Beijing — An explosion and fire at a fireworks shop in eastern China has killed eight people and left two others with minor burns ahead of the Chinese New Year, authorities said. Donhai County, in extreme eastern China about halfway up the coast Google Maps The Sunday afternoon blast in a village in Jiangsu province…
Africa-focused e-commerce retailer Jumia Technologies expects to break even in the last quarter of 2026 and deliver its first full-year profit next year as it accelerates growth after years of restructuring, its CEO said on Wednesday. Jumia, which will operate in eight markets after exiting Algeria this month, has dropped everyday grocery items and food…
The CIA has released a new Mandarin-language recruitment video aimed at Chinese military officers, portraying a fictional, mid-level People’s Liberation Army officer grappling with corrupt leadership and ultimately choosing to contact the American intelligence agency. The video is the latest installment in a public-facing recruitment campaign targeting China, which CIA Director John Ratcliffe has described as the…
One year after Chinese start-up DeepSeek rattled the global tech industry with the release of a low-cost AI model, its domestic rivals are better prepared, vying with it to launch new models, some designed with more consumer appeal. The Hangzhou-based firm’s meteoric rise in early 2025, during China’s Spring Festival holiday, upended China’s artificial intelligence…
The fishing boat tried to flee when ordered to stop for an inspection inside Japan’s territorial waters, authorities say.
Naamsa CEO Mikel Mabasa As Chinese car manufacturers rapidly expand their presence in South Africa, scrutiny is growing over the nature of their investments – and whether they are delivering meaningful gains in jobs, skills development and local value-chain participation. There is a distinct shift in the country’s automotive investment landscape – from established Western…
Chery’s Tiggo 4 Pro Chinese vehicle brands are no longer just disrupting South Africa’s new-car market – they are now entrenching themselves in the used vehicle segment, long regarded as a tough test of buyer confidence. New data from AutoTrader shows that models from brands such as Chery, Haval, GWM and Omoda are selling in…
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…
