Sales of passenger vehicles totalled 1.78 million in June, down 6.9% from last year, but exports were up 28% and sales of plug-in hybrids rose by 67%
Orban arrives for talks with Xi Jinping. He is believed to be negotiating a potential peace deal to end the war in Ukraine, as well as holding trade deals
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.9% to its highest since April 2022, while the Nikkei was close to its peak, the Topix hit all-time highs, and the Hang Seng rose for a fourth straight day
BYD opened an electric vehicle factory in Rayong on Thailand's eastern seaboard on Thursday, as China's grip on the local car sector ramps up
The EU is set to confirm provisional tariffs on Chinese EVs on Thursday, but many states are yet to decide on whether tariffs or a negotiated solution is the better outcome
Trade minister says tariffs of 100-200% would be imposed on Chinese imports, from footwear to ceramics, as the government wanted to ensure local "industries will survive and thrive."
The move follows a call by the financial regulator for companies to unwind cross-shareholdings, which are seen as spurring lax governance
Top Chinese carmaker has enjoyed steady growth at home, selling 426,039 EVs in the second quarter, based on monthly totals
A state survey showed manufacturing fell for a second month in June, while services sank to a five-month low; but the smaller Caixin/S&P survey indicated a strong pickup in foreign orders
Buffett’s holdings in the carmaker are down more than 70% amid increasing technology and trade tensions between the United States and China
Canada is looking to position itself as a critical player in the EV supply chain and has come under increasing pressure domestically to act against Chinese vehicles
Chinese companies have asked top Malaysian officials to lobby against the US imposing tariffs on products made or assembled in Malaysia