Stellantis and Chinese battery maker CATL will invest 4.1 billion euros ($4.33 billion) in a factory making electric vehicle batteries in Zaragoza in northern Spain, they said on Tuesday.
Monthly Archives For December 2024
China’s maritime movements around Taiwan are largest in decades, Taipei says
China has fielded its largest regional maritime deployment in decades, Taiwan’s Defense Ministry said Tuesday, as it monitors what it says is a surge of Chinese military activities in the Taiwan Strait and Western Pacific.
China’s Oil Demand May Peak Early on Rapid Transport Shift
China’s oil demand may peak in 2025, five years earlier than expected, as the shift away from gasoline and diesel accelerates, according to a report from the nation’s largest energy producer.
China Unicom, Huawei co-launch China’s first 5G-A V2X innovation base
Beijing (Gasgoo)- China Unicom announced on December 9 that the company and Huawei recently co-established China’s first 5G-A V2X innovation base in Beijing Economic-Technological Development Area.
China Everbright Group former chairman jailed 12 years for corruption, bribery
China Everbright Group’s former chairman Tang Shuangning was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV said on …
China Exports Growth Slows Unexpectedly, Imports Drop Further
China’s exports grew at a slower pace in November, falling short of economists’ expectations that trade tensions would offer a boost as businesses front-load shipments to get ahead of tariffs.
Assad’s fall in Syria exposes limits of China’s Middle East diplomacy
By Laurie Chen, James Pomfret, Antoni Slodkowski BEIJING/HONG KONG (Reuters) -Just over a year ago, China gave Bashar al-Assad and his wife a warm welcome during their six-day visit to the country, offering the former…
China’s Stimulus Splash Barely Registers With Global Markets
China’s sway over the global market is in noticeable decline.
China’s CATL plans to set up $4 bln battery JV in Spain with Stellantis
Chinese electric vehicle giant CATL has plans to set up a battery joint venture with Stellantis in Spain, according to a CATL stock filing on Tuesday.
China’s exports to Russia drop for first time in four months
China’s yuan-denominated exports to Russia fell at a double digit pace in November, worsening sharply from 24% growth in October and marking the first decline in four months, Chinese customs data showed on Tuesday.
Marcos Says Philippines Won’t Send Warships After China Clashes
Philippine President Ferdinand Marcos Jr. said his nation won’t deploy Navy warships to the South China Sea in response to recent clashes with Beijing in disputed waters.
Analysis-China Ready to Go Deeper Into Debt to Counter Trump’s Tariffs
The tone of the Politburo statement suggests that China won’t lower its growth ambitions for 2025, says Zong Liang, chief researcher at state-owned Bank of China. But it also suggests that China is …
China ready to go deeper into debt to counter Trump’s tariffs
In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of expected U.S. trade …
