Chinese electric-vehicle makers led by BYD beat Tesla in the competition to produce affordable electric vehicles. Now, many of those same fierce competitors are pulling into the passing lane in the global race to produce self-driving cars.

Oil prices edged up on Tuesday as market participants waited for the outcome of U.S.-China talks that could pave the way for easing trade tensions and improve fuel demand.

Huawei Technologies’ (HWT.UL) chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday.

China’s car sales rose for a fourth consecutive month in May, but slower increases across major automakers highlighted concerns over aggressive price competition in the world’s largest auto market.

U.S. President Donald Trump’s erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia.

China’s new yuan loans more than tripled in May compared with a month ago, matching the borrowing appetite in the same period last year, as a temporary trade truce between China and the United States and new government measures helped boost credit demand.

Frank Eckard, CEO of a German magnet maker, has been fielding a flood of calls in recent weeks. Exasperated automakers and parts suppliers have been desperate to find alternative sources of magnets, which are in short supply due to Chinese export curbs.

A new Boeing 737 MAX landed back in China on Monday, flight tracking data showed, a sign the U.S. planemaker was resuming deliveries to Chinese customers as Beijing and Washington ease their tariff war.

China said that by the end of this year all tertiary level hospitals must offer epidural anaesthesia during childbirth, a move it said would help promote a “friendly childbearing environment” for women.

Starbucks will lower prices of some iced drinks by an average of 5 yuan ($0.70) in China, the company said in a post published on its Weixin social media account on Monday.