At a closed door meeting also attended by European carmakers, Chinese automakers alleged the EU anti-subsidy probe was a ploy to steal their business secrets

New guidelines aim to suppress the industry after years of over-expansion, which caused lithium prices to plunge more than 80% last year

The investment mogul’s stake in the Chinese electric vehicle maker is effectively down more than 66%

Among the biggest drags on Nikkei was Toyota Motor, which slid 2.6% amid continued fallout from a safety test certification scandal

China has opened a probe into pork imported from Europe a week after the EU put extra tariffs on Chinese cars; meanwhile, production of cheap Chinese EVs has begun in Poland

Western governments are offering incentives to Brazil to develop a rare earths supply chain. It has large reserves and its first rare earths mine started commercial production this year

Factory output in May was flat, while the property sector continues to weigh on sentiment, despite strong exports and a rise in retail sales

Pro-trade business groups have appealed for a 30-day extension for the period allowed for public feedback and a hearing to be held on the proposed hikes; that could delay the date they are implemented

Industry insiders say EU tariffs are unlikely to stop the expansion of Chinese EV exports, with carmakers likely to simply pass on higher costs to customers

Premier Li Qiang said on Friday there is a growing demand in China for high-quality dairy, beef and lamb from New Zealand - it was a message for ears both near and far

Dairy producers and pork exporters fear retaliatory tariffs from China after Wednesday's decision on anti-subsidy duties on Chinese EVs

World stocks retreated from record highs as China signalled it would respond to the EU's tariffs on its electric vehicle makers