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China’s Haier lays foundation stone for second phase of industrial complex
This second phase of the project will have a production capacity of 300k refrigerators and deep freezers
Retailer Temu’s parent company sees stocks crash in latest warning over struggling Chinese economy
The company’s market value dropped by some USD 55 bn in one day following the release of its 2Q results
Chinese investors have been loving Egypt as of late — here’s the breakdown of how this love has translated into investments
The gov’t wants to drum up USD 1 bn worth of Chinese investments in 2024.
Investors lose access to key data as China stops sharing daily flows data
China is expected to see its first annual outflow from its bourse since 2016
Local trade offices see USD 11.6 bn in fresh foreign investment
Most of the funds are destined for the energy sector
Multinationals face leaner times as China’s growth slows
Consumer confidence remains low amid job and real estate markets that still have not recovered from the covid-19 pandemic
Egypt and UAE ink three project agreements worth bns of investments
The agreements include a USD 3 bn oil logistics zone
Hengsheng lays foundation stone for USD 70 mn textile factory in the SCZone
Hengsheng is looking to achieve annual sales worth USD 300 mn
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