The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May
Tech conglomerate says permits to operate driverless robotaxis in Chongqing and Wuhan are a "turning point" in China's policy-making towards autonomous driving
SoftBank chief Masayoshi Son said the world was "in great confusion" and signalled personnel cuts at the Vision Fund, saying there were no "sacred areas"
Ray Dalio, head of Bridgewater, the world's biggest hedge fund, has moved to trademark his group's highly successful, but much copied, investment strategy in China
Imports from Russia rose by 49% last month, while Chinese exports to Russia jumped by nearly a quarter, the latest customs data revealed
Yango and Greenland shares shot up on Monday after news the two struggling developers have won help from state entities to manage their debt crises
Tens of thousands of tourists are stuck in Sanya beach resort after authorities imposed travel restrictions on Saturday in response to the latest Covid-19 outbreak.
SpaceX will assess if parts of its Dragon capsule landed on farms near Canberra on July 9, while debris from a Chinese rocket may have landed in Southeast Asia just a week ago
Satellite images of an old nuclear testing site in Xinjiang and a range of other evidence suggests China wants to resume testing, security analysts have told Nikkei
A heatwave spurred power generators in China to ramp up purchases of coal in July by 24% over the previous month, driven by greater use of air conditioners in many cities.
China posted a record overall trade surplus in July of over $101 billion, with exports up 18% from 2021, while imports rose 2.3%, which suggests consumption is soft.
Chinese planes and warships simulated an attack on Taiwan on Saturday, island officials said, to punish them for hosting a visit by Pelosi, who was seen as an independence advocate