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China's foreign trade with BRICS sees rapid growth in first seven months of 2023

In the first seven months of 2023, China's foreign trade with other BRICS countries (Brazil, Russia, India and South Africa) soared 19.1 percent year-on-year to 2.38 tr

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Kenya's Q1 horticulture earnings flat on low demand

Kenya's earnings from horticulture remained flat in the first quarter of 2023 despite an increase in the volume of produce exported as low prices in the global market h

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ASEAN Summit advances local currency use in cross-border trade

To facilitate regional economic integration, leaders of the Association of Southeast Asian Nations (ASEAN) made a declaration on advancing regional payment connectivity

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China forex reserves rise to $3.205t in April

China's foreign exchange reserves continued to rise in April, official data showed on Sunday, as the dollar fell against other major currencies.China's foreign exchange

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Currency and financial system stability are priority: PBOC governor

Maintaining currency value stability and financial stability are two top priorities of the People's Bank of China (PBOC), Yi Gang, governor of the PBOC, said on Tuesday

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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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2022 CIIE witnesses intended deals over $4b so far

The total value of intended deals made at the China International Import Expo (CIIE) 2022 has surpassed $4 billion, China Media Group reported on Tuesday.More than 1,10

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IMF talks will not lead to a debt haircut: Ghana President

Ghanaian President Nana Akufo-Addo said talks with the International Monetary Fund were going well and sought to reassure investors that the negotiations would not lead

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China's fiscal revenue falls in first 9 months

China's fiscal revenue dropped 6.6 percent year on year during the first nine months of 2022, official data showed on Tuesday.The country's fiscal revenue amounted to a

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China's GDP grows 3.9% in third quarter, faster than expectations

China's third-quarter GDP grew by 3.9 percent compared with a year earlier, official data showed on Monday.Economic growth between July and September accelerated from t

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Chinese NEV maker BYD expects profit to jump over four times in Q3

China's leading new-energy vehicle (NEV) maker BYD expects net profit to hit 5.5 billion to 5.9 billion yuan ($760 million to $820 million) in the third quarter of 2022

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Cargo train debuts from east China to Central Asia

A China-Europe freight train debuted from the city of Wuxi in east China's Jiangsu Province and headed for Central Asia on Saturday, local authorities said.The train ca

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U.S. drone sale to Ukraine hits snag

The Biden administration's plan to sell four large, armable drones to Ukraine has been paused on the fear its sophisticated surveillance equipment might fall into enemy

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China is like a magnet to attract global investors: NDB President

China is like a magnet to attract investors and is creating opportunities for emerging markets and developing countries, Marcos Troyjo, president of the New Development

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China's fiscal revenue up 8.6 percent in Q1

China's fiscal revenue logged a year-on-year increase of 8.6 percent in the first quarter of the year, official data showed Wednesday. Fiscal revenue amounted to 6.2 tr

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Afghanistan receives $32 million in humanitarian cash aid

Afghanistan received a batch of 32 million U.S. dollars in humanitarian cash assistance on Sunday as the international community continued to provide humanitarian suppo

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China's car rental market to top $23.5 billion by 2025: report

A parking lot of car rental company CAR Inc., Shanghai, China, December 7, 2021. /CFP China's car rental market is poised to enter a phase of rapid expansion, with its market scale estimated t