Feature Tesla cuts prices by $2K in China, echoing US Aya El Sayed Apr 21, 2024 0 Tesla, the electric vehicle (EV) manufacturer, slashed prices by nearly $2,000 across its models in China,…
Industry & Trade China’s commercial vehicle sales jump 10% in Q1 Nada Ali Apr 21, 2024 0 China's commercial vehicle market saw a significant boost in the first quarter (Q1) of 2024.
News Ethiopia-Djibouti railway earns $50m in 9 months Nada Ali Apr 17, 2024 0 The China-built Ethiopia-Djibouti railway has been successful, generating 2.84 billion Ethiopian birrs ($50…
International News China’s c. bank injects $281.6m into banking system Nada Ali Apr 17, 2024 0 China's central bank announced a move to inject liquidity into the banking system on Wednesday, by conducting two…
Tech news VW, Xpeng team up to develop affordable EVs for China Nada Ali Apr 17, 2024 0 Volkswagen (VW) announced a collaboration with Chinese electric carmaker Xpeng to develop a new electrical…
Feature China’s yuan edges up slightly against US dollar Nada Ali Apr 17, 2024 0 The Chinese yuan saw a small gain against the US dollar on Wednesday, Xinhua reported. The central parity rate, a…
Banks China injects $28.16b early boost to ’24 investment plans Nada Ali Apr 17, 2024 0 China is ramping up its economic stimulus by allocating over 200 billion yuan ($28.16 billion) early this year,…
Feature IMF board passes amendment to grant more freedom to assist countries in crisis Aya Anwar Apr 17, 2024 0 The International Monetary Fund's (IMF) Board has approved a significant amendment aimed at granting it greater…
Egypt News SCZONE attracts $894m in investments, 40% from China in 3 months Aya El Sayed Apr 17, 2024 0 The General Authority of Suez Canal Economic Zone (SCZONE) has successfully attracted about $894 million in…
Feature Japan narrows trade deficit to $38b in March Nada Ali Apr 17, 2024 0 Japan recorded a trade deficit for the third consecutive year ending in March stood at 5.89 trillion yen ($38…