SPECIAL REPORT | THE INDEPENDENT | The world’s electric car fleet continues to grow strongly, with 2024 sales set to reach 17 million. Despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, …
Read More »China provides funding for school meals to 165,000 children in Karamoja
KAMPALA, UGANDA | Xinhua | China has allocated funding through the United Nations World Food Program (WFP) to provide school meals for over 165,000 children from 315 schools in northeastern Uganda. The contribution is part of China’s commitment to improving food security and nutrition, strengthening people’s livelihoods and boosting local …
Read More »Makerere University marks Chinese Language Day with school fair, folk-custom activities
KAMPALA | Xinhua | Learners’ representatives from around 50 secondary schools and higher learning institutions gathered at Uganda’s Makerere University on Saturday to celebrate the United Nations Chinese Language Day. Organized by the Confucius Institute at Makerere University, the event showcased Chinese calligraphy, music and dances performed by students and …
Read More »China-Africa cooperation in agriculture continues to deepen
BEIJING, CHINA | Xinhua | When visiting an egg production factory in Pinggu District, Beijing’s northeastern suburb, African diplomats were amazed by the automated breeding process and quality products produced. During an organized trip on Wednesday, 28 diplomats from over 20 African countries visited the egg factory, a food technology …
Read More »China needs to align investments with Africa’s energy transition goals – new study
China should focus more on availing more capital for African electrification projects and renewable energy technologies ANALYSIS | RONALD MUSOKE | China should now focus its economic engagement with Africa towards supporting the continent’s energy access and energy transition objectives, recommends a new study by Boston University’s Global Development Policy Centre …
Read More »China confronts the middle-income trap
China will indeed find itself in the middle-income trap if its economic growth rate drops to only 3% COMMENT | NOURIEL ROUBINI | At this year’s China Development Forum (the highest-level annual meeting between senior Chinese policymakers and top CEOs, current and former policymakers, and academics like me), the discussion focused …
Read More »Resilience, potential, fundamentals of Chinese economy remain sound
BEIJING | Xinhua | A series of indicators have shown the Chinese economy accumulated a number of positive elements in the first quarter, kicking off a good start to this year despite pressures and challenges both at home and abroad. The country’s gross domestic product (GDP) recorded a year-on-year growth …
Read More »WTO chief economist sees China as an important driver of global trade
GENEVA | Xinhua | Chinese economic recovery from the impact of the Covid-19 pandemic will be an important factor in driving world trade growth, said Ralph Ossa, chief economist of the World Trade Organization (WTO), in a recent interview with Xinhua. On Wednesday, the WTO published the 2024 edition of …
Read More »China remains top merchandise exporter in 2023 for 7th straight year
BEIJING | Xinhua | China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the Ministry of Commerce said. The ministry made the remarks in response to the latest edition …
Read More »Standard Chartered chairman optimistic on China’s growth outlook
SHANGHAI | Xinhua | China’s economy is likely to keep expanding, and there is reason for strong confidence in its medium and long-term growth prospects, said Jose Vinals, chairman of Standard Chartered Group, in a recent interview with Xinhua. During his seventh visit to China in the last 13 months, …
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