Trump administration could lower tariffs on Chinese goods to 50-65%, pending talks with Beijing, a source said. But Beijing says no talks have been held yet
China seems to be taking leaves from the American playbook as it steps up its retaliation against Donald Trump's tariff war
Commentators deride retreat in posturing, but Asian and global markets all rose after US President said tariffs imposed on China are likely to be substantially lower than 145%
Banking sources say the net payments system is designed for large corporations and works directly with 11 Chinese provinces
Vance pushes energy and defence deals while discussing a trade agreement and global issues with Modi on his short Indian visit
The 737 MAX 8 landed in Guam after leaving Boeing's Zhoushan completion centre near Shanghai on Monday, tracking data showed
Trump proposed fees on China-built ships of up to $1.5 million a port call, but officials opted instead to levy fees based on net tonnage, or each container, or car, unloaded
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
Tesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
Hozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.