ECONOMY

JD.com Signals Bold Entry Into Europe

BERLIN – JD.com, China’s largest retailer by revenue and one of the world’s fastest-growing e-commerce and logistics players, used its first-ever European keynote address at IFA Berlin 2025 to make a clear statement: the group is preparing a major push into … Continue reading JD.com Signals Bold Entry Into Europe

BYD Shares Slide Amid Profit Decline

BEIJING/HONG KONG – BYD, the world’s top electric vehicle (EV) maker, saw its shares tumble as much as 8% in Hong Kong trading Monday, after unveiling its first quarterly profit decline in over three years. The company attributed the slump to … Continue reading BYD Shares Slide Amid Profit Decline

Crackdown on Illegal Mines and Palm Plantations

JAKARTA – In his first State of the Nation address on August 15, President Prabowo Subianto declared a firm assault on unlawful extractive and agribusiness activities. He revealed that 1,063 illegal mining operations, responsible for an estimated Rp 300 trillion … Continue reading Crackdown on Illegal Mines and Palm Plantations

Italy: PM Meloni Reassesses Chinese Investments

ROME – Italy’s government continues to wield its “golden power” authority to curb Chinese influence, particularly in vital strategic assets. Despite pressure from Pirelli leadership to escalate restrictions following Sinochem’s 37 % equity position, Prime Minister Giorgia Meloni’s administration declined … Continue reading Italy: PM Meloni Reassesses Chinese Investments

Chinese Auto Shipments Breeze Through Suez

HONG KONG / CAIRO — Ships loaded with thousands of Chinese-made vehicles are steadily transiting the Suez Canal en route to Europe—while competing automakers in Asia are forced into slower, more costly circuits around the African continent. Analysts suggest this stark … Continue reading Chinese Auto Shipments Breeze Through Suez