SpaceX, Elon Musk's space transportation company, on Monday named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.
German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.
China said on Tuesday it has no choice but to retaliate against new U.S. trade tariffs, risking even stronger action from President Donald Trump in an escalation of the trade war between the world's largest economies.
The United States did not include rare earth elements, metals used in magnets, radars and consumer electronics, from its final list of tariffs on $200 billion of Chinese goods, underscoring its reliance on China for the strategic minerals.
China's foreign ministry said on Tuesday that talks on an equal footing are the only correct way to resolve trade issues with the United States, after U.S. President Donald Trump imposed 10 percent tariffs on about $200 billion worth of Chinese imports...
China has no choice but to retaliate against the latest U.S. tariffs and hopes the United States would correct its behavior, the commerce ministry said on Tuesday in a statement, without specifying what actions it will take.
Asian shares rebounded on Tuesday as Chinese markets proved resilient to a new round of tariffs from the United States although the mood was cautious as investors braced for a further escalation of tensions between the two giants.
The impact on China's economy from Beijing's and Washington's ongoing trade war is not significant, but the impact on stock and currency markets needs to be watched, an adviser to China's central bank said on Tuesday.