24 Hrs
Source:
اقتصاد سكاي نيوز عربية
Al-Shahidy: 70 Years of Egypt-China Ties
The article focused on the ongoing Egyptian-Chinese relations for the past 70 years, with the Vice Chairman of Horizon Financial Management emphasizing that the ties between the two countries, both politically and economically, remain stable and are continuously developing. The article also covered recent developments in the economic stances of Egypt and China, including China's competition with the United States in the Egyptian market and China's decision to abandon Iranian oil, which could potentially impact production costs. It also highlighted China's increasing importance in supporting domestic demand, its growing secretive gold purchases, and the challenges Chinese factories face due to their global expansion. It is worth noting that Egyptian-Chinese relations are considered a strong factor that enhances both economic and political cooperation between the two nations, despite ongoing tensions and competition in global markets.
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