TAIPEI/BEIJING | Xinhua | The 7.3-magnitude quake in China’s Taiwan on Wednesday morning had left nine people dead and 1,011 people injured as of 10 p.m., according to the local emergency operation center. Meanwhile, more than 100 people were trapped following the earthquake that hit the sea area near Hualien …
Read More »Absa to open China office, eyes trade revenue boost
Documentary products such as guarantees, letters of credit and supply chain finance are the “core solutions that the lender expect to see continued demand for” from Chinese corporates ANALYSIS | FELIX THOMPSON | Pan-African lender Absa Bank is anticipating a significant rise in trade finance revenues on goods flows linking China …
Read More »Uganda’s women badminton coach happy to avoid host China in 2024 Uber Cup
KAMPALA, UGANDA | Xinhua | The head coach of Uganda’s women’s team has said he is happy they will avoid host China in the group stage of the 2024 Uber Cup. China will host the 2024 Thomas & Uber Cup in Chengdu from April 28th to May 5th, 2024. The …
Read More »What, if anything, has U.S. gained from its trade war with China?
BEIJING, CHINA | Xinhua | Though clashing in many ways, the current U.S. administration and its Republican predecessor have one thing in common: the trade war against China. As recently as February, U.S. utility company Duke Energy, under pressure from Congress, reportedly planned to remove Chinese battery giant CATL from …
Read More »China, Uganda in joint pursuit of mutual development, says envoy
KAMPALA, Uganda | Xinhua | As China continues to pursue its path to modernization, it is determined to cooperate with other nations to build a community with a shared future, a Chinese envoy said here Thursday. China has been supporting Uganda’s development in various fields, including trade, health and agriculture, over …
Read More »China turns focus on quality over quantity
EIJING | Xinhua | At the just-concluded sessions of China’s top legislature and top political advisory body, or the “two sessions,” Chinese President Xi Jinping called for major moves to deepen reform to inject strong impetus into promoting high-quality development, arousing heated discussions among the media and the public. So, …
Read More »Chinese-made equipment shining bright at 13th African Games
ACCRA, GHANA | Xinhua | The 13th African Games, currently underway in Accra, Ghana, are showcasing sports equipment predominantly bearing the “Made in China” label, from table tennis tables to weightlifting platforms. This equipment has earned high praise from both participants and sports authorities for its high quality. Zhang Wei, …
Read More »Uganda to send badminton team for Thomas & Uber Cup in China
KAMPALA, Uganda | Xinhua | The Uganda Badminton Association (UBA) has announced that their women’s team will participate in the Thomas & Uber Cup in China. Simon Mugabi, the Chief Executive Officer of the Association, told Xinhua in an interview on Wednesday that after the withdrawal of South Africa, Uganda, …
Read More »Africa pins hopes on China-Africa think tanks to accelerate economic growth
The 13th Meeting of the China-Africa Think Tanks Forum opened in Tanzania’s port city of Dar es Salaam on Friday, with participants describing it as a springboard for the continent’s economic and industrialization agenda. DAR ES SALAAM, TAZANIA | Xinhua | The 13th Meeting of the China-Africa Think Tanks Forum …
Read More »A closer look at economic potential behind China’s growth target
BEIJING | Xinhua | China sets an economic growth target of around 5 percent for 2024. In setting the target, the need to boost employment and incomes and prevent and defuse risks have been taken into account, and the growth rate is well aligned with the objectives of the 14th …
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