africachinareview

China accounts for half of foreign direct investment in Ethiopia

Published: May 30,2024 Ethiopia attracted 3 billion U.S. dollars in foreign direct investment (FDI) in the first 10 months of the current Ethiopian Fiscal Year 2023/2024, which started July 8, 2023, an Ethiopian official has said. Hanna Arayaselassie, chief commissioner of the Ethiopian Investment Commission, said on Tuesday that the commission …

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China, Equatorial Guinea vow closer exchanges, cooperation for more dynamic ties

Published: May 29,2024 Chinese President Xi Jinping (L) holds a welcome ceremony for Teodoro Obiang Nguema Mbasogo, president of the Republic of Equatorial Guinea, in Beijing, China, May 28, 2024. /Xinhua On Tuesday, Chinese President Xi Jinping and TeodoroObiang Nguema Mbasogo, president of the Republic of Equatorial Guinea, announced the elevation of bilateral ties to a comprehensive …

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Chinese investment helps Uganda drive industrialization, modernization

Published: May 29,2024 As dawn breaks, Hellen Mugala, 27, joins hundreds of her colleagues on their way to work at the Sino-Uganda Mbale Industrial Park, located in the eastern Ugandan district of Mbale. “This industrial park has helped many local people. I have acquired skills and earned a living from the Chinese company,” Mugala said. According to …

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Tanzania President Samia eyes more Chinese loans at this year’s Focac

Published: May 28,2024 Tanzania’s President Samia Suluhu Hassan. PHOTO | POOL President Samia Suluhu Hassan will visit China in September for the Forum for China-Africa Cooperation (Focac), where she is expected to sign new loan deals as Tanzania begins to implement a freshly revised foreign policy. According to the Ministry of Foreign Affairs and East African Cooperation, …

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China is not an enemy of America: USscholar Jeffrey Sachs

Published: May 28,2024 By Staff writer  File photo of Jeffrey Sachs. [Photo: AFP] Columbia University economics professor Jeffrey D. Sachs refuted claims by American politicians that China is an enemy of the United States of America. In a recent media interview, Professor Sachs says that instead, China is rather a threat to US hegemony. “Basically, what’s happening is that China …

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International community supports China’s objection to Taiwan region participation in WHA

Published: May 27,2024 Logo of the World Health Organization. /CFP The overwhelming majority of the international community has expressed their opposition to the Taiwan region’s participation in the upcoming World Health Assembly (WHA), the highest decision-making body of the World Health Organization (WHO), said a Chinese representative on Saturday. China has …

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PLA drills shock ‘Taiwan independence’ secessionist forces

Published: May 27,2024 By Liu Xuanzun A sailor onboard a warship of the Chinese People’s Liberation Army (PLA) Navy conducts reconnaissance on a military vessel of the island of Taiwan during the Joint Sword-2024A exercise around Taiwan island on May 24. Photo: PLA Eastern Theater Command The just-concluded large-scale joint exercise conducted …

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China-Zimbabwe cultural exchange event held to mark Africa Day

Published: May 26,2024 A girl performs a traditional Zimbabwean dance during a China-Zimbabwe cultural exchange event in Goromonzi, a rural community in Mashonaland East Province, Zimbabwe, on May 23, 2024. (Xinhua/Tafara Mugwara) Chinese firm Prospect Lithium Zimbabwe (PLZ), together with the Confucius Institute at the University of Zimbabwe, held a cultural exchange event Thursday …

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Cooperation with China transforms Equatorial Guinea, says President Obiang

Published: May 26,2024 Equatorial Guinean President Teodoro Obiang NguemaMbasogo speaks during an interview with Xinhua in Malabo, Equatorial Guinea, May 22, 2024. (Xinhua/Han Xu) Since the establishment of their diplomatic relations, China and Equatorial Guinea have supported and helped each other, yielding rich fruits in bilateral cooperation with broad development prospects, said Equatorial Guinean President Teodoro Obiang NguemaMbasogo. …

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U.S., Chinese experts call for bilateral collaboration on food security, agriculture

Published: May 25,2024 The United States and China need to collaborate to tackle food insecurity and other challenges in agriculture, said experts from both countries. The two countries are dealing with food insecurity on both the production side and the consumption side, said Caitlin Welsh, director of the Global Food …

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