Category: Business

Investors from China and Hong Kong committed nearly $922 million to Thailand from January to August 2025, the Ministry of Commerce said. Total foreign projects approved reached about $6.27 billion, up 125% from a year earlier. ...

Indonesia's antitrust agency has fined TikTok $900,000 for failing to notify regulators in time about its acquisition of e-commerce platform Tokopedia, an official said on Monday. TikTok, owned by China's ByteDance, completed an $840 million deal in January 2024 to acquire ...

China’s BYD expects to export 800,000 to 1,000,000 EVs in 2025, about a fifth of its 2025 sales as it moves more cars on its own vessels and adds capacity overseas. “We estimate that the proportion of our overseas sales would ...

This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service launching in Summer 2025. China’s rapid expansion of electric vehicle (EV) ownership highlights significant gaps in the auto-insurance sector, offering ...

A Johannesburg court recently sentenced seven Chinese nationals to 20 years in prison each for trafficking 91 Malawian workers and forcing them into labor at a textile factory. The high-profile ruling has not only drawn headlines, but also triggered a new wave of enforcement pressure on ...

China and Indonesia on Thursday launched a local-currency settlement framework for bilateral transactions. Both countries also began a two-way trial of cross-border QR code payments. The central bank chiefs called the steps important milestones. Bank Indonesia said the local-currency scheme ...

China’s BYD led among Chinese EV brands in Indonesia in August with 2,562 wholesale units as the overall car market fell year on year. Aion finished ahead of Denza, sharpening competition among Chinese marques under Indonesia’s EV tax breaks. Indonesia’s ...

A South African court sentenced seven Chinese nationals to 20 years in prison Wednesday for forcing more than 90 Malawians, some as young as 14, to work in a Johannesburg sweatshop. Africa's most industrialised nation is a magnet for undocumented migrants ...

This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service launching in Summer 2025. Across Africa, the electric vehicle (EV) market is as diverse as its geography and tariff jurisdictions; ...

When the Indonesian Chamber of Commerce and Industry (Kadin) opened its doors to Xinjiang’s state-linked conglomerates this month, the event was billed as a milestone in deepening trade ties. Executives from Jakarta and Urumqi spoke glowingly of “mutual respect” ...

This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service launching in Summer 2025. This week, news broke of Chinese automaker Changan's plans to unveil an electric vehicle (EV) with ...

Two of China’s biggest delivery giants are exporting not just their business models but also their worst habits. In Brazil, Didi’s 99Food and Meituan’s Keeta have turned a promising overseas expansion into a spectacle of lawsuits, exclusivity deals, and copycat branding so absurd that instead of toppling ...