China’s services trade achieves record

China’s international trade in services grew by 17 percent year-on-year to $397.31 billion in the first half of 2018, setting a record even amid the current global economic troubles, the Ministry of Commerce said.

Audi sales in China hit new record in July

German carmaker Audi AG announced on Thursday that its sales in the Chinese market reached new record in July, as well as in the first seven months. A total of 53,191 units were delivered to Chinese customers in July, representing a year-on-year increase of 3.8 percent.

Africa in the news: BRICS summit aftermath, South Sudan power-sharing agreement, and Zimbabwe election prep

South African President Cyril Ramaphosa opened the 10th summit of the BRICS countries(Brazil, Russia, India, China, and South Africa) in Johannesburg, South Africa. Following regular meetings among their countries’ ministers throughout the year, the annual BRICS summit serves as a  platform for BRICS heads of state and government to affirm their joint commitments within the political bloc for the year ahead.