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Tag Archives: China

Zambia refutes erroneous reporting on debt restructuring process

Lusaka, Zambia | Xinhua | The Zambian government on Monday refuted a Western media report that it does not support China’s call for the World Bank and other multilateral lenders to join Zambia’s debt restructuring process. Zambian Minister of Finance and National Planning Situmbeko Musokotwane said that contrary to the Financial …

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China continues stringent crackdown on pornographic, illegal publications

Beijing, China | Xinhua | China has continued to intensify its crackdown on cultural products containing pornographic or illegal content. In 2022, the country’s law enforcement agencies handled more than 13,000 cases involving the production and distribution of such illegal materials, with more than 4,000 individuals penalized, according to statistics from …

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Key facts U.S. deliberately ignores about African debt

Western lenders for long have not been put on the spotlight for debt relief because they successfully managed to dupe the world that it’s only Chinese lenders that pose a threat to Africa Beijing, China | Xinhua | Like many senior U.S. officials who have visited Africa, U.S. Treasury Secretary Janet …

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China to replenish pork reserves to stabilize market

Beijing, China | Xinhua | China’s top economic planner said Monday it will stockpile pork, the country’s staple meat, to replenish state reserves, as an index monitoring pork prices has dropped below a warning level. The index, the national average of pork prices against grain prices, came in at 4.96 to …

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AfDB: Africa will grow 4% in 2023 as China recovers

The bank’s cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies Kampala, Uganda | Leo Komminoth | The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 …

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