Chinese leader Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation …
Tagged By finance
Trump is looming over US climate talks in China
John Podesta, the top US climate envoy, will meet his Chinese peers this week to try to lock in an ambitious deal for COP29 and discuss contingency plans for a Trump victory.
Mercedes-Benz plans to jointly invest $2 bln in China, local media reports
Mercedes-Benz has plans to jointly invest over 14 billion yuan ($1.97 billion) in China with local partners to enrich local vehicle lineups, state-backed digital newspaper The Paper reported on …
Bond investors eye Hong Kong as offshore RMB hub as China access grows
Greater liberalisation and new access schemes aim to help offshore investors tap China’s vast bond market, plus give them tools to better manage risk and liquidity. How can fixed income portfolios …
Bank of China plays important role in strengthening Sino-African relations
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 …
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 …
