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Chinese online home-sharing company Xiaozhu announced the expansion of its online business to other accommodation services to meet diversified demand from the booming tourism sector.

Chinese and international carmakers delivered 1.206 million electric cars and plug-in hybrids in China last year, down from 1.256 million in 2018, according to the China Association of Automobile Manufacturers.

Chinese clean energy companies have been expanding their presence overseas. Their wide-ranging know-how of hydroelectric plants and their experience in the field are second to none, said Joseph Jacobelli, a senior Asian utilities analyst at Bloomberg.

Chinese brokerage firms, investment funds and other financial institutions are expected to use these services.

Chinese companies like Baidu, Alibaba and Tencent are coming to Bangladesh, he added.