Category: Business

Chinese electric vehicle (EV) manufacturers are increasingly shipping their products to African countries, where first-time car owners are turning to more affordable models from lesser-known Chinese manufacturers, such as Neta and Xiaohu. While the small manufacturers have struck a ...

For Chinese entrepreneurs eyeing East Africa, one question looms large: Tanzania or Kenya? Longtime Africa WeChat commentator Xiao Nie (小聂说事儿), who spent 3 years in Tanzania and 11 years in Kenya, cuts through the debate with a vivid analogy: “Tanzania is East Africa’s factory floor; Kenya ...

Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and alleged slave labor conditions at a build site, according to legal documents seen by AFP Thursday. The case concerns 220 Chinese workers found last ...

Indonesia's sovereign fund Danantara is coordinating with three to four unnamed Chinese companies to invest in EVs, batteries, and data centers, signaling a deepening of bilateral industrial alignment and an attempt to position Indonesia as a critical node in Asia's clean-tech value chain. ...

China and Indonesia launch a sovereign investment alliance, proposing a China–ASEAN fund that may reshape the capital architecture of Southeast Asia, signaling a shift from infrastructure-led debt diplomacy to equity-driven economic realignment. Indonesia’s newly established sovereign wealth fund, Danantara, has ...

Indonesia and China have renewed and expanded a key financial agreement to promote the use of local currency in bilateral transactions and cross-border payments QRIS. Bank Indonesia and the People's Bank of China signed the updated Memorandum of Understanding (MoU) at the Merdeka Palace in Jakarta ...

Syria said Thursday it had signed a memorandum of understanding with a Chinese company to invest in free zones for 20 years. The General Authority for Land and Maritime Ports said on X that it had signed a "strategic agreement" with ...

Iraq signed a major energy deal Wednesday with a Chinese petrol company in the southern province of Basra, aiming to boost oil production and build a refinery and electricity plants. China has gained a major foothold in oil-rich Iraq in recent ...

Ride-hailing in Africa has long been dominated by global giants like Uber and Bolt—especially in Kenya, East Africa’s tech innovation hub. But as the electric vehicle movement gathers momentum, a new wave of local startups ...

Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far this year. A global leader in ...

Chinese battery giant CATL makes its debut on the Hong Kong stock exchange on Tuesday, with the firm aiming to raise $4 billion in the largest initial public offering (IPO) in the city so far this year. A global leader in ...

Chinese electric vehicle giant BYD has become the best-selling car brand in Singapore for the first time, surpassing Toyota and far outselling Tesla in the first four months of 2025, according to newly released government data. The milestone marks a significant ...