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China boosts loan support for innovative manufacturing industry

The China Development Bank has stepped up lending support for technological innovation and high-quality development in the manufacturing sector, data showed on Tuesday.

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China to promote consumption, investment for recovery

China vows to launch more measures to promote consumption and encourage investment to accelerate its economic recovery, the country's top economic planner said at a pre

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AU vows to pursue peace despite al-Shabab attacks in Somalia

The African Union (AU) Transition Mission in Somalia (ATMIS) vowed on Saturday to partner with local security forces to pursue peace despite increased attacks by al-Sha

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Prices for electric vehicles continue to soar

Despite the U.S.’s Inflation Reduction act, there’s one sector where prices continue to soar. It’s a product heavily in demand but in short supply – electric vehicles.

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New energy vehicles boost China's recreational travel market

New energy vehicles are adding more impetus to China's recreational travel market, with a host of new models and charging infrastructure networks enabling more people t

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Chinese premier urges support for new energy vehicles

Chinese Premier Li Keqiang on Wednesday called for research into new tax policies to support new energy vehicles (NEVs), according to China Media Group (CMG).During his

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General Motors Q2 profits fall 40% on supply woes, confirms forecast

General Motors reported a big drop in second-quarter profits Tuesday due to the grinding semiconductor shortage, although the automaker confirmed its full-year forecast

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