WASHINGTON - China's holdings of US Treasury bonds in September hit their lowest in a year, but the country remained the largest foreign buyer of US government debt, statistics released Friday by US Department of the Treasury showed.
WASHINGTON - The US House of Representative will vote on a one-week stopgap funding bill on Wednesday to avoid a federal government shutdown and provide more time for lawmakers to negotiate a deal in COVID-19 relief and government funding, a top House Democrat said on Monday.
Volkswagen is by a long way the best-selling car brand in China, which has been its largest market worldwide.
WASHINGTON - A three-vehicle crash involving a FedEx tractor-trailer on Tuesday killed three people with at least five injured in southeastern US state Florida, the authorities said.
Volkswagen is planning to introduce its electric car-only MEB platform into the joint venture, and the plant will have an annual production capacity of 350,000 vehicles, said Volkswagen Group China CEO Stephan Woellenstein.
WASHINGTON - An escalation of US-China bilateral tariffs will shave off trillion from the US economy in a decade and inflict a particular damage on the information and communications technology (ICT) sector, according to a recent study released by the US Chamber of Commerce.
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Vitasoy International Holdings Limited, a Hong Kong-based beverage giant, launched a series of new products on Wednesday in Guangzhou, the capital of Guangdong province, to meet the growing demands on the Chinese mainland for high-end health drinks.
WASHINGTON - A brief US government shutdown ended on Friday after Congress passed and President Donald Trump signed into law a wide-ranging deal that is expected to push budget deficits into the trillion-a-year zone.
Volkswagen's all-electric I.D. Crozz concept and upcoming Tiguan L plug-in hybrid electric vehicle were also showcased at the event. The brand's first electrified SUV to be locally built, the Tiguan L PHEV will hit the market this year, and the I.D. Crozz will be offered as part of the I.D. Family, coming to China from 2020.
WASHINGTON - US President Donald Trump is heading into one of the most challenging weeks of his presidency, juggling a renewed healthcare push and a looming budget deadline. It's all complicated by a potential showdown with Democrats over paying for a border wall.