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Tag Archives: China

Foreign banks can now set up wholly-owned branches in China

China starts lifting restrictions on foreign investment Beijing, China | AFP |  China has started lifting major restrictions on foreign investment in its financial sector, a move long demanded by the United States as the world’s two biggest economies are locked in a fierce trade battle. From the start of …

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Now, China jails scientist who gene-edited babies

Beijing, China | AFP | A Chinese court on Monday sentenced the doctor who claimed to be behind the world’s first gene-edited babies to three years in prison for illegal medical practice, state media reported. He Jiankui, who shocked the scientific community last year by announcing the birth of twins …

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Chinese national killed in Kampala suburb

Kampala, Uganda | THE INDEPENDENT |  Jinja Road Police Station has launched an inquiry into the death of a Chinese national only identified as Fan. Kampala Metropolitan Deputy Police Spokesperson Luke Owoyesigyire, said Fan’s death was brought to police’s attention on Friday morning by his colleague, Zhang Chunmu. According to …

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MUSEVENI: China are genuine friends

  Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has described the Chinese as genuine friends, and thanked them for supporting Africa’s development. ” I recently, signed an MoU with the Chinese president to intensify the relationship between Uganda and China as they are our genuine friends,” he said …

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Gov’t rejecting loans from World Bank

Kampala, Uganda | THE INDEPENDENT  | The government is rejecting loans from the World Bank in favour of those from China. This is according to the National Economy Committee of Parliament. According to Syda Bbumba, the committee chairperson, while meeting officials from the World Bank recently they said that they …

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