Nairobi, Kenya | Xinhua | Lives have improved for Kenyans following the successful implementation of the China-proposed Belt and Road Initiative (BRI). Tens of Chinese investors have set foot in Kenya, while hundreds of young Kenyan students have traveled to China to study, with most on scholarships. Experts agree that …
Read More »China hands over Zimbabwe’s new parliament building
Harare, Zimbabwe | Xinhua | The Chinese government on Thursday handed over to Zimbabwe a new parliament building that was constructed and funded by China through a grant. Tang Wenhong, vice chairman of China International Development Cooperation Agency (CIDCA) and head of a visiting Chinese delegation, officially handed over the …
Read More »Peaceful, cooperative US-China relationship essential for world, says Kissinger
New York, US | Xinhua | “A peaceful relationship, a cooperative relationship between the U.S. and China is essential for peace and progress of the world,” said former U.S. Secretary of State Dr. Henry A. Kissinger on Tuesday. “I’m confident all of you here agree that peace and progress between …
Read More »Stop EACOP shifts campaign to Chinese banks
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 …
Read More »China’s success inspires Africa to seek independent development path
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 …
Read More »Chinese lending to Africa remains below $2bn for second consecutive year
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 …
Read More »Chinese economy naysayers to be disappointed yet again: economic planner
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 …
Read More »Interview: Ethiopian Airlines eyes tapping surging market in China
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. …
Read More »Bank of China transacts first direct investment in yuan in Argentina
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 …
Read More »Environmental activists turn up the heat on China at BRICS Summit
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 …
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