Global funds sold a record amount of Chinese stocks. This made foreign investment in China’s stock market the lowest since last October. This was when China had strict COVID-19 rules. Many foreign fund managers doubt China’s new economic plans. In August, they sold US$12 billion of China’s stocks through Hong Kong. This is the highest […]
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In the first quarter of 2023, China emerged as the leading global car exporter, surpassing Japan
The first six months of 2023 saw a significant rise of 75.7% in car exports from China, as the China Association of Automobile Manufacturers (CAAM) reported. In this period, China exported a total of 2.14 million vehicles, with electric cars accounting for about 534,000 units. This shows a 160% increase in overseas electric car sales […]
