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For the first time in a decade, Southeast Asia has attracted more foreign direct investment (FDI) than China as investors shift faster towards building “China + 1” supply chains amid increasing manufacturing costs and rising tariffs that have reduced Beijing’s competitiveness.
BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company's electric cars, starting in Europe and Latin America.
Observers point to encouraging initiatives relating to cyberspace, artificial intelligence and maritime security that also emerged from the talks, particularly a maritime legal dialogue to build expertise on international law.
BEIJING (Reuters) -- China will amend drone export controls from Sept. 1, including adding high-precision measurement equipment to the control list and adjusting standards for some unmanned aircraft components.
BANGKOK (AP) — China says it will prohibit the export of all unregulated civilian drones that can be used for military purposes or in terrorist activities and that certain drone features will be restricted as the East Asian country faces repeated Western criticism for its stance on the Russian invasion of Ukraine.
BERLIN (AP) — An investigation has determined that “Chinese state actors” were responsible for a 2021 cyberattack on Germany’s national office for cartography, officials in Berlin said Wednesday. The Chinese ambassador was summoned to the Foreign Ministry for a protest for the first time in decades.
BANGKOK (AP) — China sanctioned a United States lawmaker Wednesday for “frequently interfering” in China’s domestic affairs.
This week is offering quite the split screen to investors hoping China would step up efforts to raise its capital markets game.