China
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Apple has new competitor in China
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Apple shares may be taken by Huawei in China. — Unsplash/File Tim Cook would like to make us think that everything is going well for his Apple company in China but that might not be the case. At the opening…
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Sesamum seeds export to China rises 68% | The Express Tribune
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BEIJING: Pakistan’s sesamum seeds export to China crossed $10.10 million in the first two months of 2024, showing a growth of 68.11% year-on-year. Pakistan Embassy Investment and Trade Counsellor in Beijing Ghulam Qadir said that according to the General Administration…
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China minister launches Europe trip | The Express Tribune
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PARIS/ BEIJING: China’s commerce minister began a trip to Europe by telling his nation’s top carmakers that US and European assertions of Chinese excess EV capacity were baseless and that innovation and “perfect” supply chains were behind their performance. Wang…
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Exports to China jump 44.53% in 7 months | The Express Tribune
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ISLAMABAD: Pakistan’s export of goods and services to China witnessed an increase of 44.53% during the first seven months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, the State Bank…
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Pakistan ‘secures’ $2 billion loan rollover from China
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Currency dealer trader counts the US dollar notes at a currency exchange office, in Karachi July 13, 2023. — PPI ISLAMABAD: In a major boost to the country’s foreign exchange reserves, China has rolled over $2 billion to Pakistan, Ministry…
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China agrees to rollover $2b debt on existing terms | The Express Tribune
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ISLAMABAD: China has agreed to rollover a $2 billion debt on existing terms after initially seeking a hike in price, as Pakistan’s policy to maintain foreign exchange reserves through deposits by three countries is becoming costly due to a 118%…
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China beats Japan as world’s top vehicle exporter in 2023
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A Neta S electric car at the Shanghai Auto Show. — AFP/File China surpassed Japan to become the world’s largest exporter of vehicles last year, as per the data released by the Japan Automobile Manufacturers Association (JAMA) on Wednesday. Large…
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China expects fresh consumption record with 9b trips in world’s largest migration
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Travelers at the Hongqiao Railway Station ahead of Lunar New Year in Shanghai, on Jan. 23. — Bloomberg China is anticipating a fresh consumption record as it braces for the world’s largest annual human migration. The upcoming Spring Festival travel…
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China faces worst economic slump since 1990 amid stalled recovery
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A view of a street in China. — AFP/File China’s economy, as per official figures released on Wednesday, experienced one of the lowest growth rates in over three decades last year, with the country’s challenging economic condition attributed to a…
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160 high-end electric buses delivered by China | The Express Tribune
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SUZHOU: In a landmark move, Suzhou Higer recently held the delivery ceremony for 160 high-end pure electric buses exported to Pakistan, marking the first substantial introduction of pure electric buses in the country. The order, valued at over RMB 150…