NBA Star Kevin Durant Acquires Minority Stake in PSG
NBA superstar Kevin Durant becomes minority shareholder in Paris Saint-Germain, signaling a groundbreaking cross-sport partnership between basketball and European football.
Investment
Read More
China’s Foreign Trade and Consumption Maintain Steady Growth in First Half of 2024
China’s foreign trade and consumption have maintained steady growth in the first half of 2024, with significant increases in retail sales, imports, exports, and foreign investment, according to MOFCOM.
China Invests Heavily in Brazil as Both Nations Mark 50 Years of Diplomatic Relations
As China and Brazil celebrate 50 years of diplomatic relations, China is investing heavily in Brazil, strengthening trade and investment ties between the two countries.
China and Russia Commit to Expanding Investment and Energy Cooperation
China and Russia have agreed to deepen their investment and energy cooperation following a series of high-level meetings attended by Chinese Vice Premier Ding Xuexiang.
China Lowers Lending Rates to Boost Economic Recovery
China has reduced its benchmark lending rates to stimulate the economy, lowering both the one-year and over-five-year loan prime rates. The move aims to reduce financing costs and bolster economic growth.
Türkiye Reduces Tariffs on Chinese EV Imports to Attract Investment
Türkiye reduces tariffs on Chinese EV imports, aiming to attract investment from Chinese automakers and strengthen its domestic electric vehicle industry.
China Expands World’s Largest Transport Networks with Record Investment in 2023
China expanded its transportation networks to over 6 million kilometers in 2023, investing a record 3.91 trillion yuan ($539 billion). The developments include the world’s largest high-speed rail and expressway networks.
Saudi Arabia’s PIF and France’s Ardian to Acquire 37.6% Stake in Heathrow Airport
Saudi Arabia’s PIF and France’s Ardian are set to acquire a 37.6% stake in Heathrow Airport’s largest shareholder for £3.3 billion ($4.1 billion), marking significant investment in global infrastructure.
Wuxi and Paris Forge Stronger Industrial Ties on 60th Anniversary of Sino-French Relations
Wuxi strengthens industrial ties with Paris during the 60th anniversary of China-France diplomatic relations, positioning itself as a hub for European investment.
Malaysia Targets $107 Billion Investment to Become Global Semiconductor Hub
Malaysia targets $107 billion investment in semiconductors to become a global hub, focusing on advanced manufacturing, design, and attracting global tech companies.
China and Hungary Deepen Economic Cooperation in High-Tech and Finance
China and Hungary are enhancing their economic cooperation through strategic investments in high-tech industries and financial sector collaboration, as discussed at the 2024 Tsinghua PBC School of Finance Global Finance Forum.
Accor Greater China CEO Sees Bright Future in Strengthened China-France Relations
Gary Rosen, CEO of Accor Greater China, emphasizes the promising future of China-France relations, noting that French firms see China’s market and consumers as vital to their growth.
China and Germany Strengthen Economic Ties Amid Global Instability
German businesses show robust confidence in China’s market as 91% plan to continue operations and over half intend to increase investments, reinforcing economic ties amid global uncertainties.
German Chancellor Scholz’s Chongqing Visit Highlights Record Investment and Cooperation
German Chancellor Olaf Scholz arrived in Chongqing on April 14 for a three-day visit, signaling strengthened bilateral cooperation. Germany’s investment in China reached a record 11.9 billion euros last year.
Ireland Showcases Innovation and Culture at China Consumer Products Expo
Ireland shines at the China International Consumer Products Expo, showcasing advancements in innovation, education, investment, tourism, and culture.
President Xi Welcomes Dutch Investment Boost in China
Chinese President Xi Jinping has invited Dutch companies to invest more in China, emphasizing enhanced cooperation during his meeting with Dutch Prime Minister Mark Rutte in Beijing.
Angolan President Praises China’s Role in Nation’s Rebirth
Angolan President João Lourenço acknowledges China’s vital role in rebuilding Angola’s infrastructure, highlighting how Chinese investments have fueled the nation’s post-war transformation and growth.
Amway CEO Reaffirms Commitment to Investment and Innovation in China
Amway CEO Milind Pant expresses confidence in China’s economic growth, pledging continued investment and innovation.
China’s Economic Promise: Key Factors Ensuring Long-Term Growth
China’s economy showcases resilience and potential for long-term growth. With moderate per capita GDP and a dominant manufacturing sector, the nation is poised for significant economic expansion.
China and ASEAN Forge Stronger Economic Bonds Ahead of Major Expo
China and ASEAN nations are strengthening economic bonds ahead of the upcoming expo, focusing on trade, investments, and collaborative projects that promise mutual growth and regional prosperity.