Focus on Govt of China
‘Deeply misguided’ to wall US off with tariffs: Yellen
Yellen warns broad, untargeted levies would raise costs for US households and make American businesses less competitive.
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.
EU ministers agree on COP29 negotiating position
A European Council statement says EU environment ministers agreed on a negotiating position ahead of the COP29 UN climate summit in Azerbaijan.
In France’s Cognac, Beijing and Brussels’ EV spat spells disaster
In Cognac, French brandy producers and dealers of Chinese-made EVs face challenges from EU tariffs and China's retaliatory measures.
BP’s refining business sees lower margins as global oil demand stalls
BP follows Shell in reporting a drop in margins after the companies’ refining businesses suffered a downturn in global demand.
World can’t ‘waste time’ trading climate change blame: COP29 hosts
UN climate summit hosts urge countries to stop assigning blame for global warming and focus on finding solutions together.
China’s Chery assembles cars in Russian plants vacated by Western rivals
Chinese carmaker Chery has started assembling cars in Russia for sale in the country at three factories vacated by Western rivals including Volkswagen...
China’s solar goes from supremacy to oversupply
China's solar industry, bolstered by state support, faces challenges from foreign tariffs and intense domestic price competition.
China-EU team to continue talks after bloc’s ruling on Chinese EVs, state media reports
China has recently engaged in "intensive communications" with the US and the EU on electric vehicle trade issues, state news agency Xinhua reported...
Brussels rejected China proposal for 30,000 euro minimum sales price in EV dispute, sources say
Brussels rejected China's proposal for a minimum price on imported EVs to avoid EU tariffs, citing subsidy concerns and market impact.
