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China's Chery, BYD may have to repay subsidies after audit finds irregularities

China's Chery, BYD may have to repay subsidies after audit finds irregularities

SHANGHAI/BEIJING (Reuters) -China's Chery and BYD improperly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold in the five years to 2020, accounting for nearly 60% of improper claims, an industry ministry audit...

Chinese banks stumble on Beijing's consumer lending push

Chinese banks stumble on Beijing's consumer lending push

BEIJING (Reuters) -Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel from a surge of defaults on personal loans and have a hard time finding households in good financial shape that want to...

China offers to help resolve Thailand, Cambodia border dispute

China offers to help resolve Thailand, Cambodia border dispute

BEIJING (Reuters) -China urged Cambodia and Thailand to resolve their border dispute through friendly dialogue, offering to play a constructive role by upholding an "objective and fair" position, its foreign ministry said. Foreign Minister Wang Yi...

China's Economy Likely Grew 5.2% In Q2 Despite Trade War: AFP Poll

China's Economy Likely Grew 5.2% In Q2 Despite Trade War: AFP Poll

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months. The world's...

China's biggest car rental company now offers autonomous cars

China's biggest car rental company now offers autonomous cars

China’s largest car rental operator, Car Inc., now rents autonomous cars. The company, also known as “Zuche”, is using cars from Chinese tech giant Baidu for the service. China’s government let Baidu’s “Apollo” cars hit the road in 2021, albeit in...

Chinese premier returns to Beijing after official visit to Egypt

BEIJING, July 11 (Xinhua) -- Chinese Premier Li Qiang returned to Beijing on Friday aboard a chartered plane after concluding an official visit to Egypt. Li was seen off from the airport by the Egyptian Minister of Investment and Foreign Trade...

Chinese yuan strengthens to 7.1475 against USD Friday

BEIJING, July 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 35 pips to 7.1475 against the U.S. dollar Friday, according to the China Foreign Exchange Trade System. In China's spot foreign...

China consolidates poverty alleviation achievements in five-year transitional period: report

BEIJING, July 11 (Xinhua) -- China has made continuous efforts to consolidate and expand its poverty alleviation achievements in a five-year transitional period after the country, in February 2021, solemnly declared a complete victory in...

China an active promoter, continuous contributor to global poverty reduction: report

BEIJING, July 11 (Xinhua) -- China's success in poverty reduction can be largely attributed to its inclusive adoption of international best practices, as well as the localization and innovative application of global poverty alleviation experience...

China, Malaysia to implement mutual visa-free policy agreement on Jul 17

China and Malaysia will implement a mutual visa-free policy agreement beginning July 17, 2025, according to an announcement published Thursday on a consular services account affiliated with China's Ministry of Foreign Affairs. Under the agreement,...

China's Chang'e-7 to carry a seismograph, 2026 launch targeted

China's Chang'e-7 to carry a seismograph, 2026 launch targeted

China's Chang'e-7 lunar mission, expected to launch around 2026, will be equipped with a seismograph to study moonquakes and probe the lunar interior, according to Wu Fuyuan, a member of the Chinese Academy of Sciences (CAS) and a leading...

China: Work injury insurance programme to cover new occupations

China: Work injury insurance programme to cover new occupations

China has expanded its occupational injury insurance programme to cover more workers engaged in new forms of employment according to a news report by news agency Xinhua. The ministry of human resources and social security said in a statement that...

China blows up 300 dams, shuts hydropower stations to save Yangtze River habitat

China blows up 300 dams, shuts hydropower stations to save Yangtze River habitat

China has demolished 300 dams and shut down most of the small hydropower stations on a major tributary of the upper Yangtze River to safeguard fish populations as part of an effort to restore the ecology of Asia’s longest waterway. According to a...

China's exports likely provided strong support to the economy in the second quarter but analysts were cautious about the outlook for the final six months of the year

China's exports likely provided strong support to the economy in the second quarter but analysts were cautious about the outlook for the final six months of the year

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, analysts say, but they warned Donald Trump's trade war could cause a sharp slowdown in the final six months.

China's export growth expected to edge up in June amid delicate truce with US: Reuters poll

China's export growth expected to edge up in June amid delicate truce with US: Reuters poll

By Ethan Wang and Joe Cash BEIJING (Reuters) -China's export growth likely edged higher in June, buoyed by exporters rushing to front-load shipments on fears that a fragile trade truce with the United States could unravel and see President Donald...

China stocks rise as investors seek policy-backed sectors

China stocks rise as investors seek policy-backed sectors

HONG KONG: China and Hong Kong stocks closed higher on Thursday, as investors concerned about the economic outlook rotated into sectors expected to benefit from government policies, with property stocks outperforming. At the close, the Shanghai...

China’s patience wears thin with EU over medical device row

China’s patience wears thin with EU over medical device row

Political tensions between the European Union and China have grown after the bloc restricted Chinese enterprises and products from participating in public procurement of medical devices, while Beijing launched retaliatory measures. The growing...

China Court to Issue Ruling on Japanese Businessman on Wed.

China Court to Issue Ruling on Japanese Businessman on Wed.

Newsfrom Japan Jul 11, 2025 09:17 (JST) Beijing, July 11 (Jiji Press)--A district court in Beijing will hand down a ruling Wednesday on a Japanese employee of Astellas Pharma Inc., who has been charged with espionage in China, sources familiar...

China ready for closer trade cooperation with EU

China ready for closer trade cooperation with EU

[Photo/VCG] China is willing to work with the European Union to further expand bilateral market access, strengthen dialogue on government procurement and export controls, and deepen collaboration along industrial and supply chains, the Ministry of...

China earns praise for Africa's green transition

China earns praise for Africa's green transition

Vegetable seedlings grow at the China-Africa Green Technology Park in Mauritania. SI YUAN/XINHUA As momentum builds around green finance and climate cooperation between China and Africa, experts are emphasizing the significance of mutual...

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