China’s $13.5 billion investment in Africa’s ICT sector is transforming economies through digital infrastructure and innovation. Initiatives like CASTPP enhance technological capabilities, driving growth in fintech and e-commerce, with mutual …
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BusinessPolitics
U.S.-China Trade Tensions Escalate as President Trump Links Tariffs to Fentanyl Crisis
President Donald Trump has doubled tariffs on Chinese imports to 20%, citing Beijing’s alleged role in the U.S. fentanyl crisis. China strongly denies the accusations, releasing a white paper detailing …
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While BRICS members push for de-dollarization, India has once again rejected the prospects of a new currency and praised the US dollar for maintaining global stability.
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China and South Africa are taking a stand against U.S. trade restrictions, warning of the dangers of protectionism to global economic stability. With South Africa’s $518.68M steel exports to the …
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BusinessWorld
Modernizing Africa: How the BRI and AfCFTA Can Drive Integration and Economic Transformation
Africa’s path to modernization hinges on strategic partnerships, industrialization, and infrastructure connectivity and BRI present that opportunity.
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At the recent press conference, Foreign Minister Wang Yi reaffirmed China’s commitment to Africa’s economic growth, emphasizing deeper trade ties, investment, and market access. With bilateral trade reaching $282 billion …
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BusinessColumnistsPoliticsWorld
Africa a big stage for international cooperation, not an arena for major-power rivalry: Chinese FM
Africa is a big stage for international cooperation, not an arena for major-power rivalry, and China hopes that other economies can work together with China to benefit Africa, the Chinese …
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BusinessColumnistsPoliticsWorld
Joining hands to advance modernization’ a gift of China and Africa to the World: Global Times editorial
The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) will be held in Beijing from Wednesday to Friday. Leaders from China and over 50 African members, as well as …
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Several national leaders of African countries have arrived in Beijing to attend the upcoming 2024 Summit of the Forum on China-Africa Cooperation (FOCAC)
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BusinessPoliticsWorld
Wang Yi meets Namibian leaders, says tradition of Chinese foreign minister making Africa the first overseas visit never changing or wavering
The Chinese Foreign Minister’s first overseas visit each year is always to Africa, which is a fine tradition and a distinctive feature of China’s diplomacy. This practice has remained consistent …
