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Tag Archives: China

IMF warns of further downside risks for global economy

Davos, Switzerland | Xinhua | The International Monetary Fund (IMF) on Tuesday warned of further headwinds for the global economy and spiralling inflation around the world due to the conflict in Ukraine, while voicing that China will remain an engine of growth after the “near-term headwinds”. “We are seeing additional weaknesses …

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Chinese business community seek clarity on Uganda tax exemptions

Kampala, Uganda | THE INDEPENDENT | Chinese doing business in Uganda have today engaged the Uganda Revenue Authority (URA) seeking clarification on several tax administration concerns, most notably how to get tax exemptions. In the meeting with URA officials, the business community under the Chinese Chamber of Commerce, Uganda SINOCHAM …

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China urges Japan to make clean break with militarism

Beijing, China | Xinhua | China on Thursday urged Japan to earnestly honor its statement of and commitment to facing up to and reflecting on its history of aggression and make a clean break with militarism. Chinese Foreign Ministry spokesperson Wang Wenbin made the remarks after Japanese Prime Minister Fumio Kishida …

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China, Uganda sign economic, technical cooperation agreement

Kampala, Uganda | THE INDEPENDENT | Uganda and China on Thursday signed an economic and technical cooperation agreement aimed at improving the livelihood of Ugandans. Matia Kasaija, the Ugandan minister of Finance, signed the document on behalf of Uganda while Zhang Lizhong, the Chinese ambassador to Uganda, signed it on behalf of …

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