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Forecasts suggest 2023 may be good for China GDP and local equities

Published : December 02,2022 By ZHOU LANXU  A staff worker works in the factory of Harbin Electric Corporation in Harbin, Northeast China’s Heilongjiang province, Nov 17, 2022. [Photo/Xinhua] China’s economy is expected to rebound next year and sustain the rally in Chinese equities, though market volatility could remain elevated, prominent …

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China mourns the passing away of former president Jiang Zemin

Published: December 01,2022 By Staff writer  The former president of China Jiang Zemin has died at the age of 96 according to China news agencies. Jiang Zemin passed away due to leukemia and multiple organ failure in Shanghai at 12:13 pm on Nov 30, 2022, news agencies announced on Wednesday. Jiang oversaw the peaceful handover of Hong Kong in 1997,and China’s entry …

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China’s traditional tea-making enters UNESCO cultural heritage list

Published: December 01,2022 China’s traditional tea-making was added on Tuesday to the intangible cultural heritage list of the United Nations Educational, Scientific, and Cultural Organization (UNESCO).The item “Traditional tea processing techniques and associated social practices in China” passed the examination at the 17th session of the UNESCO Intergovernmental Committee for …

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China Space Station: Shenzhou-15 manned spaceship launched

Updated 30-Nov-2022 CGTN China successfully launched the Shenzhou-15 spaceship on Tuesday night with three astronauts on board. A Long March-2F Y15 rocket blasted off with the spacecraft from the Jiuquan Satellite Launch Center in northwest China at 11:08 p.m. Beijing Time (1508 GMT). About 10 minutes after the launch, Shenzhou-15 separated …

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Chinese professor urges academic cooperation to facilitate Egypt’s AI research

Published: November 30,2022 A professor from China’s elite Tsinghua University has called for increased cooperation between Chinese and Egyptian academic institutions to help advance artificial intelligence (AI) research in Egypt. Xue Lan, dean of Schwarzman College and director of the Institute of International Governance of Artificial Intelligence at Tsinghua University, told a recent …

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Reprieve for Rwanda as China cancels $7.1 million debt

Published: November 30,2022 By BERNA NAMATA Rwanda’s Minister for Finance and Economic Planning UzzielNdagijimana who on November 28, 2022 signed the $7.1 million debt cancellation agreement with China. PHOTO | FILE | NMG China has offered Rwanda a $7.1 million debt relief or 50 million RMB Yuan on a loan used to …

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Why China and Africa are natural friends and allies.

Published: November 29,2022 By Gerald Mbanda In recent years, western media has consistently built a narrative about China-Africa cooperation that is the opposite of the real situation. There is a claim that China is plunging Africa countries into a “debt trap” by lending much money that cannot be paid back.  The …

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Chinese-sponsored solar-powered boreholes tackling water stress in Kenya’s arid lands

Published: November 29,2022 Winifred Nzioka’s face lit up when a male farmhand delivered several jerrycans of water to her homestead on a balmy late afternoon to quench the thirst of mooing cows. The middle-aged mother of five has put up a permanent house sandwiched between sunbaked farms at the heart of the southern Kenyan …

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Bank of China celebrates 25 years’ service in Zambia

Published:November 28,2022 Zambia’s Finance and National Planning Minister SitumbekoMusokotwane addresses the celebration event marking the 25th anniversary of the establishment of the Bank of China Zambia Ltd. in Lusaka, Zambia, Nov. 25, 2022. The Bank of China Zambia Ltd. celebrated its 25 years of banking services in Zambia as a bridge facilitating …

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Chinese capacity building program fosters skilled workforce in Africa

Published: November 28,2022 At the dispatch center at Djibouti’s Nagad railway station, the young Djiboutian girl Aisha was watching the staff’s operations while paying close attention to the different colored dots and lines flashing on the screen.As one of the first batch of enrolled students at the Djibouti Luban Workshop, Aisha together with her …

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