BMW and Huawei are working together to create smart applications based on the Harmony Intelligent Mobility Alliance (HIMA) operating system. The shift of Xiaomi Corp into the car industry has…
Chinese companies like Shein and Temu, which had been exporting duty-free, cheap shipments to the US, are no longer beneficiaries of such an exemption. As tariffs on Chinese goods are…
Chinese companies became extra prepared for the Trump 2.0 tariff battle after seeing the trade war during Trump’s first term. Chinese e-commerce companies are joining hands to help export-focused companies…
GCC’s tech-savvy population and efforts taken towards economic diversification will pave the road for growth opportunities. Despite ongoing global economic turbulence, the Gulf Cooperation Council (GCC) region has shown resilience.…
The National People’s Congress, China’s top legislature, approved the issue of 500 billion yuan in special government bonds to help capitalize the country’s banks. As Beijing ramps up efforts to…
Geopolitical issues have made some Western private equity investors more cautious about China, the second-largest economy, with a GDP of $19.53 trillion. Private equity investors in the Asia-Pacific area saw…
The dynamics of global trade are changing as countries like China and India perform better than developed economies. Global trade hit a new record of $33 trillion in 2024, up…
Last year, China recorded a record-breaking trade surplus, with exports up 5.9% and imports up 1.1% year-over-year. When Trump announced high tariffs on China, it raised concerns about whether the…
Huawei claimed second place in China last year, while Xiaomi was closely behind. Huawei Technologies took the gold in China’s smartphone market in January. Thanks to the government subsidy scheme…
If the deal is successful, Blackstone’s logistics company in China would make a significant exit. Blackstone Inc., one of the world’s largest alternative asset managers, is in advanced negotiations to…