11 h. ago US sanctions China’s Guangzhou Tengyue Chemical for alleged fentanyl trafficking

The United States on Wednesday sanctioned a Chinese chemical company that it alleges is manufacturing and coordinating shipments of illicit opioids, such as fentanyl, and chemical agents into the country. The move comes amid recent stepped-up moves in Washington to target China on the fentanyl issue despite stabilising bilateral ties. A Treasury Department statement said sanctions have been placed on Guangzhou Tengyue Chemical, based in China’s southern Guangdong province, and two of the...

Politics

49 h. ago SCO summit 2025: showcase of how far bloc has come in nearly a quarter century

The Shanghai Cooperation Organisation (SCO) was founded in 2001 as a Eurasian security bloc by China, Russia and the four Central Asian nations of Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. It now has 10 full member states, with the addition of Belarus, India, Iran and Pakistan in the past decade. In all, the bloc now brings together 26 countries across Asia, Europe and Africa, including observer states Mongolia and Afghanistan and 14 dialogue partners: Sri Lanka, Turkey, Cambodia,...

Politics

64 h. ago Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump

Tesla reduces price of new Model 3 in China weeks after launch, amid sales slump  Electrek

Economics

3 d. ago Tesla China cuts price of new Model 3 as moment of truth nears

Tesla cut the price of its new, longer-range Model 3 variant by nearly 4 per cent just before deliveries were set to begin, a move set to heighten competition in mainland China’s premium electric vehicle (EV) segment. The US carmaker said on Monday that it would price the Shanghai-made car, which boasts a driving range of 830km, at 259,500 yuan (US$36,391), 10,000 yuan lower than the price it touted on August 12. Deliveries are expected to begin this month. The company is also offering mainland...

Politics

4 d. ago Xi Tells Modi China and India Must 'Come Together' as US Tariffs Hit

Xi Tells Modi China and India Must 'Come Together' as US Tariffs Hit  Newsweek

Events

4 d. ago Chinese officials urge family to cremate sick man lying on floor, shocking public

A group of public servants in China have come under fire for urging a rural family to cremate their relative while he was still alive and in earshot. On August 19, a villager in eastern China’s Anhui province posted a video exposing local government officials for promoting cremation while an elderly member of a family was lying sick and dying. It is a local custom to place a dying person on the floor. The officials told the family about the perks of cremation, including their policy of providing...

Politics

5 d. ago Tesla's Struggles In China Come At Bad Time: Electric Vehicles Hit 51% Market Share In Most Populous Country

Tesla's Struggles In China Come At Bad Time: Electric Vehicles Hit 51% Market Share In Most Populous Country  Yahoo Finance

Events

5 d. ago Eric Trump hails China’s crypto power at Hong Kong’s bitcoin summit

Eric Trump, one of the final acts in Hong Kong’s biggest gathering of cryptocurrency enthusiasts, praised the city and China during his fireside chat with the organiser of the Bitcoin Asia conference. “There is no question that you have made an unbelievable mark on cryptocurrencies,” said the second son of the US President Donald Trump in his chat with Bitcoin Asia’s CEO David Bailey. “There is no question that China is a hell of a power when it comes to this.” The younger Trump, who was in Hong...

Politics

9 d. ago Trump says he will allow 600,000 Chinese to study in US – double current figure

US President Donald Trump said he would allow 600,000 Chinese students to enter the United States which is double the current figure, and reiterated that President Xi Jinping had invited him “to come to China”. The significant shift in tone from the US government came soon after the Chinese embassy in the US advised students to “be cautious when choosing” Houston as their destination when entering America, saying some students have been “unjustifiably questioned and harassed” recently. On...

Politics

9 d. ago Early Chinese Tesla Model Y L reviews show good dynamics, cramped 3rd row

Early Chinese Tesla Model Y L reviews show good dynamics, cramped 3rd row  Electrek

Politics

1 week ago What next for market as China’s Puer tea bubble comes off the boil?

Aromatic infusions of fermented and aged Puer tea have been popular in China for centuries, but later generations of enthusiasts came to value its investment potential even more, dubbing it a “drinkable antique”. Chinese entrepreneurs and members of the country’s growing middle class long regarded the tea, produced in Yunnan province, as a wealth preservation investment rivalling stocks and real estate, but the market has come off the boil recently as the economy slows and investor appetite...

Politics

1 week ago China comes out in support of India against Trump's tariffs, calls for Beijing

China comes out in support of India against Trump's tariffs, calls for Beijing-New Delhi 'teamwork' to stand  India.Com

Politics

2 w. ago Tesla (TSLA) Expands Model Y Lineup in China Amid Intensifying EV Competition

Tesla (TSLA) Expands Model Y Lineup in China Amid Intensifying EV Competition  Yahoo Finance

Politics

2 w. ago Chinese EV sector’s global push, BYD takes on Tesla in Hong Kong: 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. Can China forge an offshore economic empire? EV producers are feeling the way The electric vehicle (EV) industry, formerly one of China’s most inward-focused industrial sectors, is now leading a push overseas, carrying the government’s hopes of forging an offshore economic empire to...

Politics

2 w. ago Chinese EV makers report sales dip in July; latest Tesla Model 3: 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. Can China forge an offshore economic empire? EV producers are feeling the way The electric vehicle (EV) industry, formerly one of China’s most inward-focused industrial sectors, is now leading a push overseas, carrying the government’s hopes of forging an offshore economic empire to...

Politics

2 w. ago A shipbuilding behemoth is rising in China. By scale, nothing else comes close.

A shipbuilding behemoth is rising in China. By scale, nothing else comes close.  Business Insider

Politics

2 w. ago Tesla expands China lineup with new Model Y L starting at $47,200

Tesla expands China lineup with new Model Y L starting at $47,200  CBT News

Politics

2 w. ago How Tesla’s New Model Y L in China May Catapult Its Stock to New Highs

How Tesla’s New Model Y L in China May Catapult Its Stock to New Highs  TipRanks

Politics

2 w. ago Tesla’s revamped Model Y aimed at regaining mainland market share from rivals

Tesla China has priced its six-seat Model Y variant about 30 per cent higher than its basic edition and has started accepting orders from customers who prefer spacious, long-range electric vehicles (EVs) for family use. The US carmaker announced on Tuesday that the upgraded version of the Model Y would sport a price tag of 339,000 yuan (US$47,182), compared with 263,500 yuan for the entry-level edition currently. The three-row SUV with a driving range of 751km is 25,500 yuan, or 8 per cent, more...

Economics

2 w. ago Tesla starts taking orders for its new Model Y L in China from around $47,200 By Reuters

Tesla starts taking orders for its new Model Y L in China from around $47,200 By Reuters  Investing.com

Politics