Xpeng holds a launch event in Cairo this June for two EV models in Egypt. (Xpeng)
Electric cars in China

China EV makers Neta, Xpeng turn to Africa amid European backlash

Emerging markets gain shine as Europe preps higher tariffs on China-built models

3 July 2024
Geely Automobile Holdings has upgraded its 2024 export target to 380,000 units from 300,000, despite new European Union tariffs set to affect the company.
Automobiles

Geely raises annual export target on eve of European punitive tariffs

Chinese automaker stresses 'limited' impact while feeling pinch in premium EV brand

3 July 2024
Tata Steel workers in Port Talbot and Llanwern have suspended a strike as talks between their trade union and company continue over future investment. 
Work

Tata Steel workers in U.K. suspend strike action

Around 1,500 workers at Port Talbot, Llanwern were due to begin indefinite strike

1 July 2024
German Economy Minister Robert Habeck, left, with Zheng Shanjie, chairman of China's National Development and Reform Commission, before in Beijing on June 22.
Electric vehicles

China and EU set for talks on planned EV tariffs

German economy minister hails pledge for concrete negotiations

23 June 2024
The European Union's move to slap higher tariffs on Chinese electric vehicles is drawing pushback from Germany and its automakers. (Nikkei montage/Photos by Reuters)
Automobiles

German automakers pressure EU leaders to drop China EV tariffs

European Commission's move politically driven, harms local industry, insiders say

22 June 2024
Visitors check out BMW's exhibit at the Beijing auto show in April. China has hinted at raising tariffs on European cars with high-displacement gas engines, with state media warning "BMW and Mercedes-Benz will bear the brunt."
Trade

China, Europe in EV tariff stare-down as Beijing drops retaliation hints

With two weeks before levies kick in, observers weigh possible deal or 'limited' payback

20 June 2024
EVs to be loaded for exported in Yantai, China in March: Prospects for European companies producing EVs on the continent are grim. (FeatureChina via AP Images)
Opinion

Managed trade isn't good but is best way forward for China and EU

Planned EV tariffs could set off tit-for-tat retaliation that would hurt both sides

18 June 2024
Chinese EV models are likely to remain cost-competitive in Europe even with additional tariffs imposed on them.
Automobiles

EV tariffs expected to slow but not halt China's drive into European market

EU move against 'unfair' state support could spur BYD and others to localize production

13 June 2024
A BYD container ship at the German port of Bremerhaven. The European Commission is poised to slap import tariffs on Chinese EVs. 
Trade war

EU slaps additional duties of up to 38% on Chinese EVs

Beijing threatens retaliation as negotiations begin to avoid application of new tariffs

13 June 2024
A solar farm in Cestas, France. The overcapacity of solar panel production has been a particular problem for European manufacturers.
Energy

China solar panel glut squeezes European suppliers as prices plunge

With plants closing, EU industry groups warn of bankruptcy risk without support

1 June 2024
U.S. Treasury Secretary Janet Yellen holds a news conference in Stresa, Italy, on May 23 ahead of the meeting of Group of Seven finance ministers and central bank governors.
Trade

Yellen cites China overproduction as G7 ministers meeting opens

Italy finance ministers gathering to grapple with fragmentation of global trade

24 May 2024
Isabel Schnabel, a member of the European Central Bank's executive board, discussed the bank's interest rate path. (Photo by Marlies Matthes)
Interview

Transcript: ECB board member Isabel Schnabel speaks with Nikkei

'Last mile of disinflation is the most difficult,' central bank policymaker says

17 May 2024
Isabel Schnabel, a member of the European Central Bank's executive board, spoke with Nikkei on May 13. (Photo by Marlies Matthes)
Economy

ECB hawk Schnabel open to June rate cut, urges 'cautious' approach after that

Further easing in July 'does not seem warranted' based on current data

17 May 2024
BYD cars are prepared for export at the port of Lianyungang, China: More than half of EVs being sold worldwide are made in the country.
Opinion

West must face up to paradox of green transition

Importing Chinese products will be cheaper and faster but hurt local suppliers

16 May 2024
A BYD vehicle carrier prepares to ship EVs to Brazil from Lianyungang port in China.
Electric cars in China

China EVs soar in Brazil, threatening Fiat, GM and VW dominance

BYD, Chery and Great Wall look to Latin America as trade tensions with West flare

11 May 2024
Final production at Meyer Burger's solar module factory in Freiberg, Germany in March: Solar manufacturing in the country has declined alongside government subsidies. 
Opinion

Cheap Chinese solar panels are a blessing for Europe, not a curse

Costly attempts to rebuild domestic production would defy economic logic

7 May 2024
Gold represents three-quarters of India's imports from European Free Trade Association nations.
Opinion

New European trade pact marks a milestone for India

Agreement provides model for aligning trade and foreign direct investment

30 April 2024
Knot's statements suggest that the ECB would be willing to start reducing its policy rate ahead of the U.S. Federal Reserve.
Interview

ECB rate cut in June 'realistic,' says Dutch central bank chief

Knot cites declining inflationary pressure in eurozone

30 April 2024
A concept model of the Global Combat Air Programme's fighter jet is displayed at a defense show in Japan in March 2023.
Opinion

U.K. is committed to Indo-Pacific security and stability

New agreements demonstrate support for free and fair trade

17 April 2024
Chinese President Xi Jinping and German Chancellor Olaf Scholz find some common ground in talks in Beijing. (Screenshot from Chancellor Olaf Scholz's X account)
International relations

China relaxes German farm product controls in drive to win friends

Under U.S. pressure to curb exports, Beijing seeks closer ties elsewhere

16 April 2024
Indian Prime Minister Narendra Modi, center, wearing a saffron cap, on the election campaign trail near Delhi on April 6. He is aiming for a third-straight term as head of the world's biggest democracy.
Your Week in Asia

India votes, China GDP and Germany's Scholz meets Xi in Beijing

Your weekly lineup of Asia's biggest business and political events

14 April 2024
French President Emmanuel Macron, right, has tried to build personal rapport with China's Xi Jinping. Last April, they spent seven hours together in China.
Opinion

Germany and France have to form a common front toward China

Insubstantial Ukraine pledges will not justify watering down trade complaints

11 April 2024
Companies from the Netherlands display goods in Ho Chi Minh City. Vietnam has drawn on Dutch experience developing dikes and high-yield crops on limited land. (Photo by Lien Hoang)
Trade

From airports to green farms, Vietnamese and Dutch companies sign 18 deals

Both nations have strategic sea locations and are exposed to climate shocks

23 March 2024
A sake-tasting event in Brussels on March 11. (Photo by Takashi Tsuji)
Trade

Sake's narrow escape from EU ban highlights trade blind spot

Japan made last-minute efforts to exempt the beverage from packaging regulation

16 March 2024