Africa, Americas

14.03.2024

China offers rare economic opportunity to Africa

For many decades, one of the main obstacles to Africa’s ability to grow its economy has been the unfair trade policies between the continent and the Western bloc. The continent was primarily viewed as a source of free or inexpensive raw materials at the start of colonisation, which is when...

For many decades, one of the main obstacles to Africa’s ability to grow its economy has been the unfair trade policies between the continent and the Western bloc. The continent was primarily viewed as a source of free or inexpensive raw materials at the start of colonisation, which is when...

14.03.2024

Free trade agreement between China, Nicaragua comes into effect

The free trade agreement between China and Nicaragua came into effect on Jan 1, which holds great potential for fostering economic growth, enhancing cooperation as well as benefiting businesses and people in both countries, the Ministry of Commerce said on Friday.

As per the provisions of the agreement, both countries will...

The free trade agreement between China and Nicaragua came into effect on Jan 1, which holds great potential for fostering economic growth, enhancing cooperation as well as benefiting businesses and people in both countries, the Ministry of Commerce said on Friday.

As per the provisions of the agreement, both countries will...

14.03.2024

CNOOC's deep water oilfield project in Brazil starts production

China National Offshore Oil Corp has further expanded its presence in Brazil's deep water pre-salt oilfields following the start of production of its Mero2 project on Tuesday, industry experts said.

Mero2 is one of the four production units of Mero, the country's third-largest pre-salt oilfield in the Santos Basin off southeastern...

China National Offshore Oil Corp has further expanded its presence in Brazil's deep water pre-salt oilfields following the start of production of its Mero2 project on Tuesday, industry experts said.

Mero2 is one of the four production units of Mero, the country's third-largest pre-salt oilfield in the Santos Basin off southeastern...

14.03.2024

Majority hope China-US relations to maintain status quo or ease in 2024

Over one-third of respondents from 20 countries expect the future relationship between China and the US to "maintain status quo," in the coming year while nearly one-third hope for relations "to be eased." Meanwhile, over half of respondents from 20 countries expressed great concern over the spillover effects of US...

Over one-third of respondents from 20 countries expect the future relationship between China and the US to "maintain status quo," in the coming year while nearly one-third hope for relations "to be eased." Meanwhile, over half of respondents from 20 countries expressed great concern over the spillover effects of US...

15.01.2024

China, Africa trade continues to grow

China's trade with Africa sustained steady growth in the first seven months of the year, growing 7.4 percent year-on-year to 1.14 trillion yuan ($158.36 billion), according to the General Administration of Customs on Wednesday.

China's exports to Africa stood at 709.59 billion yuan during the January-July period, up 20 percent compared...

China's trade with Africa sustained steady growth in the first seven months of the year, growing 7.4 percent year-on-year to 1.14 trillion yuan ($158.36 billion), according to the General Administration of Customs on Wednesday.

China's exports to Africa stood at 709.59 billion yuan during the January-July period, up 20 percent compared...


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