TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most expensive model so far in a market where consumers have long favoured domestic brands. The Shenzhen-based automaker said it had started taking orders for its flagship Seal EV in Japan from Tuesday, setting […]
TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most expensive model so far in a market where consumers have long favoured domestic brands. The Shenzhen-based automaker said it had started taking orders for its flagship Seal EV in Japan from Tuesday, setting […]
President Xi Jinping defended China’s trade ties with Russia during a meeting with his Polish counterpart Andrzej Duda in Beijing on Monday. Xi also said China’s position on the war in Ukraine was unchanged – to push for peace talks and seek a political settlement to the crisis, according to state broadcaster CCTV. “China opposes […]
BEIJING (Reuters) – Heavy rains swamped the southern Chinese city of Changsha on Monday, turning roads into rivers and submerging pedestrian underpasses and subway tunnels. Emergency crews ferried locals to and from their homes on rubber boats and headed out to rescue drivers trapped on flooded roads, state CCTV reported. From 9 a.m. to 10 […]
STORY: :: Severe flooding inundates the metro in the Chinese city of Changsha :: June 24, 2024 :: Changsha, China Reuters was able to confirm the location from nearby buildings, trees, road layouts and an underpass that match street view, file image and satellite imagery. Corroborating video also shows the same scene. The date was […]
Alamy The latest batch of US sanctions against Russia will promote further use of the yuan, a think tank said. It argued that as ruble volatility increases, the Chinese currency will offer stability. While sanctions also threaten Chinese entities, they won’t be enough to disrupt yuan trading, it said. Fresh sanctions on Russia are too […]
A Philippine general called China’s coast guard pirates after a violent confrontation. China’s Coast Guard disrupted a Philippine resupply mission at Second Thomas Shoal. Experts say it’s not piracy, but it’s a troubling escalation all the same. The Chief of Staff of the Armed Forces of the Philippines accused China of behaving like pirates after […]
By Aditi Shah and Tim Hepher DUBAI (Reuters) – Chinese state-owned planemaker COMAC has the opportunity to break Airbus and Boeing’s duopoly of the passenger jet market over the next decade, the chief of aircraft leasing company Dubai Aerospace Enterprise (DAE) told Reuters. Airbus and Boeing are the main suppliers of aircraft to airlines, but […]
Nine people have died and six others are missing after downpours caused historic flooding in rural parts of Guangdong province in southern China. Authorities have warned of more flooding ahead in other parts of the country. Four people died and four others are missing in Meixian district in Guangdong’s Meizhou city, state broadcaster CCTV reported […]
BEIJING (AP) — Nine people have died and six are missing after downpours caused historic flooding in rural parts of Guangdong province in southern China, while authorities warned Friday of more flooding ahead in other parts of the country. Four people died and four are missing, in Meixian district in Guangdong’s Meizhou city, state broadcaster […]
The Scoop A US House panel will examine China’s efforts to dominate key industries including semiconductors, shipbuilding, and drones during a hearing next week. The House select committee on China will hold the public hearing next Wednesday, according to details shared first with Semafor. Lawmakers will hear from Chris Miller, an authority on semiconductors and […]
(Bloomberg) — China’s electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle has declined, according to a new research. Most Read from Bloomberg Slightly more than half the total amount of support was in […]