Tag Archives: China

Kampala, Uganda | THE INDEPENDENT | The stop EACOP campaigners are now targeting Chinese banks and insurance firms from funding the longest crude oil pipeline between Uganda and Tanzania. The latest move by the international and their local campaigners comes after they successfully fought off Western banks and insurance firms from …

Johannesburg, South Afriac | Xinhua |  Inspired by China’s development over the decades, more and more African countries are seeking to follow the development paths that suit their own domestic conditions. At the China-Africa Leaders’ Dialogue held in South Africa’s Johannesburg in late August, Chinese President Xi Jinping once again …

While lending levels may remain low, China is likely to sustain engagement with Africa via commerce and diplomacy Kampala, Uganda | RONALD MUSOKE | Chinese lending to African nations has remained below $2 billion for the second year in a row, according to data from Boston University’s Global Development Policy Centre’s …

Beijing, China | Xinhua |  China’s top economic planner on Wednesday said that positive factors concerning China’s economy are accumulating and that China naysayers will be disappointed yet again. As existing and incremental policies take synergistic effect, China’s economy will rebound and sustain a long-term upward momentum, Cong Liang, deputy …

Addis Ababa, Ethiopia | Xinhua |  Ethiopian Airlines eyes tapping the surging market in China via opening new flights, using Addis Ababa, the capital of Ethiopia, as a gateway to Africa, chief executive officer of Ethiopian Airlines Mesfin Tasew has said. “China is a very important market for Ethiopian Airlines. …

Bueno Aires, Argentina | Xinhua | The Buenos Aires branch of the Bank of China has transacted the first direct investment in yuan in Argentina, marking a new milestone in the incorporation of China’s currency as an asset in the South American country. Chinese energy firm Brunp Recycling becomes a …

Climate justice activists  protest China’s interests in fossil fuel projects in Africa Kampala, Uganda | RONALD MUSOKE | On Aug.22, the BRICS bloc of nations (Brazil, Russia, China, India and South Africa) began its 15th Summit in Johannesburg, South Africa, to among other issues discuss possible expansion of the group to …

Johannesburg, South Africa | Xinhua |  Chinese President Xi Jinping arrived in Johannesburg to attend the 15th BRICS Summit to be held here, and pay a state visit to South Africa. South African President Cyril Ramaphosa, together with South Africa’s International Relations and Cooperation Minister Naledi Pandor, and Nkosazana Clarice …

Luanda, Angola | Xinhua | President of Angola Joao Lourenco has inspected a dam under construction by Chinese company Sinohydro, which will alleviate water scarcity in the country’s southern region upon completion. Lourenco praised the Chinese company’s professionalism and operational efficiency, saying he is satisfied with the progress of the project, …

Washington, US | Xinhua |  U.S. President Joe Biden signed an executive order Wednesday that would block U.S. high-tech investments in China despite Washington repeatedly stating it has no interest in “decoupling” from China. Designating China as a “country of concern,” the order aims to limit U.S. investments in three …