Letting the yuan depreciate could blunt the impact of US trade tariffs. And China's central bank has considered the possibility of the yuan dropping to 7.5-per-dollar to counteract trade shocks.

The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.

The country's top EV maker has gained a greater share of the global auto market and now looks poised to top its 4-million worldwide sales target – and overtake Ford and Honda

German supplier warns it can no longer supply antimony to US clients, as China's export curbs begin to impact Western supply chains

Trump's son has cited Vietnam among countries that "ripped off" the US, according to a video shown at a conference in Hanoi last week set up by American business chambers

Exports of plug-in hybrids and conventional hybrids accounted for 18% of China's total vehicle sales to Europe. That was double their 9% share in the first quarter.

US carmaker says it will record non-cash charges of more than $5 billion on its joint venture with SAIC in China, one for the rejig of operations, and another on its reduced value

Malaysian trade minister says he has told many Chinese businesses not to invest in the country if they only want to rebadge their products there to avoid US tariffs

Steelmakers from South Korea, India, Japan and China were among the biggest laggards in the shift to renewables, with some still depending entirely on fossil fuels for production

But the world’s second-largest economy still needs to navigate major challenges to meet its overall climate goals — the biggest being a booming demand for power

India's plan to shift from coal to clean energy is being slowed by a shortage of skilled manpower, plus doubts by states' power distribution firms and a lack of infrastructure to handle with the transition

Delegates adopted a $300 billion a year global finance target to help poor nations cope with climate change, but that outcome left some countries angry and disgusted