The African economy has been severely impacted by the ravaging pandemic and a reeling world economy. It has driven economies into recessions and reversed many developmental plans, with more people left unemployed. This begs the question, where can Africa look for lessons to kick-start its economy? China, more than any …
Read More »Opinions
Samsung shifts focus to high-end manufacturing
Samsung Electronics Co Ltd is shifting its focus in China to high-end manufacturing and cutting-edge technology sectors like semiconductors and electric vehicle batteries, while deciding to shut down its television factory in Tianjin. The company has decided to stop production at its only TV factory in China by the end …
Read More »China donates 2nd batch of medical supplies for Ghana’s COVID-19 fight
The Chinese government on Wednesday presented the second batch of medical supplies to the Ghanaian government to support its fight against the COVID-19 pandemic. The medical supplies presented through Ghana’s health ministry included 20,000 N95 protective face masks, 350,000 surgical masks, 10,000 disposable coveralls, 15,000 medical goggles, 15,000 pair of …
Read More »Kenyan hoteliers say high taxes may slow tourism sector recover
Kenya’s tourism and hospitality stakeholders on Monday called on the government to lower taxes and levies in the tourism industry to help attract more domestic visitors and recreate jobs for the youth. HasnainNoorani, chairman of Kenya Coast Working Group, an umbrella organization of tourism stakeholders, said the sector which has …
Read More »Xi’s upcoming attendance at UN meetings illustrates China’s commitment to multilateralism
— The UN Charter was signed at a time when world leaders felt a strong need for a mechanism that would help bring peace and stop future wars, which was possible only if all nations worked together through a global organization. — After decades of globalization and integration, the world …
Read More »US-China relations on a slippery slope
During the entire history of US-China relations since the Nixon visit in 1972, US-China relations have never been as bad as they are today. On this most people are in agreement. And it has come to this state largely due to an offensive launched most aggressively by the Secretary of …
Read More »China’s poverty alleviation “inspiring model” for developing states, says Egyptian politician
China’s accomplishments in poverty alleviation represent an inspiring model for developing countries to learn from, said a renowned Egyptian politician in a recent interview with Xinhua. Ahmed Bahaa El-Din Shaaban, secretary-general of the Egyptian Socialist Party, described cooperation with China and learning from its development experience as “a historical opportunity” …
Read More »Ethiopia opens facility to make coronavirus test kits
Ethiopia has opened a facility to produce kits to test for the COVID-19, saying its researches are working to develop and test a vaccine amid an increase of the virus cases. The company producing the testing kits is a joint venture with a Chinese company, called BGI Health Ethiopia. On …
Read More »Hundreds of thousands have been given Chinese COVID-19 vaccines without a single infection
The two vaccines, developed by China National Biotec Group (CNBG), are expected to enter the market as soon as this December, and two shots will cost less than 1,000 yuan (about 146 U.S. dollars), said Zhou Song, the company’s general legal counsel. They are still undergoing phase three trials for …
Read More »South-South cooperation is the way to go
Although the COVID-19 pandemic has wrought devastating social and economic consequences globally, it has resulted in surprising outcomes. While the pandemic has hit developed economies hard, developing countries have relatively weathered the storm beyond expectation. Whereas developed countries in Europe and the U.S. have recorded high levels of infection and …
Read More »