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Southeast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing.
SHANGHAI (Reuters) -- China and the European Union have agreed to start talks on the planned imposition of tariffs on Chinese-made electric vehicles being imported into the European market, senior officials of both sides said on Saturday.
BRUSSELS -- The European Union is seeking security and defense partnerships with Japan and South Korea, a move that could lead to broader joint development projects in the defense industry, Nikkei has learned.
MANILA (AP) --The president of the Philippines said Sunday his country would not yield to "any foreign power" after Chinese forces injured Filipino navy personnel and damaged at least two military boats with machetes, axes and hammers in a clash in the disputed South China Sea, but added the Philippines would never instigate a war.
SHANGHAI (Reuters) -- Germany's Economy Minister Robert Habeck said during his visit to China on Saturday that the door of the European Union is open for discussions regarding EU tariffs on Chinese exports.
China wants the European Union to revoke its decision to impose provisional tariffs on Chinese electric vehicles after both sides agreed to hold new talks, Global Times reported on Sunday.
Shifting attention away from US and EU tariffs on Chinese electric vehicles and the exploits of Tesla’s Elon Musk at least for a moment, the Indian subsidiary of Hyundai Motor is preparing for an initial public offering on the stock market in Mumbai.
MANILA, Philippines (AP) — The president of the Philippines said Sunday his country would not yield to “any foreign power” after Chinese forces injured Filipino navy personnel and damaged at least two military boats with machetes, axes and hammers in a clash in the disputed South China Sea, but added the Philippines would never instigate a war.