Chinese Instagram-like company Xiaohongshu is expanding e-commerce with more than 300 million users – Trendy Blogger

Chinese Instagram-like company Xiaohongshu is expanding e-commerce with more than 300 million users

 – Trendy Blogger

Known as “Little Red Book,” Xiao Hongshu (sau.hong.shoo) is leveraging its Instagram-like platform to expand its e-commerce presence, targeting urban Chinese women with influencer-led sales. With more than 300 million users and a valuation of $17 billion after a funding round in July, the platform combines social media with curated shopping experiences, making it a … Read more

A Chinese company invests $350 million to establish 3,000 charging stations for electric cars in Pakistan – Trendy Blogger

A Chinese company invests 0 million to establish 3,000 charging stations for electric cars in Pakistan

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The Pakistani government has signed a partnership agreement with a leading Chinese company to invest $350 million in establishing up to 3,000 electric vehicle charging stations across the country, with the aim of promoting electric mobility and reducing dependence on fuel imports, according to Bloomberg News. Media reports. Malik Khuda Bakhsh, Chairman of the Standing … Read more

The government is developing economic zones for Chinese companies – Trendy Blogger

The government is developing economic zones for Chinese companies

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The Sindh government is developing two special economic zones in Karachi to facilitate Chinese investors setting up various industries in collaboration with local businessmen. This was stated by Syed Nasir Hussain Shah, Minister of Energy, Regional Planning and Development, on Saturday. Speaking as the chief guest on Saturday at the 10th International Beauty, Fitness and … Read more

Chinese and Pakistani diplomats sign memorandums of understanding in the fields of transportation, health, energy and agriculture in Karachi. trendy blogger

Chinese and Pakistani diplomats sign memorandums of understanding in the fields of transportation, health, energy and agriculture in Karachi.

 trendy blogger

KARACHI: Chinese and Pakistani diplomats signed memorandums of understanding (MoU) on five projects in the areas of transport, health, energy and agriculture in Karachi, with support from the Sindh government. The agreements include local assembly of electric vehicles, local manufacturing of solar panels, production of slow-release fertilisers, algae farming, and establishment of a medical city … Read more

City Pharma and Martin Dow collaborate with a Chinese company to revolutionize the biotechnology sector in Pakistan – Trendy Blogger

City Pharma and Martin Dow collaborate with a Chinese company to revolutionize the biotechnology sector in Pakistan

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Islamabad: Pakistan’s Citi Pharma Limited (CPHL) and Martin Dow have partnered with Chinese pharmaceutical company Kingbo Pharmatec to develop biotechnology and biomanufacturing. The collaboration has been formalized through a Memorandum of Understanding (MoU), as revealed by CPHL in its notification to the Pakistan Stock Exchange (PSX) on Tuesday. “This partnership seeks to reduce Pakistan’s dependence … Read more

Ghandhara Tire Company signs a memorandum of understanding with a Chinese company for a joint project – Trendy Blogger

Ghandhara Tire Company signs a memorandum of understanding with a Chinese company for a joint project

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Gandhara Tire and Rubber Co., Ltd. has signed a non-binding memorandum of understanding with Shandong Huashing Rubber Co., Ltd. (SHRC), a prominent Chinese technology provider in the tire industry, according to a stock filing on Tuesday. The MoU marks the beginning of efforts to explore a joint venture to manufacture and export tires from Pakistan. … Read more

Chinese companies are looking to set up a lithium battery plant in Punjab and waste-to-energy projects – Trendy Blogger

Chinese companies are looking to set up a lithium battery plant in Punjab and waste-to-energy projects

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A leading Chinese lithium battery manufacturer has expressed interest in establishing an assembly and manufacturing plant in Punjab. The announcement came during a meeting between a Chinese delegation led by Eenovance CEO Shi Yukun and Punjab Industries Minister Chaudhry Shafie Hussain. Shi Yukun has requested eight acres of land at Quaid-e-Azam Business Park in Sheikhupura … Read more

The government assures Chinese investors of smooth transfer of land ownership in special economic zones – Trendy Blogger

The government assures Chinese investors of smooth transfer of land ownership in special economic zones

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ISLAMABAD: Investment and Privatization Minister Abdul Aleem Khan reiterated the government’s commitment to facilitate the entry of Chinese investors into special economic zones in Pakistan, stressing the immediate resolution of issues related to land sale and transfer. While chairing a meeting on SEZ policy in Lahore, the minister instructed the Board of Investment to coordinate … Read more

Oil is drifting amid Chinese stimulus concerns and oversupply fears – Trendy Blogger

Oil is drifting amid Chinese stimulus concerns and oversupply fears

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Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, with investor disappointment over China’s latest stimulus plan and fears of oversupply keeping buying interest at bay. By 0745 GMT, Brent crude futures rose four cents to $71.87 a barrel. US West Texas Intermediate crude futures fell one cent to … Read more

The Chinese Communist Party emphasizes structural reforms to address state monopoly – Trendy Blogger

The Chinese Communist Party emphasizes structural reforms to address state monopoly

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A technician works on ceramic insulators at a power transmission tower in Karachi on December 7, 2018. — Reuters Monopoly by state-owned enterprises restricts private sector entry, increases costs: CCP. The report stresses the necessity of privatization and switching to competitive prices. He laments transmission and distribution losses and aging infrastructure. ISLAMABAD: Pakistan is in … Read more