Tag Archives: China

New York, United States | AFP |  Big US companies are accelerating efforts to move more of their supply chains from China to neighboring countries in light of Trump administration tariffs. Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia, …

Stockholm, Sweden | AFP | Sweden’s top court on Tuesday rejected a Beijing extradition request for a Chinese man accused of economic crimes because of risks of persecution and the death penalty in China. Qiao Jianjun, a former official of the Chinese state grain administration, is wanted by Beijing under a …

Why the new development could be bad news for the US, Europe and India Kampala, Uganda | ISAAC KHISA | As Russia’s President, Vladimir Putin, hosts more than 50 African presidents for the first-ever Russia-Africa Summit in Sochi on Oct. 24, top on the agenda will be how to sustain …

London, United Kingdom | AFP |  London summoned Beijing’s ambassador for a dressing down Wednesday in a rapidly escalating diplomatic feud over protests in Hong Kong as China told Britain to keep its “hands off” the city and “show respect”. The demonstrations sweeping the former British colony have also revived tensions …

Afreximbank says China and India have consolidated their positions as the continent’s single largest trading partners Kampala, Uganda | ISAAC KHISA | Africa’s output grew by 3.4 per cent between 2017 and 2018 despite the slowdown in global growth during that period, according to the African Export-Import Bank’s latest report. The …

Washington, United States | AFP | The US trade war truce with China which could ease sanctions on Huawei has prompted a backlash from lawmakers over national security concerns amid confusion over how the deal may impact the Chinese tech giant. In the weekend agreement with his Chinese counterpart Xi Jinping …

Osaka, Japan | AFP | US President Donald Trump on Friday struck a conciliatory tone with fellow world leaders at one of the most high-stakes G20 meetings in years, despite deep divisions on trade and climate change. Host Shinzo Abe, the Japanese prime minister, appealed for unity among bickering world leaders …

Beijing, China | THE INDEPENDENT | President Yoweri Museveni has stressed that enhancing the purchasing power of all the global citizens is key to creating greater trade potential and, therefore, prosperity for more people. Museveni said this as he delivered a keynote address at the opening of the first China-Africa Trade …

Beijing, CHINA | THE INDEPENDENT |  President Yoweri Museveni has lashed at the World Bank for telling Uganda that countries that “build railways use own money.” He said that such a statement from an economist that purports to support Africa’s transformation through private-sector led growth shows that some actors are …

Beijing, China | THE INDEPENDENT | President Yoweri Museveni has left for a four day working visit to China, where he will attend the China-Africa Economic and Trade Expo and meet President Xi Jinping. Museveni has on several occasions hailed China’s financing of infrastructure development in Africa, saying it will fast …