Global carmakers are falling behind Chinese electric car companies in the world's biggest car market, with no foreign brands among the top 10 carmakers in the China EV segment this year, except for Tesla in third place.

Divergent comments by China's top two leaders seem to have "exposed what government officials and policy advisers describe as simmering tensions among top Communist Party officials"

The China Passenger Car Association (CPCA) data showed sales of passenger vehicles fell 16% from the same period a year earlier to 780,000 units

Mainland China and Hong Kong shares advanced but Tokyo retreated with investors distracted by war in Europe and soaring global prices

The index has been constructed to make reference to the EU Paris Aligned Benchmark (PAB) Standard as it applies to Asia stock markets

Zhejiang Huayou Cobalt said it plans a rapid development of a mine and processing plant at its newly acquired Arcadia project, company documents show

The war in Ukraine has aggravated a global food crisis that is causing economic shockwaves around the world and could last for years, expert tells UN Security Council

Officials in Beijing on Monday reported 99 new cases in the Chinese capital on May 22, the highest tally to date in its month-long outbreak, while Shanghai prepares to reopen next week

The US tech giant is said to be planning to increase output outside China at sites it has shortlisted in India and Vietnam after being hit hard by Covid lockdowns

Covid restrictions have forced Chinese producers of battery materials for EV makers to cut production by up to 40%, reducing demand for lithium

With carmakers investing in EVs, parts suppliers are also diversifying their business towards new and clean technologies and moving away from petrol-reliant supply chains

The audit was prompted by Musk's demand that Twitter prove that phoney and spam accounts constituted no more than 5% of the total