Category: Business

By Lukas Fiala  Walking through the halls at the Paris Air Show, the world’s largest aerospace exhibition, last week demonstrated once more the emergence of a novel chapter of China’s global outreach: high-tech aeronautics and aerospace cooperation. From the Aviation Industry ...

The biggest annual event in Africa-China trade kicks off in Changsha, Hunan Province, on Thursday, running until July 2. The third China-Africa Economic and Trade Expo is notable for two key reasons. First, it signals the full resumption of Africa-China trade relations ...

Chinese electric vehicle start-up Nio was recently near bankruptcy but is now on the rebound, helped in part by a sizable investment from CYVN Holdings, a smart mobility-focused investment fund majority-owned by the Abu Dhabi government. CYVN announced on Tuesday that it ...

The following is a summary translation of an article on Project Multatuli, written by journalist Permata Adinda, on the plights of nickel workers at Chinese-owned nickel firm Gunbuster Nickel Industry (GNI) in Central Sulawesi, Indonesia.  At about ten in the evening ...

The New Development Bank (aka the "BRICS Bank") wants to reduce the use of the U.S. dollar when it finances projects in developing countries. The head of the Shanghai-based lender, Dilma Rousseff, told the bank's annual meeting this week that the ...

Chinese auto major Geely, the country's fourth largest, is weighing a major expansion in Southeast Asia with the creation of a sales and manufacturing hub in Thailand. Thailand's Board of Investment met with five major Chinese EV makers, including Geely, during ...

This year opened with a clash that erupted between Indonesian and Chinese workers at Gunbuster Nickel Industry (GNI), a Chinese-owned nickel processing plant in Central Sulawesi, Indonesia, claiming lives from each side. It’s tempting to count the clash as evidence ...

A small group of entrepreneurs from Hong Kong and China is pioneering a new e-mobility business model in Kenya that aims to revolutionize the country’s ubiquitous motorbike taxis known as bodabodas. Tucked away in a garage in Nairobi’s Upperhill business district, ...

Chinese EV major BYD will launch its new compact electric crossover next month in South Africa. The BYD Atto 3 is a pretty standard EV with a range of about 420km. While car buyers in other countries might fret over the ...

The South African government announced in May that discussions around setting up a common currency will be on the agenda of the BRICS summit in August. Calls for the bloc, made up of Brazil, Russia, India, China, and South Africa, to work together to boost non-dollar trade have ...

First-quarter smartphone shipments to countries in the Mideast and Africa slumped to their lowest level in seven years, with some of China's top device makers all losing share. High inflation and weak local currencies are largely to blame for the downturn, according to analysts at the technology ...

A 58% year-on-year surge in exports in the first quarter of the year propelled China past Japan to become the world's largest auto exporting country. Sales to markets in Europe, Southeast Asia, South America and Africa together accounted for 40% of ...