Asia China China's total foreign trade reached 32,33 trillion yuan ($4,57 trillion) in the first three quarters of 2024; electric vehicles, lithium-ion batteries and photovoltaic products accounted for 4,1% of the total value
Asia China For months, over 500 self-driving taxis have been roaming the streets of the city of Wuhan, in what is the world's largest experiment with self-driving cars
Asia China Hainan, the tax-free island province popular with luxury domestic shoppers and international high-end brands, experienced a 29,3% YoY decline in duty free sales in 2024 as the nation's sluggish economy led to a reduction in tourism
Asia China Sales of electric vehicles in China are set to overtake those of conventional cars for the first time in 2025, with sales of electric vehicles expected to rise 20% this year to over 12 million units, more than double the 5,9 million of 2022
Asia China The World Bank, in its latest economic update on China, revised upwards - even though minimally - its economic growth forecast for 2024 to 4,9%