Tag Archives: China

Beijing, China | AFP |  Chinese e-commerce giant Alibaba’s sales soared 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said Wednesday. The year-on-year growth in group sales, to 34.29 billion yuan ($5.14 billion), was not matched by …

Zurich, Switzerland | AFP | China’s state-owned chemical corporation (ChemChina) said Tuesday that it had extended its $43 billion offer for Swiss seed giant Syngenta until January 5, after EU regulators announced they would probe the deal. The massive takeover would be the biggest in a recent spate of Chinese …

Beijing, China | AFP | Chinese Communist chief Xi Jinping’s ascension to the highest title in the party hierarchy formalises his position as its pre-eminent figure, analysts said, making him the country’s most powerful leader in a generation and inviting comparisons with Mao Zedong. The ruling party’s declaration that Xi …

Beijing, China | AFP |  Most Chinese people want Communist Party chief Xi Jinping to be a “core” leader in the mould of Mao Zedong, official media said a survey showed, as he seeks to consolidate his control. The People’s Tribune magazine, an affiliate of the Communist Party mouthpiece People’s …

Beijing, China | AFP | The leaders of the world’s most powerful political party gather in Beijing on Monday for a conclave that could change the course of Chinese history. In meetings at the exclusive Jinxi Hotel, safe from the public’s prying eyes, nearly 400 top members of the Chinese …

Beijing, China | AFP |  China has slammed the US for sailing a warship near disputed territory in the South China Sea, saying the move was a “serious illegal act” and “deliberately provocative”. In a statement on its website late Friday night, the country’s defence ministry said two Chinese naval …

VIDEO: Uganda National Roads Authority Executive Director Allen Kagina has admitted that she signed documents to pay a Chinese company sh7 billion without taking a thorough check on the documents. Kagina together with the directors of the Chinese construction company China Railway Group 3 returned to explain to the Parliamentary Committee on …

Beijing, China | AFP | Philippines’ President Rodrigo Duterte declared his “separation” from longstanding ally the United States, in Beijing on Thursday, as he rebalances his country’s diplomacy towards China. Duterte is in China for a four-day trip seen as confirming his tilt away from Washington and towards Beijing’s sphere …

Beijing, China | AFP |    Chinese growth stabilised in the third quarter, data showed Wednesday, as ample credit and hot property markets propped up the world’s second-largest economy. But while the forecast-beating reading was in line with state targets, it came as experts warned that authorities have relied too …

VIDEO: How did Uganda National Roads Authority degenerate into the mess it finds itself in? How did Chinese firms beat legal and construction processes to access billions in shillings, which billions according to the committee of parliament were meant to compensate those affected by the road construction works? As Joseph Sabiti attempted to dig deep …