Volkswagen’s unit sales fell by 2.3% in 2024 to just over nine million vehicles, the carmaker reported on Tuesday, after a challenging year in its two key markets of Germany and China.
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Volkswagen sales drop in tough year at home and in China
Biden argues China ‘will never surpass us’, as Washington aligns on being tough on Beijing
Biden’s final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite: Reuters poll
CHINA’S economic growth is likely to slow to 4.5 per cent in 2025 and cool further to 4.2 per cent in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures…
Chinese Shares End Higher After Beijing’s Pledge to Stabilize Market
Chinese shares ended higher, supported by the country’s securities regulator’s pledge to stabilize the market. The China Securities Regulatory Commission Monday said it will work with the PBOC to enha …
Exclusive: China to cut pay by half for staff at top financial regulators, sources say
China is set to slash pay for staff at its top three financial regulators, including the central bank, by about half, as part of a regulatory revamp unveiled in 2023 to bring their salaries in…
China Will ‘Try Very Hard’ to Slow Yuan’s Fall, UBS’ Wang Says
A weaker yuan against the dollar may only give China’s exports a modest boost and Beijing will push to moderate the currency’s decline, according to UBS Group AG.Most Read from BloombergThese Homes …
Inbound trips to Beijing up 187% in 2024
BEIJING – In 2024, the Chinese capital Beijing has seen 3.94 million inbound tourism trips, up 186.8 percent year-on-year and equivalent to 88.9 percent of the total for 2019, said local authorities …
China’s growth seen slowing to 4.5% in 2025 as US tariffs bite
China’s economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus measures to soften the blow…
China’s energy weapon fires thousands of nuclear-like blasts in tests and survives: study
Chinese scientists have achieved the impossible, creating a compact, powerful microwave weapon that could transform modern warfare China has overcome a significant technical hurdle in the development …
TikTok responds to rumors China wants to ask Musk to buy platform: ‘pure fiction’
Officials at TikTok said they could not be expected to comment on pure fiction when asked about rumors China was looking into having Elon Musk acquire the social media platform.
US tightens AI chip exports to curb China’s access and boost allies
Moving to fortify tough technology restrictions on China on its way out the door, US President Joe Biden’s administration announced new regulations Monday designed to further restrict artificial …
Biden’s new chip rules aim to stifle China in AI race
President Joe Biden is planning one more round of export restrictions on AI chips to limit some countries’ access to the key technology.
Nvidia CEO to visit China amid Beijing’s antitrust probe, US AI chip curbs
Jensen Huang is set to tour the mainland Chinese cities of Shenzhen, Shanghai and Beijing, before flying to Taipei later this week.
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