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US and China to publish details of 'substantial' trade talks in Geneva
US and China to publish details of 'substantial' trade talks in Geneva
Economy
by  AFP

The United States and China are set to provide details on Monday of the "substantial progress" made during talks in Switzerland over the weekend aimed at cooling trade tensions ignited by President Donald Trump's sweeping tariffs. In a statement, the White House hailed what it called a new "trade deal" with China, without providing any additional details.

Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO
Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO
Economy
by  AFP

Chinese EV battery giant CATL aims to raise $4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to the bourse Monday, making it the largest IPO expected in the city so far this year. In December, CATL announced that it would work with automotive giant Stellantis on a $4.3 billion factory to make EV batteries in Spain, with production slated to begin by the end of 2026.