adding that he expected the Chinese government to ramp up rare earth mineral exports to American markets. The Chinese and American delegations – led by Chinese Vice-Premier He Lifeng, alongside US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick...

Politics

3 w. ago China trade data for May misses expectations as export growth slows, imports dip

China’s export growth slowed last month amid lingering uncertainty over US tariffs, pointing to continued strain in the country’s manufacturing and trade sectors – and the slight uptick could also reflect front-loading by exporters anticipating future disruptions. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth and fell short of the estimate of a 6.28 per cent increase in a market...

Politics

3 w. ago US tariffs hit China’s exports in May, but June seen as ‘a better month’

China’s export growth slowed last month, weighed down by fewer US orders being made before the two countries came to a 90-day tariff truce. And while June’s prospects look poised to improve, China’s manufacturing and trade sectors remain under strain, according to economists, who also point to lingering uncertainties over American tariffs. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth...

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