China Appeals to WTO Over EV Tariffs Imposed by European Union

China Appeals to WTO Over EV Tariffs Imposed by European Union

China has lodged a complaint with the World Trade Organization over the European Union’s final tariffs on Chinese electric vehicle imports, escalating a dispute that’s straining an already fraught relationship. Beijing brought the case to the WTO’s dispute settlement mechanism on Monday to “safeguard the development interests” of the EV industry, according to a statementBloomberg…

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China expands visa-free policy to nine more countries

China expands visa-free policy to nine more countries

From November 8, citizens of nine new countries will benefit from visa-free entry to China. China‘s unilateral 15-day visa-free policy, previously available to citizens of 18 countries, is about to be extended to nine new countries. Asked last Friday about this exceptional regime in place for certain countries since December 1, 2023, Chinese Foreign Ministry…

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How China’s Rise Has Triggered a Decisive Shift in Global Technology-Research Leadership from West to East

How China’s Rise Has Triggered a Decisive Shift in Global Technology-Research Leadership from West to East

2 By Alexander Jones, International Banker   “China and the United States have effectively switched places as the overwhelming leader in research in just two decades.” That’s the brutally honest assessment delivered by the Australian Strategic Policy Institute (ASPI) shortly after publishing its Critical Technology Tracker on August 28—an assessment that highlights just how far…

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Tesla's Oct China-made EV sales fall 5.3% y/y

Tesla’s Oct China-made EV sales fall 5.3% y/y

BEIJING (Reuters) -US automaker Tesla (TSLA) sold 68,280 China-made electric vehicles in October, down 5.3% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Tesla stock was down over 1% in premarket trading on Monday. Deliveries of China-made Model 3 and Model Y vehicles fell 22.7% from the previous…

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Report finds China targeted AstraZeneca in fraud probe over cancer treatment

Report finds China targeted AstraZeneca in fraud probe over cancer treatment

Pharmaceutical giant AstraZeneca, whose China president is under investigation, was previously investigated for medical insurance fraud cases involving cancer medication sales, according to new Chinese media reports. The news comes after the British-Swedish company announced on its official website last week that its China chief Leon Wang was cooperating “with an ongoing investigation”, and its…

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