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BEIJING — Chinese President Xi Jinping told U.S. executives on Wednesday that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment.
In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world's largest EV market, Tesla has been losing ground to domestic automakers who are increasingly building better cars at unbeatable prices, and chief among them is Warren Buffett-backed BYD.
BEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May.
BEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for the struggling real estate market.
BEIJING — China's top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing's support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts.
BEIJING — China set a growth target of "around 5%" for 2024 and announced the issuance of "ultra-long" special bonds for major projects, according to a government work report Tuesday.
BEIJING — China kicks off its annual parliamentary meetings this week, which investors are watching closely for signals on economic stimulus.
BEIJING — China's Ministry of Commerce met with foreign businesses in Beijing this week in an effort to address operating challenges, but did not reveal much change on major issues.