China’s Chery plans to expand car production in Europe through local partnerships

Chinese automaker Chery is exploring plans to expand its vehicle production footprint in Europe by partnering with existing manufacturers and using available factory capacity, according to senior company executives. The strategy reflects a broader trend among Chinese carmakers seeking to strengthen their presence in the European market without......

Chinese investment in Brazil shifts from hydropower to consumer brands like ice cream

Chinese investment in Brazil is undergoing a major transformation, shifting away from large-scale infrastructure projects toward consumer-focused industries such as food, retail, and services. A new wave of companies from China is increasingly targeting Brazil’s more than 200 million consumers, marking a strategic pivot in overseas......

Used electric vehicle sales surge globally as fuel costs rise

Rising fuel prices linked to the Iran conflict are accelerating a global shift toward electric vehicles, with the used EV market emerging as a key beneficiary. Since the الحرب began on February 28, oil prices have climbed about 35 percent, with Brent crude holding near $100 per barrel despite a fragile ceasefire. Higher costs at the......

Alibaba shifts Qwen AI strategy from open source to paid models

Alibaba is moving away from its open-source approach for Qwen, its flagship AI model family, and shifting toward paid, proprietary systems as it seeks stronger revenue growth. The change, first reported by the Financial Times, marks a major strategic pivot that could disrupt a large global developer community built around free access to Qwen......

Taiwan reports Chinese warplanes as Xi meets opposition leader in Beijing

Taiwan reported increased Chinese military activity near its airspace as Chinese President Xi Jinping held a high-profile meeting in Beijing with a senior Taiwanese opposition figure, highlighting ongoing tensions across the Taiwan Strait. According to Taiwan’s defense authorities, multiple Chinese warplanes were detected operating......

Porsche deliveries fall 15% as China slowdown and US tariffs bite

Porsche AG reported a 15% drop in global deliveries in the first quarter, with volumes falling to 60,991 vehicles from 71,470 a year earlier, as the German carmaker faced weaker demand in China and mounting pressure from new US import tariffs. The results, released on April 10, confirm a continued decline for the brand, which had delivered......

Foreign Minister says China is willing to strengthen exchanges with North Korea in meeting with Kim Jong Un

China has expressed its willingness to deepen exchanges and expand cooperation with North Korea during a high-level meeting between Chinese Foreign Minister Wang Yi and North Korean leader Kim Jong Un, according to Chinese state media Xinhua. The discussions took place as both countries continue to reinforce their long-standing diplomatic......

Cambodia’s King undergoes treatment for prostate cancer in China

Cambodia’s King Norodom Sihamoni has announced that he is currently receiving medical treatment for prostate cancer in China, according to an official statement released by the country’s information ministry. The 72-year-old monarch said that his condition was diagnosed following a comprehensive medical examination in Beijing.......

China producer prices turn positive for first time in over three years

China's producer prices rose in March for the first time in more than three years. Data published Friday showed energy costs surging from the Iran war lifted the world's second-largest economy out of prolonged deflation. The producer price index climbed 0.5% year-on-year, the National Bureau of Statistics reported. The gain ended......

Taiwan reports rising military pressure as China promotes peace dialogue

Taiwan has raised concerns over an increase in Chinese military activity near the island, highlighting a growing contrast between Beijing’s diplomatic messaging and its actions on the ground. Officials in Taipei report that Chinese warships and aircraft have intensified their presence in recent weeks, maintaining near-daily operations......

Alibaba shares fall as AI spending pressures trigger target cuts

Alibaba shares declined in Hong Kong after analysts at Jefferies and UBS lowered their price targets, citing rising artificial intelligence costs and widening losses in non-core businesses. The stock fell 2.9 percent to 122.70 Hong Kong dollars, underperforming the broader Hang Seng Index, which slipped 0.6 percent during the session. Jefferies......

Mercedes reports Q1 sales decline amid transition year in China

Mercedes-Benz (Mercedes-Benz Group AG) announced a decline in first-quarter 2026 sales as the company navigates a transitional period in the Chinese market. Quarterly sales fell 6% year-on-year to 419,400 vehicles, reflecting challenges in the world’s largest automotive market. While Mercedes saw sales increase by 7% in Europe and 20%......

Inwi launches morocco’s first private industrial 5g network

Moroccan telecom operator inwi has deployed the country’s first private 5G network dedicated to industrial use, marking a new phase in Morocco’s digital transformation. The announcement was made during GITEX Africa 2026 in Marrakech. The network will serve a 52 hectare industrial site in the Oriental region, one of the largest......

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