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China's foreign trade in services rose 8.5 percent year-on-year to nearly 5.77 trillion yuan in the first nine months of the year, the Ministry of Commerce announced. Transport services recorded the fastest expansion, rising 33.9 percent and supporting Gulf-bound logistics routes.
BYD's Yangwang U9 Xtreme electric hypercar reached 503.17 km/h on an Abu Dhabi highway, setting a record recognized by the FIA. The run was executed by German driver Marc Basseng in the Al Dhafra region. The test was coordinated with Abu Dhabi authorities including the Abu Dhabi Investment Office.
Chinese automaker BYD recorded a verified top speed of 503.17 km/h with its YANGWANG U9 Xtreme electric hypercar on Sheikh Khalifa bin Zayed Al Nahyan Road in Abu Dhabi. The test was conducted with racing driver Marc Basseng in coordination with local government entities. The Abu Dhabi Investment Office stated the partnership leverages the emirate's logistics infrastructure to support Chinese automotive expansion.
The Oman Investment Authority established a series of joint investment funds worth billions of dollars with Chinese institutions during a state visit to Beijing. The vehicles include an $800 million fund with the Silk Road Fund and co-investments focusing on technology and Omani projects. Bilateral central bank agreements on currency swaps and digital currencies were also executed.
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