Recently, numerous reports have been emanating from Uganda alleging China could take over the Entebbe International Airport over supposed default on a $200 million loan to expand the facility.
Tagged By business
China Growth Stocks Look Like Havens as Markets Confront Omicron
China’s Covid-zero strategy seems to be proving a boon for its equities as global markets fret over the omicron coronavirus strain. Nowhere is this more evident than in the performance of the nation’s …
Scrutinising imports: China launches mandatory overseas food manufacturer registration platform to tighten food safety
China recently launched its new online overseas food manufacturer registration platform, which is mandatory for all firms looking to export into the country from January, as official seek to improve …
China feed imports double previous record
World corn, barley and sorghum trade to China in the year ending 30 September 2021 collectively, at 50.2Mt, doubled the previous record set in 2014/15…Read More …
China’s tariffs are squeezing the life out of the Australian wine industry’s most lucrative market
China’s tariffs on Australian wine imports have wiped almost a billion dollars from the trade, and the industry is bracing for more pain heading into the 2022 vintage.
China’s Economy Likely Remained Weak as Factories Slump
China’s manufacturing activity likely remained subdued in November, with weak domestic demand in the economy outweighing any relief that came from an easing in energy shortages. The official …
China blowback looms for Schumer’s Innovation and Competition Act
After months of discord and delay, the House will soon be moving ahead on Senate Majority Leader Chuck Schumer’s China-targeted $250 billion U.S. Innovation and Competition Act, bolstered by a …
Apple becomes largest smartphone brand in China in October 2021
Tech giant Apple has surpassed smartphone brand Vivo to emerge as the largest smartphone vendor in China in October 2021, says a report.
Cover Story: How Will New Data Security Rules Reshape China’s Internet Industry?
Beijing’s new rules on cybersecurity will affect overseas listings by artificial intelligence companies and other data-intensive businesses. An initial public offering (IPO) by SenseTime, China’s …
Chinese crypto news site shutters
ChainNews, one of China’s top crypto news sites, shuttered its operations today, reports Eliza Gkritsi of CoinDesk. Gkritsi reports, “Earlier Friday the co-founder announced the closure in his …
Apple Becomes No. 1 Phone Brand in China for First Time in 6 Years
Apple ranked no. 1 for smartphone sales in China during October 2021 — reports Patently Apple, citing data from market analytics fir. Following Huawei’s fall from the top that began last year, the …
China greenlights four sci-tech IPOs
BEIJING: China’s securities regulator has approved four companies’ initial public offerings (IPOs) on the science and technology innovation board. Bingo Software Co., Ltd., Focuslight Technologies Inc …
EDITORIAL: Diversifying export markets
The nation’s GDP rose 3.7 percent annually in the third quarter of this year, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said on Friday. The agency forecast that the economy …
