Economy



China's manufacturing activity unexpectedly contracts in July as domestic demand remains weak

China's manufacturing sector unexpectedly returned to contraction in July, highlighting persistent challenges facing the world's second-largest economy as weak domestic demand and rising production costs continue to weigh on industrial activity. Official data released by the National Bureau......

Changxin Technology surges 466% to become China’s most valuable listed company

Shares in Chinese semiconductor manufacturer Changxin Technology soared by nearly 466% on their first trading day on the Shanghai Stock Exchange, propelling the company to the top of China’s listed companies by market value. Based in Hefei, the company raised 57.92 billion yuan, equivalent to......

China’s youth unemployment rate falls to one-year low as labor market shows signs of improvement

China’s youth unemployment rate declined to its lowest level in a year in June, according to official data, offering a positive signal for the country’s labor market despite continued challenges facing young job seekers. Figures released by the National Bureau of Statistics (NBS) showed......

Shein moves closer to major Hong Kong IPO targeting up to $3 billion

Fast-fashion giant Shein is moving closer to launching one of the largest initial public offerings (IPOs) in Hong Kong in recent years, with reports indicating the company aims to raise between $2 billion and $3 billion through its planned stock market debut. According to market sources, the company......

China’s economic growth expected to slow in second quarter, increasing pressure for fresh stimulus

China's economy is expected to lose momentum in the second quarter of 2026, with softer domestic demand offsetting resilient export performance and strengthening expectations that Beijing could introduce additional measures to support growth. Economists surveyed by Reuters forecast that China's......

China Tightens Export Controls On Rare Earths Targeting US Companies Amid Rising Trade Tensions

China has introduced new export restrictions on rare earth materials, further intensifying economic and technological competition with the United States and raising concerns over the stability of global supply chains. According to China’s Ministry of Commerce, several US-linked companies have......

Morocco promotes investment opportunities to Chinese firms during Beijing visit

Morocco is stepping up efforts to attract Chinese investment as senior officials promote the country’s economic potential during high-level discussions in Beijing. The initiative was led by Morocco’s Minister Delegate for Investment, Convergence and Public Policy Evaluation, Karim Zidane,......

Bangladesh seeks stronger economic ties with China and Malaysia

Bangladesh's Prime Minister Tarique Rahman is set to undertake his first official overseas visit since assuming office, marking an important step in the country's efforts to strengthen economic partnerships and expand employment opportunities for its citizens. The six-day diplomatic mission......

European Union prepares new tariffs on Chinese plug-in hybrid vehicles

The European Union is reportedly preparing to introduce new tariffs on Chinese-made plug-in hybrid vehicles as part of its broader effort to address concerns over trade imbalances and competition within the automotive sector. According to reports, the European Commission is considering countervailing......

China’s tariff cuts on Africa fuel trade growth and boost yuan internationalization

China’s deepening trade relationship with Africa is accelerating the international use of the yuan, as tariff removals and expanding commercial exchanges reshape financial flows between the two regions. In a major policy shift, China recently eliminated tariffs on imports from 53 African countries,......

Nador Port strengthens capacity with new-generation Chinese electric cranes

Morocco is continuing its major port infrastructure modernization program with the arrival of advanced container-handling equipment at the port of Nador, further reinforcing the country’s position in global maritime logistics. The port has recently received ten state-of-the-art electric smart......

Foreign investors pull $26.6 billion from emerging markets in May

Foreign investors withdrew a net 26.6 billion dollars from emerging market portfolios in May, reversing the rebound seen in April and underscoring renewed volatility in global capital flows. Equity sales in Asia drove most of the outflows, outweighing more stable demand in emerging market debt. The......

Morocco becomes Africa’s second largest electric vehicle market in 2025

Morocco ranked second in Africa for electric vehicle sales in 2025, with 5,500 units registered, according to data covering continental EV trends. The country accounted for 22% of Africa’s estimated 25,000 electric vehicles sold during the year, placing it behind Egypt and ahead of South Africa.......

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