China-Africa Trade relations has recorded tremendous increase under the Forum on China-Africa Cooperation (FOCAC) in two decades. Mr Zhao Yong, Deputy Ambassador of the People’s Republic of China to Nigeria, made this known in Abuja during a Rountable with the theme “FOCAC at 20: Achievements and prospects” organized by the …
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China’s promise and practice of opening-up
The China International Import Expo (CIIE), hailed as “an innovation in the history of global trade,” opened its third edition in this Chinese trade hub on Wednesday. As the world’s first import-themed national-level expo, the CIIE embodies China’s solemn promise to opening-up, and epitomizes its firm commitment to supporting economic …
Read More »Growing trade, investment flows now hallmark of BRI
Commerce between China, participating economies up by 1.5% to $1.01 trillion Win-win cooperation and rising development opportunities have become the hallmarks of the Belt and Road Initiative-and ample proof can be found in the steady growth in trade and investment flows between China and the participating economies in the past …
Read More »BRICS has come of age, can create an empathetic new world order
By Stephen Ndegwa The sixth BRICS Parliamentary Forum, currently under Russia’s chairmanship, will take place on October 27. Due to social distancing rules and international travel challenges posed by the coronavirus pandemic, the conference is being held via videoconferencing. The forum’s theme is “BRICS Partnership for Global Stability, Shared Security and …
Read More »A more open China to deliver more opportunities to anxious world
– The struggling world economy is now facing a hard and unpredictable path to recovery amid a raging pandemic, and economic globalization is riding into strong headwinds amid rising trade protectionism and isolationism worldwide. – In this age of expanding global connectivity, the future of all countries are bonded together. …
Read More »Chinese-owned rice farm skills farmers in rural Uganda to boost household incomes
As the world marks World Food Day on Friday, a Chinese-owned rice farm in the central Ugandan district of Kalungu is skilling farmers on how to farm the crop to increase their household incomes. The over 3,000-acre paddy rice farm, owned by Zhong’s Industries Ltd, a private Chinese enterprise is …
Read More »China, champion of global economic recovery
If ever the world needs a dose of recovery miracle, it is now; I think that recovery miracle has started to unfold in China, who knows how to turn crisis into opportunity. The Chinese did it over four decades ago when the world doubted them. And now, they are doing …
Read More »Chinese-built solar power stations help ‘light Africa’
As nearly one thousand photovoltaic (PV) panels sparkled in the sun and colorful flags fluttered in the breeze in the tawny Gobi desert, an off-grid PV power station project undertaken by a Chinese company in Somali region, Ethiopia, was officially completed and electrified recently. Thanks to the project, nearly 6,000 …
Read More »China – Africa historical cooperation, in the eyes of an African.
Let me be clear, the purpose of my articles in not aimed at drawing parallels between China and United States of America. However, I have to also admit that it is very difficult to talk about China’s success, in isolation of the USA; the two world’s biggest economy. The US’s …
Read More »Ethiopia: Chinese Companies Invests Over U.S.$1.1 Billion in Ethiopia
Chinese companies, with close to 1,564 projects that were either operational or under implementation during the past two decades, are the top players in Ethiopia’s investment landscape both in terms of the number of projects and the financial capital, an official at the Ethiopian Investment Commission (EIC) said. Speaking exclusively …
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