Over a dozen state agencies said regions would be urged to increase annual car purchase quotas and efforts made to support sales of second-hand vehicles

Ambassador Xie Feng told the Aspen Security Forum that China did not want a trade or tech war but would definitely respond if the United States imposes more restrictions on its chip sector

Temu said on Wednesday it has been the target of "unlawful exclusionary tactics" since its launch in the US, which forced it to take legal measures to defend its rights due to "attacks" from Shein

CITIC's Hong Kong platform is expected to demand its investment bankers move to the mainland with their pay lowered to local levels or face the prospect of losing their jobs, sources say

The chip industry is keen to protect its profits in China as the Biden administration considers another round of restrictions on chip exports to the world's second-largest economy

Some say China has been "scarred" by years of strict Covid measures and regulatory curbs on property and tech firms, but there is also less demand for its exports amid the global slowdown

Chinese diplomat Wang said China and the EU should enhance mutual trust, deepen cooperation, and not encourage backpedalling, on 20th anniversary of their strategic partnership

MSCI's broadest index of Asia-Pacific shares outside Japan rallied 0.86% on Friday for its biggest weekly gain in eight months

Tesla has begun talks with the Modi government on plans to build an EV plant in the country that would sell cars locally at an affordable rate and export them across the Indo-Pacific, a source says

Hong Kong's Hang Seng Index jumped 2.6%, while the Nikkei rose by 1.5%, and other key markets ignored dismal trade data in China to stay in positive territory on Thursday

Regulators say the measures will not apply to firms who don't intend to offer their generative AI services to the Chinese public to encourage development of the technology

The 12% slump in outbound shipments was worse than expected in the year-on-year Customs data for June. Imports also contracted by 6.8%.