Tag Archives: China

Taking stock of Chinese investments in Uganda Kampala, Uganda | RONALD MUSOKE | China has been Uganda’s second largest trading partner for a while, according to Zheng Zhu Qiang, the Chinese ambassador to Uganda. China is now also the second leading investor in terms of projects. Speaking during the Uganda-China Economic …

  SGR: Chinese contractor faces boot as Kutesa camp returns Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is renegotiating the Standard Gauge Railway (SGR) contract – again. And the negotiations are not going his way, meaning that once again the project is likely to be delayed even more. …

Nigeria, China in currency swap Kampala, Uganda | THE INDEPENDENT | In a signing ceremony that took place in Beijing China, the Central Bank of Nigeria and the Peoples Bank of China agreed to a currency swap worth $2.5billion to make trade between the two countries easy. International reports say the move …

Beijing, China | AFP | A former Chinese Communist Party official who was once tipped as a potential successor to President Xi Jinping was sentenced to life in prison for bribery on Tuesday, the latest senior cadre to fall in Xi’s sweeping anti-corruption crusade. Sun Zhengcai, a former Politburo member …

Kampala, Uganda | THE INDEPENDENT | Ryusei Imai, or “Little Bruce Lee”, as he’s come to be known, started watching Bruce Lee movie since he was one. Then he started imitating scenes from Bruce Lee movies at age four. In one year’s time he had already mastered the nunchaku scene …

Beijing, China | AFP | A knife-wielding man with a grudge killed nine middle school children and injured at least 10 others as they returned home in northern China on Friday, authorities said, in one of the deadliest such rampages in the country in recent years. The 28-year-old suspect was …

Washington, United States | AFP | World Bank shareholders approved a “historic” increase in the bank’s lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said neither China nor any …

Washington, United States | AFP | With US-China frictions hanging over its annual meeting, the International Monetary Fund on Thursday warned governments to avoid harming trade and investment which have been key drivers of the global economic recovery. IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world …

Beijing, China | AFP | A surrogate mother has given birth to a baby boy in China four years after his parents died in a car crash, Chinese media reported. The deceased couple was undergoing fertility treatments before the fatal accident in 2013. Their parents fought a drawn-out legal battle …

Washington, United States | AFP | US President Donald Trump on Tuesday seized on seemingly conciliatory remarks from Chinese leader Xi Jinping, praising Beijing’s “kind words” as a breakthrough in the looming trade war between the two countries. “Very thankful for President Xi of China’s kind words on tarrifs [sic] and …