Nio says it won’t join the ‘price war’ and slash prices like Tesla
SHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told…
U.S. looks to hold Russian forces accountable for war crimes; West condemns Kremlin critic’s 25-year jail sentence
This was CNBC’s live blog tracking developments on the war in Ukraine on April 17, 2023. See here for the…
China sanctions U.S. Congress member for Taiwan visit
China sanctioned a United States lawmaker Thursday for his visit to Taiwan, saying he violated the “One China” principle that…
WTA set to return to China in September despite uncertainty over Peng Shuai’s situation
CNN — The Women’s Tennis Association (WTA) announced Thursday that it will return to hosting tournaments in China in the…
Most Americans are not confident in how China’s Xi will handle world affairs, Pew survey finds
Most U.S. adults in a survey say they have little confidence that Chinese President Xi Jinping will “do the right…
Zelenskyy slams ‘beasts’ in gruesome beheading video; Kremlin calls footage ‘terrible’
This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Ukrainian President…
Warren Buffett-backed BYD announces new shock absorption tech for premium EVs
SHENZHEN, China — Electric vehicle giant BYD is banking on new driver-assist technology to smooth out car rides. BYD, backed…
Commerce officials heading to China to lay groundwork for possible Raimondo trip later this year, sources say
Senior officials from the Department of Commerce will be traveling to Beijing and Shanghai next week as part of an…
France’s Macron, EU chief call on China to mediate in Ukraine war
Two of Europe’s top political heavyweights on Thursday held talks with China’s President Xi Jinping, at a time when the…
IMF says U.S-China tensions could cost the world about 2% of its output
The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…
