Bangladesh is set to pay off its pending obligations to Russia in Chinese yuan rather than the US dollar. The total debt amount for the Rooppur power plant, which is currently under construction, is reported to be $110 million and will be paid to Moscow in the Chinese currency. The development came amid increasing de-dollarisation […]
China is the world’s largest exporter of goods, with a wide range of products exported to countries around the world. While the country’s export industry spans many different sectors, there are several key products that have seen significant growth in recent years. Here are some of the top booming export items in China: Overall, these […]
China is one of the world’s largest exporters and importers of goods, with a thriving trade industry that is critical to the country’s economic growth and development. In recent years, China has become increasingly integrated into the global economy, and its exports and imports play a significant role in shaping trade flows around the world. […]
Zhang Lei is the founder and CEO of one of China’s leading tech companies, TechVision. In this interview, he shares his insights on the future of China’s tech industry and the role of innovation in driving economic growth. Q: What inspired you to start TechVision, and what have been some of the biggest challenges you’ve […]
In recent years, China has emerged as a major global power, with a booming economy and a growing influence in international affairs. However, despite its many successes, China still faces challenges in building trust with the rest of the world. One key factor in this is transparency. Transparency refers to the openness and accountability of […]
China has taken another giant leap forward in its quest to become a space superpower by successfully launching the first module of its new space station on April 6th. The new space station, named Tiangong, will replace China’s previous space lab, Tiangong-2, which was decommissioned in 2019. The module, named Tianhe, was launched from the […]
On April 10th, China’s top e-commerce company, Alibaba, was hit with a record antitrust fine of $2.8 billion by Chinese regulators. This penalty comes after an investigation that found Alibaba had abused its dominant market position by forcing merchants to sell exclusively on its platforms and imposing unfair fees. The antitrust investigation was initiated last […]
