Xi

China’s Xi to prioritize Belt and Road initiative

Chinese President Xi Jinping has announced that his administration will inject significant resources to the One Belt One Road Initiative in his second term in office. According to the Chinese leader, the 21st century...
China economy

China economy grows by 6.8%

China's economy grew 6.8% between July and September according to official data released Thursday, slowing slightly from the prior quarter. The growth rate, which compares expansion with the same three months in the previous year,...

Tanzania and Uganda sign Oil exploration deal

Tanzania has entered into an agreement with Uganda to help in the search for oil in the Eyasi Wembere Basin and Lake Tanganyika. This puts to doubt Tanzania's previous agreement with Democratic Republic of Congo...

Gobi Agricultural Park, a remarkable phenomenon in China

In every desert of calamity, there lies an oasis of comfort. This saying is true to the people of Gansu Province, the northwestern part of China. Deep into the Gobi desert, a prominent feature...

China to help boost security in developing countries

China has announced extra financial resources to support the international fight against mounting security challenges around the world. This undertaking comes amid rising cases of widespread terrorism, cyber crime and organized crime, which all...
Trump

Trump blocks sale to Chinese company

The Trump administration has barred the sale of a US technology firm to a Chinese-backed company, citing national security risks. Since November, Chinese-backed Canyon Bridge Capital Partners has been seeking approval for a $1.3bn (£984m)...

Mugabe calls for closer cooperation with private sectors

Zimbabwean President Robert Mugabe has called for closer cooperation between the government and private sector to turn around the Southern African country's economy. President Mugabe says such cooperation is largely responsible for the phenomenal success...

Texas recovery ‘could cost $180bn’

Texas Governor Greg Abbott has said the bill for reconstruction after Hurricane Harvey could be as high as $180bn (£138bn). He said the damage was worse than that caused by Hurricane Katrina, which devastated New...
oil

Libyan oil fields closed by pipeline shutdowns, force majeure

Pipeline blockades by Libyan militia brigades making economic demands have closed down three oilfields and forced state-run National Oil Corporation to declare force majeure ** at several sites, officials and sources said on Sunday. Six...

US launches China trade policy inquiry

The US has formally launched an investigation into China's policies regarding intellectual property. The top US trade official, Robert Lighthizer, said his office had "determined that these critical issues merit a thorough investigation". The move was...
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