Nigeria, China in currency swap Kampala, Uganda | THE INDEPENDENT | In a signing ceremony that took place in Beijing China, the Central Bank of Nigeria and the Peoples Bank of China agreed to a currency swap worth $2.5billion to make trade between the two countries easy. International reports say the move …
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Beijing, China | AFP | A former Chinese Communist Party official who was once tipped as a potential successor to President Xi Jinping was sentenced to life in prison for bribery on Tuesday, the latest senior cadre to fall in Xi’s sweeping anti-corruption crusade. Sun Zhengcai, a former Politburo member …
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Kampala, Uganda | THE INDEPENDENT | Ryusei Imai, or “Little Bruce Lee”, as he’s come to be known, started watching Bruce Lee movie since he was one. Then he started imitating scenes from Bruce Lee movies at age four. In one year’s time he had already mastered the nunchaku scene …
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Beijing, China | AFP | A knife-wielding man with a grudge killed nine middle school children and injured at least 10 others as they returned home in northern China on Friday, authorities said, in one of the deadliest such rampages in the country in recent years. The 28-year-old suspect was …
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Washington, United States | AFP | World Bank shareholders approved a “historic” increase in the bank’s lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said neither China nor any …
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Washington, United States | AFP | With US-China frictions hanging over its annual meeting, the International Monetary Fund on Thursday warned governments to avoid harming trade and investment which have been key drivers of the global economic recovery. IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world …
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Beijing, China | AFP | A surrogate mother has given birth to a baby boy in China four years after his parents died in a car crash, Chinese media reported. The deceased couple was undergoing fertility treatments before the fatal accident in 2013. Their parents fought a drawn-out legal battle …
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Washington, United States | AFP | US President Donald Trump on Tuesday seized on seemingly conciliatory remarks from Chinese leader Xi Jinping, praising Beijing’s “kind words” as a breakthrough in the looming trade war between the two countries. “Very thankful for President Xi of China’s kind words on tarrifs [sic] and …
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Niamey, Niger | AFP | The leaders of Benin and Niger have given their backing to Chinese involvement in a controversial major rail infrastructure project set to span several countries. “We have taken stock of the railway issue (and) we tried to see which measures could be taken to move …
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China chosen as launch site of Volkswagen’s new ‘premium’ flagship Kampala, Uganda | MOTORING GURU | Volkswagen has abandoned the United States in favour of China for the world debut of its third-generation Touareg – because that’s where the money is. And you will need plenty of money to get into …
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