China

China has recorded a significant rise in the export of used cars over the last five years, a report in the People’s Daily Online showed. According to the report, since the inception of a pilot program in 2019 aimed at exporting used…
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China’s challenger to Airbus and Boeing’s passenger jets, the narrow-body C919 manufactured by the Commercial Aircraft Corp. of China, or COMAC, has made its first trip outside Chinese territory, staging a fly-by at the Singapore Airshow on…
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Chinese e-commerce giant Alibaba Group Holding plans to strengthen ties with the Gulf region by partnering with local firms in Saudi Arabia and the UAE. During a panel session at Dubai’s World Governments Summit, Michael Evans, president…
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The Organization of the Petroleum Exporting Countries expects strong growth in global oil demand in 2024 and 2025 driven by robust economic activities in China. In its latest monthly report, the oil producers’ group said world oil demand…
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Copper prices steadied on Friday after a week of heavy losses as investors got a glimmer of hope that top metals consumer China was bolstering its economy with financing measures, according to Reuters. Zinc and lead, however, touched…
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Saudi Basic Industries Corp. has given its go-ahead for a $6.4 billion investment to build a petrochemical complex in Fujian, solidifying its partnership with China. To be developed in collaboration with Fujian Fuhua Gulei Petrochemical…
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Cristiano Ronaldo is uncertain to feature in Al-Nassr’s game against Shanghai Shenhua in the first fixture of the Riyadh side’s China tour, Arriyadiyah reported on Friday. Club medical staff have informed coach Louis Castro that the club…
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Egypt’s President Abdel Fattah El-Sisi received Chinese Foreign Minister Wang Yi in Cairo on Sunday. Also in attendance were Sameh Shoukry, Egypt’s foreign minister, and senior Chinese officials. Egypt was the first stop of Wang’s…
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China’s Foreign Minister Wang Yi will this week visit Egypt and Tunisia, Beijing said on Thursday, as part of a four-country Africa tour before he heads to Brazil and Jamaica. Wang’s first trip of the new year comes as China increasingly…
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Chinese auto brands are set for better profitability in 2024 despite intensifying competition in the world’s largest auto market, UBS analysts said on Tuesday, thanks to upgrades they have been making in their electric vehicle product mix.…
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