Currently, BOC has established branches or offices in eight African countries. Leveraging its advantages in globalization and competitiveness, the bank has pledged to support the upgrading of …
Tagged By finance
What to expect from the Forum on China-Africa Cooperation Summit
China’s President Xi Jinping will open the ninth Forum on China-Africa Cooperation Summit on Thursday, where he is expected to urge African leaders gathered in Beijing to absorb more Chinese goods in exchange for pledges…
China’s relationship with Africa is growing murkier
Too often, though, “internal rivalry and competition over the same resources” weakens the continent’s bargaining power, notes Cliff Mboya, a Kenyan analyst. And, economically, Africa needs China more …
Debt woes and funding needs in focus as China hosts African leaders
A China-Africa summit in Beijing this week takes place as a continent slowly emerging from a series of defaults seeks to define its future cooperation with the Asian nation that partly fuelled its …
China to help Nigeria fight money laundering, terrorism financing
The Chinese government says it will partner with Nigeria in the fight against money laundering and terrorism financing. A joint statement issued by both countries said the agreement aimed at …
China rolls out red carpet for African leaders as it strategizes against the West
China is rolling out the red carpet for 53 African leaders as it seeks to strengthen ties and cement its influence in the mineral-rich and strategically centered continent. The three-day summit in …
China, African leaders agree on major financing, trade deals at FOCAC summit in Beijing
Agreements on infrastructure, railways, energy and minerals top forum’s first day as Xi urges African support for China at UN, G20, Brics …
National economy minister meets with bank executives in Beijing
National Economy Minister Marton Nagy met with executives of the Bank of China (BoC) and the China Construction Bank (CCB) during his official visit to Beijing.
China: It is up to us to seize these opportunities – Cyril Ramaphosa
South Africa and China have vibrant, diverse and growing economies, with a wealth of opportunities for businesses wishing to expand into new markets. China is currently South Africa’s largest trading …
Will try to convince finance ministry to raise steel import duties to 10-12%: HD Kumaraswamy
Union Steel Minister H D Kumaraswamy on Wednesday said he will try to convince the finance ministry to raise duties on steel imports to 10-12 per cent from the current 7.5 per cent. The move…
China-Africa summit 2024: What’s in it for Beijing, Xi Jinping and Africa?
Beijing is looking to woo African countries with more investment dollars in exchange for better access to raw minerals.
West plugs defences as China cranks up aluminium output
China’s primary aluminium smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country in the form of semi-manufactured products.
West plugs defences as China cranks up aluminium output
China’s primary aluminium smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country in the form of semi-manufactured products.
