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LONDON/BRUSSELS -- The European Commission announced on Wednesday import tariffs of up to 38% on Chinese electric vehicles, after its investigation found that producers in China benefited from "unfair subsidies" throughout their supply chains -- from lithium refining to the transportation of the final products.
HONG KONG -- Chinese authorities have demanded that the electric vehicle unit of embattled property developer China Evergrande Group repay 1.9 billion yuan ($262 million) in subsidies, dealing a fresh blow to its stock.
TOKYO -- Japanese Prime Minister Fumio Kishida plans to draw attention to security concerns involving China at this week's Group of Seven summit, tying the discussion to economic issues in order to keep the grouping focused on developments in East Asia.
The Biden administration announced a series of new financial sanctions Wednesday aimed at interrupting the fast-growing technology links between China and Russia that American officials believe are behind a broad effort to rebuild and modernize Russia’s military during its war with Ukraine.
JAKARTA, Indonesia (AP) — Indonesian authorities said Wednesday they have arrested six suspects in an international poaching ring targeting the Javan rhinoceros, a critically endangered species.
BEIJING (AP) — A helicopter crashed in China’s southeastern Jiangxi province and three people on board were missing Wednesday, state media reported.
The two countries have fought over the disputed region, including in several wars, since their independence in 1947.
Without funding from Japan, many of Australia’s gas projects wouldn’t have gone ahead. Massive public loans from Japanese taxpayers are propping up Australia’s now-enormous fossil gas industry. Japan is also becoming a major gas trader and today exports more gas to other countries than it imports from Australia.