Kampala, Uganda | THE INDEPENDENT |Â 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 |Â 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 |Â 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 |Â 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 …
Read More »Alupo hails China-backed agro-industrial park for boosting agricultural transformation
Luwero, Uganda | Xinhua | Ugandan Vice President Jessica Alupo on Thursday hailed the China-Uganda Agricultural Cooperation Industrial Park as a key driver of the country’s agricultural transformation through agro-processing. Alupo made the remarks while leading a delegation of senior government officials on an assessment tour of the industrial …
Read More »How China builds roads with excellence
Understanding the processes behind China’s expertise in building road infrastructure at scale COMMENT | NNANDA KIZITO SSERUWAGI | The four decades leading to 2024 were very productive for China in the scaling of its road infrastructure, being characterised by the building of over 190,700 kilometres of tarmac roads. This brought …
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