Mass production of the roughly 35,000-euro ($37,345) vehicle, produced by a BMW and China’s Great Wall Motor Co Ltd joint venture, began late last year – shortly after the EU launched its probe. With production still, in the early days, the JV was unable to fulfill the European Commission’s survey to the level of detail […]
Li is embarking on a six-day tour of New Zealand and Australia, key trading partners that have both expressed concerns over China’s expanding influence in the South Pacific. Naturally, we don’t always see eye-to-eye with each other on everything, Li told reporters after a bilateral meeting with New Zealand Prime Minister Christopher Luxon. But such […]
China reserves the right to file a suit to the WTO and take all necessary measures to resolutely defend the rights and interests of Chinese companies Beijing’s commerce ministry spokesman He Yadong told a briefing. The European Union warned on Wednesday it would slap additional tariffs of up to 38 percent on Chinese electric car […]
Global demand is expected to “level off” at 106 million barrels per day (bpd) toward the end of this decade while overall supply capacity could reach 114 million bpd — resulting in a “staggering” surplus of eight million bpd that oil markets should prepare for, the IEA said. The forecast comes days after the OPEC+ […]
China has taken an insurmountable lead and now produces twice as many EVs as the US and the EU combined. Unable to compete, President Biden recently quadrupled tariffs on Chinese-made EVs to 100%. Similarly, the EU is deliberating levying 30-50% countervailing duties on Chinese EVs. However, unlike the US, the EU is observing due process […]
The documents were signed after Prime Minister Shehbaz Sharif and his Chinese counterpart Li Qiang held delegation-level talks, reaffirming that the Pakistan-China Strategic Cooperative Partnership was characterized by mutual trust, shared principles, and strategic governance. Prime Minister Shehbaz Sharif and Chinese Premier Li Qiang witnessed the ceremony as representatives from both sides signed the documents. […]
He mentioned that 500 Chinese companies and 100 companies from Pakistan participated in the forum. Additionally, successful bilateral negotiations were conducted with chinese companies, according to a press release received here today. The minister highlighted that during the Prime Minister’s current visit to China, detailed discussions were held regarding the promotion of business activities between […]
Meeting with Mr.Zhu Zhaojiang, founder and chairman of the Chinese company Transsion Holdings in Shenzhen. Prime Minister Muhammad Shahbaz Sharif met with Mr. Zhu Zhaojiang, founder and chairman of the Chinese company Transsion Holdings, in Shenzhen. During the meeting, interest was expressed in investment opportunities in Transsion Holdings’ mobile manufacturing unit in Pakistan and investment […]
Prime Minister Shehbaz Sharif sent an interior secretary to Kabul with a message to seek assistance from Afghanistan in the ongoing investigations into the Besham attack. Secretary Interior Muhammad Khurram Agha held talks with the Afghan interim deputy interior minister and shared evidence linking the attack on Chinese engineers with Afghan territory. A foreign office […]
The budget was originally due to be presented on June 7 but was delayed because Prime Minister Shehbaz Sharif visited Beijing from June 4 to June 8, said sources. Prime Minister Shehbaz Sharif will visit China from June 4 to 8 at the invitation of President Xi Jinping, the Ministry of Foreign Affairs (MoFA) said […]
