Government subsidies received by leading players in China’s semiconductor industry – including foundries, chip design and packaging firms – jumped significantly last year, as Beijing doubled down on efforts to …
“This is new and surprising in that it has not been possible to enter into a concrete negotiation timetable in the last few weeks,” Habeck said in Shanghai. He said …
“Plenty of funds were leaking over the years,” he said, adding that the subsidies had benefited 3.8 million foreigners. A petrol station in Kuala Lumpur. Malaysia’s prime minister said “foreign …
Domestic tour bus operators have already been forced to increase their rates by as much as 35 per cent, after prices at the pump surged overnight to 3.35 ringgit (71 …
China Evergrande New Energy Vehicle Group (NEV) plunged by the most in nearly three years, after the Chinese government ordered the unit of China Evergrande Group to return all its …
The EU will delay a decision on whether to slap countervailing duties on Chinese-made EVs until after European elections that are scheduled for next month, reportedly to keep the politically …
The minimum 5-year mortgage rate has been reduced to 3.5 per cent for first homes from 4.1 per cent, and 3.9 per cent from 4.5 per cent for second homes. …
The electric vehicle (EV) unit of embattled real estate developer China Evergrande Group said liquidators are in talks with a potential buyer who may also extend a new line of …
The carmaking unit of troubled property giant China Evergrande has been asked by China’s local governments to return 1.9 billion yuan (US$267.7 million) of subsidies after the company failed to …
“Any targeted subsidy should not burden the majority of the people,” he added. Much of Malaysia’s cheap diesel has been poured into luxury sport utility vehicles and pickup trucks that …