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Stock exchanges in Shanghai and Shenzhen had lost about $519 billion in market capitalization, while firms on the Nasdaq Golden Dragon index lost a combined $31 billion
The updated law, which bans the transfer of any information deemed linked to national security, comes after raids on three foreign firms that have rocked the business community in China
A satellite will be launched next year to enable communication with a mission to explore the moon and more are planned in coming decades for ventures into deep space, China says
The announcements follow new US sourcing requirements for EV battery components and critical minerals in order for car buyers to qualify for up to $7,500 in credits
A robot tasked with making "lunar soil bricks" will also be launched during China's Chang'e 8 mission around 2028
Greenpeace says China should add more storage capacity and make its power grid flexible so it can respond better to periods of high demand, rather than building more coal plants
The carmaker said on the weekend it would offer a new, cheaper version of its Model Y in Canada at C$10,000 ($7,378), while Ottawa said the car should also qualify for a hefty subsidy.
The plant will produce 50,000 tonnes per year of lithium iron phosphate (LFP) for cathodes, using lithium carbonate as an input
Treasury Secretary says the US seeks "constructive and fair" economic ties with China and urges cooperation on global debt crises, climate change and ending the war in Ukraine
German foreign minister Anna Baerbock said China wants to follow its own rules at the expense of the international rules-based order and is increasingly a systemic rival.
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Energy: The Big Picture
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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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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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