China — Page 21

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US sanctions Mahan Air’s China network over alleged support for Iran’s IRGC

The United States sanctioned six entities and individuals, including China-based Shanghai Wings International Logistics and India's Skiez Travels, for allegedly supporting Iran's Mahan Air and the Islamic Revolutionary Guard Corps. The Treasury Department said the companies acted as general sales agents for the airline, which it accused of transporting weapons and personnel for the IRGC.

2 outlets · 2 articles Jul 30

Lee says S. Korea, Chile will reactivate committee to negotiate modernizing FTA

South Korean President Lee Jae Myung announced that South Korea and Chile have agreed to reactivate a joint committee to discuss modernizing their free trade agreement, which has been in effect since 2004. The leaders also agreed to deepen cooperation in critical minerals, defense, infrastructure, and public security, while the US tariff on Chilean imports adds a geopolitical backdrop.

2 outlets · 5 articles Jul 30

Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’

Carmakers are holding back on final investment decisions in UK factories until the government relaxes electric vehicle sales rules, according to the head of the car industry's lobby group. The business secretary has indicated the zero-emission vehicle mandate may be watered down, while production fell 7.5% in the first half of 2026. Separately, documents reveal major carmakers lobbied the government to revoke the 2035 ban on new petrol and diesel cars.

1 outlet · 2 articles Jul 30