Automotive: Sailun plans to produce ten million tires in Egypt
Chinese investment in Africa has been growing for years, and now tire manufacturer Sailun has announced plans to build a new factory.
Von Marcel Grzanna
Chinese investment in Africa has been growing for years, and now tire manufacturer Sailun has announced plans to build a new factory.
Von Marcel Grzanna
Beijing has responded directly for the first time to EU sanctions against Chinese financial institutions, banning two banks from Lithuania from doing business with partners in China. The move is seen as a warning signal from the EU to larger Chinese banks.
Von Amelie Richter
Yuan-denominated loans from Chinese banks fell unexpectedly in July, likely due to weak domestic consumption. The central bank now plans to subsidize loan interest rates.
Von Marcel Grzanna
Von Stefan Braun und Sara Sievert