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China welcomes refugees with money to boomtown of Yiwu

YIWU, China (Thomson Reuters Foundation) – As Europe and the United States crack down on migrants from the Middle East and Africa, China is welcoming those with money with the boomtown of Yiwu, known as “Christmas Town”, luring business-savvy Syrians, Yemeni, Libyans and Iraqis. Although China doesn’t have laws recognising ...

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China is targeting 35 million vehicle sales by 2025

BEIJING/SHANGHAI (Reuters) – China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles (NEVs) to make up at least one-fifth of that total, the industry ministry said on Tuesday. The Ministry of Industry and Information Technology said in a market “road map” that China’s urbanization drive ...

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