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China's exports seen growing at faster pace in September: Reuters Poll

China's exports seen growing at faster pace in September: Reuters Poll

BEIJING, Oct 13 (Reuters) - China's exports are expected to have expanded at a slightly faster pace in September, sustaining robust momentum despite pressure from some trading partners and remaining an economic growth driver.
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China Unveils 19-Measure Policy Package to Drive Growth Through AI and Industrial Upgrading

China Unveils 19-Measure Policy Package to Drive Growth Through AI and Industrial Upgrading

China Unveils 19-Measure Policy Package to Drive Growth Through AI and Industrial Upgrading
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USTR Initiates Investigations into Manufacturing Overcapacity Across 16 Trading Partners

USTR Initiates Investigations into Manufacturing Overcapacity Across 16 Trading Partners

USTR Initiates Investigations into Manufacturing Overcapacity Across 16 Trading Partners
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China's $7.5 billion EU hybrid boom faces new curbs under China-EU deal

China's $7.5 billion EU hybrid boom faces new curbs under China-EU deal

SHANGHAI/BEIJING, Oct 12 (Reuters) - China's deal with the European Union to curb exports of hybrid vehicles to the bloc is a fresh hit to Chinese EV makers that have ramped up hybrid shipments exempt from EU tariffs on Chinese-made EVs, as sales growth slows at home.
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Chinese carmakers increasingly rely on overseas markets as September exports surge

Chinese carmakers increasingly rely on overseas markets as September exports surge

A Chinese industry association says passenger car exports surged 64% in September compared to the same month last year
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China's carmakers rely on overseas markets as monthly domestic sales decline continues

China's carmakers rely on overseas markets as monthly domestic sales decline continues

China’s passenger car exports rose 64% in September compared with the year-earlier period, according to a Chinese industry association, as automakers increasingly rely on overseas markets to drive growth amid sluggish domestic sales
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African Nations Advance Towards Integrated Electricity Market with International Support

African Nations Advance Towards Integrated Electricity Market with International Support

African nations are making significant strides towards establishing a unified continental electricity grid and a single electricity market, known as the African Single Electricity Market (AfSEM). This initiative aims to integrate national grids through cross-border transmission networks and policy harmonization, allowing states to trade electricity on shared terms. Key partners in this endeavor include the African Development Bank (AfDB), the World Bank, and the European Union. A related project, Mission 300, supported by the Global Energy Alliance for People and Planet, the Rockefeller Foundation, and Sustainable Energy for All, seeks to connect 300 million Africans to sustainable electricity by 2030. The African Union (AU) provides the overarching vision through its Continental Master Plan (CMP) for power generation and transmission, which outlines a roadmap for an integrated continental grid. Existing regional power pools, such as the Southern African Power Pool (SAPP) and the West African Power Pool (W...
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Model blitz at Paris motor show as Europe-China rivalry heats up

Model blitz at Paris motor show as Europe-China rivalry heats up

By Nick Carey and Giulio Piovaccari PARIS, Oct 12 (Reuters) - Europe's car industry fought back against rising Chinese competition at the Paris car show on Monday with a wave of new model launches and fresh support from Brussels, even as Chinese automakers expanded their push into the region.
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European, Chinese automakers launch product blitz at Paris car show in fight for market share

European, Chinese automakers launch product blitz at Paris car show in fight for market share

By Nick Carey and Giulio Piovaccari PARIS, Oct 12 (Reuters) - European and Chinese automakers were expected to unveil as many as 60 new models at the Paris car show on Monday, as the fight for car buyers' attention on the continent continues to intensify.
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China and EU Reach 'Shared Understandings' on Hybrid Cars and Rare Earths Amid Trade Tensions

China and EU Reach 'Shared Understandings' on Hybrid Cars and Rare Earths Amid Trade Tensions

China and EU Reach 'Shared Understandings' on Hybrid Cars and Rare Earths Amid Trade Tensions
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European EV Tariffs Fail to Curb Chinese Carmakers' Advance, Shifting Production Locations Instead

European EV Tariffs Fail to Curb Chinese Carmakers' Advance, Shifting Production Locations Instead

The European Union's policy of layering additional duties of up to 35% on electric vehicles (EVs) assembled in China, on top of its standard 10% import duty, has not effectively curbed the advance of Chinese carmakers. While the share of Chinese-built EVs in the EU market fell from 22% in 2024 to 17% by Q1 2026, this decline was primarily due to Western brands, including European manufacturers and Tesla, moving their production out of China. Chinese carmakers, conversely, now account for over half of all Chinese-built EV imports into the EU, a near-inversion of the policy's original intent. Even with tariffs, cars built in China remain approximately 21% cheaper than comparable European EVs, indicating that the tariffs have narrowed the price gap but not closed it.
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China and EU Emphasize Dialogue and Cooperation to Stabilize Trade Amidst Global Uncertainty

China and EU Emphasize Dialogue and Cooperation to Stabilize Trade Amidst Global Uncertainty

China and the European Union have highlighted the importance of dialogue and cooperation to address trade uncertainties and maintain stable economic ties, according to a Chinese trade expert following recent high-level talks in Beijing. The second meeting of the China-EU trade and investment consultation mechanism, co-chaired by Chinese Minister of Commerce Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic, concluded with a joint statement outlining 16 areas of consensus. These areas include trade and investment balance, export controls, intellectual property rights, and World Trade Organization (WTO) reform. Both sides agreed to explore the possibility of reducing tariffs on certain goods within WTO rules and reached an understanding regarding trade in hybrid vehicles. The discussions underscored the potential for deepening economic and trade cooperation by resolving differences through negotiations and fostering a more stable and predictable environment for businesses.