German automaker Volkswagen and Chinese electric car firm Xpeng announced Monday plans to expand new super-fast charging stations across China, opening their networks to each other.

China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday. The companies have signed a memorandum of understanding to open their respective fast-charging networks to each other's customers,

Key Takeaways XPeng and Volkswagen will work together to build a network of electric vehicle charging stations in China. The two carmakers expect to produce more than 20,000 charging units to be installed in 420 cities.

China slammed the U.S. Treasury's sanctions against cybersecurity firm Integrity Technology Group for its alleged role in hacking incidents.

On Friday, the Treasury Department imposed sanctions on Chinese company Integrity Technology by restricting its access to U.S. property and bank accounts.

China has slammed a decision by the U.S. Treasury to sanction a Beijing-based cybersecurity company for its alleged role in multiple hacking incidents targeting critical U.S. infrastructure

Taiwan suspects China of being behind damage to a crucial subsea communications cable just off its northern coast, which occurred last week.

Taiwan has asked South Korea for assistance investigating a Chinese-owned ship suspected of cutting a subsea cable off its northern coast on Friday. Taiwan telecoms operator Chunghwa Telecom and the Taiwan Coast Guard said on Saturday that the cargo vessel Shunxing39 was believed to have caused damage to a communications cable — close to the port of Keelung on Taiwan’s north coast — on the morning of January 3.