Category: Business

Chinese companies announced $9.5 billion worth of investments in Asia in the second quarter of the year, more than any other region, led by big bets on energy, automotive, and mining, according to new data from the Rhodium Group. The Chinese ...

China's exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country's leaders struggle to boost consumption in the world's second-largest economy. Overseas shipments expanded 8.7 percent on-year last month, according to China's General Administration ...

African leaders secured a wide range of commitments to enhance cooperation in infrastructure, agriculture, mining, trade, and energy sectors at China's largest summit in years. Bilateral meetings this week in Beijing on the sidelines of the Africa-China forum have resulted in ...

By Paulina Abramovich with AFP offices in Latin America Chilean truck driver Claudio Perez was dubious about his first purchase of a Chinese-made family car two years ago. But the price and quick delivery time convinced him, and now he is ...

Chile's largest steel plant announced on Wednesday that it had suspended operations because it could not sustain itself financially despite new tariffs on Chinese steel meant to protect local production. The Chilean government described the Huachipato plant's decision as "irresponsible." At ...

By Haitham El-Tabei For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheel drive favored by motorists in the desert kingdom. The ...

By Burcin Gercek Türkiye plans to draw on its geographical position and an EU customs deal to entice Chinese investors keen to access European markets tariff-free, as it recently just did with carmaker BYD. The ...

China's electric vehicle giant BYD on Monday signed a one-billion-dollar agreement with Turkey to open a plant in the country in a move that would help it dodge new EU tariffs. The signing ceremony in Istanbul between BYD's CEO Wang Chuanfu ...

By Damon Wake China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.

Transsion Holdings, the world’s fourth largest smartphone maker, is now eyeing Indonesia as its number one focus market in Southeast Asia. Engaging gaming communities, improving after-sales services, and innovative marketing are among Transsion’s top strategies to beat competitors in the archipelago, according to managers in Carlcare, ...

By Agatha Cantrill An executive from China's battery giant CATL said on Thursday that Western tariffs tied to electric vehicles present a "challenge" for the firm and are bad for customers as well. Citing unfair ...

The Indonesian arm of e-commerce firm Shopee has admitted violating anti-monopoly rules and agreed to change some of its operations, Indonesia's antitrust agency, or KPPU, said on Wednesday. The KPPU said in May it was monitoring the Indonesian units of e-commerce ...