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China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday.
Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could still widen in the key oil-producing region.
US officials are ringing alarms about Russia’s new nuclear anti-satellite (ASAT) weapon, a deployment that could transform Low-Earth Orbit (LEO) space into a dangerous no-man’s land.
DALIAN, China -- China's aging migrant workers are creating a factory laborer shortage, threatening the country's position as a manufacturing powerhouse as rising labor costs erode its cost advantages.
PARIS (Reuters) -- French President Emmanuel Macron and European Commission chief Ursula von der Leyen urged China to ensure more balanced trade at the start of President Xi Jinping's visit to Paris, during which Macron was also set to press him on Ukraine.
The Australian government on Monday said it had expressed concerns to China after a Chinese fighter aircraft released flares in the flight path of an Australian helicopter.
TAIPEI -- Top German chipmaker Infineon has reached an agreement to supply Chinese EV maker Xiaomi with advanced power semiconductors until 2027, in a move to tap the growing electric car market in China and beyond.
BEIJING -- China wants to promote awareness of national defense in children as young as elementary school under proposed legislation that would require military training at high schools and universities.