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Xi, Putin sign joint statement of pre-2030 development plan on priorities in China-Russia economic cooperation

VladimirupholdPresident Xi Jinping and Russian President Vladimir Putin jointly signed and released on Tuesday a Joint Statement of the President of the Peoples

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China's business operations see steady progress in 2022: MOFCOM

China's business operations achieved stable progress in 2022, according to the Ministry of Commerce (MOFCOM) on Thursday.China's retail sales reached 44 trillion yuan (

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China-Laos Railway sees freight volume exceed 10M tonnes

The total quantity of freight transported by the China-Laos Railway had exceeded 10 million tonnes as of Monday, according to local railway authorities on Tuesday.Among

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China-ASEAN RMB settlement volume up nearly 20-fold in a decade

China-ASEAN cross-border RMB settlement volume has surged nearly 20-fold in the past decade, according to a report released on Saturday during the ongoing 19th China-AS

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WTO indicator shows global trade growth stable, but stagnating

The World Trade Organization (WTO) said on Tuesday that its global goods barometer was stable, pointing to stagnant global trade growth following a COVID-19 triggered s

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China-Europe freight train trips hit 10,000 mark, faster than 2021

The number of China-Europe freight train trips in 2022 hit the 10,000 mark on Sunday, 10 days earlier than last year, data from the China State Railway Group Co. Ltd. (

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China, Ecuador officially launch free trade agreement negotiations

China and Ecuador have signed a memorandum of understanding (MoU) on launching negotiations toward a free trade agreement, China's Ministry of Commerce said Sunday.The

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Xi-Biden meeting set tone for China-U.S. economic, trade talks: MOFCOM

The virtual meeting between Chinese President Xi Jinping and his U.S. counterpart Joe Biden has set the tone for economic and trade communication between the two countr

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Xi-Biden meeting set tone for China-U.S. economic, trade talks: MOFCOM

The virtual meeting between Chinese President Xi Jinping and his U.S. counterpart Joe Biden has set the tone for economic and trade communication between the two countr

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Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet

Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its tec

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Nikola and Bosch ink deal for hydrogen fuel cell modules

Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-trucks

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South Africa opens jabs to all adults to accelerate campaign

FILE PIC: Faced with slowing numbers of people getting COVID-19 vaccinations, South Africa has opened eligibility to all adults to step up the volume of inoculations as it battles a surge in the

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Jerry raises $75M at a $450M valuation to build a car ownership ‘super app’

Just months after raising $28 million, Jerry announced today that it has raised $75 million in a Series C round that values the company at $450 million.Existing backer Goodwater Capital doubled down o

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China's service trade deficit narrows sharply in H1

China logged a marked drop in service trade deficit in the first half of 2021, data from the Ministry of Commerce showed Tuesday.Service trade rose by 6.7 percent year

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The Lilium electric Jet will use batteries manufactured by Germany’s Customcells

Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet.The battery IP is the result of “multiple players,” a Li

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Financial firms should leverage machine learning to make anomaly detection easier

Anomaly detection is one of the more difficult and underserved operational areas in the asset-servicing sector of financial institutions. Broadly speaking, a true anomaly is one that deviates from the

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Metal 3D printing company Fabric8Labs raises $19M

Fabric8Labs this morning announced that it has raised $19.3 million. The Series A was led by Intel Capital and features Lam Capital, TDK Ventures, SE Ventures, imec.xpand, Stanley Ventures and Mark Cu