China

China approves first brain-computer interface product for commercial use

The firm is among a wave of Chinese startups building technologies that allow people to control computers or other electronic devices using only their minds

China condemns Iran's attacks on Gulf nations, calls for ceasefire

China condemned indiscriminate attacks on civilians and Gulf states, while urging ceasefire and diplomacy. China also abstained from a UN resolution condemning Iran's strikes

China's BYD considering to building cars in Canada, buying out rivals

The Shenzhen-based automaker is studying the Canadian market for a potential manufacturing facility, although no decision has been made, Executive Vice President Stella Li said

Apple lowers app store cut in China in move to fend off local regulators

The company said that its commission is changing from 30 per cent to 25 per cent for its mainland China App Store

China passes ethnic unity law to promote assimilation of minorities

The law, which was approved at the close of China's legislative meeting on Thursday, has wide-ranging provisions that touch on education, housing policy, entertainment and other areas

China orders immediate ban on fuel exports to prevent domestic shortage

The halt applies to cargoes that had yet to clear customs as of March 11 and goes beyond last week's move by Beijing urging refiners not to agree to new exports

Red Dawn Over China: How Soviet support shaped the rise of Communist China

This book explains the dynamics of Chinese politics and shows how the CCP's default response is ruthless control

FDI easing only for non-LBC entities with minority Chinese stake: Official

Overseas companies having Chinese shareholding of up to 10 per cent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with India, a senior official said on Wednesday. Earlier, foreign firms with shareholders from these land border nations owning even a single share had to seek mandatory approval to invest in India in any sector. The Union Cabinet on March 10 made changes in the press note 3 of 2020 in this regard. Under the press note, investors from countries sharing land borders with India had to seek mandatory approval to invest in any sector. "All the restrictions for investors from land bordering countries (LBCs) are still applicable. There is no relaxation so far as entities or investors in LBCs are concerned. This relaxation is only for entities in non-LBCs and having beneficial owners from LBCs below 10 per cent and ...

China's auto sales sink as phase out of subsidies for trade-ins hits demand

China's domestic passenger car sales fell 34.2% in February from a year earlier, an industry association said Wednesday, reflecting weakening demand as some trade-in subsidies are phased out. Only 950,000 units of passenger cars were sold in China last month, according to the China Association of Automobile Manufacturers, down from nearly 1.4 million vehicles sold in January. Overall passenger car sales including exports dropped 15.4% year-on-year, even as shipments overseas jumped 58% to 586,000, highlighting the challenges for Chinese carmakers trying to offset sluggish domestic sales by expanding into foreign markets. Automakers have been struggling with weak demand as the government has been phasing out trade-in subsidies to encourage purchases of electric vehicles. Chinese consumers have also been steering clear of big purchases, feeling a pinch from a slowing economy and protracted property slump. The Lunar New Year festival, China's biggest holiday, took place in February, .

Govt relaxes FDI norms for China, other countries sharing land border

The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said. They said press note 3 of 2020 has been amended in this regard. The decision was taken in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. Under this press note, foreign companies having shareholders from these countries required mandatory government approval for investments in India in any sector. Countries that share land borders with India are China, Bangladesh, Pakistan, Bhutan, Nepal, Myanmar, and Afghanistan. China stands at the 23rd position with only 0.32 per cent share (USD 2.51 billion) in the total FDI equity inflow reported in India from April 2000 to December 2025. Ties between the two countries nosedived significantly following the fierce clash in Galwan Valley in June 2020 that marked the most serious military conflict between the two sides in decades. Following these tensions, India banne

Iran says China, Russia, France reached out to discuss possible ceasefire

Iran's deputy foreign minister said that many countries want a way for ceasefire discussions, but said any truce is possible only if the US and Israel stop attacks

China's billions of dollars are at risk from a widening war in West Asia

The region became a hub for China's investments and a growing market for its steel, EVs and solar panels, now all at risk

China inflation hits 3 year high after holiday boost as oil shock looms

Core CPI, which excludes volatile items such as food and energy, hit 1.8 per cent - the highest since 2019

China raises nuclear capacity target despite missing earlier goals

The government last week set a goal of 110 gigawatts of nuclear capacity by 2030 in its latest five-year plan draft, a 76 per cent jump from the end of last year

China's 'smart economy' strategy spurs hunt for new stock winners

The latest signals from Beijing's political gathering have reinforced the view that tech self-reliance and industrial upgrading will anchor economic growth in the years to come

What China's latest economic plans say about tech ambitions, US rivalry

Two major economic plans unveiled at the annual meeting of China's legislature outline top priorities that have different ramifications for the global economy. In the government plan for 2026, the No. 1 task is "building a robust domestic market". Then comes accelerating technological progress. But longer-term, a plan for the next five years, gives more prominence to achieving advances in tech. The subtle difference highlights the government's balancing act. Its overarching goal is to transform from a low-cost manufacturing to a tech-driven economy. But a more immediate concern is dealing with a prolonged period of sluggishness that has depressed consumer and business confidence. China is such a large exporter that the choices it makes affect countries and jobs around the world. The plans, presented at the recent opening of the National People's Congress, offer a window into the government's thinking. They are set to be formally endorsed by the rubber-stamp legislature at the end o

China spurns G2 global co-governance, says world needs collective efforts

China on Sunday rejected the G2 concept of global co-governance between Beijing and Washington, saying that managing international affairs requires the collective efforts of all nations. Last year, US President Donald Trump described the meeting with his Chinese counterpart Xi Jinping in South Korea as a "G2 meeting", saying the two countries could work together for their benefit and that of the world. Asked whether China will accept the G2 or Group of Two framework to address global challenges, Foreign Minister Wang Yi said Beijing does not agree with the logic of co-governance by major powers. China will not tread the old path of "seeking hegemony when one becomes strong", Wang said during his annual press conference here. His comments came ahead of Trump's planned visit to China from March 31 to April 2, which would be the first trip to the country by a sitting US president since 2017. However, the US war on Iran cast a shadow over the proposed visit. China has not officially .

India, China should see each other as partners: Chinese foreign minister

India and China should view each other as "partners, not rivals" and "opportunity instead of threat", Chinese Foreign Minister Wang Yi said here on Sunday. Wang, at his annual press conference on the sidelines of the Chinese parliament, the National People's Congress (NPC), said both countries should stick to the direction set by Prime Minister Narendra Modi and President Xi Jinping to improve relations without interference. Modi and Xi had a successful meeting in Tianjin last August, Wang said. "Building on the fresh start enabled by their Kazan meeting in 2024, the Tianjin summit brought about further improvement in China-India relations," he added. "We are heartened to see re-energised interactions at all levels, a new record in bilateral trade, and closer people-to-people exchanges. All this has brought tangible benefits to the two peoples," he said. On the future course of the ties, Wang said both countries "must maintain the correct strategic perception of each other as partn