The announcement is among the few concrete deliverables from President Donald Trump’s summit with Chinese leader Xi Jinping last week.

Both Nvidia's earnings and its commentary on its financial report are expected to be big tests for U.S. equities.

For the past three decades, China has been a nation of homeowners. But a slowing economy and crisis-battered housing market could upend that.

CEO Tim Cook was one of a handful of U.S. executives to participate in the Trump administration's delegation to Beijing this week. It was a potentially high-stakes trip to China, the first by a sitting U.

BEIJING, May 18 (Reuters) - Chinese electric vehicle maker Xpeng said on Monday it had begun mass production of its first robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027.

The country’s export machine continues to hum but its economic growth has become increasingly lopsided.

The meeting between U.S. President Donald Trump and Chinese President Xi Jinping last week yielded new pacts, though the sides have provided differing details.

BEIJING, May 18 (Reuters) - China's industry ministry on Monday made public a tougher plan for steel capacity swap to reduce existing capacity and address new challenges facing supply and demand, a statement on the ministry's website showed.