Tesla CEO Elon Musk expects that the electric car maker will have the technology needed to essentially operate vehicles without drivers by the end of the year. The entrepreneur made the comment on a podcast with Cathie Wood and Tasha Keeney of ARK Invest, a firm that owns shares in the company. Tesla’s automated driver […] Read more
The logo of Huawei Technologies is pictured in front of the German headquarters of the Chinese telecommunications giant in Duesseldorf, Germany, February 18, 2019. The head of China’s Huawei Technologies in Germany told a German newspaper that the Chinese government does not get involved in the company’s business, adding the firm would work on being […] Read more
By Daniel Shane After a tough 2018, global automakers look set for another bruising year. Data published Monday show that the slowdown in China, the world’s biggest car market, is getting worse. And the United States is considering imposing tariffs on imported cars, a move that would hit global brands hard. Passenger car sales in […] Read more
Pakistan-based group’s claim of responsibility poses foreign policy challenge to Indian prime minister Questions raised on claims of a ‘reset’ in relations following the summit meeting in Wuhan By: Debasish Roy Chowdhury A terror strike on Indian security forces in the country’s restive Jammu and Kashmir province has raised renewed questions in India on China’s […] Read more
Trade talks between the US and China have broken up without a deal, with the US warning that “very difficult issues” remain unresolved. The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March. China said negotiations would now continue in the US next […] Read more
China and the United States have agreed to continue talks in Washington next week after two days of negotiations in Beijing produced “progress” but not enough to seal a deal to end the trade war, a source briefed on the talks said. “Talks will continue next week among the same group of people, but at […] Read more
With the Chinese economy slowing, concern has increased among Chinese policymakers about the outlook for employment, since ensuring a sufficient number of new jobs is seen as a necessary ingredient in maintaining social stability in the country. Employment was the top priority the Politburo set last July when it shifted its economic policy focus to […] Read more
China’s surprise pledge this week to buy more American soybeans has failed to convince US farmers that brighter days lie ahead. In a meeting with Donald Trump in the Oval Office on Thursday, Liu He, China’s vice-premier and lead trade negotiator, told the US president and his advisers that China was committed to purchasing another […] Read more
Chinese consumer spending is in better shape than indicated by retail sales data, analysts say, in what could be a positive sign amid a disconcerting slowdown in the world’s second-largest economy. Retail sales growth may have faltered in 2018, but experts say that’s only one piece of the puzzle in an increasingly complex consumer landscape. […] Read more
China has vowed to defend the interests of Chinese companies and expressed its concern after the United States’ announcement of criminal charges against telecoms giant Huawei, denouncing the move as politically motivated and immoral. Chinese foreign ministry spokesman Geng Shuang said that the US should halt what he called unreasonable suppression of Chinese companies and […] Read more
