In a call with China’s vice-foreign minister Sun Weidong on Thursday, Japan’s ambassador Kenji Kanasugi “strongly urged” Beijing to share detailed information about the incident, which was the second targeted attack on Japanese schoolchildren in China in recent months.

Japan's ambassador to Beijing has asked for more security for Japanese nationals in China after a 10-year-old Japanese boy was killed this week in a knife attack that was the second to target school students.

The U.S. Energy Department said Friday it plans to award $3 billion to 25 battery manufacturing sector projects in 14 states as the Biden administration works to shift the supply chain away from China.

American Battery Technology Co. and lithium-producer Albemarle Corp., are among 25 companies getting more than $3 billion in funding from the Biden administration to boost domestic production of advanced batteries and components.

Chinese banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.

China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, despite the Federal Reserve delivering an outsized interest rate cut earlier this week. The one-year loan prime rate (LPR) was kept at 3.