June 28, 2024, 2:14 a.m.

Chinese state media: The EU's tariffs on Chinese electric cars are a miscalculation

After the European Union proposed to impose temporary countervailing duties on Chinese electric cars, Chinese state media published an article criticizing the EU for miscalculating its account and undermining fair competition in the name of maintaining fair competition.

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The United States is reportedly planning to further restrict China's access to chip technology for AI

The Biden administration is reportedly considering further restrictions on China's access to chip technology used in artificial intelligence, which would target new hardware technologies that are just entering the market and have not yet sprouting.

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Inbound tour bookings for the Dragon Boat Festival increased by 115%

China's Dragon Boat Festival holiday saw a 115% year-on-year increase in outbound travel bookings.

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Chang 'e-6 completes lunar orbit docking

China's Chang 'e-6 spacecraft completed a rendezvous and docking in lunar orbit Thursday, becoming the second Chinese spacecraft to do so after Chang 'e-5.

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In the first five months of this year, the total value of China's imports and exports of goods increased by 6.3 percent year-on-year

In the first five months of this year, the total value of China's imports and exports of goods increased by 6.3% year-on-year, according to the General Administration of Customs.

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Byd is one of nine Chinese carmakers allowed to test self-driving technology on roads

Byd, NiO and other nine Chinese domestic car companies will be allowed to test self-driving technology on roads.

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The search for new homes in 65 Chinese cities rose 5% in May from a month earlier

The report shows that in May, China's key 65 cities to find new housing heat rose 5% month on month.

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China allocates 6.44 billion yuan in subsidies for car trade-ins

China's Ministry of Finance announced that 6.44 billion yuan will be set aside to subsidize car trade-ins.

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Civil Aviation Administration of China: Passenger transport in 2023 increased by 146.1% over the previous year

According to the Civil Aviation Administration of China (CAAC), China's passenger transport volume in 2023 increased by 146.1% over the previous year, while 5,206 scheduled flight routes were established.

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China's Silk Road fund has sold its stake in Italian tyremaker Pirelli

China's state-backed Silk Road Fund is selling its stake in Italian tyremaker Pirelli for about €512 million (S $748 million). Rome last year took steps to limit investors' influence over Pirelli on national security grounds.

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