ByteDance plans $20bln capex in 2025, mostly on AI, sources say
BEIJING - ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for ...
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Vanke woes to test limits of China’s property sector revival efforts
HONG KONGÂ - After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is ...
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China’s export ban to push antimony prices to new highs
Antimony prices are likely to hit record levels as consumers seek alternative supplies following China's latest export ban with growing ...
Read moreDetailsChina expected to leave lending benchmarks unchanged amid rate risks
SHANGHAI - China is widely expected to leave its benchmark lending rates unchanged on Friday, a Reuters poll showed, as ...
Read moreDetailsSaudi Arabia issues anti-dumping duties on concrete admixture from China, Russia
The state-run General Authority of Foreign Trade (GAFT) has imposed definitive anti-dumping duties on importing sulphonated naphthalene formaldehyde (SNF), or ...
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Chinese company invests $300mln in Egypt’s green project
CNG Egypt New Energy Glass has injected $300 million in investments within the scope of the industrial developer (Teda-Egypt), according ...
Read moreDetailsChina central bank injects $124bln into banking system via one-year policy loans
BEIJING - China's central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy ...
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