Saudi Arabia in $5.6bn jv with Chinese EV brand Human Horizons
Saudi Arabia said the deal accounts for more than half of the $10bn investment agreements signed at the Arab-China business conference.
Source: gulfbusiness.com
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China's Baoshan Iron and Steel Co. invests $4bn in Ras Al-Khair economic zone
RIYADH: Saudi Arabia’s manufacturing capacity is expected to boost with China’s Baoshan Iron and Steel Co. announcing its plans to invest SR15 billion ($4 billion) on a project in Ras Al-Khair’s new economic zone. The Shanghai-based company, one of the world’s largest steelmakers, will manufacture metal plates in the zone, it announced at an event in Riyadh on Monday. The
Source: arabnews.com
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Source: financialcontent.com
Beijing can overcome shocks of US' 'decoupling'
US President Joe Biden is expected to sign an executive order aimed at restricting US investments in artificial intelligence, quantum computing, advanced semiconductors and other high-tech sectors in China.
Source: chinadaily.com.cn
China Tourism Day is celebrated across nation
China marked the 13th China Tourism Day on Friday, with a series of activities held across the country offline and online.
Source: chinadaily.com.cn