Day: March 2, 2023
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Uganda is the Latest Stop for High-Level CPC Delegation Touring East Africa
While U.S. lawmakers see themselves in an “existential struggle” with the Communist Party of China (CPC), Party officials are getting a considerably warmer reception in Africa. Li Mingxiang, the Vice Minister of the International Department of the CPC’s Central Committee, met with ...
Ghana President Hopeful for IMF Deal in March
Ghana’s President Nana Akufo-Addo is optimistic that the debt-ridden country will reach a bailout deal with the International Monetary Fund by the end of the month. Speaking at a gathering of ambassadors and high-level officials, Akufo-Addo said: “I’m confident that with ...
China’s Premier Promises IMF Chief “Constructive” Cooperation on Debt
Chinese Premier Li Keqiang told the head of the International Monetary Fund that China is open to participating “in a constructive manner” with debt restructuring efforts. During a call with IMF Managing Director Kristalina Georgieva, Li said: “China is willing to take ...
Kenyan Merchants and Consumers Face Off Over Chinese Imports
Kenyan traders staged a street protest against Chinese competitors they say are undercutting them. This follows the targeting of China Square by Trade Secretary Moses Kuria. The popular new Chinese-run store offers imported products at prices 50% lower than traders.