Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday. Carney made the announcement after two days of meetings with Chinese leaders. He said there would be an initial annual cap of 49,000…
On Thursday, 8 January, Chinese regulators said they would investigate Meta’s acquisition of the artificial intelligence (AI) startup Manus with the Ministry of Commerce in Beijing to assess whether the transaction complies with Chinese laws governing export controls, technology imports and exports, and overseas investment. On Thursday, 8 January Chinese regulators said they would investigate…
Nairobi — Chinese electric vehicle (EV) manufacturer Tiazhou Okla Automotive Co., widely known as Okla Global, has announced a strategic partnership with Hong Kong-headquartered Treadway Investment Bank to accelerate its ambitious expansion into Africa’s fast-growing automotive market. Under the agreement, Treadway will provide investment banking and corporate finance advisory services to support Okla’s continental growth…
Controversial Chinese embassy construction in London delayed – CBS News Watch CBS News China’s plans for a massive new embassy in the British capital were delayed until January. Construction plans have proven controversial, with some raising espionage concerns. Ramy Inocencio has more from London.
Harare — Zimbabwe is positioning itself as a major electric vehicle (EV) manufacturing and distribution hub in Southern Africa as Jiangmen Tengxin Motorcycle Technology Co. Ltd — a Chinese manufacturer that exports to 33 countries and produces up to 500,000 engines annually — prepares to launch a large-scale EV project in the country. The company…
Firefighters walk near residential buildings that continue to burn at Wang Fuk Court in the Tai Po district on Nov. 27, 2025 in Hong Kong, China. Isaac Lawrence | Getty Images News | Getty Images Chinese private firms pledged tens of millions of dollars to support rescue and relief efforts after a deadly residential fire…
Shanghai — A Chinese robot has stepped into the Guinness World Records after completing a three-day, 66-mile trek, the longest reported distance ever walked by a humanoid machine. The AgiBot A2, which stands about five feet and six inches tall, set off from the eastern Chinese city of Suzhou on the evening of November 10, traversing…
The BYD Sealion 7 electric. Chinese multinational new energy vehicle (NEV) manufacturer BYD has made a multibillion-rand investment in expanding its operations in South Africa, as it looks to increase its market share in the local electric vehicle (EV) industry. BYD has set a target to, over the next year, open a dealership in every…
For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost US$50 billion to African transport projects. Most came from Chinese development finance institutions. Six years ago, this started to change as Chinese lenders began to…
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images SINGAPORE — As China seeks to entice back foreign capital amid dwindling inbound investment, global investors eyeing opportunities in the country remain wary of more fundamental constraints: Beijing’s iron grip on capital flows and lack of policy…
