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Chinese battery investment concentrated in 8 Moroccan areas Korea ‘excluded’ in the face of U.S. subsidies As Chinese battery investment is concentrated in Morocco in North Africa, Korea's share is decreasing as it becomes a new confrontation site for U.S. subsidies. Chinese manufacturers have begun investing in an unexpected place: Morocco, as the United States moves to boost domestic electric ..

US subsidies for Chinese electric car production in Mexico, Apple abandons electric cars, Honda sells hydrogen electric cars Apple gave up on the electric vehicle business, and Chinese electric vehicles received U.S. subsidies at their Mexican plants, opening the way for them to enter the U.S. and Korean markets. Chinese-headquartered vehicles and parts produced in Mexico could not only receive ..

The G7 finance ministers' meeting resolved to "strengthen cooperation with low-income partners in the supply chain" in a statement on "global economic uncertainty." “Financial instability has led to uncertainty about the global economic outlook, and we will continue to closely monitor developments in the financial sector,” said the G7 Finance Ministers and Central Bank Governors Conference in a ..