Asia

China hunts new grounds in Africa, South America for steel exports

Chinese steelmakers are hunting new export destinations in Africa and South America as shipments to their biggest overseas buyers in…

Chinese e-commerce giant Alibaba created over 36.8m jobs in 2017

Chinese e-commerce giant Alibaba created over 36.8 million jobs in 2017 via its expansive retail ecosystem, a report showed. According…

China manufacturing activity accelerates in March on factories production increase

Manufacturing activity in China accelerated in March, according to official data released Saturday, exceeding forecasts as factories increased production with…

Global e-commerce giants to expand market share in Vietnam

Vietnam's blossoming e-commerce market has attracted global retailers such as Amazon, Alibaba and Shopee, but earning a profit in the…

China’s private funds hit 1.85 trillion USD

China's private investment funds amounted to 11.76 trillion yuan (about 1.85 trillion U.S. dollars) at the end of last month,…

IDB to finance Iraqi infrastructure with $500m – president

Ahmed Mohamed Ali al-Madani, the president of Islamic Development Bank (IDB), said the bank is ready to finance Iraq infrastructure…