China’s BYD EV factory opened in Thailand, first in Southeast Asia

BYD EV factory opened in Thailand

BYD EV factory opened in Thailand: BYD, a leading Chinese electric vehicle (EV) manufacturer, has opened its first factory in Southeast Asia, located in Thailand. This marks a significant expansion for BYD EV factory and highlights the growing demand for EVs in the region. The BYD EV factory is expected to produce up to 150,000 Read more: China’s BYD EV factory opened in Thailand, first in Southeast Asia..

China’s PBOC maintains its key policy rates unchanged

People's Bank of China (PBOC)

The People’s Bank of China (PBOC) maintained its key policy rates unchanged in its latest announcement on June 17, 2024. The People’s Bank of China (PBOC), China’s central bank maintains its key policy rates unchanged amidst concerns over narrowing bank profit margins and a weakening Yuan. The PBOC kept the medium-term lending facility (MLF) rate Read more: China’s PBOC maintains its key policy rates unchanged..