Commerce Minister Wang Wentao insists that ongoing innovation drives China's EV firms' fast development and not subsidies.
Tags: China
China Becomes Global Leader in EV Exports, Prompting Need for More Shipping Vessels
Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.
China Hits 2 U.S. Defense Companies With Sanctions For Selling Military Weapons to Taiwan
China imposes sanctions on two U.S. defense companies for alleged involvement in arms sales to Taiwan by freezing their assets within China and barring entry into the country.
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
China Accused of Flooding Britain with Fake Royal Mail Stamps; Experts Term it as 'Economic Warfare'
The reports indicate that four Chinese suppliers are manufacturing counterfeit stamps at an alarming rate of up to one million per week.
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The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
Environmental and animal welfare groups criticize the World Bank's funding of 'hog hotel' factory farms, urging a halt to support for large-scale industrial livestock operations due to concerns about climate change, animal welfare, and food security.
A survey by ISEAS-Yusof Ishak Institute shows over 50% of Southeast Asians prefer aligning with China over the US, reflecting China's growing influence.
A federal Biden Administration cybersecurity group report criticizes Microsoft for security lapses enabling a Chinese cyber intrusion into senior US officials' email accounts.
Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.
China's influencer industry is spotlighted as 'Little Fairy' discloses a $13M tax bill, highlighting immense profitability. Pan Yurun's $28M income reflects the sector's growth amidst crackdowns.
President Joe Biden and China's President Xi Jinping clashed in a telephone call on Tuesday about US restrictions on high-technology exports.
China has surpassed the United States as the most preferred ally of Southeast Asia, according to the study.
Chinese domestic automakers are responding to Tesla's recent price hike and Xiaomi's entry into the electric vehicle market with enticing offers, including subsidies and price cuts.
