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China’s new energy carmaker BYD’s e-bus will be driving into Egypt as its second largest city Alexandria made an order of 15 vehicles on Jan 24 local time.They will become the country’s first pure electric buses in history. The order also includes 18 charging poles.The Governor of Alexandria Dr. Mohamed Sultan said it is a historical driving force to promote new energy transportation and sustainable development in Egypt.The Shenzhen-based vehicle manufacturer has become a significant player in Egypt’s public transportation market. In Cairo, the capital of Egypt, BYD’s sedan accounts for 40 percent of the city’s taxi fleet and its sport utility vehicle S5 is scheduled for a local launch in March.It also plans to construct a BYD SkyRail monorail through Alexandria’s congested city center and possibly develop the country’s solar energy sector.Besides selling products, the company alsointendsto assemble electric buses and electric cars in Egypt.BYD’s new energy vehicles have landed in more than 200 cities across 50 countries and regions.
China's third richest person with a net worth of .6 billion according to Forbes magazine, Ma was quoted by the New York Times as saying his retirement was not the end of an era, but the beginning of one.

China's private investment in India has grown steadily in recent years. With the transfer of some labor-intensive industries, more jobs have been created in India.
China's top envoy in Washington on Wednesday warned the Trump administration that trade "bullying" will backfire and argued that the United States' justification for a trade war is flawed.
Chinese Consul General in San Francisco Luo Linquan speaks at a reception on Monday night at the Consulate General to celebrate the upcoming Chinese New Year, which is on Feb 16. LIA ZHU/ CHINA DAILY
来源:资阳报