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Direct Chinese investment in North America and Europe fell to a six-year low last year. Completed PRC investments in Europe and North America in 2017 amounted to $111 billion, compared with $30 billion in 2018. China's foreign direct investments in the countries of the region fell almost four times - from $31 billion in 2017 to $8 billion in 2018. Strained relations with the United States, investments in the economy of which fell by 83%, reflected on the decline of the index. At the same time, investments in Canada increased by 80% from $1.5 billion to $2.7 billion. Tighter control by the regulatory authorities and the restrictions imposed reduced Chinese investment in major economies. Investments in European economies fell by 70%.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
Oil prices steadied on Tuesday, stuck in narrow ranges as investors pinned hopes on fuel demand recovery amid renewed lockdowns due to rising coronavirus cases. Prices were supported by positive news on vaccine development as medical institutions ...
On Monday, U.S. international banking giant Goldman Sachs (G.S.) said that it would resume negotiations with the Malaysian government this week to hammer out a multi-billion dollar financial settlement lost in a scandal at sovereign fund 1Malaysian ...
Glenmark Pharmaceuticals Ltd was given a notice by the Drug Controller General of India (DCGI) on overpricing and false claims of its generic version of favipiravir, FabiFlu, according to local media reports, sending the company’s ...
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