China has become a leading reformer among large economies in improving the business environment, according to a report issued by the World Bank. The “Doing Business 2020” report, the latest in a series of annual reports by the World Bank, shows that China has been included among the top 10 …
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50 entrepreneurs stand out in Jack Ma Foundation’s competition for African “business heroes”
Top 50 finalists have emerged in a Jack Ma Foundation competition that seeks to support African entrepreneurs. This year’s “Africa’s Business Heroes” prize competition, organized by Jack Ma Foundation’s flagship philanthropic program in Africa, Africa Netpreneur Prize Initiative, is the second edition after its 2019 debut. The competition aims to …
Read More »AU commends China for continued support in disease prevention
The African Union (AU) has highly commended China for the country’s continued support and assistance to Africa’s capacity building endeavors in disease control and prevention. In a statement on Wednesday, the 55-member pan-African bloc said that it has signed with China a memorandum of understanding (MoU) at a virtual ceremony …
Read More »Liberia becomes Africa’s Newest AIIB Member: What are the Prospects for Infrastructural Development?
Liberia acceded to membership of the Asian Infrastructure Investment Bank (AIIB) on 28 July 2020, as a non-regional member joining a host of 102 other countries comprising 44 regional members, 36 non-regional members and 22 prospective members. Other African countries that have already joined the club include Egypt, Ethiopia, Madagascar, …
Read More »What contributes to an innovative China?
Editor’s note: China and the U.S. are widely believed to be at the forefront of and, by some account, in a race to dominate the global AI revolution. Richard Turrin, the author of the best-selling “Innovation Lab Excellence”, who previously headed IBM’s Fintech Innovation Lab in Singapore and IBM’s banking …
Read More »China offers fresh support to Rwanda amid COVID-19 pandemic
Chinese People’s Political Consultative Conference (CPPCC), the top political advisory body of China, has donated medical supplies to the Senate of Rwanda, becoming the latest support China has provided to the central African nation since COVID-19 broke out here in March. The donation of 22,400 disposable medical masks was handed …
Read More »China flies AG600 large amphibious aircraft from sea
China-developed AG600, the world’s largest amphibious aircraft, succeeded in maiden flight from sea.With long-range and long-haul capabilities, the AG600 is designed to operate in complex weather and environment conditions. China’s indigenously-developed AG600 large amphibious aircraft succeeded in its maiden flight over sea on Sunday morning in Qingdao, east China’s Shandong …
Read More »The future of China’s economic engagement
Oil trades at a negative price. Unemployment in the United States is nine times greater than during the period following the Global Financial Crash (GFC) in 2008. A poorly managed response to COVID-19 infections and a medical system that favors the affluent, means around two thousand people are dying every …
Read More »U.S. must make ‘a fundamental choice’ to cooperate with China in today’s world, says China’s ambassador
Chinese Ambassador Cui Tiankai said that the U.S. has to make “a fundamental choice” as to whether it’s ready to live with China in peace and cooperate with the rising power to jointly tackle global challenges. Speaking on CNN’s GPS program, Cui said “people have to fully recognize the realities …
Read More »Ethiopia: A Country in Transformation and on a Move to Prosperity
2020 marks the 50th year of the establishment of bilateral relations between the Federal Democratic Republic of Ethiopia and the People’s Republic of China. The theme of the commemoration is : China –Ethiopia at 50: Ancient Civilizations and New Partners, is aimed at looking back to the last fifty years …
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