The Beijing Declaration was passed on Friday as the 18th World Water Congress concluded in Beijing, with President Xi Jinping’s water governance strategy inscribed into the document.
Monthly Archives For September 2023
Kenya’s Proposal For A Green Bank: The IMF, World Bank, And China’s Role
As the world faces a climate crisis, Kenya’s President William Ruto recently proposed the creation of a global green bank. s …
China’s Defense Chief Li Shangfu Joins List of Missing Senior Officials
China’s defense minister Li Shangfu is reportedly under investigation … and Xu Hongcai was removed from the post of vice-minister of finance. The council also reported that Xiang Dong will no longer …
China Lashes Out At EU Possibly Imposing Tariffs On Its EVs, Warns Of Consequences
European Commission President Ursula von der Leyen asserts that state subsidies in China have allowed carmakers to keep their EV prices artificially low. The probe could lead to tariffs being applied to EVs built in…
China, Zambia upgrade ties, focus on key economic sectors
President Xi Jinping said on Friday China supports Zambia in safeguarding its national sovereignty, security and development interests, while encouraging more imports from the southern African country.
Binance CEO Issues ‘Frank’ Warning As Fears Swirl Of An Imminent Bitcoin, Ethereum And Crypto Price Crash
Binance CEO Changpeng “CZ” Zhao has issued a “frank” warning over disappearing “fiat ramps” that could weigh on the entire bitcoin, ethereum and crypto …
Yum China says tech investments let it open more stores without needing more staff
Yum China is spending more on tech, an investment that’s allowed it to open more stores without having to hire more staff, CEO Joey Wat told CNBC.
Stocks edge higher as ‘peak rate’ bets, ARM debut, China data boost sentiment
Stocks are looking to add to gains founded on a dovish ECB rate hike, a nascent China recovery and a spectacular Nasdaq debut for ARM Holdings’ IPO. U.S. equity futures extended gains Friday, …
Meet the Black students who were instrumental in developing the first Covid-19 shots
The fruits of the work done by Olubukola Abiona, Geoffrey Hutchinson and Cynthia Ziwawo remain evident as the US rolls out new Covid-19 vaccines.
China appears to have suspended spy balloon program after February shootdown, US intel believes
China appears to have suspended its surveillance balloon program following a major diplomatic incident earlier this year, when one of the country’s high-altitude spy balloons transited the United States,
China Shrinks Budget Deficit in Sign of Weak Fiscal Support
China’s budget deficit continued to contract so far this year, a sign of weak fiscal support for the economy despite a slowdown in growth.
China’s economy shows signs of stabilising but property slump threatens outlook
China’s passenger vehicle sales also returned to growth in … It grew 3.4% in the first seven months. An uncertain business climate meant companies remained wary about hiring, but the nationwide …
China’s house-price slump drags on as Beijing battles to shore up the country’s crisis-hit property sector
The world’s second-largest economy is grappling with a property crisis that’s threatened to drag growth even lower.