Stanbic’s China payment link is set to ease the country’s trade friction with Beijing Kampala, Uganda | THE INDEPENDENT | Ugandan businesses trading with China are set to gain faster access to yuan payments after Stanbic Bank Uganda became the country’s first lender to connect to China’s Cross-Border …
Read More »XI: Bringing a personal touch to Chinese diplomacy
BEIJING | Xinhua | “Friendship stands by a meaningful thing — a world of peace must be a world of friendship.” Chinese President Xi Jinping once quoted a foreign friend to illustrate the preciousness of friendship. In his view, people-to-people friendship is the foundation for stable and sustained international relations, …
Read More »Stanbic Uganda launches direct Yuan payment system to boost trade with China
Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has become the first financial institution in the country to integrate with China’s Cross-Border Interbank Payment System (CIPS), a move expected to simplify cross-border transactions, reduce foreign exchange risks and strengthen trade between Uganda and China. The new payment platform enables Ugandan …
Read More »China’s PLA celebrates 99th founding anniversary
It is a PLA march toward world-class military, with peace as enduring mission BEIJING | Xinhua | Saturday August 1 marked the 99th founding anniversary of the Chinese People’s Liberation Army (PLA) as it continues its journey from a fledgling revolutionary force to a modern military advancing toward its …
Read More »China’s rising global favorability reflects the appeal of cooperation and openness
BEIJING, CHINA | Xinhua | A new survey from the Pew Research Center found that China is now seen more positively than the United States in most of 36 countries surveyed. In many places, positive perceptions of China have reached their highest levels since records began. The findings add to …
Read More »Africa’s industrial takeoff ‘only beginning’, says Chinese entrepreneur
China and Africa pursuing modernization together, with no country left behind, is “a very large undertaking,” said Xiang Wenbo, chairman of Sany Heavy Industry, one of China’s largest construction machinery manufacturers. NAIROBI | Xinhua | Sany Heavy Industry, one of China’s largest construction machinery manufacturers, posted 3.5 …
Read More »What makes China’s Jingdezhen Handicraft Porcelain Industry Sites a landmark UNESCO World Heritage entry
BUSAN, South Korea | Xinhua | China’s serial heritage nomination Jingdezhen Handicraft Porcelain Industry Sites secured inscription on the UNESCO World Heritage List at the 48th World Heritage Committee session in Busan on Saturday, marking the country’s first complete handicraft porcelain production system to earn global cultural heritage recognition. …
Read More »China’s World Cup victory without a team
The Asian nation was absent from the pitch, but its technology, factories and brands helped power football’s biggest spectacle NEWS ANALYSIS | IAN KATUSIIME | The irony could hardly be greater. China, a country that has struggled for decades to become a football powerhouse, did not feature …
Read More »China’s NEVs deliver global gains through ‘full-chain’expansion
GUANGZHOU | XINHUA | In major ports along China’s southeast coast, Chinese-made electric vehicles roll nonstop onto car-carrier ships bound for every corner of the globe. But for China’s new energy vehicle (NEV) industry, loading containers is no longer the endgame — it is merely the first step. Now …
Read More »Clay meets civilization in China’s Jingdezhen
NANCHANG | Xinhua | For more than 2,000 years, kiln fires have burned in China’s Jingdezhen, transforming humble clay into exquisite works of art. This is no ordinary city. Situated in a corner of east China’s Jiangxi Province, the world-renowned “porcelain capital” has long been the heart of Chinese …
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