Tag Archives: China

Western lenders for long have not been put on the spotlight for debt relief because they successfully managed to dupe the world that it’s only Chinese lenders that pose a threat to Africa Beijing, China | Xinhua | Like many senior U.S. officials who have visited Africa, U.S. Treasury Secretary Janet …

Beijing, China | Xinhua | China’s top economic planner said Monday it will stockpile pork, the country’s staple meat, to replenish state reserves, as an index monitoring pork prices has dropped below a warning level. The index, the national average of pork prices against grain prices, came in at 4.96 to …

Washington, US |  THE INDEPENDENT | President Joe Biden has confirmed that the US military has shot down a massive Chinese surveillance balloon that moved across the continental US this week. The US believes the balloon was being used for surveillance, disputing China’s statement that it was a civilian aircraft used …

COMMENT | Zhu Shaobin – Xinhua |  High-ranking U.S. officials are heading to Africa, hot on the heels of the U.S.-Africa Leaders Summit held last month for the first time in eight years. Following U.S. Treasury Secretary Janet Yellen’s trip to the continent earlier this month, U.S. Ambassador to the …

The bank’s cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies Kampala, Uganda | Leo Komminoth | The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 …

Critics want mega-infrastructure investments scrapped COVER STORY | IAN KATUSIIME |  Big infrastructure projects such as the Standard Gauge Railway (SGR) in Uganda, have critics saying such investments have led to high inflation and increased cost of living for ordinary citizens and limited growth. This happened after countries like Uganda, …

Kampala, Uganda | THE INDEPENDENT | Uganda on Tuesday hailed China for the support it continues to give to countries under the South-South cooperation framework. While speaking at the opening of the second Africa High-Level Forum of South-South and Triangular Cooperation for Sustainable Development held in Kampala, the capital of Uganda, Ugandan …

Libreville, Gabon | Xinhua | Gabonese President Ali Bongo Ondimba on Thursday met with Chinese Foreign Minister Qin Gang in Libreville, the Gabonese capital. Qin conveyed Chinese President Xi Jinping’s warm greetings to the Gabonese president, noting that the China-Gabon relations, which were jointly forged by leaders of older generations of …

CONFIRMED: Uganda writes to Chinese firm to cancel $2.2bn SGR railway line building contract, turns eyes to Turks  Kampala, Uganda | THE INDEPENDENT | Government has written to the China Harbour Engineering Company (CHEC) seeking to cancel an eight year old $2.2bn Standard Gauge Railway (SGR) contract. According to a high level source …

Freetown, Sierra Leone | Xinhua | President of Sierra Leone Julius Maada Bio said Wednesday that his government valued the mutual relationship between Sierra Leone and China that has stretched for decades. The president commented while receiving the new Chinese ambassador to Sierra Leone Wang Qing at the State House. “My government is …