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China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: FTSoftbank had agreed to buy ABB's robotics business in October last year, as CEO Masayoshi Son sought to establish SoftBank as a core player...- China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: ReportChina has informed Japanese investor SoftBank that it will block the $5.4 billion acquisition of ABB's robotics segment. This decision is d...
- AI startup Manus resumes independent operations after China blocks Meta’s $2 billion dealManus has now resumed independent operations after the regulatory intervention in the deal. The company informed users about data backups n...
- China orders immediate halt to refined fuel exports amid Middle East conflict, sources sayEffective March, China will cease exports of refined fuels, including gasoline, diesel, and aviation fuel, as a measure to secure its domes...
- China to roll back clean power subsidies after boomChina plans to reduce renewable energy subsidies after a significant surge in solar and wind power installations led to achieving its 2030 ...
- China's state planner warns intensified EV price war on oversupplyChina's NDRC expects increased competition in electric cars and plug-in hybrids due to oversupply. Market to see 110+ new energy vehicle mo...
- China's Xiaomi wins state planner nod to make EVs amid glut in autosXiaomi Corp has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the mat...
- China to keep daily coal output at more than 12 million tonnes amid global price surgeBenchmark spot thermal coal prices at Newcastle Port have soared 35% over the past week to a record $353.75 a tonne, stoked by fears of wor...
- In a first, France joins China to build USD 1.7 billion global infra projectsFrance is the first country to establish the third-party market intergovernmental cooperation mechanism with China, the NDRC said. The Fren...
- China tightens scrutiny of offshore listings in some sectorsChinese companies in sectors prohibited for foreign investment "should get clearance from relevant Chinese regulatory bodies, if they seek ...
- China sets target for coal use at power plants by 2025The country also plans to complete flexibility adjustments at 200 gigawatts of coal-fired power capacity in 2021-2025, which would help tra...
- China further lifts barriers to foreign investmentFrom July 28, the negative list approach, which identifies sectors and businesses that are off-limits or restricted, will be implemented na...
- China to step up investments in infrastructureNDRC approved 34 billion yuan ($5.56 billion) for transportation infrastructure, which included railways, roads, airports and waterways.
- China to punish Audi, Chrysler for monopolistic practices: Stepping up pressure on foreign carmakers in the world's biggest auto market, China today said it will punish auto giants Chrysler and Au...
- China slaps fine on Samsung, LG, 4 others for price-fixing of LCD panelsChina today penalised Samsung and LG, along with four firms from Taiwan for manipulating the prices of liquid crystal display (LCD) panels ...
- China to lower gasoline, diesel pricesChina will lower the per-tonne retail prices of gasoline and diesel by 530 yuan (USD 84) and 510 yuan, respectively, from tomorrow.
- China to permit foreign banks to borrow $24 billion this yearChina's NDRC said foreign-funded banks are allowed to borrow as much as $ 24 bn of medium & long-term external debt this year.
- Noodle 'price rigging' in ChinaAmid soaring food prices, China's top economic planner has determined that the China branch of the International Ramen Manufacturers Associ...
- High energy consuming industires perform well in China Q1NDRC figures also show that exports of these products saw increase by a large margin.
- TCS's China JV to be operational by year-endSoftware major TCS plans to hike its headcount in Latin America, while its joint venture with Microsoft and NDRC in China is scheduled to k...
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