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The deal, expected late this month, will take CYVN's shareholding to 20.1% of Nio's total shares, the carmaker said in a statement
Panel production costs in the world's largest producer of solar energy have declined a whopping 42% from year ago, dropping as low as 15 cents per watt
Bilateral pacts cover possible investments in rail links, security, plus telecoms and digital data, but analysts said any boost in ties could be more symbolic than real
The deal – hailed as "historic" by some, and slammed as "soft" by island nations – is the first global agreement that promises an eventual end to the use of oil and coal
Chinese leader, who began a 2-day visit to Hanoi on Tuesday, wants Vietnam to embrace a 'common future', but anti-Chinese sentiment is still widespread in the Southeast Asian nation
Improved rail links between the countries could open up the possibility of tie-ups on exploiting Vietnam’s vast rare earths deposits
Industry ministry said on Monday EVs should have a driving range of at least 200 kilometres per charge to be eligible for purchase tax exemption from 2024
Beijing’s ties with Jeddah have deepened with the Saudis saying in June that they would look to collaborate, not compete, with China
Beijing said it will reduce coal consumption in the Beijing-Tianjin-Hebei region by about 10% from 2020 levels by 2025
The manufacturing hub by the South China Sea is increasingly a key assembling link in supply chains that rely on Chinese parts and US consumers
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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