Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continent’s … ( read original…
Monthly Archives For September 2018
China focuses on sustained growth as its economy slows
China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 per cent last … (…
China’s Xi offers $60bn in financial support to Africa
China’s President Xi Jinping has offered $60bn in financial support to African countries and written off debt for poorer African nations. Speaking at the opening of a major summit with African leaders … ( read…
China offers another $600-billion to Africa, but says no to ‘vanity’ projects
China defends continued lending to Africa on the grounds that the continent still needs debt-funded infrastructure development. Speaking earlier at a business forum, Xi said China had to be careful ab… ( read original story…
Chinese e-commerce billionaire returns to Beijing after U.S. arrest
BEIJING — A Chinese e-commerce giant says its billionaire founder, Liu Qiangdong, has returned to China after earlier being arrested in the U.S. on suspicion of criminal sexual conduct. Zhang Shuhan, … ( read original…
China’s Health Revolution: Getting Out of a Looming Health Care Crisis
China’s hospitals are becoming overstretched as population aging and urbanization send demand for health care soaring. But a new wave of world-leading Chinese health technology companies believe they … ( read original story …)
China, Africa expand, upgrade financial cooperation
China and Africa have witnessed expanded and upgraded financial cooperation over the past three years. It is a result of the great efforts made by China to accelerate African countries’ industrializat… ( read original story…
China’s Xi pledges $60 billion in financing for Africa
BEIJING — Chinese President Xi Jinping on Monday pledged $60 billion in financing for projects in Africa in the form of assistance, investment and loans, as China furthers efforts to link the continen… ( read…
Tariff fight adds to China’s economic challenges
BEIJING — China faces bigger economic challenges than its trade war with the U.S. Even before tit-for-tat tariffs, growth in the world’s No. 2 economy was already forecast to cool from 6.8 per cent la……
China looking into e-commerce billionaire’s U.S. arrest
BEIJING – China’s foreign ministry said Monday it is looking into … Nasdaq-listed JD.com said in a statement Sunday that Liu was falsely accused while in the U.S. on a business trip, and that police…
China’s manufacturing growth hits 14-month low as trade war bites – business live
China isn’t the only country to experience a manufacturing slowdown last month. South Korea’s factory sector shank for the sixth month in a row. Its manufacturing PMI came in at 49.9, up from 48.3 in…
China Unicom connects with Africa to boost telecom development
China Unicom’s information and communication technology service links China, Africa and South America. Photo provided to China Daily China Unicom, one of the nation’s top three telecom carriers … ( read original story …)
China’s mega banks are boasting higher profits, but investors still aren’t buying their stocks
Investors fear that Chinese authorities, facing a slowing economy and worsening tensions with the U.S., may abandon plans to deleverage and the banking industry could see bad debt pile up again. The l… ( read…
